Wow, LeBron decided to decline player option of Cavs, so that means he will most likely be joining some other team. That will most likely be Lakers, but not necessarily. I am very excited  Also, I am nothing less interesting about Leonard and George. Next days will be very interesting  Well he could but he will see what to happen soon enough hopefully run would make something of himself making the NBA more exciting. I am very excited too because of the possibility of the big three like you said where Leonard and George actually come together in the Lakers. That move will be bad for the career of the two superstars of George and Leonard. As we see superstars teamed with James will most likely decrease in their talent because James is always hugging the ball and not giving his teammates a chance to shine. Like what happened to Kevin love and smith which is now on the twighlight of their careers. Well deciding to be a free agent doesn't mean hr's leaving the cavs though. As far as i know, contract wise, the cavs are still the team that can give him the highest max contract in excess of 200m in 5 years. And he's already said that his priority this time in making a decision is his family, which is based in ohio. Opting out is basically the best choice for him to maximize his options |
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I totally agree with you that panic selling is not a solution. but i also do not think that trading now is a good choice. with the bear market, you should hold for the recover to earn money
Well with experience comes knowledge and being knowledgable would lead to making good sound decisions. Panicking is never a good one. If you're a newbie, accept mistakes and learn from them. No trader is perfect, it just goes down to how you'll handle things that aren't going your way |
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At the end of the day no one is going to get rid of emotions entirely. Its mostly about controlling them. Best way is to have a strategy and follow it.
Exactly, no matter how professional you work as a trader, there will be always those times when you will lose hope because the market price is dumping very hard and the only thing you can do is to hold your coins to avoid losing more of your investments. Well since it's given that emotions will always be in play whethet we like it or not, it's how you deal with it that matters. Avoid doing things that could trigger an emotion-based decision, like constantly checking the market and your assets. Do other things when the market is down. These actually are things you should've expected and prepared for even before buying your first btc and alt |
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Me, my personal reason is I know to myself that I can't but it is just for now. Coz I am gathering experiences, information, strategies and techniques before I enter the world of trading. When the day comes that I can do trading, maybe it will change a lot for me.
Preparation is very important before entering the world of crypto investment. I think the reason why people don't want to invest is due to volatility and risks. Aside from these factors, I also consider arising issues and controversies contribute negative impact. I believe legit information dissemination and spreading awareness would help change the mindset of the people or the public. Yeah volatility and risk is the perfect term. As of today, most of the information that we are seeing in different sites are no longer trusted and reliable that is why it is very risky specially you will going to drop some money. Yeah and if you don't make your own research and study, what you hear and see in the news would likely convince you avoid crypto. There's promise in this market for growth but one has to be prepared for the ups and downs you'll surely encounter |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
People are afraid of investing in electronic money because they have suffered a loss when investing in altcoin. I have met many investors who have no knowledge of Crypto and they will often suffer losses. The main reason is that they invest in the crowd and do not have their own opinions. Then they would hate Crypto and assume that it was a bad market. Being afraid and being cautious are two different things and people i think more cautious than afraid. People may see crypto differently but they know there's money here. It's just that the risk is far more than other investments. Look at those that didn't think or made studies first before dealing with crypto. They're likely at a loss right and would't want to get back in it again |
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Hope he didn't lose too much money or he did cut loss when the price was still high or just starting to drop down,
I wonder how much did he put in cryptocurrencies and how much did he loss.
That's why it's a big no no for any investments to put it in one place. Especially in crypto. You can't recover lost money easily here and the wait to recovery may be too much for most people's financial capability so they end up selling at a loss. What you're doing if you put all your savings in crypto isn't investing, it's gambling. |
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It is not true that we have hit the bottom because bitcoins and most alternative currencies are trending low. The market will still rise above what we are seen now and hope by the end of the 3rd quarter of the year, things will improve.
Well for the moment though it seems we have at 5.8k a few days ago. Today's got a good bounce but there's no way we can say it's already a reversal. Have we hit the bottom for this year? Hopefully :p |
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Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
The market price today is down to $5k dollars already and if you are planning to invest a huge amount then it was the best time right now because you will surely earn a huge amount of profit when the market goes back to normal. We will not sure about that, I see in coinmarketcap the price arround $5900 and still have signs to decline more than that. And I guess the price bitcoin will touch $5500 sooner, so I sugeest for hold in fiat fiat first and if the price drops to the $5500 price you can buy it, this is just a suggestion and a prediction only. Or buy in bursts instead of guessing whether it's the bottom or not. You get to average your investments that way. It can go to 5.5k or lower or we can bounce back just like what happened a few hours ago. |
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When the market falls long term. The market has few new investors, the old investors are no as interested as before. Volume is very low. That makes the profit from exchange are reduced ( Huge whales are big exchages )
To compensate for the declining profit. The whales and the exchanges are linked together to control the margin. Currently, Margin has a large volume (Bitmex no.1 volume). That's why most of the time the bitcoin chart are U-shaped
Most of the time it was intenstionally done by some group of people who called as whales to make profits but how we react to that price drops is important and most of the people will lose their so we need to understand the strategy behind the bitcoin investment and act according to that will make you successful in the crypto investment. Well there's nothing that we can do about that anyways and i think we're all aware that manipulation is indeed happening regardless if it's intentional or not. If you have enough holdings in your hands that can sway or affect how the market moves, then why won't you take advantage of it? Intentional manipulations are probably happening a lot more than accidental ones |
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If the current predictions for the end of the year 2018 would be complete and fulfilled the same way as 2017, we all will be millionaires, because some of the guys are telling that it would reach $100,000, lol.
This is only a guess, but it can happen if we have confidence in Bitcoin. I think the downtrend of Bitcoin is about to end and we are about to enter a new phase of development for all existing markets. I personally believe in this market more because I can freely trade or invest without being controlled by anyone, which is why I come to this market and assert $ 100,000 is sure to happening Uhm the thing is, not everyone looks at it that way. People from outside the crypto community get information about bitcoin from mainstream news and feeds and they're mostly negative reports. Proper information about this market would have to be known to those people before we can even hope to hit that value. |
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I don't think there's a lot of us here who'll boast of a postive portfolio since the start of the year lol. Everyone's reeling from the correction and we're not even seeing any certain signs of a big reversal coming lol.
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I believe it is more of a skill than luck. You can't always win in a day-trading if you rely just upon luck because the game doesn't play with just like. It requires knowledge and skills to succeed. Though I can say, it still has a bit of luck.
Yeah luck also plays a part but the more skilled and experienced you are, the more chance of being able to read the market and predict a favorable outcome. Day traders don't always make profit and some profits come unexpectedly because of lucky circumstances. |
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I like this post a lot. This will help many newbies to further explore the world of cryptocurrency. The chance of bouncing back to the high price is very high so these tips are still applicable to you guys.
I'm not going to add more because everything had been said already.
Well just the basic patience and know what you're getting yourself into, as well as not being onion skinned with the market movement and manipulation would sum it all up. This market is not for shaky people in the first place. |
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As I tnaays this is a bad year for the crypto market. So I think bitcoin will have the highest price of 15k. But I hope my predictions are wrong.
It was fine if it goes to $15k dolars because it will be still profitable, selling your coins today will just make you lose profit so try to invest even more while the market price is still dumping to earn more profit. Still just the middle of the year guys. Don't count out a big run just yet because the targets of beyond the current all time high can still be achieved in a month or two. Be a little positive and flexible with your expectations :p |
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There are many ways, and each one has its own way, but in the end, patience is still the key to your success. If you try and be determined to hold on, the price of a coin can rising again.
Crypto trading is an opportunity for us and we can make more profit here either in long term or short. We can spread our money everywhere here in the crypto market, Bitcoin is for long term and Altcoin are for short term. This is a good strategy and we should get much benefit here but you need to trade efficiently because little profits will make total of huge profit for you depending on your good decisions. Well i don't quite agree that bitcoin is fot long term and altcoins are for short term tradings. Ethereum, litecoin, cardano and a lot more can give you very good returns if you hold them and bitcoin can make you earn a couple of hundred dollars in the short term if you ride it's volatility. Depending the type of trader, one can earn a lot both for hodling and day trading. |
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Yes..i always buy when the price drop sharply and hold it for a time being until i can sell it 😊
THIS process of earning is gona make you rich sharply, you will be too rich and will have good amount of saving for you upcoming future as soon price of bitcoin is gonna rise higher, one should not think too much while spending money in bitcoin because bitcoin is full of profit but we need to trust and hold if after buying at falling price. A lot of people are saying this but i don't think everyone's doing it. There will always be something at the back of your head telling you that the value of the coin may continuously decline and not recover. So buying in bulk may risk you waiting for a long time before making profit. |
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If you are always worrying about the market prices then the best thing to do is just read different positive speculations in order to determine what will happen in the prices for the next few months.
It's kind of depressing when we are already down and we read more negative news so the best way to counter the tough times in crypto is to zoom out those charts and have a point of view for the long term because even if we are more than half down from the all time high, there are still people who believe in cryptocurrency and these are people who already made a name in the industry. You just need to watch and read the opinion of those positive people so that you can be inspired too and believe that this is just a temporary hiccup. Keep calm and trust that things will turn out to be on our favorable side at the course of time. It can be challenging yet if we get to remind ourselves of what our purpose is then it can lessen the disappointments and can make us decide wisely to take on new challenges. It's not going to be easy, but it's important to face the situation bravely, learn from it, grow from it, and serve it as a motivation to be stronger and be more determined. If you're having problems with the negative news that's surrounding btc, then avoid reading. Unsubscribe from social media pages and lessen the times you peek at your wallet. We can't do anything if the price is declining and it's hard to stay positive when you see your assets go down si better to disconnect from time to time |
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If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
You have a point because there are market's that cannot actually handle the growth of cryptocurrency and sometimes there are hacking issues as well due to their weak security so i prefer using ledger than. Yeah that's one thing we can learn from the mtgox debacle a few years ago though i quite ended up well for the investors because btc's value grew a lot while they're waiting for their case. But it could've gone the other way so just to be sure have all your hodlsin your personal wallet. |
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You will not feel the profit for that amount especially if you are a day trader and also if you are a hodler, you will just waste precious time on waiting for hard pump then earn small profit. 0.05BTC above is my suggested starting capital for trading so that you can use transaction fee efficiently and also you will have a good profit for every small percentage growth of your coin.
I think You're suggestion is good,but in first time trader I can suggest that invest enough funds that you can afford to loss.trading is too risky.so expect what you can't expect in trading.you can gain small profit in a small amount so be satisfied for that.this is my suggestion for you and other beginner's in trading world. First timers usually don't have that much capital yet. You have to test the waters and you don't do that mostly with large amounts. The longer you play in this market that's the time that your initial capital grows. Don't discourage beginners with small profit from small capital because they're bound to lose a lot as well while practicing |
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A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
I think we do not have much hope that bitcoin will be able to recover by the end of 2018, you can see that the bitcoin bubble is starting to break, the crypto market is slowly falling into crisis and bitcoin prices are constantly falling. strong. The decline in bitcoin prices caused the price of altcoin to fall sharply. So I think that at this point you should not invest long term in bitcoin, I think the bitcoin price will go to 1000 $ at the end of 2018. Well that trader that made a bet probably is feeling a little concerned right now lol. But it's just the middle of the year and bitcoin can grow a lot in a span of a month so who knows. And i think 50k is more likely than 1k dude. I don't agree with you at all about not investing for long term because that's where bitcoin and other alts' values will moon, not for short term |
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