said PANIC might only be appropriate for novice traders, often I find people around me who have just learned to trade. He always panics when prices start to fall, he seems confused. I always reminded him that trading should not panic because that would stress him out.
For those who have been in crypto for the past 3 years, panic is no longer valid friends. Because they have experienced the ups and downs repeatedly. So they understand a little that this is only a temporary condition. But for new people it is difficult to accept immediately. the database they have is not as much as the old ones. I don't think that they just understand a little, cause for that long I expected that they truly understand how bitcoin and crypto works. We have this fluctuation often times because of its volatility, market demand always change and it makes everything have a twist. For these constant changes, I'd never considered this as a threat but rather to consider this an opportunity to make a profit. If people would understand the situation, they surely appreciate how it works and changes their mindset. |
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I am still a student though but somehow I feel what the OP said. The responsibility is bigger than what we play, than what we gamble. In addition, some of chronic gamblers are rich that is why they are not worrying on what is about to happen because of overspending. Such thing may imply for gambler who are not that wealthy to disregard such issues. That is why disciplined must always be in their heads.
I hear some story about a person who won millions in the lottery but sad to hear that he easily spend all of it in less than a year and turning him back to a miserable life. I can't imagine how'd he spend all of it for a very short period of time. And I find out that because of his addiction to gambling cause him to suffer big losses and even his assets are already sold. How really bad it was when we are out in control. Everything will change and every member of the family will suffer this irresponsible act. |
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For about that we are buying Bitcoins during 2017 bullish, does holding would still matter? It never makes sense at all, knowing the fact that the market won't really get back to that price or above just to make a profit, holding will never work.
But we are buying Bitcoin right after the bullish ends definitely, we make money from it. And much more to gain if we are able to hold it a little bit longer.
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Bitcointalk Username: Distinctin Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=798218Current post count (including this one): 2664 Amount of merit (Earned) in the last 120 days: 11 BTC Address for Weekly Payouts: 15QhcPqZBT7AMmUHQhRqT45qjJ9AaLrS4e Avatar and signature codes will be changes once accepted... |
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Every economic system needs stability and for that time is required. Mass adoption of cryptocurrencies and utility is very important for digital currencies to flourish. In the time of just 10 years see where cryptocurrencies are now so wait a little while and learn from the ups and downs of the cryptoeconomy. Neither recession lasts forever nor boom. Market will be back on it's feet soon. I think 2020 will be the year of recovery, market will recover in 2020 and 2021 will be the year of boom.. Well let's see what actually happens..
Somewhat amazing and pretty good to looked by but I'd never think that it will work so easy and jump so high. Though we are too positive that we will see the bright side crypto in the next year but something we think also that the market never been like before and obviously we will experience the ups and downs scheme. May halving could possibly contribute a big change but we can't expect that we will see it right after cause I what we've seen in the previous halving, the price will just rise almost a year from its halving. |
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Yes, this is absolutely true. I often get caught up in big levers until I have my account burnt for the first time. Things were crazy and I lost confidence in myself a few months ago. But until now, I have met some pretty good people in this short-term trading field and they advised me exactly as the article wrote. and it's important to never trade like gambling, keep your mind as stable as possible.
You better find strategy that helps you out from losing instead. That is a good one. Follow their advice and stick to the strategy that you've to feel right and really making a good profit. It is also important to know the status of our trades, never think that leverage trading could help you out instead, it only gives you losses in the coming days. |
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Hopefully they drop even more! I don't think Bitcoin is going anywhere in the next few years.  Your first post is to said Bitcoin market value will not appreciate in value years to come. Too unfortunate that so many people are negative minded about Bitcoin without any strong reason to support their claim. Bitcoin market value will move higher after the coming halving of next year. I have to support it as well. It is too sad to think that many would still claim for its fall rather than to be helpful in spreading its purpose and importance. It feels that they just take a look at what is happens today and never consider what would really happen in the future. It is something we need to consider the fact that crypto is still in the move to wide adoption. But people around us never appreciate instead they keep their negative thought only without seeing the positive side. |
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I can't think any for now. I guess its crypto forever the digital money. Well, there were always be a constant change and evolution of everything. I think digital crypto age is a long run and it will take more decades to create something beyond it. Its not yet widely use now and it may still take a decade for everyone to legally use it worldwide.
Lack of market adoption is still evident. Though we are in 10 years of existence and we can't deny that crypto isn't totally matured enough. Awareness is always there but some of us just ignore it. We may think that crypto needs another 10 years( maybe) before we achieve such a goal and crypto will consider as a currency that the majority will use. |
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There are many doubting people in any community, it has always been that way. In the crypto community, there are also those who doubt the success of this industry, this is absolutely normal. In the next few years, huge changes will occur in crypto.
Many predict big changes between 2020-2021. Maybe in that year there will be a surge in crypto. We know that BTC halving will happen soon, this is the moment to start a new project in crypto. The crypto industry remains profitable for those who can survive. We all keep making speculations and in every single specs we will say "market recovery...soon", bullish soon...But we never think that of its falls. It sounds like we (most) are too much confident that we gain and see the lights. For it will be shown that crypto adoptions are gradually increasing which means that we could able to see a better future of crypto, not just of good price but also how people make use of this. |
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guys, there is an opinion that November is the last bear month, then the bulran will start and then who is how much greedy, he will become so much richer))
We can see that on our own and for sure whales are so happy again because they already received a big amount of bitcoin on a convincing price. I'm more greedy to borrow some funds with my friends and planning to have more bitcoin, hoping for this one to happen and I'm so happy to those who are buying at a cheaper price with bitcoin and other altcoins, the long term prediction with bitcoin is still good and still possible to happen. I hope you can patiently wait for it and your friends can wait also. But, and please never expect that we can make a huge profit anymore. Yes, pretty sure that we can have another bullish market but never think that it can be this year. Remember how volatility plays with us and still, the market remains to be unpredictable all the time. If you can manage to hold it for many years, then bear with it. |
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Most people are not good at trading
And they will never be no matter how much they could be studying the subject. The irony is that in order to find out whether you are capable of profitable trading in the long run (i.e. beyond pure luck), you should actually engage in this activity, i.e. start trading. In this way, if you can't be a trader, you will most likely end up losing a pile of money. And what adds insult to injury here is the fact that successful traders often lose money too when they are new to trading (as everyone is a novice trader at first)
We don't know what people are doing with their everyday life, how are they, what are their skills and capabilities. I've known some persons who has eagerness and willingness to learn, they are really doing their best to study it but they can't really make it, they are having hard time to learn it maybe because they do have lack of time and it's not their line of business. If that so, I suggest not to take the risk in trading otherwise, they surely putting ends pretty quickly and lose their money. Cause definitely it wasn't a good idea having this one and to know exactly what we are doing is the way we keep in track. Some people came into trading cause because they usually think for easy money, trading can be easy to learn but they are totally wrong and making them suffer big losses rather than making them profitable. |
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There is nothing to believe about OP's speculation cause he's totally out from crypt, in fact, he would like to invite everyone for their telegram just to educate us and tried to make a scam. As noted by Plagiarism, I think we don't have to believe his statement and even thinking that there is no reason to believe having a huge fall of bitcoin price. In fact, we are seeing now that Bitcoin price recovers slowly and put it in my insights that we get back to $10k before we end up this year.
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I believe that it will keep in rallying but I can't think that it halving could trigger a big jump to reach $60k+. I may not really that kind of optimistic person that I may think such peaks cause the market looks so difficult to run for another ATH again and even that halving can't sure that can make it.
I am just hoping that it even just reach $20k during halving is big enough to see how this halving makes a big role in crypto.
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Omg, I know that I'm not a big target, but I think it's a good time for me to put 2-factor authentication.
These guys doing smarter hustles each day.
That is our obligation to take care of our funds or otherwise, we are the next one to suffer such losses. This makes us think about how important to have 2FA authentication for additional security and make hackers not easily broke the keys. But I can't imagine how this guy( as mentioned by OP) letting it happen to know that he can be a possible target for hackers cause of his position and the amounts that he has been holding. It was a bad experience and nobody wants it, and may others would take this seriously. |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
It probably won't take long. For me, I've often to stay my trade in a line for just 2-3 days otherwise, I cancel it if there is no buying. May it change sometimes depending also on the current trend. Of course, we think also the safety of assurance for ain't get safe if your funds still on the exchanges for too long. That is very important to know exactly what is buying and selling of a certain coin you want to trade before making a deposit and for it won't take your patience out being in the long wait before we got the satisfying price. |
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We can't deny that China has a negative response to Bitcoin and the whole crypto because of their personal interest. As they would like to take care of their territory, they give everything just to stop the crypto spread in their area https://japan-forward.com/crytocurrency-control-boosts-chinas-expansionist-strategy/And one thing that China never accepts crypto now and even push to close all establishment accepting Bitcoin because they want to control and imposed regulations on it which they can't. |
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I can't imagine how OP gives trust to these betting tips. Cause even experts never find it a guarantee of winning and thinking why they should give info's for the possible result to others instead of using by themselves and might they billionaire as what @Reatim says(post above mine).
It exactly we can't this and those people who keep giving their tips for payment. If we believe ourself, we better do it alone rather than of asking someone's helps.
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No other than but keep on holding. It was too hard to expect nothing but it won't have the best option rather than this. Impatient people will surely lose confidence in the market and sell their coins once in a while. May diversification also is good for some reason but we are seeing the potential for its moving price moment, holding absolutely has its best than this.
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Kung ikukumpara ko ang dalawa in term of risk, mas risky into pagmimina. Dalawa kasi ang tinitingnan natin dito, expenses plus big chances of losses of the market is down. Unlike sa pwedeng mangyayari sa trading na nakasentro lang sa kung ano ang galaw sa merkado at mga strategies na gagamitin. Kung magaling tayong sa pagtetrade, mas malaki ang tyansa na kikita tayo kahit mababa ang presyo sa merkado.
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