I only dared to invest 1/4 of my money into bitcoin. I do not want to pour eggs into the same basket, so the risk is very high. The remaining funds I will use in other business to share the risk. Unstable bitcoin market, fluctuated by day, depends on supply and demand. So if you invest all your capital in bitcoin you will probably lose everything.
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What do you do after you suffer a huge loss? If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
If big losses I would probably seek new business. If big losses we should not pursue, continue to pursue we can lose all the possessions we have. But if I have a lot of money and I anticipate a good market in the future, I will pursue to the end. This is my personal opinion.
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
yes, in business or investment. If you are afraid of losing money you will not do anything. In bitcoin investments, if you are afraid of losing money, you will lose many chances. Please consider carefully before investing, analyze the market accurately. Then make the decision, if that failure is also the lesson that you have for the next time.
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I think you should teach them at age 15, at this age they know more and they are better aware of their lives. If you teach them too early, they just listen but do not understand what you are teaching them and what they are intended to do. My child is 15 years old and I am teaching them about bitcoin. Let them read the news daily to understand the market.
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
You do so is very dangerous. I think you should not use all the money to buy bitcoin. The money you put in the bank will be profitable. If you buy bitcoin, in the future if the bitcoin price increases you will be profitable, but if the bitcoin price drops. Your Money will lost a lot. I think you should think carefully and make a decision. Wish you have a wise decision.
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I agree with your statement. Actually, the pump and dump newsgroups are the groups whose owners have bought their coin they have long known for low prices, then they use tricks to push the coin's value up and Making pump dump informational groups is part of their tricks. When you follow that news, most of you will lose money because the news will sell when the coin increases and you will not sell out or you will get very little profit.
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Blockchain tech is what current world business need. A lot of new technological startups raised on it. In near future systems linking the business sector to different blockhouses will take place.
Blockchain technology will be the best in this century for security and archiving. I believe that every day more and more technology projects, large corporations around the world apply the blockchain technology in the latest applications and products, because it is very convenient and effective. fruit. I really thank the creator of blockchain technology because it will be the best revolution in the 4.0 industry era.
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For our world today that bitcoin is growing so fast and spreading like a storm i think that its never been to late to invest in bitcoin. You can choose bitcoin as your full time or part time business in digital currency. Investing in bitcoin with me is never too late if you truly understand the potential of bitcoin rather than just a speculative form with huge profits. I believe that those new to the cryptocurrency market want to invest in bitcoin because it's the highest value, but they do not really know the meaning that bitcoin brings to the world financial markets. But if you intend to invest in bitcoin then I think you should have a long-term development orientation with it.
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They usually buy during FOMO and then when there's dip, they tend to panic and sell their coins which results to their losses. The right strategy is buy on th FUD ans sell in the hype. It is the beasic, buy when the price is low and sell when the price is high. Noobs thinks that investing in crypto will make them rich in a day. That's not how it goes. You need to have a tons of patience.
I agree with you. most beginners in trading will be looking for a quick fortune by buying a signal or follow ico without knowing everything in it. but I think what we'll get in the future is something more important than today's gains but confused as to what to do next. hopefully there is a discussion for this very serious psychological trading problem. [/quote]Doing business in any financial market is always very difficult and in the crypto market as well. You can lose all your possessions if there are inaccurate decisions in the loss of composure and hurry, so for my view psychology plays a very important role in the development of a good trader. Always keep yourself in the best of calm, which is basically good for you to succeed in this market.
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Wow.. I'm sorry to hear that but please in future be really careful about what you invest in and do your own due diligence.
The cryptocurrency market is always very risky and it is the subject of scammers and hackers all over the world. Be careful with your information, careful investing is essential. I believe the market will improve in the coming days and investment in the market is very good.
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There are many websites that offer the basic knowledge of the crypto market that you can study for free. This forum is also a place where you can study and discuss all issues related to cryptocurrency, my knowledge is mostly learned from this forum. You should invest in basic knowledge seriously before investing in this market, do not rush before investing.
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The market is recovering very well. I have also received airdrop so I know that coin airdrop releases that have been on major commercial sites are good coin, so you have more chances and losses. So you should not sell now, give yourself time and create more opportunities in the future. I am very hopeful in the market in the coming days because it is very good.
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I learned that the United States has officially supported businesses encrypting their assets on the crypto market, deadline is January 31, 2018. South Korea has also lifted the ban on the domestic Cryptocurrency market. This is very good news for the crypto market in the coming days, I think the market will recover very soon. This is an opportunity for investors.
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If you want stability and long term make a bitcoin choice. Investing in bitcoin in the present time is very good, you will not have to regret your decision. In addition to bitcoin I think you should also consider investing in Ethereum, I think this year bitcoin and Ethererum will make a strong development with the crypto market.
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I do not like investing in secured assets. Because it was so stable, it did not bring me much profit. But to some extent, I would like to hold about 20% of my wealth on gold and dollars, which is my reserve if all the wealth I accumulate in the cryptocurrency market is gone. Having a backup plan is a good thing for investors.
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This is in line with China's policy in 2017 when it banned the bitcoin business in China. I think that the big Korean commercial sites will move their headquarters to other countries to operate, those that have legal support for bitcoin and crypto business such as Japan, Hong Kong, Singapore. I was quite surprised by the decision of the Korean government, which has made the world crypto market plunge in recent days.
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I think yes. As a newbie all i want is to be more profitable this upcoming years.. 2017 is a good year of bitcoin and i believe that 2018 is more advantageously year for bitcoin.
The market is showing signs of positive when the early 2018 has many strong coin pump. Currently, the market is adjusting the price and buy, only better signals will all increase again in the coming time. I think investing in coin now is very good because it is low and it is hard to see this value this year.
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Previously I used quite a lot of commercial sites like Bittrex, Poloniex, Cryptoppia. But now I only use Binance to trade because of its lowest transaction fee and Binance's service is very good, it makes me feel satisfied when dealing. Binance is improving itself and it is a reputable address of investors who are looking for the safest transactions.
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There are no other reason for keeping or selling your altcoins. I think the most appropriate thing to do is from the start identify first your strategy. Are you long term investor or short term investor. After deciding which strategy you want make another plan. Example if you choose you are only short-term create a trading plan. Follow your trading plan religiously. Buy low sell high price will vary according to the market demand and supply.
I often see DCA coin investments instead of selling them all when it's falling, because I'm confident in the coin I've analyzed and decided to invest in it. With good altcoin you should decide to keep it and do not keep track of it everyday as it makes your spirits unstable due to fluctuations of the market, which is not good for an investor.
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Great article, thanks for supporting the real Bitcoin, and letting people know about scam Bcash.
Bcash is a coin of no striking character and basically they are copying the idea of another coin, so Bcash can disappear completely. Bitcoin is well on the rise with the crypto market, and I think that January 2018 is the time when bitcoin and altcoin grow well as investors return after the New Year holiday.
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