Shorting right now could lead you to be being left behind if this is just the start. I think this the best average price BTC around 38-40k$.Most people buy BTC this time but when price will be down like $30k-$35k then they lose money. But I think BTC price will be rise November - December.
There's more to it. And those that don't buy when it was $30k, they've just missed the whole thing but it's not too late for them. We can still have another run and they should buy before that happens. |
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there is still potential for BTC don't be pessimistic.
That's quite normal to see people become negative when they see some huge drop in price. That's it. We all have to remember that not all the time the market will be bullish, sometimes bear season has to come. The good thing is that we are not in a bear market, the market prices are still healthy even altcoins showing such huge pumps when Bitcoin moves high. That is why we don't have the reason to get panic and worried about every decline as always there is recovery next to it. Only we have to keep calm, be patient, and lastly, we have to trust on crypto and on our invested coin. Yes. We're not yet in a bear market and others have to be happy as much as they can since we saw the huge drops for the past weeks. It only confirms that we still can possibly see bitcoin move some quick pumps that's very usual to it. |
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There's now the rejection and confirmation that the Amazon news is fake and this probably was the effect of it why $40k took not that long to stay.
They're aware now that they're like the Elon Musk of the market and probably will use that influence again sometime in the future.
For seeing this incidentnwe can say that manipulation is really happening thats why we need to be careful wether the news is good is bad since we as a small time holder/trader we are prone to get hit when those manipulators dump there shits and take out their profits. For sure there are more something like this will spread as many whales see the potential to move the market by just spreading fake informations in this space. It's been there, manipulation in every market and we can't deny that bitcoin isn't exempted with such. As long as you're in a long term position with good or bad news, you won't be moved if you've been here for a long time. News whether they're verified or fake, you won't be falling onto it because you have a long term plan. |
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It's about to get into $40k just now.
As I post this, $300 more and it's already on $40k. The news about Amazon seems to be one of the reasons why we're seeing this price increase and it's very nice to see it again go in $40k.
Well, most of us missed that price.
there are various fluctuations that will later bring news about Amazon that encourage them to adopt Bitcoin. So it can't be denied just for the sake of growing all transactions on Amazon. If they are really serious about adopting Bitcoin by the end of the year. Although it will continue to feel faster for a while. so the target will be above $50,000. And for now all need to prepare for the increase in preparation that is quite maximal. We won't be happy just yet, because for the time being following up on Amazon's decision is what we're most looking forward to. so with that look at how strong Amazon's influence is on Bitcoin price growth. There's now the rejection and confirmation that the Amazon news is fake and this probably was the effect of it why $40k took not that long to stay. They're aware now that they're like the Elon Musk of the market and probably will use that influence again sometime in the future. |
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there is still potential for BTC don't be pessimistic.
That's quite normal to see people become negative when they see some huge drop in price. just look at Q4 later the potential for BTC seems to be experiencing a significant increase. although it doesn't increase 100% but there is still a chance to get back up
Even if nothing will happen on Q4 and it's just going to be a stable quarter, there will still for sure be the time that bitcoin will have another series of bull run. |
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I haven't considered taking profit with the example amount of how much you should take in profit. That's low and others would think of the same because we're all for a decent profit.
Not that small but not that big as well but considerably to boast as a profit that we've made in trading. But you're right, profit is profit regardless of the amount you've taken than to take further losses.
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I am happy for that news to the people of Bangladesh that owns bitcoin. Because it was known that Bangladeshi government has banned bitcoin and owning it is a sort of illegal activity.
There's just a need for a little push and hopefully, the real good news will come in the next coming days towards freedom for bitcoin people there.
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Okay then case closed.
The market has already stabilized with that news so everything we see right now is natural again. There's no more FOMO happening with this clarification and that's a better news than that rumor.
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Well the point depends on our level of mastery of trading, the more we master things related to trading more deeply.. it will make it easier to take steps when small capital let alone large capital.
And sometimes because of limited money, it doesn't harm if we take steps with small capital, this can still make a profit, we don't have to force ourselves to have big capital, the important thing is that we can keep learning and observe more deeply related to the steps as well as strategies as good traders.
But that will still go through a long time even if you're very good in trading, that small capital will still be tough to grow. That's why those wise traders are going with as much as they can because they understand that the lesser capital that you've got, your potential profit is going to be low too despite how very good you are as a trader. |
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Cryptocurrency will not cause a financial crisis. The proportion of people holding cryptocurrency in the world is very small, and the market value of cryptocurrency is not enough to pose a great threat to the financial system. The financial crisis is caused by the unlimited printing and distribution of money by institutions to cause inflation. Bitcoin is not controlled and restricted by the government, and the total amount is fixed, and it will not be issued.
Yeah, it's the opposite actually. People from the traditional market and investments, they can be in the crypto market and manipulate it just as what we've been seeing with these popular people in the world of investing. I guess we've already passed on the said crisis and that was when the pandemic started last year. |
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Taking too much risks in trading and investing is a form of gambling.
That's risking not gambling. There is both risk in trading, investing and gambling. But I guess in general understanding, people just giving all of them one meaning as taking risk is equals to gambling. High risks taker might be luck to make good profits in certain trades while the rest could lead to bad luck. This is why it's not good to copy people's style of trading especially if it has high risks value. Lesser risks is enough to execute a trade in order to avoid unnecessary regrets.
In investing, there's no such as luck. They're all based on analysis and speculation, well, maybe a little of luck but it's not all about luck when someone invests and made a profit out of it. |
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I think it also needs time, sometimes newbie trader loss a big amount of money because they are always rush in trading they do wanted a money in a single hour of a day. Trading is simple but newbie is always greedy and never think twice before doing trades so most of the newbie really loss although not all but sad to say that there are a lot of them loss.
Rush is one keyword. It is true that many of them are rushing to get into the best trade of their lives and that's why they skip some important learnings that they have to take before doing trades. Risk management, they forget the steps how to do it and they're jumping with the good profits without having a set of plan. |
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It is.
Because you're not needing those money that have been put into bitcoin unless you really want to sell them and you're in need. But since you're rich, you are in a rush and you're willing to wait until the value of your investment in bitcoin bears fruit.
I'm not rich but I'm totally fine waiting until my holdings goes to a certain high.
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Answer is very simple if u want to hold for long term no need of stop loss. I will recommend you not hold your longvterm coin on any exchange. Trustwallet or metamask or any wallet you can used.
If you want to take a short profit than stoploss is mandatory. Sometime market crash little and you can loss much.
Suggest about hardware wallets too, they're one of the best in terms of holding for long term. I've been doing that for years and never had any problems. But those wallets that you've mentioned, they're also good if you don't have the budget to buy for your own hardware wallet. A market crash can literally make you fall into more losses if you've diversified that much. The average stop-loss is applied to short-term trades they will always worry if a decline occurs suddenly because no one knows the prediction so it is very necessary even I often do it. I often use hardware wallets as crypto shopping bags, where I have found a coin point that will be held for a long time so that is indeed the best way with our hardware wallet, it is much safer than the word danger as long as the private key is still safe, and that's one factor assets are not lost. Maybe a holder will look at the market once when some positive news comes along. A holder also speculates the market. He may stop his losses if he wants to and convert to stable coins for a while before his entire assets goes into losses. It doesn't mean that he just have to hold but he's also free to cut losses if it's necessary. But most of us holders, we literally wait until the market is favorable and most likely accept whether we're in losses. |
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I am expecting for hit to be stable again to $40k. But if it won't break that price as there's a sudden positive movement again, it's likely to stay where it is right now.
But with its pricing, that's a better price that we've got and it's looking good as with those sentiments are becoming positive again. Well, many will hate it but there's again the person that's being involved with this rise.
Stable at $40k is ideal for Bitcoin in its current state. It will be very valuable when the Bitcoin price is below $35K but at that time it becomes a price release event for some short-term holders. It's a shame, they don't pay much attention to the factors that are getting more and more aggressive. One of them that is still strong and continues to exist is the adoption of various important elements. Did Amazon really keep its word at the end of the year? I'm really looking forward to that. It's about to get into $40k just now. As I post this, $300 more and it's already on $40k. The news about Amazon seems to be one of the reasons why we're seeing this price increase and it's very nice to see it again go in $40k. Well, most of us missed that price. |
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Answer is very simple if u want to hold for long term no need of stop loss. I will recommend you not hold your longvterm coin on any exchange. Trustwallet or metamask or any wallet you can used.
If you want to take a short profit than stoploss is mandatory. Sometime market crash little and you can loss much.
Suggest about hardware wallets too, they're one of the best in terms of holding for long term. I've been doing that for years and never had any problems. But those wallets that you've mentioned, they're also good if you don't have the budget to buy for your own hardware wallet. A market crash can literally make you fall into more losses if you've diversified that much. I think your suggestion is very appropriate because at times like this we have to admit that many people around us are naughty, not just hackers, so if you propose a hardware wallet, it is the best way that can be used even though it may cost quite a bit to own and use it. saved is also not much, causing them to look for alternatives that are also quite good. maybe metamask and truswallet are very good wallets and accommodate everything we might do later. it all depends on what you have in the end and how much you have to save. Those wallets can accomodate to keep your assets there as you trade. But if you're taking profits and you're wanting to secure them. It's best to put it on a hardware wallet and there are a few trustworthy that has been tested by time. https://bitcoin.org/en/choose-your-wallet?step=5&platform=hardware |
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First of all my worst miatakw is that i have not bought bitcoin when it was so cheap.
Secondly i Bought Cake token when it was 0.26$ but sold all at 0.4
After that i bought at 2$ price and sold at 6$ price.
If i had hold i would be a richer man.
The second isn't a mistake but a regret that you've sold earlier. But the first one is a legitimate worst mistake by everybody that we've missed buying bitcoin when it was truly cheap. We're only thinking of how low it was before and never bought because we've considered it to be expensive during those times. |
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I am expecting for hit to be stable again to $40k. But if it won't break that price as there's a sudden positive movement again, it's likely to stay where it is right now.
But with its pricing, that's a better price that we've got and it's looking good as with those sentiments are becoming positive again. Well, many will hate it but there's again the person that's being involved with this rise.
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If Giannis will win another championship, then I will have to admit that he is already in level with Lebron James and Kobe Bryant, for now, there are people who are still in doubt that the Bucks will not win a championship if they face a healthy Nets or a healthy Lakers/Clippers in the NBA Finals.
Those people that are in doubt of Bucks didn't managed to see their progress through all of these years when Giannis gets in. Although it's not necessary at all but you get to see what they've been for the past years. And if Giannis wins another title next season, comparisons will be made for sure but it will always be Giannis as him and the same from LBJ. |
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Answer is very simple if u want to hold for long term no need of stop loss. I will recommend you not hold your longvterm coin on any exchange. Trustwallet or metamask or any wallet you can used.
If you want to take a short profit than stoploss is mandatory. Sometime market crash little and you can loss much.
Suggest about hardware wallets too, they're one of the best in terms of holding for long term. I've been doing that for years and never had any problems. But those wallets that you've mentioned, they're also good if you don't have the budget to buy for your own hardware wallet. A market crash can literally make you fall into more losses if you've diversified that much. |
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