Well I guess America is the best example that you could become a billionaire starting as a shoe cleaner. Wealthiness comes from effort and a bit of luck.
I don't think so, because wealth comes from the individual himself how he gets it. of course if we want to be rich there must be intentions, keep trying and never give up, we certainly can achieve it.
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We have a lot of tis that given by successful trader, but it depends to the people if going to apply this while in trading or not. Most of them are not folowing successful trading and build on their owm and some of them are successful and other is not.
those who will succeed in trading are people who are patient and smart in finding opportunities. because patience is the most important way to get profit. and of course people who are unsuccessful are people who are careless and cannot be patient because they are not strong with the price of crypto down.
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What came into my mind first is stock when I think of currency. Because both of them are investment products and the value of both depends on the next buyer. But the risk of investing in cryptocurrency is much higher than stock investment.
indeed investing in crypto is more risky than investing in shares because crypto does not regulate it and is anonymous. so there is a lot of crime, fraud, and money laundering without us knowing the real identity of that person.
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yes, when we plunge into the crypto world, patience is what we must prioritize because with patience everything will go well and bring benefits to us. if we cannot be patient then it will make us lose because we are too hasty and do not think about the risks.
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What are you doing right now in this bear market? Do you think we are in a bear market or is it just a correction?
Of course I will hold on to it and wait for the overall market situation, whether you panic or look forward to it is not better than this market. yes it is a good and wise action. because by continuing to survive and wait for a big profit we will get when the price rises and the market stabilizes. don't panic because panic will only bring harm to ourselves.
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of course the price and market conditions are very difficult to predict and we will not know when the price will rise again. here can only wait and pray that everything can begin to recover slowly and experience development.
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every cryptocurrency has its own strength and weakness which may lead to its succeeding point. in short every currency has its goal to succeed in their design there is no best cryptocurrency to invest in because it has its own season to level up.
of course when we invest we must be good at choosing the best coins in the future and have good development. and certainly a lot of coins that have high prices and pretty much like bitcoin, eth, litecoin, doge, monero, eos and others.
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the mistake of a trader is panic, lack of trust, and not thinking before selling. whereas the problem is that it is difficult to get profit when the market is unstable and must take risks.
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In my own opinion Bitcoin doesnt need to be regulated by the government it just needs to be accepted by the government and they will be forced by the community in the future and theres nothing government can do when the public already speaks.
of course it needs to be arranged and accepting it is not as easy as you think. the government must be able to regulate it and control it to reduce the risk of fraud or crime.
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I sold 70% of my bitcoins and bought ethereum, I am sure that $ 500 price will be soon.
if you sell 70% bitcoin and to buy ethereum I think the profits are not large, but that is your choice and I cannot offend you to vote. of course if you want to reach that price you need a long process and waiting and I think this year I can't reach that price, maybe next year.
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sebenarnya perkembangan Bitcoin di indonesia saat ini dapat dirasakan pada beberapa aspec, misalnya semakin banyak lahirnya exchange yang identik dengan peningkatan yang terjadi pada jumlah traders dan investor yang semakin banyak,lahirnya beberapa Coin crypto asal indonesia seperti TEN dan Pundix, saya rasa masalahnya adalah belum dilegalisasi bitcoin di indonesia ikut membatasi perkembangan crypto ditanah air.
Menurut saya meskipun belum diakui sebagai mata uang untuk bertransaksi di Indonesia, tetapi bitcoin dapat tumbuh pesat di Indonesia. Bahkan bitcoin semakin mengalami peningkatan yang sangat signifikan. tentunya pertumbuhan itu disebabkan karena banyak sekali orang orang di Indonesia yang terjun dan berinvestasi di dunia cryptocurrency. semoga saja dengan terjadinya seperti ini pemerintah sadar dan melegalkan bitcoin karena bitcoin sangat bermanfaat bagi sesorang dan suatu negara.
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Investing bitcoin as a job creates more income because it is so volatile that if we just focus on it and when the risk comes we will lose.
yes, when we jump into the world of crypto, only the risks that make us lose. but the risk has become commonplace and we can reduce it if we are smart and wise in making a decision.
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currently many other coins that have prices based on the price of bitcoin are reasonable if the price of bitcoin goes up so the market will rise too, so it looks like bitcoin has become the basis of the market price
of course all prices are influenced by the king, bitcoin. bitcoin is the main coin in the cryptocurrency world so if bitcoin goes down everything can go down and vice versa.
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in short you wann say that if anyone wann make profit from market just do trade.. actually yes it is possible. i am agree with slow but not with sure no one know what will happen. your trick is just earn some amount from airdrop and bounty and than do trade but i don't think everyone can make profit with this strategy.
of course that can happen if we are good at looking for opportunities and continue to see the market. but that doesn't happen every day because the market is currently unstable. so we have to take a small profit from the price of buying our coins.
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Crypto market is increasingly being reported by many journalists as an unsafe and potentially unsafe market. That really is a sad thing. But I ignore everything, I will continue to hold on to my BTC until it raises back to $ 10k.
yes that is what makes crypto sad and why so many people drop crypto in this way. whereas crypto is very beneficial for one's life. at this time when the market conditions are unstable holding is a very wise choice because with us constantly memegnag then profits will come to us when the market is back to normal.
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Great question for all you cryptocurrency believers. What is going to drive the price of bitcoin up and all the altcoins? What exactly are we waiting for? Money doesnt just come out of thin air. What exactly is the catalyst? Again the question is, what exactly are we waiting for?
what are we really waiting for? as a trader I waited for prices to rise above the price of my purchase some time ago. yes it is a smart and wise trader, because it can get in an unstable market. of course if we want to make a profit that way. and if we want to make a big profit it would be nice to keep it up to stable prices and markets.
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Although different cryptocurrencies have got different natures, sadly the price of Altcoins always follows the trend of BTC and ETH. All we care after all is just the value of each coins. So we just cannot stop that comparison.
of course there are so many people who compare all the coins in the world of cryptocurrency because of the difference in price, technology and others in the coin. comparisons are common but we should not pit the sheep and baden a coin, all of them are the same and one crypto family.
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I can't tell you what to do, but I can say what I am doing right now. I will hold my crypto till the end, even if it will worth 0. Because I believe in it.
yes you are right, now the best choice is to hold our coins. the price will definitely rise but whether it's when we won't know. we just have to wait until the price rises because of our profit.
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I will always believe in Crypto even though the price is currently down. everything that happens with Crypto has become an ordinary thing in my year. no need to panic and keep believing that everything will rise and return to normal, but whether it is when and we just have to wait for it.
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