Yes, holding can be one of the strategy to make profit in the hard time, holding maybe is the easiest way to make profit when you don't have any knowledge about trading, but still when you hold you need to keep on checking the price, some of the coins need long term to enjoy the result, so holding is not a bad strategy
|
|
|
Yes the market of crypto is really scary, and all the people that want to join suppose to be learning the basic and pay attention to the market situation, but most of the beginners don't care about it and just invest and do panic sell, the market of crypto is not that easy to predict
|
|
|
Yes it can be a good opportunity to buy at lower price but you need to pay attention to the market as the market now in a very bad situation, the price keep going down and it can go down really fast no matter it is Bitcoin or alt coin, I think for now it's better to observe the market, but if you want to be sure just buy alt coins that already famous and in top 5, when the market got better you can choose the coin that fit your criteria to buy
|
|
|
It suck to see exchanges keep on being hacked, it really make the price fall down really deep and this could make people hesitate to trade again, and the exchanges supposed to be increase their security to prevent this kind of thing happen again, but I don't see any serious step for exchanges to really focus on the security thing
|
|
|
Selling is going to make the price become worse and I am curious about how you know the best time to comeback, many people only know theory, but the market is not that easy to predict, if you want to sell your coin it's your choice but don't drag other people
|
|
|
Yeah , crypto can be one of the solution to decrease robbery, but it will increase the hacking case, and not all people feel save to store their money online especially crypto, when you lost crypto by hackers, then there is no way for you to retrieve your coin
|
|
|
Yes it's very helpful, imagine that easy transactions that can be used for different countries, and no need to keep on exchange the Fiat, crypto also easy to deposit and withdraw, no need documents to check, and the transactions is very fast, you can expand your businesses to all countries in the world
|
|
|
You need to have a better self control, change your mindset, gambling is not supposed the place for making money and you can't expect to win all the time, if you can't handle the lost then maybe gambling is not for you, if you force yourself to play you will end up more frustrated and even can fall into addiction
|
|
|
No the dream still can happen, we just have a setback, w need more time to reach that number, there are so many things that happened with BTC until it's having a hard time to grow, and the long bear market has broken a lot of people spirit and interest to invest in BTC, but if we compare the price with last year, Bitcoin shows a great improvement, so anything still can happen in this rest of the months
|
|
|
Yes I agree, there is no safe trading, infact trading is a very risky things, no matter how good your analysis skills and how good is your experience, there are times where all the indicators not working and you end up predicting the wrong movement, but with more experience and learn more deeply you can minimize the risk, but still you need to prepare for the worst
|
|
|
Nobody said that Bitcoin will replace any Fiat, and all of the news only expose the Bitcoin weakness, they never mention that Bitcoin bring more job opportunities and bring more business in this world, and it's the typical of media, it likes to expose the negative side of Bitcoin to create controversy and get big review, for me this is rubbish news
|
|
|
If you are new then just choose Bitcoin, it's more stable to be used for short term or long term investment, if you want to invest in alt choose eth, by far these two coins is the strongest coins, some of the alt maybe can give you more profit, but other alt contains big risk of losing money
|
|
|
There is possibility that it could rise again, but it will depend on how the developers and marketing team promote the coin, usually after launching the price will fall down because people will race to sell the coin, but if the project show great potential then it could rise up again
|
|
|
Yeah when the price go down the best thing to do is to hold or buy more, cashing out or selling when the price down is going to cause low profit or losing money, and I usually only cashing out when I need the money, or the price being pump
|
|
|
I think you need more knowledge about cryptos, 300% profit is too high, the market is so unpredictable and I am sure when the market is bad you can't make any profit, it's a good idea to spread your investment to prevent losing all your money at once, but by diversify it, your profit might also go down, I think you need to act depends on the market, when an event or good news coming from one coin, you can put it all in
|
|
|
I completely agree, many people just complained that they wish to but Bitcoin earlier and sell at the peak price, but when they are been giving opportunities to buy at low price they will say Bitcoin is dead, cryptos are full of risk, the price swing very fast and the market move very fast, but the reward is extremely satisfying, you need to have clear vision and strong faith to be able to make profit in crypto
|
|
|
Bitcoin so doing fine before the exchange being hacked news, and the down will be temporary, once everything is settled the price will slowly healing back, the market is not too good, but Bitcoin won't be continuously dropping, and if all of us can have the same mindset then we can stop the price from falling down further
|
|
|
With the long and constant bearish it will affect the investors psychology, I don't think they are breaking down but wait for the right moment to enter, now the market is not too good so a lot of investors are hesitate to enter the market, but once the market healing, we will see a lot of investors back to crypto
|
|
|
Eth is a good coin, a lot of Ico projects are using eth, so don't worry about the price, even if the price fall down to 300$ it will still able to go up, so don't hesitate to buy eth, it will be profitable if you keep it for long term, and I don't think eth could fall down until 300$
|
|
|
If you sell now you will lost money, Bitcoin will go up again, Bitcoin is not like other alt coin, Bitcoin is the core of crypto there are many support that will make the price increase again, don't get panic and sell your coin ,it will make the situation become worse
|
|
|
|