No one will teach you better than you yourself. I think that paid channels only take money, but they will not teach you anything really important. Better educate yourself. The Internet has a lot of useful information. Start by studying technical analysis. This topic is voluminous and interesting. If you go into it, you can achieve excellent results in trade. Apply your knowledge in practice. Trade in small amounts. And always read the news. In the process of studying technical analysis, you will have a lot of additional questions. You will search for answers in the Internet, and in these answers there will be some new information for you and thus you will learn more and more important information.
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For me, the more convenient Binance and Poloniex. It is much more convenient to trade there and you can make a deal very quickly. At the same time, I like the Bitfinex chart, but the interface of the exchange is inconvenient and complicated. But this is not a problem, since the chart on the exchange operates on the basis of https://www.tradingview.com
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Patience and confidence are good advice, but the most important advice, in my opinion is: 1. Study all the necessary information. This is both technical analysis and candlestick analysis. 2. Draw up a plan for buying and selling before you start trading. And you need to follow it clearly. 3. Be aware of the main news of the crypto world. Compliance with these rules will minimize the situation when the trader is forced to simply rely on his patience.
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Don't buy Ethereum. Wait until market conditions improve and Ethereum shows signs of rising prices. It has been several months since Ethereum experienced a price decline and made me doubt about the price of Ethereum.
Those who wait long, may not notice an opportunity that eludes. Now the price of the Ether is very low. It's foolish to give up the opportunity to buy at that price. Even if the price drops to $200, sooner or later it will rise again. Ether coin number two in the top of all crypto currencies. To date, no other such project has even approached the popularity and significance to the Ether. So your words don't make much sense.
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The main thing that you needs is skills and experience. No one will work for you, you must do all the work yourself. And this work includes: the study of information on methods of trade and practice. Learn technical analysis and practice (on small amounts of money) and after a while you will have those skills that you are trying to find here. Skill is an activity formed by repetition and bringing to automatism.
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Of course buy. Now, when the price of the eth is so low, you just need to buy it. Of course, no one will tell you exactly whether the price will be lower or not, but most will agree that this is a very low price for the eth. The most important factor of buying is that it is the best and most reliable altcoin for today. It will definitely be in demand and popular, which means that its price will certainly grow.
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I fully agree with what you wrote above. Everything is just like that. The only thing I would like to add is the news factor. The crypto market is very influenced by news (both real and fake), so when working on a crypto market, you need to consider this factor. Technical analysis works well only if the situation is stable. If there are any influential news, then technical analysis is powerless.
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Chat on the exchange can't be used to exchange such information. Sorry, but believing in the advice of strangers is very stupid. Did you really think that someone just share useful information in the chat room? It is best to close the chat and not read what is written there. You go to the exchange in order to trade, and not entertain, so trade. Look at the charts, analyze the situation, choose the entry point and the exit point and act according to the plan. Looking through chat will only distract you. And for the future: you need to understand that nobody will share valuable information with you on the crypto market. So don't be naive and never listen to people's advice from the chat or signals from such groups. Always think for yourself!
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Most participants in the crypto market lose money when the exchange rate falls. But the only reason for this is that these are ordinary people who are just experiencing good luck. They did nothing to earn money. Just buying coins is not enough. You need to learn a lot of information before buying any coins. After obtaining the necessary knowledge, you need to gain experience in trading. And when you have the knowledge and experience, then you will find ways to earn money in any market. Even now, when the price falls it is possible to earn. After all, the price does not decrease constantly. Sometimes price declines, and sometimes price grows, it is on this you can earn. It's just a short term trade. There is nothing complicated in it, if you understand everything. Moreover, there are strategies for earning in the bear market. So trade is not just luck, it is necessary to think and calculate here.
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Pump and dump is not a threat, but an opportunity. All you need to do is learn how to make money on it. To do this, you can use technical analysis, fundamental analysis, or simply rely on luck (but it's very unreasonable, so I don't advise this tactic). As for exchanges, they only benefit from this. Moreover, I am sure that they themselves make pump and dump. Therefore, they will not use any real action to prevent this.
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In my opinion, the best coin for long term investing will be bitcoin. To date, this coin number 1 and no other project can't be compared with bitcoin in popularity. Of course, for safety, I would recommend investing in a few other coins from the top 20 as well.
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I think that in most, traders are average. Of course, it is almost impossible to conduct an perfect trade on a crypto market. On the crypto market, you can't say exactly, because here there are only assumptions. We all just have the opportunity to earn here, so you need to postpone your desire to lead an perfect trade and trade based on the situation, while not forgetting to hedge yourself.
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You can't contradistinction these two types of trade. These are completely different types of trade. There are coins and situations where it is better to trade daily, but there are coins and situations when it is better to hold them. For example, lately it's very difficult to trade bitcoin daily, because the price is too unpredictable, so it was more accurate to hold them. But the last 10 days the price of bitcoin was in the flat, so it was possible to conduct several excellent short term deals. As you see, everything is very individual. And also you can simultaneously trade one coin daily, while holding others. I think that many people do just that.
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If you are a novice (and judging by the fact that you ask this question, then it is), then you should avoid short term trading. Nobody knows exactly when the market turns around and if it turns around at all. At the moment there is a certain situation and we need to act from what is now. Personally, I believe that there will be a reversal. So I will recommend based on my beliefs. I would recommend now buy by this scheme: 50% in bitcoin, 30% on the eth, and the remaining 20% in a few altcoins from the top 20. All of these coins to leave for medium term or long term trade. But it is necessary to invest with the understanding that profit can appear in a year or even later (it can, of course, and earlier). There is also a possibility that you will lose your money altogether. So think for yourself, but remember: invest only that amount of money that you are willing to lose.
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Which do you prefer? Hello Everyone, want to ask few questions here. Short term or Long term investment? Which is more profitable to you? What coins do think that is good for long term now? Feel free to comment your ideas and opinions. I believe that at this time you should only invest in short-term bitcoin, you can see that the market is fluctuating continuously and bitcoin prices will be able to continue to fall sharply in the coming time and so long investment The risk premium will be very high. The market is bearish so I believe you should only trade short-term and trades at this time. For an experienced trader, daily trade even now will bring profit. Look at the charts. Bitcoin has been in flat for 10 days. During these 10 days it was possible to earn a lot of money. In fact, the main problem is that many of us don't have the necessary knowledge, skills and experience to earn in such conditions with short term trading. I perfectly understand those who don't want to risk now, because now I'm only switched to medium and long term trade
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Do enlightenment of crypto traders. Make them all learn the basics of trading. They just invented the hold, in order to hide their ignorance. The author, I suggest you contact the appropriate authorities, in order that all crypto traders are required to take trading courses! P.S. In post, you need to temper your ardor. You can just express your opinion. No one likes that you impose your opinion
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It all depends on the situation. In the bear market, I prefer long term trading. But when there is a bull run, then you can conduct several quick transactions (that is, short term trading). For long term trading, I prefer bitcoin, ether and a few promising altcoins from the top 100. For short term trade, any coins that will pump in the near future.
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To date, in my opinion, bitcoin and ether will be the best investment for long term. Perhaps in the medium term, some promising altcoins will make a profit, but nothing can be said for sure. Of course, if you have the finances and time, the best option is to break your deposit into several parts. For example, 50% invest in bitcoin, 30% in the ether and the remaining 20% in several promising altcoins (this may be litecoine, bitcoin cash, monero, bnb, iota, OMG).
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Of course, a successful trader must have a high IQ should be. Only clever people can understand the market and coordinate their actions depending on the situation on it. Only an intelligent trader will be able to correctly calculate the entry and exit points from the position and, if necessary, quickly make an important and correct decision. After all, a person with a low IQ simply can't do it. Yes, he will be able to learn some information, get some experience and trade, but his deals will not bring him big profits, moreover, there is a huge probability that he will lose his investment.. Such a person can be called a trader, but he is not a successful trader. There is also the possibility that a person doesn't possess high IQ, but trading crypto currencies is exactly for him, this is his vocation. And he is a successful trader in spite of his IQ.
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If you have ether in the purse of myetherwallet, then it simply is there. Its amount doesn't decrease and doesn't increase if you didn't make the transaction and either didn't bring it out or put it into the wallet. If you yourself didn't make any transactions, but your balance has changed, then maybe your wallet was compromised. Also, there is a possibility that you originally registered on a fishing site.
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