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it's the hardest thing to control emotions when you lose and try to get back the money that has been lost, then you will lose more.
I have been in this position and it is very difficult to control it.
but maybe more experience can make us a better trader.
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I just follow and listen to the advice of people who say that. The rest I will decide for myself whether I suit it, or whether what he said is true. So you have to pay attention to that and don't just follow what they say.
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in my opinion the best time to buy now is when it's early 2024 or the end of this year but maybe some people have their own thoughts, this is just my prediction but other factors may also influence bitcoin price like world economy, fed rates and others.
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but i guess mostly of trader do that because they see what their want, like if the market go green that mean they will profit if they bu there and vice versa.
so i think that make many trader trap in that circle, maybe we are one of them but in the different case.
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maybe your expectation is like that but trust me is not easy like that, when you face with real market there will be nervous or something that will distract your mind.
because you never do that and let say you try it for the first time.
so yeah you will just lose money, unless if you want learn to trade and ready to lose your money to get experience.
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if bitcoin is really banned in your country then there is nothing you can do other than stop the activity, so what I see here is you are committing an offense if you keep doing it, and some are also threatening to jail you if you don't stop doing it.So i guess you have to do another thing for now.
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what is meant by lucky season is maybe when the bull season occurs, many people or mostly people will get profit because all coin will massive pump.
but that happen in every few years once, so that mean you must wait until that come.
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I'm also not sure if there are really people who have kept their bitcoins from 2011 and haven't sold them at all, if there are maybe the comparison is very far.
because people will find it difficult to hold back if they make a profit and will immediately sell it.
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even if you do daily trading it may not be in accordance with your predictions and estimates, so actually everything has a risk, how do we minimize that risk which is an important lesson from this.
but people will get smarter when they make mistake.
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easy to say but its really hard to applied,I understand emotions can't be used when trading because you won't be able to control them, but if we are proficient, I think making consistent profits every day is not difficult.
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the effectiveness of trading bots depends on a variety of factors, including the quality of the trading strategy, the accuracy of the algorithms used to execute trades, and the ability of the bot to adapt to changing market conditions. While some traders have reported success using trading bots, others have experienced losses and other issues.
and i really wondering if bot vs bot which one will lose and which one will win, or there will be no winner.
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However, it is possible that a drop in the price of bitcoin below $20k could have negatively impacted the profitability of crypto mining operations, particularly for those with high energy costs. This could have led to a decline in the number of new mining ventures being established, as well as a consolidation in the industry as smaller operations were forced to shut down due to the lower profitability.
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It's important to keep in mind that while rate hikes can cause short-term market turbulence, they can also signal a healthy and stable economy, which can ultimately benefit investors in the long term. Additionally, while there may be a lot of money in the markets, it's important to remember that there are always risks and uncertainties that can impact investment outcomes.
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If major crypto players like Coinbase, Circle, Paxos, and others are leaving the bank due to suspicious activities and unclean books, it could indicate serious problems with the bank's operations and management. This could lead to financial losses and even bankruptcy for the bank, which would be a significant event for the crypto sphere and the broader financial industry.
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i have some advice When it comes to spending money, it's essential to prioritize your needs over your wants and make conscious decisions about your spending. While it's okay to treat yourself occasionally, spending money on things that do not bring long-term value or satisfaction may not be the best use of your resources.
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I saw the market dump two weeks ago. I saw the $52k BTC price drop to $47k in no time. I was wondering, what's wrong? some sources say it is because of the issue of China banning crypto, which we have often heard about. if the bullrun continues, I think the red market is a big problem because the peak will occur at the end of the year and consider this problem as a springboard to fly high.
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ETH will hit the price of $5k, $6k or $7k? I have a prediction that ETH will reach $10k. I dare say that because I see the very rapid development of ETH. when ETH 2.0 was released the price skyrocketed and many people viewed ETH with a positive outlook. ETH seems to show its fangs and make the others fall behind. although the price is still far from BTC but ETH is far superior to other coins.
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As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin
lots of coins popping up with very good projects. but still SOLANA and ETH are the best for me. the two coins are showing great developments this year. ETH with 2.0 and SOLANA which have low fees and fast transactions. a lot of people say this year will be the year of ETH and I wouldn't believe it. my advice if you want to invest long term you should buy SOLANA, ETH, LUNA and BNB. This is just my advice and you should seek the best possible information before investing. |
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I'm sure Cardano is doing what's best for themselves. but I haven't seen any major changes happening to the ADA. either I missed the info or it doesn't exist. I see Cardano's price is stable with no big changes happening this year. i see ETH with its 2.0 and so mighty SOLANA this year. if the bullrun continues, it doesn't hurt to predict ADA will be $10 or maybe more. but I think ADA will only be at $5-8. just my prediction and everyone has their own prediction.
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