Hi gang, currently working on a project to help friends and family make investments together through their friendly neighbourhood crypto enthusiast: looking for people to try out the alpha version of our product: https://www.cryptosquad.io/would love feedback, thanks  You can see that this is a new market and extremely risky, this market can bring you huge profits that can also make you lose your property in one night. So I never let my family or friends know that I invested in the crypto market. We all see the current market is in crisis, the price of bitcoin and altcoin have fallen dramatically in the past days, so you can see that this is a very risky school. i agree with this , when they make money it is all good but the moment they lose some will look to blame you. imo when someone want to invest they should do the research before hand. |
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i don't listen to these so called ''experts''. you can always find another expert who says the complete opposite. just do whatever you think is right , that way you have only yourself to blame.
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The main reason is for the advertising bans on facebook, twitter, google, in addition to all the regulations that try to put the banks in different parts of the world, this is passenger, not hy that to enter panic
what a load of bullshit , eth is one of the biggest coins out there. they have no reason to advertise on facebook/twitter/google so why would it influence them. I think the biggest reason is just that the market is fucked now , all coins are going down. maybe a lot of projects are selling the eth they raised in their ico , but that isn't the main reason. |
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Currently, the price of bitcoin is decreasing, and I expect many people on the cryptocurrency market will sell the bitcoin devaluation. I think those who are still bitcoin keep going and keep waiting for the bitcoin to come back. I firmly believe that the price of bitcoin will increase in the near future.
Well if you're doing short term trading, you better to sell it right now before suffer more losses because bitcoin is on downtrend at the moment. Meanwhile for who act as investor, like me, I'm try to hold as long as possible and only try to sell only if you need that bits for emergency need. ~Stay safe, hold for eternity or sell for minimize lossthis is the best advice , hold if you want to. or put more fiat money in at a lower btc price. but if you want to day trade your best option is to sell now. |
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seems like the same story we see every big crash , and when the market is back in the green we will see the btc to 50K topics again. we haven't even seen the slightest of what crypto is capable of if you ask me.
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i like your points , i would like to add to that that i look for projects that already have a product before they are raising money. if they don't have that really try to see what they are going to do and if it is possible to do so. a hardcap to the amount raised is also something i think is important , it shows that it isn't a quick money grab.
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2000$ is not a very significant amount for crypto-trading; some people loose much larger amounts - imagine how they feel.
price is relative for everybody , for some people it is a lot of money for some people it is peanuts. but in these times it is easy to lose such an amount. |
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i don't think it is necessary but is is helpful if you can handle it. some people just can't handle it , and for those people it is ok to take less risk. you can also make money that way. but for me personally i like to take the risk , like they say : no risk no reward.
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i think so yes , a lot of people investing in this space never invested before , so they have no idea what to do when make some money. if you have some experience already it seems like a smart choice.
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because it is stupid to sell when prices are this low , when there is a big chance prices are going up in the future.
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Panic selling is really not good because you will lose the potential of a higher profit. It will leave you nothing but regret at the end unless you sold it for emergency purposes like for payment for a hospital bill which is very understandable. Selling your btc must not be covered by emotions in order to gain higher profit. It should be sold through good analytical skills.
I think panic selling is one of the reasons the Wall Street investors will love about bitcoin, because they know what they are doing, and they will take advantage from all the users that are trying to trade, but simple lack do knowledge and the ability to control their emotions. I don't even know why most people feel the need to trade bitcoin. Right now buying and holding is simply the best option for most of us. It's just a mistake to short bitcoin in these days. If you want to win at this, just buy bitcoin on every dip it has because it will just come out stronger. There is a huge advantage bitcoin has over all the other coins. It's doing the right path. It's establishing itself as an asset, this will bring liquidity into the market and more stability, and then it will be able to establish itself as a payment method. Most other coins, including bcash, are trying to become a payment method first. Who will trust a payment method that doesn't have enough liquidity? People must really understand this, be patient and stop panic selling, because they will regret it. i agree with a lot of points , but when people see bitcoin just as an asset like you say. how will you change their view when it becomes a payment method , because i feel like a lot of people don't want to spend bitcoin when the price can go x5 easily in a short amount of time. |
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you are one of the few people that think that way OP. i am pretty sure most people are just here to make money , and i think you need these people to. while i respect your reasons to enter bitcoin , most people just aren't that interested in technology. so if you want bitcoin to succeed you basically need these people despite that they are only in it for the money.
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best options are traditional investments imo , things like index funds. real estate is always a good investment , people will always need a home to live or a space to work.
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so you could say at least 50% of the people entering the market then are just people who buy on the hype. these people need a reason to come back and buy bitcoin again , and i don't see it happening very soon. and like someone else said here , it will be really interesting to see what will happen when the bear market stays for at least a couple of months.
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no i don't , most i will do is take some pieces of advice or pick things that make sense out of the story. the best way to learn trading is to make your own mistakes and learn from them , that way you are not depending on what someone else is saying.
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you need to set the your targets. dont go with the flow, dont follow the crowd. just make ur profit target and right after the exist dont even bother to look at that coin again
this is it , to sell on the news you need to be on top of the news. which requires a lot of time. for most people it is the easiest way to set a target and sell on that target , don't think you can go higher and gamble it all away. |
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the volatility is what attracted people to bitcoin , 99% don't even care about the uses it has/can have. so this what you get , a market driven by greed. that isn't solely the reason , bitcoins own scalability and transaction time problems certainly did their part in that.
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Lets face it, BTC is in trouble. bTC's Bubble exploded at 19k. Now we are heading downto 3k or lower. After that another journey for BTC.
just like the time bitcoin went from 1200 tot 150 and stayed there for 2 years. btc is in trouble right now but this is nothing new. |
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it is if you are willing to put in the effort that is needed. it looks way easier then it is , this is why so many people lose money trading. on the other hand you need them to make money trading.
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it becomes even more fun if you look at 100 years from now , the predictions for the purchasing power of 1 usd then are really bad. this is why i am excited about crypto , no artificial inlation only benefiting the rich.
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