We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Yes it's better to trust in our experience and don't panic.As you go on there's something in moving forward that is waiting for us to increase in knowledge and blessings. While if you are in panic it might lost all what you have and becoming stressful. Well in general yeah that's a good way to look at it. For newbies, don't be afraid to make mistakes and lose. That's why it's important that you only put in money you can afford to let go especially if you're starting since this will add up to your experiences that'll be so much more valuable in the future |
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In a current BTC price in the market,if i buy BTC now,is there a chance to double or even triple my investment?
of course its possible but the question is how long are you prefer to wait to get that profit? We dont know if this will happen this year or next year but its possible. It depends of you can afford or you're willing to wait out for probably a year. Personally, i think btc will be worth way more than it is today, probably breaking the 30k barrier in the future. That's alreadyore than triple if you invest now |
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I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?
ust hold it. you cannot do anything about the market. you should to have your target price and do not cut loss. hold when the market dumps so hard, and don't panic because it will be back to normal. usd/usdt has the power to tend to be stable when the cryptocurrency fluctuates down, you are right, all we have to do is wait, but there are some coins that do not follow the red line, there are always coins that have a positive increase compared to other coins, yesterday we can look at helbiz coin and so on. Well for most, these coins that tend to go against the flow are what some would consider shitcoins and would be extremely volatile. You could get stuck trading with them and make things a bit worse. I'd prefer to just relax and veer away from the market while my my holdings stay still. It's hard to make a move when it's like this |
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Well obviously not many of here trust bots to make our trades for us and that goes as for me as well. I'd probably consider if i were dealing with minimal amounts only since i prefer hodling in general. Having personal experiences, learning for yourself, and figuring out your own techniques is still a lot better than depending on a bot
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I'm leaving adivces from other experts about a year ago, that was bad experience for me and my money. My skill don't increased by that, and sometimes I've got loss on that
A blind follow will always embrace you with a lose. Do not follow any advice blindly as you maybe caught in a scam advice. I am also investing after getting any signal but I am not a blind follower as whenever I get any signal I start to search about the coin and project for which I get the signal and I spend time to see that why the adviser gave me the signal and what a good point is going to happen in the market with which I will have to invest. That is a point which you have to do for investing in any coin/asset. the key is do not use their suggestions outright or do not be blind to their advice, I myself don't really follow the advice from other traders, because maybe they give a scam advice or advice that benefits for them alone, I'm more confident in my ability/skills than follow suggestions that are unclear Well you have to consider that most of these people aren't doing it for charity. There must be something in it for them right? Probably to pump a coin or something who knows. Better to take them in and analyze where they're coming from to arrive at that end decision. I agree that blindly following these predictions would more.often than not leave you in a loss or you'd have to hold for a very long time |
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Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment
Yes. this is a good opportunity that we run, because now the bitcoin price is also not too expensive. so we are still lucky to invest now. because future bitcoin prices will be higher than current prices. Don't go all in though. It may surge or it may dip lower. Buy in patches. Try to test the waters. If it goes down, then buy some more. If it goes up a little, buy again until we get off this bear market. This first half of 2018 has been a good season to stock up on btc |
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Professional traders also trade and loss despite being an expert because market is no respecter of anybody however with a proper money management and a working strategy the losses will be recovered based on trading with a risk to reward ratio of 1:3 and trading with an amount you can afford to lose.
Right. If anyone tells you ypu can trade without having losses, then that someone's probably worse than an unexperienced trader. Nothing's safe in this market and losing is something you should even be thankful for because that will boost your knowledge and experience a lot more than making profit. |
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Most users and investors in cryptocurrency world always prepare in a long term trading this is to ensure that the capital invested will turn into a bigger profit once the market is essentially peeks its highest value over the starting price.
i think people do long-term trading because they do not have time to trade, or they dont want to bother looking at a fluctuating chart. so long-term trading i think most friendly because we can do other work And if you have a big amount invested in a certain asset, i think it's a lot more advisable to go for the long term. The risk increases if you're pressured to hit a target in a shorter time period. Especially if you're not that skilled or experienced yet in trading. |
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No, I do not believe 2018 Bitcoin will be the last time under $10000. Bitcoin demand is increasing day by day. I think, Bitcoin will again be $20000 by the end of this year.
You have a good expectation about bitcoin price could surge this year. Actually once bitcoin demand is increasing price will also increase. I think this mid year onwards there would be a good news may happen in bitcoin nothing is certain but I am positive price will regain to high. You're probably right but i not going to expect june or july to be the turning point. We're almost halfway through this year and that 10k resistance seem to be a really tough nut to crack and it would likely take us a bit more time before we can barge through it. In general though it's still a positive movement for me towards the last quarter |
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Steph Curry have three options there prior to Draymond Green's turnover during the dying seconds:
- Use his usual style, makes a three while time is running out even infront of multiple defenders.
- Pass the ball to Kevin Durant (at his side...literal side..far away side...lol)
- Direct pass to Klay Thompson for a clean look and uncontested shot at the side (there's a defender but Klay will managed to catch and shoot)
My thoughts: Why he passed it to Draymond? Because Draymond will passed it back to Steph "or" will passed it to Klay Thompson for an open three. If Green able to catch the ball, 3 defenders will divert their defense to him a) making Steph a room or b) if Kevin Durant will managed to get on a clean spot and c) another option is Klay Thompson who I said having a clean look. Then mistake happened....
I noticed that Kevin Durant looks like pressured during the last minutes. Can you see him asking for a ball? Prior to turning point he didn't even run and run and run so that Steph have an another option. He's like dodging it to avoid the play.
Nice win by the Rockets, that's it. What a clutch three by Gordon. As usual the game is rigged again according to some watchers.....
Wel it's over and done and that wasn't the only chance gsw botched in the closing seconds. Safe to say that houston looked like they wanted that game more than the warriors. Hope nothing's serious with cp3 though since i'd very much love to see the rockets and the celtics in the last dance. |
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i guess speculation affect the price of btc because most of the people do not have the concept clear about the cryptocurrency yet. after hearing any kind of speculation there people starts to panic and take wrong decision. there are on other ways rather then having clear knowledge.
Well one of the major factors dictating the market movement is speculations. Fuds, fomos, these are driven by specularions picked up by more and more people hence the bulk in puchases and sell offs. It largely affects bitcoin value both negatively and positively |
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Yes, Bitcoin is going down actually, so it's bearish. I hope it doesn't last long.
I also hope it will start recover from 7500$ zone Well i think there's a middle ground to it since there will be times when the price will be fluctuating a little less around a certain price. Like when it was up AND down around 8.5k. It's neither bullish nor bearish. And bulls or bears doesn't really take hold of the market for a very long time. |
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Yes but it is not as simple as what happened last 2017 because the crashed of btc nowadays from $20k created a bad image to the potential investors to not to make their full trust on btc. And while it is at the lower price still many crypto lover that want to buy btc will choose to buy and hold it and this will surely balance the situation of btc.
Yup. If anything, that 20k outburst did more harm than good probably for more people. And it made the following correction seem as if bitcoin has no more room for growth where in fact, right now we're just following the normal market fluctuations. A rise is inevitable but the expectations shouldn't be too high. |
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Some good Advice for short term trader.It is easy to get 5-10% Profit in btc trading, because the fluctuation between 100- 500$ every day.
If you are greedy,you will lose some coins.When you find some crash in a market, use that valuable time to get huge bitcoin with less dollars.
Traders doing with short term is not so profitable and if look into situations and caste better opportunities with making the trading a little bit for long term will result in profit. On the other hand an experience less person will get nothing or a very less product and sometimes faces loss. In order to avoid such errors trading with a good quality coin and the right decisions will make you safe. Definitely, by the term itself short means only enough profit we can actually get from what we invested. Well, what is good in short term is that its so much challenging because we face different problems like sudden movement of the crypto. The perfect idea is to really have a better plan in every action that we make to avoid big errors. Definitely, short term traders will get very less profit and sometimes will result in loss if the selling process made without monitoring the market while the market value is low. Short term trading is not so important if you are involving and have involved in trading then you must follow the guiding principles and to go for a little long term in order to give time to the market to recover its value and make you able to get profit. Well most on the list should already be common sense for daytraders though i doubt that everyone of them would be following it by heart. It can get quite difficult especially in this state of the market to go day trading and chances of losses are.probably higher than chances of profit. And for me i don't think a 5-10% profit would be well worth the risk |
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Is it possible that one day people understand that no one can predict the market?
I mean... history talks by itself, it's always different!
It is. And history is also full.of people's predictions that often only causes dismay. TAs sometimes help in getting an idea of where he market will go but not the exact path it will take. Like now, we haven't even broken the 10k resistance level and by looking at the.current status and movement, it will likely take time before we try again. |
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They say people want it to buy a lot more for a much cheaper price and I believe that this people are just trying to stay positive even if it crashes. I don't want it go cheaper and the $6k is enough so I wish we go up again and hopefully get just even the $30k in December. Well people always does the opposite. Back in december when btc was making a run, people wanted to have a chance at getting in to they hoped for a correction. When that drop happened, i don't think all of those people actually bought in. Most did the exact opposite and panic sold lol. They say that they wanted to buy cheap but instead they sold cheap which is quite funny lol |
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I hope Im the one of who are become millionaire but I did not know bitcoin when the price is $50 only or $100 I only see bitcoin when the price is 300-$500 I think and that's few years ago. I hope it will become verg high again the price.
Well i don't think that's even a question since basing on bitcoin's trajectory since 2010, we're moving the right direction. 400$ is too much to ask for those who want to buy in at a lower price. Bitcoin's becoming more and more known around the world and for me, that fact in itself is enough to secure bitcoin's future. It's going to take more than a few btc millionnaires to drag bitcoin's value that low |
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Warren Buffett is always opposed to Bitcoin and he emphasized that digital money does not bring anything beyond speculation. Even, the legendary investor warned that a "bad ending" would come with Bitcoin and other types of money. I think this is a subjective assessment of his opinion and he should pay more attention to his speech.
Well i don't think buffet's statement caused btc to go below 9k towards this level. I mean, the guy has made several statement's against crypto before so i think people don't really take him that seriously anymore same as jamie dimon and roger ver. |
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every time I see market developments and bitcoin never passes 10K.
i just want to know your opinion about bitcoin price today, is this normal? and how long bitcoin will survive under 10k? until june? till July?
I am bored with the rigid bitcoin price
Share your analysis here!
If your tired seeing bitcoin in the price under 10k your so impatient. You know that is normal to the market sometimes market need to be down then it will rise up again like a rocket. Just be patience and believe that bitcoin will not forever in down price. Lol. It's not even a question if survival. Bitcoin's had longer time breaking resistances in the past. If you're bored with such a minimal issue as bitcoin breaking the 10k point, better deal with other alts. We probably will be stuck under 10k in a couple of months more. |
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BitCoin is not ready to touch the moon. because it still travels at 8k levels. we need our minimum 15k levels. If we go that way, 2018 will be a bad year. and we do it.
It is not ready to touch the moon because it is obvious price right now is very volatile. It also drops so it is hard to tell when is the time for bitcoin to moon. Once it reached over $10k a possibility bitcoin could grow this year. Lol. Obviously everyone's not in the mood to talk about the moon yet for bitcoin since in general, 2018 hasn't been very positive. But eventually we'll all get there. Probably by the last quarter of this year bitcoin will show signs of real life same as last year. Until then, expect a lot of sulking and waiting from holders and traders :p |
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