There is nothing you can do about it maybe the one in power to do that change his or her mind and sold all his or her money before it losses a lot more while it is in the market. The aggression of FOMO is slowly reduced by the time Bitcoin change its pace not only reducing its price as well as the investors that are interested in it began to fear it.
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Any suggestion for things that we could invest and make money at the same time
I'm sure if I'm right but the thing that you are asking for isn't as simple as it sound like finding a good investment for you money that thing is rare. Things that you could invest in and potentially make money out of it at the same time you say might be investing in BTC while it is not harbouring a huge price, but in the future it will manage somehow just like in the past I think.
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No definitely not. Why? Even Bitcoin loses almost all of it's price there is still some users who lost their private keys and accounts and such leaving the BITCOIN unused and leaving a permanent price that could only fetch for a price. Also crypto don't die unless no one mines it. Well even if Bitcoin does fall for a low price we can still rise it up in some other time.
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In my honest opinion I am already hoarding a lot of my earned money from my usual work and saving it for later when the market start it's charades. It may seem shady but only those who wants to risk it has their own freedom of doing it. It may also seem stupid but I am waiting for that jump to happen.
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hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
If you appreciate the anonymity of your identity like some other traders also I think the best exchange there is that doesn't require KYC verification would be Binance for some but for me it is regardless for it's design I think it would be more suited for beginners but if you are are bulky buyer I think you would need to have a verification just in case of security measures for some exchange to reduce the risk of fraud.
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Even if your patience is a good one and your management skills is on par on experts. I think you would make it big but it requires a substantial amount of money to execute all this plan of making it big. Patience is a virtue don't anything else but if you rely too much on patience you will have a lesser amount of chance to succeed.
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That's a good start keep holding that and add more in the future. You can search it on the internet like the above says you have a good chance making it easy if you searched it through the internet on the top altcoin or token. Since newbies lacks the knowledge to apprehend such analysis we have to rely on top listings but even though some lack that we have to speculate a particular that is your liking and invest after it has good results.
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Sometimes even watching a guy trade his money with whatsoever there is won't help you. Experiencing it first hand a big step for beginners. A tip that I can actually use in my trades are looking at the price of popular coins frequently and having a backup money incase the coin that you have been speculating shows some promise and invest as soon as possible. And last but not least do not force a trade that you are hesitating into.
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I started with faucets, there was a time that I was actually earning on faucets. I didn't think that it would lead me to where I am now, well nothing significant though I still earn from this very moment by hanging onto my preloved coins haha, my experiences on trading was not good so far and I'm sure you know that recently or for almost a year or so BITCOINS price seems to get lower and lower, the state of bitcoin is in is unexpectedly scary especially if you don't know what you are doing, I advice you to learn some trading techniques in the web since they have tons of it waiting to be read.
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Well sometimes panic selling gets you out of the most dangerous situations even though you lose quite a bit than losing half of it and worst case you're stuck on trading because you need to recover the loses. Panic selling isn't a bad idea for beginners but panic selling won't gain you anything at all and if you develop this attitude to another level I think you're doomed in trading.
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Well to be fair nothing is certain in crypto unless you have power(i meant money) at your disposal and make that more pricey that ever and encourage many investors to invest on it. Well on Bitcoin's case we are not quite sure, Also I don't think bitcoin will rise this time because I have not seen many contents regarding of what's bitcoin price now it seems like Bitcoin isn't as admirable as before.
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If in trading apply fast trading strategy, What obstacles are constraints and weaknesses?
That would be close to be as day trading you trade or buy and sell at the same day which could also gain small win or lose. Not a very good starting strategy for beginners but this works if you got the timing right. You should know that the obstacles you are going to face are the timings, you must have a great timing in every trade or else you will waste not a lot but many scattered or unorganized money that you put on your investment.
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If you know how to manage your money even if you invest at a critical point you will not lose half of your investment if you have a good grasp of managing your trades at a moment's notice. Every now and then you can invest in every trade and even if you are going to lose you will know when you are going to back out to lessen your losses. A big advantage you can have is if you know how to lessen the impact of loss you can get another chance at another coin to earn.
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When trading preparing for the worst is a normal thing but if you have enough management skills you won't be needing it frequently. Preparing for the worst case scenario to happen is a great idea according to some traders they manage to lessen their loses by preparing a lot of contingency plan if the trade fails. Holding a coin for a long time means that money is dead to you otherwise you will be hesitant whether you will not use that money or get it out befote it's too late.
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At this moment holding bitcoins is by far the best option. Holding at this time may have great gains in the future. Day trading in bitcoin might not be a bad idea but the price of it can drastically change in a day it is either good win or bad loss. You can profit in btc but it only depends on your luck. But holding is highly recommend, you can also add in it later. Sad
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You are quite correct but not entirely correct. Well if you are a veteran at trading anytime is good time for you since you know what to do next when the market moves. However not everyone is a veteran or expert at trading sometimes we rely on speculations provided by experts or speculators and sometimes we rely on our guts and feeling whether we will risk it or not.
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I'm grateful for bitcoin if it doesn't exist I won't have a better way to earn money. And especially for this forum it really helps the opportunity seekers earn money bit by bit. There are tons of opportunity here in this forum and bitcoin is only the channel through that so I'm truly grateful to this forum and it's moderators to have such a great place. Well bitcoin does have a different use for me but it also helps me in other ways.
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My experience on Trading isn't that good in fact I've always lose my trades and get back the remaining money after that loss. The problem is I don't know where to move my money or when will this gonna happen(I'm talking about the dump) a problematic questions that far exceeds my knowledge. Although I'm at the point that I couldn't care less I still have the slightest hope that I can be successful in this line of work.
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Panicking won't help you at all instead of thinking like that, find a way that is positive to encourage you to trade not only on btc but on altcoins too. The problem is you focus too much on BTC because it harbours a good amount money and can gain you lots of money effortlessly. That kind of thinking won't do you any good, as the wise man says don't focus on a single one if you have many of choices. Possibly the bitcoin's price for this year might be higher than last year and not enough to recover what it has lost in it's prime.
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Some examples maybe when you want to earn as much as you could but your faith in it wavers as the price go low slowly but after you withdrawn from it the odds seems fine and it started to go to the moon in the end leaves you speechless and full of regret. Another one is when you are too greedy in spending on many coins and you don't know how to handle them leaving you confused and ended up in despair.
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