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Young minds are so aggressive when it comes gambling decision which is not really good. With the age of 30 and above will likely have the responsibility, a job, and already have an advance decision making which is suitable for this field. But, this doesn't mean that below 30 is not welcome, yes they are as long as they can provide their need and by asking money from their parents or the worse they commit illegalities just to funds their needs.
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Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=819696
Current amount of posts (Including this one):1732
EARNED merit in the last 120 days:1(just trying)
SegWit BTC Address:bc1qlhjgge5saww0fwucu6q09echn3uk7xxh0unktp
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ETH crash can certainly be expected any time soon, yet it was about to start. But wait, it is just a market correction and it pumps back again.
I don't think that altcoins will dump first than Bitcoin but somehow, it was shown that BTC price is dropping and this to expect that altcoins (including ETH) will follow the path of Bitcoin. But this is not the time we have to be panic and do the sell-off, we stay calm and if we can manage to hold it for a while then much better.
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Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=819696
Current amount of posts (Including this one):1731
EARNED merit in the last 120 days:1
SegWit BTC Address:bc1qlhjgge5saww0fwucu6q09echn3uk7xxh0unktp
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So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I sell half BTC and buy back in after alt season is finished?
What do you think?
Have been satisfied enough with the profit you get or you wanted more? Obviously, you are the one who could decide that but I have to say something to you that sometimes greediness gives a negative result and that might leads you to miss the chance. Selling Bitcoin for altcoins isn't really a good idea but if you just choose altcoins that could give assurance for a profit, well, that might be put into consideration. |
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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=819696Current amount of posts (including this one): 17201730Amount of EARNED merit in the last 120 days: 6 7 BTC Address: bc1qlhjgge5saww0fwucu6q09echn3uk7xxh0unktp will change signature and avatar once accepted.Re-applying... Hoping to have a chance. |
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It's never bad. Gambling is a business, it's just like an entertainment where people spend and hope for a chance to win.
If promoters are allowed to promote cigars or liquor which is bad for our health why would they prevent gambling from getting promoted?
There's no sense on this honestly, people have different interest in life, they can do whatever they want as long as it's not illegal.
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Defi project can win over just the only one Bitcoin in crypto in numbers, not because of its potentiality and profit gains. Because the honest thing is that, among these numbers, only a few of them got an impressive value while the majority of them are gone quiet and worthless.
The truth is that there is no other coin grateful than Bitcoin.
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That kind of attitude looks too greedy to me. what if the price dump after you sold, then you'll feel so happy that you did the right thing.
Just be happy you sold it at that price, question is, did you make profit? if the answer is yet then be thankful, no one knows what the price tomorrow or in the future, so if you see some opportunity to sell do it without regret that you might have made bigger than what you have made when you sold.
You've got the point mate. We don't need to complain because we sell our Bitcoin yesterday and by today, it grows high. We got sometimes overacted because we fail to predict the right time to sell. Disappointments come next to a wrong decision but we also have to think if we are already having the benefit or not. I believe that OP is profiting, he got mad because the price moves high after he sold his Bitcoin. if we only know that Bitcoin goes like this, it for sure nobody is selling last year or even in the past days. |
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Depending on the original purpose of buying Bitcoin for short-term or long-term, if indeed from the beginning we bought Bitcoin for long-term
investment, of course choosing HODL until the next few years according to the desired target is achieved. However, if you buy Bitcoin just to get
a profit, I recommend selling your Bitcoin immediately if it has managed to go up. Even though the profit you get is small, it doesn't matter,
because you will buy Bitcoin again and sell it again when the price goes up again. You can do that every day, because Bitcoin price is volatile.
That also a thing to consider but for me, I'm doing both, and I look at the market movement. Selling- it matters when we certainly in need of money( but try to separate money for trading and for personal use) Holding- it matters on the market situation (mostly it happens when the market is in the bearish season) Our goal is to earn more, become profitable. Selling at a good price, holding waiting for a better price. |
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Your decision to trade BTC and ETH seems good actually but you need to study first the current market trend before buying, the same as you do on altcoins. We don't need to rush because we saw people are making good money from trading, it is important for us to be more prepared and enough for us to sustain, not to panic when the market suddenly fall.
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It is the rule of supply and demand, when the demand goes up the price will go up also when the demand is down price will go down also.
Not only that. There are so many factors affecting the price movemnents of bitcoin. One of those are the FUDS circulations, whales manipulation, big exchanges movements and trading volumes. Those ups and downs movements make sense because it gives us the reason and opportunity to make meaningful decisions. In fact, we are so thankful that we have this kind of volatility in which it gives us a chance to buy at low and sell at high. If that OP is questioning why it happens? It has been a part of crypto development and market demand. And it becomes more volatile as many traders and investors joining crypto. That FUDs is a huge factor affecting the trend, market manipulation right nows seems not visible. |
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The more it listed to different exchanges, the more it becomes popular but one thing I notice is that the more it fell down $0.01 buying and selling. Anyway, that is too early to think that sooner or later, it drops more. We don't know their plan as well and how to keep the price turn back to $0.03 or at least $0.02. I'm worried that when BKEX exchanger is open for the deposit, the more chances it declines.
Maybe I have to hold my AME coins for now.
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I found a project , they are building a Secure platform for Consumers & Merchants ? [platform to buy and sell via Crypto ] and they have clear whitepaper and a intro video about their project , I have seen same kind of project like this before and their ico/pre-sales were successfully completed , what do you think ? Why do we need to invest for these kind of projects? Links - https://whitepigeon.network/ I don't think so. That it needs more market stability before we could say that this project is successful. I don't know if you are aware how many new projects had failed after their selling period and of course, I can't ignore any possibility that it will happen to this project. At this time, the wisest thing to do is to invest only for known and already been proven successful projects, not like this. |
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If you have a traditional business already, you don't need to stop it. Crypto investment is risky and if you mismanage this you will surely lose. But the good thing about Bitcoin investment is that you don't need to spend more time compared to traditional business which is also be considered an additional investment.
If you are having them both and you are enjoying it, make it continue. Bitcoin is really profitable if you are buying at a cheap price.
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Most of people aren't looking for long term by hodl their coins. They are just want to trade coins in very short time to earn some profit, or even picked pump and dump coins. Just few of them who keep buying and hodl until few years before sell it on market.
And there is. Most people came to the crypto market due to the surge in Bitcoin activity back in 2017. It is obvious that all of them, or those who have remained at the moment, are eager to earn money. Indeed, in 2017, they all failed, precisely for the reason that they were streaming to quick profits without understanding the issue. Now history repeats itself, but the market provides both short-term and long-term opportunities. They lose because they jump into the boat not knowing where it goes and what he doing out there. They come into crypto without the basic knowledge about this will lead them to tragic losses. Many had come because they heard it from the news about quick return, easy money, getting rich and etc...All of these things are a trap for a greedy individual, of course, that is impossible if we never work on our investment and if we don't have such patience. |
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I`m a conservative investor, so I`m very afraid to buy any altcoins today, because market can go down any time, so I don`t want to risk. Nonetheless, I`m still holding most of my assets, which were bought before the market growth and I believe new ATH still can be reached
So what you are doing now? Just keep holding those hopeless coins? OP didn't make the right decision of buying altcoins during the hypes but he believes that buying those profitable coins will give him a good return either. He's taking more risk than you but I think, he might get more profit than keeping holding altcoins that never have a chance to grow. |
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I khow many countries government are not allow bitcoin.nowadays bitcoin became very popular and country can move forward as a result of using cryptocurrency.
So, I think now the government should take a good step.What do you think about it?
They don't make any benefits from Bitcoin that is why they wanted to stop the growth of Bitcoin. In fact, they have been talked about controlling Bitcoin and make this a centralized currency and the good thing is that they fail because there is no support given from crypto holders. But maybe we are so lucky that it is not banned in our country, people can freely use it to spend buying stuff and any online payments. |
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snip...
It depends on what I am investing with, in futures trading I grow my money from 30$ to 150$, I just follow the trend and make things possible even though the market is having a dip sometimes still in futures I am having a gain because of the pair that I am currently playing with, in terms of spot, I'm still waiting for the right time to sell my bitcoin in USDT pair so that I don't be hurt so much because of the high fees these days. Can't imagine, if you have a $1000 capital, multiplied by 5 times, it is a big money already. More capital, more gain but possibly, it is more money to lose if you can't make it right. But as long as you are buying Bitcoin at a cheap price, making money from it will be easy for you. Anyway, not all have that guts as usually, starters will use small amounts just to test the market and so themselves. |
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