There are many approach to making profits when the market is down, you can hold half of your coin and sell the other half in occasional bounce of prices during bearish market. Averaging down on prices of your coin when it fall is another approach!
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What we have in the market as regards price especially on bitcoin look more like a bounce or at best bull trap!. The price has to be stable and continue for some time before bull market signal can be established!
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There are reliable, sincere cryptocurrency evangelist on twitter, and many of them have made call that was accurate and profitable for me in the past. I suggest you look them up!
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Folkdelta is a decentralized exchange available to anyone to trade. In theory, decentralized exchange should be safer than centralized exchange and so far so good for decentralized exchange like folkdelta, I am yet to see any theft or hacked situation with the exchange!
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If you are lucky to have a lots of fund, buying bitcoin now put you on a good stead and the advantage of buying low is that your entry price is lowered while it will be easy for you to see gain easily when the market rises!
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The bearish market has it's own opportunities and complexities. If you are not looking for a good opportunity you will not find any that is why you have to prepare for every conceivable market situation !
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Ethereum is a good choice when you are considering what Altcoin to buy. Don't let the market discourage you as buying during the down market gives a lots of benefit to the buyer. You will be buying low price and getting more quality coin for less!
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Regret anti productive and it does create an environment where negative feelings and outlook will hinder you from seeing opportunity that exist in the market. In addition, regret will sapp your energy and the will to continue. Deal with regret desicively!
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I believe in holding because it works! I have held bitcoin for many years before and it turn out that I was able to make significant income from my holding! If you have patient and the persistence to hold on to a good coin, S day will come you will earn from your holdings holding!
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If you are in interest in cryptocurrency primarily to trade for your daily need, I would say you should forget it, cryptocurrency trading might not be able to secure a cash flow for your daily need because cryptocurrency market is volatile!
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Pumping the market or any coin for that matter is not a rocket science, all that is needed is enough funds to move the market either way and if you create enough liquidity you can take advantage of numerous opportunities in the market!
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Litecoin has recovered a bit since the creation of this thread! Litecoin unfortunately is been dumped even by those who actively work on the coin for many years. I have stop buying and trading Litecoin since the Lee sold all his stash!
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Bitcoin is meant to be kept except of course if you are a good trader who simply hold bitcoin for regular trading and flipping! And if actually, the only option you have now is to sell bitcoin, I can tell you in affirmative that this is the wrong time for you to sell bitcoin!
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If a coin has been unreasonably dump because of over reactions of the market negative sentiment towards such coin. It is only a matter of time before the value of such coin become know and everyone will start to FOMO!
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I don't believe in cutting losses with your open trade or saved coin. Cutting losses is very injurious to your funds and more importantly to the future profit that would be made. It is therefore important to get into good project from the start to avoid a situation where you are unsure and losing money!
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Everything require balance in cryptocurrency. Holding too late might be as terrible as selling too quickly. I therefore say you should not hold indefinitely your coin. You must schedule timing no matter what the cryptocurrency market situation is to dispose some coin!
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Both cryptocurrency activities actually complement itself very nicely. If you are trading, you are likely going to mine a quality and profitable cryptocurrency that will have good market value!
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Rebalancing can be S very effective tool do also is averaging down the price. The nature of cryptocurrency is volatility and the truth here is that volatility is what create opportunity for profit most of the time!
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Ethereum platform is growing, achieving and functioning properly! Many quality project springing up almost everyday on this platform and is not every project that will see that will see the light of the day. But every now and then we will see a project that will be very valuable and useful!
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Ethereum is a good buy at these exciting prices! If I had an insight into what is happening in the cryptocurrency market two to three months ago, I would have waited to buy all of my ether now. Although, I am still buying but I would have had much more ether on my dollar!
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