Great! This is what type of TIPS I am looking for. All tips that are written here are all significant , must remember and shall be carried at all times. Since i am just a beginner and not that well experienced as you, you have a great journey in crypto that it summarizes all your experiences into these tips. You were right, invest 40% in bitcoin because the market gives a crazy moves. I remembered that i lost a hugr amouny bec. Of insuffecient knowledge back then about the market movements.
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Most of the youtube uploader said that you will earn a big profit like 100 bitcoin. Yes, it is possible in bitmex but sacrificing and taking a risk by choosing 100x leverage is a big NO. Even you are an expert on bitmex trading, the market does a zigzag moves thus will just make your entry liquidate. Think wisely. Since you are just asking, i believe you are just a beginner and want to start trading using bitmex. 10x leverage is the safest leverage to choose rather than 25x, 50x and 100x.
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Sure thing is, the bull run is coming. That is why your investment strategy seems to work well for you,. Yes, we have different styles and strategies when talking about investing in cryptoccurency. But there is no problem if we consider yours and follow your way. I am focusing now on the market as i can see my investments are now profiting bec. Of the bull market.
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That's the proof that each individual has a different destiny based on how they manage their investments, earnings or profits. Thus, having a good management in money is also one thing to consider in this field to become successful. Not everyone has their luck investing in cryptocurrency, but if we are being optimistic in all views, there is no possible that we can achieve what we want.
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Try to take a little risk if you haven't tried trading yet. I mean, buy only coins that are popular but in just a few amount only that you think that amount you can afford to lose. Trading some altcoins in am exchange will give you enough profit. Just 10% pump and sell those immediately if you are a first timer. Well, thay is just my advice and it is beneficial if you learn something based on your own experience.
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It broke the resistance down to $5700k last two weeks. I believe there is still lower price than that. If given a chance and if bitcoin reached again at least $5k, no doubt i am gonna buy at least one bitcoin.
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Being a risk taker means you tend to accept the fact that you can afford to lose the money you have invested in. Though those steps are basics, these may help a lot of traders and investors to atleast take a look back these tips again to refresh their mindset and go back to the things they have to consider in cryptocurrency.
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It is natural for a beginner to experience losses. I mean, sometimes huge losses. But then, we all came as a beginner for margin trading in bitmex. Just spend time researching for the appropriate indicators as well as observe how the market moves. Also, when you are already about bitmex, it already helps you to be familiarize on how to integrate your knowledge on trading.
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We will consider this as a warning sign. Also, i will avoid that username in discord group. How sad, this guy is actually an expert to scam others using that trick in cryptocurrency. Anyhow, we can still prevent those if we tend to avoid pretentious nice and chill guy like him.
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That's what greedy turns out to be. The moment we want to sell our coins higher than our expectations, it will go the other way around. Seems imperfect but this is how cryptocurrency world plays. We have to dance it's movements.
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A lot of reasons why bitcoin's price is rising. If some good news have been exposed about bitcoin as cryptpcurrency, it somehow affect the price. Another is that, when a big name in business industry merged with bitcoin or somehow allow bitcoin on their prestigious company, the probability is high for the bitcoin's price to increase.
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Those investors who actually took the risk of buying unknown coins in a particular exchange is somewhat hoping that these coins will actually grow and give them some profits in return. But i know for a fact that smart investors and traders do not just buy coins. Thus, considering different facts or reasons before doing so.
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I agree with you. Especially now, calm should be a requirement of every one of us here to avoid wrong decisions when the bitcoin price was drop. Don't panic, that's normal situation in the market, all you have to do is wait for the rise of the bitcoin's price.
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They already shut their mouth seeing how the market continued to rise without great fallback. But then, expect those terms again when they are fear when it will go bear again. I can't believe those people who do not understand the "volatility" side of bitcoin.
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Easier said than done. I have also lost quite big amount in day trading. Setting aside emotions are not easy but consoling myself helps a lot. Though indicators seems happening what it shows, their are some instances that it will not go the way it used to be. Anyhow day trading is not a joke. Keep with you the beliefs that you can still get back what you lose to boost up your confidence.
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Different perspective in different person should be considered in this scenario. Honestly, i withdrawn my money on the bank, tried to invest in cryptocurrency. Luckily, i am doing great in this field. But i am still looking forward to atleast put some money back in the bank after reaching my profit desire.
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In my own opinion, bitcoin is the best for long term investment, because bitcoin is the most safety coin of all time. Have you observe the movements of bitcoin in the market? even when no one can defeat bitcoin in term of value, so for me bitcoin is the most effective for long term investment.
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There are tons of predictions from the other people. Some said it will just hit up to $8k only and then another huge bear moment will come. Your price speculation will also possible as we saw how history repeats itself in cryptocurrency. But then i believe it will not totally go up that far, thus, we will still experience some kind of ups and down.
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None of us here can say if it will reach that amount. What we know for sure is that it will raise btc's price, actually it is already rising as of now. However, we do not know when it will gonna happen to at least reach up to $10k but we can still rely, believe and trust the other's TA that it is possible that this month is the time for the bitcoin's value to go to the moon.
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Btctalk name: maxreish Rank: member Current post count: 197 BTC adddress:3MgNkFEzB7Ru2oyQP6yQhW7DCwfn3spqgP Wear appropriate signature: yes Wear avatar:no
Thank you Sir.
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