Someone said that if you smile at people around you, people will smile at you back. The positivity that you spread around so it's very important to have that approach in our everyday life.
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It's a good trait that every crypto trader must have because you will become more patient. It happens to me before when I want to get profits but got very impatient so I sold it and shifted to another hyped altcoins that speculated to boom.
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You can't really do that sir. To be able to get that monthly income target, the price of btc should go up and then down every month and it's crytal clear that's not how it works.
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I can say that I'm still holding on. The month of February was really depressing for me though because I thought we already done with those regulations or bans on China and South Korea but a lot of people are still affected and dumping the market.
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4 month already ,cant wait to see the result. Maybe the OP will Suprise us when it comes to april.
Or he got a big loss because he forgot winning in altcoin while the Bitcoin price dumped too much value made the cryptocurrency started a bearish trend for long time ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . If he did not withdraw that profit to FIAT, I am sure my prediction is true. Even big holders on cryptocurrencies at this moment are all experiencing a major drop on their portfolio so there's no doubt that he is also experiencing that red numbers as well. Or he already sold all of it and accepted that he failed.
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Bitcoin is still better to invest than altcoins. Altcoins just get hyped and then another contender get in that same category and then the old one will die. But we see bitcoin that always get higher and killed those dozens of those bitcoin forks and one of them is bitcoincash.
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In my experience, it always happens when a coin reach its all time high and you can see it in the top 30 gainers and after that day, everyone is dumping it like they all just got their profits and exited completely.
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I would recommend only 10% of your salary and if your budget is short on in a specific month, don't force yourself to allot anything. Investing in bitcoin should be your last priority and your family should be the first.
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I think the best buy time has already passed when it hits $6k and now is just like a discounted price for people who will buy it today but it still a good buy when you know it's going to hit more than $50k this year.
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The risk of holding bitcoin is when you forgot to sell it when you have to. In my opinion, people should sell it when it is on its peak because they can buy it back again when it drops like it always do.
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How to start a trade with small amount? I am not a millionaire.I have jaust some money.I want to trade with my small amount.can I do this?Then how?
Yes you can but it's going to be a very slow gain. The chances of lossing than gaining is also high so you better have good skills on finding the best one to invest. And the worst is you are going to wait much longer compared to others that have different kind of coins in their portfolios.
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That's really stupid in many ways. I haven't done that but I think I know that some addicted to bitcoins are the ones who are doing it. It's really bad to your health so just do it 2x - 4x a day.
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If I'm going to choose one coin to hold and sell everything, I will choose bitcoin. Bitcoin is much safer to keep compared to those altcoins that only have temporary popularity. These altcoins will come and go but not btc.
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Trading needs a lot of time. Time for researching and checking updated about their progress. While signature campaign can be done in an hour. For profits, trading is better. On risk, signature campaign is lesser.
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After a year of trading, I realized that holding so long does not work most of the time. Long term hold just works on luck. With so many altcoins that are released in the market, only few will succeed so once it goes listed, I sell then wait on the dip to buy again.
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It's difficult because if you work full time then you are just going to get small profits. Or it's either you just focus on long term or you experience more losses because it's certain that you will have less time monitoring it.
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Yes. You should just at least lookout on 10 coins and hundreds of them because only few coins that dominates the market. Those shitcoins just pump randomly so there's no use trading them so you can spend less time.
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Trading is easy and you can teach it by yourself by just reading it on the internet. But if you want trading chart analysis then you are going to need to allot many hours to understand it.
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It really sucks if you easily panic and sell it when you feel that it's over even if it's not. Trading is a battle of patience. Those coins can still recover and they just need time.
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Btc just continues to grow. If you want fast profit then trade it with promising altcoins but it's risky. You can also mine them and its safe but expensive.
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