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Since I started in this community industry, this is the first time I experienced were bear market has been running for 1 year almost.
Perhaps this will take more months or it could be til December 2019 before Bull happen in my assessment only.
But still the market is unpredictable. And one thing for sure I know the rising of bull will be happen again.
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After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:
+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
In your thinking, you are loss literally but the truth is not. You know why? It is because that as long as your not selling your holding coin whether crypto or bitcoin you can still had a chance to recover your loss even it downs to more than 50%. Just be patience on waiting okay. Because, once you sell it below the price you purchased you will will really loss it. |
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I think now what I'm seeing here is that crypto will grow rapidly throughout the world, we just need to wait for the future but, I'm sure this world will be more modern and everything will use digital as possible, including crypto, today many of we use this currency to make investments and transactions by getting lots of profits.
Crypto so far was still down in the market most of it. Though, all crypto's had their own good and bad effect to anyone. Why? Once you get in touch with the exchange platform we know that as a trader buy and sell is the only thing we can do for it in taking action while we are in the actual trade. Its an advantage if the coin we are holding or coin we bought has a potential to increase in the future. Just like what happen now there are some crypto became successful and was being used for payment on different merchants example of this coin was Loyalcoin, you can used it as payment for Mcdonald fast food chain, Petron, Hotel even in some of the airline company. |
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This year I didn't get that much profits only thing I did was holding my investments , I hope all my patience will pay off next year and there will be bull market and I make more profits  many investors are in same hope only ?? I would like to know what you guys think about next year, The year 2018 was really a difficult things to earn crypto for a trader like me. As I encountered a lot of ico project campaign most of it ended up into scam, where they never return the capital of their investors and didn't give the bounty allocation budget for the participants too. But still lot of community believed that bear market will come to an end and bull run will be next to happen, but the saddest thing was 2019 already entered and yet bull is not yet also happening. So for what we are going to do is still be a bullish while bear is on progress running. |
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Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
I believed in the near future crypto will be legalized but as a legal job I don't think so. Because so far we all know that there are lot of bounty hunters are looking for the legit or good ico campaign. But at the present time now its really hard to find a good campaign because there are lot of campaign were most of them in the end they never give any payment. Even sometimes the campaign ended up with a successful result it seems that its hard for them to give payment to all their bounty participants and yet they've collected millions of dollars. |
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There are just couple of question I need some answering from people with enough experience in crypto.
Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?
Thanks for sharing your thoughts!
If you are determine to get profit in trading, you must also know the right move in it. Observe how traders in the platform taking action when the graph is moving. Then, once you find out what it is you cans set it in the price which you think will happen. But if your not sure better to hold em in a long term.. |
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This year I didn't get that much profits only thing I did was holding my investments , I hope all my patience will pay off next year and there will be bull market and I make more profits many investors are in same hope only ?? I would like to know what you guys think about next year, Bull run is the most awaited things for the bullish, but sad to know that until now bear is not happening yet, even there's a lot of community who predicted it were before end of 2018 Bull run will be done. Just for me it can be at any moment, so the important for now is let us remain patience of holding our coins and besides there is no other way to happen but to get higher again in the future. |
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I will start investing in ICOs if
1) they can afford funds on there own to run there projects and stop relying on softcaps and hardcaps(investors money) which is why its the perfect haven for scammers ,you want to create a project that is very promising and you don't have the funds just move on ,no matter how good the project is if the hardcap is not achieved its goodbye
2)the waiting game is annoying ,if they follow my 1st idea there won't be anything holding them back especially bounty rewards ,nowadays you have to wait months for ICO to end and keep praying it become successful so as to get your rewards and the term successful from any ICO is from 'achievement of hardcaps ' this days not what the project is here to deliver ,there are still good projects out there that never launch ICO and they are doing better
ICO in this business can give an opportunity and can also give us a lesson if we choose a wrong project. So I there for conclude, since that we are experiencing bear market were most of the ico project also are turn scam in the end of the project, we need to be careful in choosing ico project. But my suggestion or tips instead of investing in the ico, I think it is much better to buy coins in the exchange that are belongs to top 10 altcoins, at least there's a high chances you can get a big profit in the end. |
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I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.
May we know what ICO project is that mate, you didn't mention the name. It very seldom for the project to hit that target 50M$ if ever there is its only few of them. We can only say that is scam if they never give any updates about their project and they abandon it. |
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According To expect they always say blockchain can never be hacked and your information can never be stolen .. But day in day out Hacker are hacking crypto exchanges to steal people asset , ETH Suspended hard Fork because of security reason . HitBTC and Cryptopia are understand maintenance because of hacker . Are they Using block-chain technology to deceive Us ?...
Yes why not. Blockchain for me is the one really to solve the corruption in all countries in the entire world. If they just only know what is the benefits of Blockchain, for sure majority of the country would become prosperous in the near future. And I do agreed that it can't be hack by the hackers easily, instead it will be hard for them to steal it. |
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Too fast and short XRP reclaims its position from Ethereum. I am still hesitant to invest now, the market is still not good. More often red and no significant changes. How do you respond to this? Will you still survive to buy several altcoins? Thank you in advance.
I still bet on Ethereum, I will never choose XRP. Because it is really obviously controlled by their manipulator investors in the market. Unlike in Ethereum, aside form its usages was extremely unique and many tried to copy the features of Eth but still its for them to do it. Then, even the market was in red, you can still able to make profit while we are on bear market. |
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I think most of the people who joint the crypto community do it to make some money, so speculations in different coins are huge. But the average crypto owner with a few thousand dollars worth of crypto can't move the market. I think there are heavy manipulators in the crypto markets of small handful of whales.
Actually, all of us here are free to speculate whatever we want it to say. We can able to see a lot of them some are good and bad, now its up to us if we are going to adopt it or not. At least we had our own free also to choose on which of their speculation is good for us and have a real essence of words about in crypto. Though, most of the whalers are a real Manipulators. |
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Hello there right now i have got approx 20,000USD with me and i want to invest them...i am looking for an investement where i can earn about 3-5% per month and my 20k USD stay safe as well....Can mining provide me that return...please suggest me some options
First of all, Mining is not really profitable at the moment. And in fairness you got a huge amount of capital, and one more thing 3-5% per month is not achievable for the novice, it is really not realistic actually. But since that you are here, you can still do trade in the market but begin with small investment don't shoot all of your capital so it may not burn in the end of loss of the coins you are going to invest in. And you need a lot of things to know here very much before proceeding in big investment here pal. |
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[quote How you explain to us about "fair to traders"? Will you share a number of data or information about your activities or profits to traders? I don't really understand with this. It is too short explanation..
Hi there! Fair to our traiders because our platform have: - Smart Contract for distribution - Clear quotes: the widget on our platform show the % dominance to our schedule - Platform do not hold ETH. Traders must use Metamask. - Platform get profit from volume, not from lost deposits and we want that traders gonna trade more and more. If you trade in classical binary options - you know what i mean)
Well, it's interesting. Since many platforms require KYC for their clients, but you don't do the same way. I think you have done a research and find out that many people disagree with KYC.
KYC/AML is not a principle of cryptocurrency... we don't like it either Thanks for your message! [/quote] Therefore, why did you tackled this things here? are you promoting your trading platform here in this community? Also in my knowledge here in the forum especially in trading they're not using any classical binary options, If I am not mistaken and correct me if I am wrong with these thoughts of mind. |
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article originally form FMZ.COM
There is a famous saying on Wall Street: mediocre traders trade with skills, while top traders trade with faith. This fully shows that the difference between a mediocre trader and a trading master is not about skill but faith.
Many people have a profitable trading system that cannot be executed, probably because they suspect the system and have no firm faith in their trading system. Therefore, there is a well-known motto in the futures world: we must not only have a trading system, but also a system of faith.
People often attribute successful traders to their intelligence and hard work. However, this is far from enough. For investors, the key factor controlling the success or failure of a transaction is faith. The size of self-confidence determines the size of a person's achievement.
It is said that as long as Napoleon is on the court, the combat effectiveness of the soldiers can be doubled. Most of the combat effectiveness of an army depends on the confidence of the general. The confidence of the general before the war can greatly enhance the courage and combat effectiveness of the army. If he reveals doubts and falter, the whole army must fall into chaos and panic.
Human spirit and ability, like the military, depends on the support of their will and belief. People with strong faith can achieve magical careers even with the simplest trading systems. Doubtful and timid people achieve nothing. The size of a person's achievement usually does not exceed the size of his self-confidence. The prerequisite for success is self-confidence.
So, how do we form a firm faith in our trading system in the transaction? The answer is simple: familiarize yourself with the system, understand and integrate the system. The technical stuff must be integrated with his convinced trading philosophy to have its inner roots in thought, and such skill can be ingrained.
Technology is actually an idea. Only when you fully understand and believe in the system will you use it without any obstacles. The skills that can be described as hearsay will inevitably lack internal strength, just like the duckweed in the water. Once the wind and rain hit, it will fall and swing.
The process by which traders tend to trade perfectly is a process of moving closer to themselves. It is a process in which an external system and an inner self are constantly integrated, moving toward unity.
At the beginning of the transaction, we are operating other people's systems and other people's strategies. Therefore, once we encounter difficulties, we will have doubts about the system and cause the investment to fail. After that, we began self-examination on ourselves from failure, and gradually found our own trading methods and trading philosophy in the transaction.
Gradually turn "others’ methods" into our own. Only at this time, you have completely integrated the system with yourself, and began to establish your own trading faith and trading internal power. Only when you operate completely with trading system that is gained by your own practice and sensibility, can you be confident and achieve inevitable success constantly.
Constant repetitive operations and constant understanding can quickly turn other people's trading systems into your own trading systems. When you start trading, because of the differences between you and others, there are often some stagnation and dullness in operating other people's systems. As the number of transactions increases, you will gradually understand the principles and trading philosophy of the trading system, and gradually integrate into your own thinking, forming new ideas and faith on your own mind. A perfect transaction is definitely your trade with system that you understand and agree with.
In the whole transaction, if you start the operation without understanding the actual meaning of each step of a trading system and how the whole system is profitable, if you understand the whole system only from the current transactions’ profits and losses, not based on the system's profitability principle and market philosophy, such transaction will inevitably lead to losses and failures.
This is why I disapprove of blindly operating a system that is hearsay. As stated in The Ghost of Wall Street: There are still people who want to lead a successful path of stable profits by learning the trading methods and trading strategies introduced in a book. This is a big joke, "Turtle Trading system” has been published for nearly 20 years, but how many people in the actual transaction can be profitable with this excellent system? Skills can be learned from books, but the internal power related to skill needs to be taught.
All wealth comes from a clear and correct understanding of a thing. Correctly strengthening and cultivating your own trading in the investment market is the only way to successful trading. The rule of success is to have deep trading internal power and strict trading discipline.
Only if you firmly believe in the system, can you succeed. This is an irrefutable truth. In final, I need to tell you something to end this article: if you can't strictly follow the discipline, you may make 10,000 kinds of mistakes; but if you can strictly abide by discipline, you won’t make any mistake.
article originally form FMZ.COM
Basically in my own personal knowledge about this things, is that trading was the heart of this business. I believed without this concepts the existence of bitcoin and crypto will not survive for 1 decade. But because of the investors and the community who supported and believed in it, it became more stronger as time goes by. Therefore, I believed that trading is the final gateway for us to get our real profit in here nothing else, and I am sure about it. |
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when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
We do nothing if some traders always got panic when the market is down, the important was were not the one who is not stopping in doing trade in the market mate. And besides, even we faced a long period of time in bearish season we can still survive in it due to all coins out there are volatile. |
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Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist  I admired what you are doing in studying about here, just continue what you had started and explore more, read most often here in the forum, then watch in you tube also about in bitcoin, trading and others too. Aside from that, you can also join in any bounty campaign here too while your in stage of learning. |
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As we experienced for the past few months, crypto market price is still declined and maintain its position.
For me, i really believed that somehow their are big people or personalities behind it,who controlling the crypto market, it's a some sort of strategy for them to be able to gain huge profit.
Even though the situation of the market was still not improve in terms of their price value, I could say that the ico project is much more better compare to last year 2018, but we shouldn't comfortable we still need to be careful in choosing ico project of course. There are also lot of community expected that by month of December 2018 bull run will resume, but sad to say its happen too. But let us still be patience for the bull run.. |
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