you need to set the your targets. dont go with the flow, dont follow the crowd. just make ur profit target and right after the exist dont even bother to look at that coin again
Yes it is. Setting target, goals and know your limits. Self control is also significant in trading. The hard time for traders is that, they didn't reach exactly their target which is the reason for them to try another game and trade again until they loss they coins. I agree. When I see people confessing that they wanted to opt out of the trading market. They usually set a target that would at least help them determine when they should walk away from the trading market without actually losing so much investment. Whether you're on the investment or trading market, or whatever market per se, your aim is always to get a profit, so if you would walk away when you still gained so much losses, it would be difficult to stand back up. |
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Many people actually do that because of the idea that Bitcoin still is the best coin around that could give a person the best profit possible come the time it gains back what it lost after several dumps. However, I will not totally dispose all of my altcoins to buy Bitcoin because there are still some altcoins, like Ethereum, that is worth holding. And also, in this market, diversity is key, so it's better to have a couple of coins rather than just one. |
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Good suggestion mate; however, just to add, there are so many other sites or sources to check. Nowadays, the internet is riddled with website for you to check those prices. For me, the most accurate are those trading sites that provides you a real time and up-to-date changes in the prices. I say that because that's where most seasoned traders derive their guidelines whenever they make trades. |
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I believe it does. Bitcoins have a limited supply of 21 million coins, and currently the price is somewhere around $7900 to $8100 and it will go up during the next couple of months. And some predict that it may even hit $100,000 soon. So there is a good chance that Bitcoins' price would increase and you can take profits if you invest it right now. However, due to the extremely volatility of the crypto markets you need to be very careful when investing. Basically do your own research and invest what you are able to lose. Most people still don't know about Bitcoins and people who do and invest are called early investors. So I am very confident that in the coming years many people will know and adopt bitcoin either as a rudimentary payment method or more often as a investment instrument, there by increase the demand for Bitcoins thus sky rocketing its price!
That's right. Surely, there is still a lot more money that can be gained from Bitcoin investments. Even though the market has been there for ten years more or less, it's still considerably is a young market that can still undergo and experience a lot of many different changes. And so, although the time for pioneering has passed, there are still lots of things that can be taken advantage of in the market, especially now that it's beginning to receive recognition from people. |
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How are you handling your portfolio? How much are risking in % of your portfolio in short term gain vs. Long term gain?
I would want to focus on short term ideally, but I can't because of the fact that I am busy with so many other things. Short term ventures are those that need time and continuous effort in terms of checking out the market and being updated with the movement of the coins in your portfolio; it is usually related to day trading, which is more risky, especially if you won't spend enough time feeling and checking the market out. So now therefore, I focus mostly on long term and passive investments. |
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Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment
That depends, but it may be is, depending on your personal situation. If you feel that you can swallow and carry the current price point as a price for investment, then go for it. But, the only consideration I would suggest is if the movement and trend supports so. I mean, check how it's value is decreasing. You have to ask, (1) Has it been happening for a couple of weeks, thus making it not a temporary movement?; (2) Is your money enough to get you a substantial amount so that you can do business with more freedom?; and finally, (3) Do you actually have enough money? If all the answers are yes, then it may be the best time. |
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Why Media is negative about Bitcoin?
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?
I think it's because that's the press release governments and business entities who have controlling interests with regards to the business sector wants the media to say. Media nowadays are not like before, they are business entities as well, and so, they will choose to report something that will be most accepted and supported by people, for that will transcend to profit. Having said, I think that it is also affected by how the majority of the world sees it; when the time comes that more people will support it, then there might be a shift as well on how the media will report about it. |
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In the current situation of better growth of crypto industry I want to make some investment.
But I really got confused when I am going to make the final decision. My mind is supporting ETH but my study suggesting to go for EOS.
I am just freaking puzzled to make the final decision.
Could you plesae suggest me one or both with percentage to make a fruitful investment??
Regards.
For me, it's Eth. I have nothing against EOS, but I am just more comfortable investing in something that commands more support and has basically gained more experience int he recent years under its belt. Also, I have some sort of a bias to Ethereum because I have trusted the coin for such a long time, that I trust that even after losses and dumps, I know that it can go back up. I am sure that many people share that belief and idea about Eth too, which is why, it gets massive support. |
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Yes long term trading is a good way to earn me without hassle. Because you can buy a coin at its dump, after you can leave and didnt take a look day by day. Just do what you want and after a while visit the price and hopefully it will double or triple your investment. Long trading is good for an individual who had no time do or be full time in crypto
That's right. I have the same mentality and idea about it too. I choose to do long-term trading or holding per se because it's passive. I don't have to look closely to the market every other time. The time I spend in the market is not so demanding that it would make me exert more effort just to give attention to the other things I do. Also, I think even though it may take a while for investments to prosper, at least, the only extra investment I need to give is patience, which is basically free if you have it. |
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Entering month of April, we are seeing the gradual increment on bitcoin's value. This leads to me this question, How stable is bitcoin? What are the factors indicating its constant movement aside from the fact that compared from the last years its value was unfathomable in a financial sense but sudden drops oppressing lots of investors. What sort of deem of hope to investors not to become disoriented and eventually selling there btc shares as its value decrease. What do you think guys?
It is not stable mate, not at all. Also, even though it's funny, I think the world "stable" is one such words that would not be related to this market in the long run. I say that because one of the key features of this market is how volatile assets can be, and so, it may drop down at any time, but it may also fall at any time. Just like the saying, "The only constant thing is change." I feel that that saying is the best words to describe this market, because the only stable thing to expect is how the assets will continuously move and change. |
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Either to be honest. I just don't want to put in 100 a month to wake up 1 morning to find rates have massively dropped
If that's going to cause you sadness then you shouldn't put a penny in. It could happen at any moment. People who put money in at the end of 2013 had to wait over three years to break even. There's a lot of risk however you want to look at it. Everyone here's taking it and that's why the rewards are potentially very high or non existent. I agree. You can''t be in the trade nor in the investment market if you can't hold back your emotions, especially in the face of losses. Losses are inevitable as they say, thus, if you would lose hope immediately after experience some losses, then it would be hard for you to recover, plus the fact that you would find it difficult to keep going. So basically, in choosing an amount to invest, always consider a number that you would be okay even if you actually will lose it. I am not saying that you would, it's just more practical and forward-thinking to expect every scenario. |
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Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
First things first, try to gain more knowledge by watching tutorials and reading many information and details about how the trade market works. I say that because as much as it is one of the best profit-giving markets around, it is also one of the markets that can make you cry and lose hope because it just has so many alleys to make you lose your investment. So, if you want to jump in it, invest the time and effort to actually check it out. Do you homework before making any business. |
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I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
It's one of the many strategies available to a person who wants to venture in this market. Although I think that there is no surefire way to actually succeed, and no one can tell you that long term holding is the best way to go. This option is useful for those people who doesn't want to be too aggressive for their own good as they venture in the market. It's a good thing that there are so many types of business available based on how you can commit and the level of knowledge you have. |
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Still a lot of discussions about the future of bitcoin and cryptocurrencies surrounding in scientific community. Aren't experts yet convainced that bitcoin is a reality? In an interview for CNBC, Robert Shiller the professor at Yale University expressed his rather negative sentiment towards Bitcoin and other cryptocurrencies, saying: To me it’s another example of faddish human behavior. Link to the interview: https://www.cnbc.com/2018/05/21/bitcoin-could-be-another-failed-currency-robert-shiller-says.htmlShiller consolidated his opinions on Bitcoin and other cryptocurrencies in a long post from where i prefered to take this note: Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough. Link to full article: https://www.project-syndicate.org/commentary/cryptocurrencies-scientific-narrative-by-robert-j--shiller-2018-05Threads and topics like this will always appear. It's because of the reality and fact that the market is always changing, and those changes in landscape affects the coins in such a way that people would lose their trust in the market itself and in the system in a cycle scheme. However, if you are a true believe of this market, and a long-time follower, you would know for a fact that it being a bubble has long been purged because being volatile and unstable is just how this market works. |
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I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
I fear it's not. I am not a full-time cryptocurrency venturer, thus, my earnings are a meager compared to other people who go full-time. Also, my ventures are commonly campaigns and long term holds, thus, I don't get that much over a short period of time, and often times, I have to wait for a while before any of my business actually give me something in return, so my earnings is not enough to actually convert it into a real business. |
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As quoted from CNBC there is a cryptocurrency will be zero. What do you think ? From : https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html I think the consideration is the idea that there are just so many cryptocurrencies in the market right now. And so, most of them are destined to die out and, basically, fall down to zero value. However, there are still some, most of them are the seasoned ones, that would have a legit shot of making it big. The market just has a big number of coins that are only present because developers are trying to ride the hype, and so, sooner or later, those coins that has no sustainable objectives would surely be gone. |
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hi .. .  China will become super power in few years !! sure First reason is that they are creating everything expect only one thing .. .and the thing is Medical products .. not medical instruments ... but they are working on them too they will manufacture them too .. !! and GuyZZZ ? you know ? why china is not raising there currency price ? ? ? Think .. !! will reveal. Isn't it already mate? I mean, China has arguably the second-most powerful economy next only to the United States. If it can compete with the USA for the most powerful economy, then you can consider it a superpower any day. I think it is evidence enough that they have become leading supporters of many new ideas that contribute to the global market system, and in turn, helps nurture their economy into one of the most powerful in the world. Some may question the quality of their products and all other doubts, but there are still more people that wants to be affiliated with China, knowing that it's the next big thing. |
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That is a pretty strong move from Facebook, but they do have a history of making rash and unpopular decisions. I think people will gradually move away from Facebook as their censorship and nanny state ideas have basically ruined what was a useful tool.
I agree. However, I see this more of a cleansing rather than total stoppage. I think this will only be temporary because we have to consider that Facebook lives by the market and advertisement, and banning such type of contents would also mean a decrease in the foot traffic they get from the many people logging in to post their cryptocurrency-related contents. I am sure that Facebook won't want that because that may contribute in the decrease of their gains. |
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I wanna try trading but I don't know what coin to buy so that I could start with my trading. Can anybody help me and give me information on which tokens to invest in. Thank you.
For me, I usually choose those low-valued but has high mobility coins for trading, especially in times when the market is not doing so good. I say that because they are easier to buy, and also, with less money you can buy a big amount of them because if you don't diversify your holdings plus the fact that you don't have that much of the coins that you have, would limit your capacity to be aggressive in trading. It's better to still gain even a small profit per each unit of coin you have than buying an expensive coin but having it held and stagnate for such a long time. You have to see that holding a coin is not synonymous to gaining because you would know when it would rise back up in value again. |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Well, partly I guess. I say that because when panic selling happens, the demand would be outweighed by the amount of supply because everybody wants to sell their coins. Therefore, it would be more realistic for the coins on sale to drop in value because there are so much of it around as compared to those times when the market actually has a not-so-active circulation, which means that, there is low supply compared to the increasing demand. |
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