In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already from it begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.
Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?
And it may lead you to greed. Greed is the worst enemy of people. Keep thinking about whether should i still hold the asset or sell it here. It is so confusing point as no one can predict the next step 100% accurately so if you have fetched the best profit take an exit before the market gives you a bad shock as the crypto market is so volatile. Many people make many losses in this scenario because they become greedy to make more profit. Keep in mind, this suggestion if you do not want to bear losses so have control on your greed. Many Thanks! |
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It is very easy to stay poor  I would say if you want to stay poor do not start any business, do not invest in any good asset, Do not work on your good ideas, do not make good strategies, do not take the advice of Good people, do not work on your own dreams just keep thinking I will do it tomorrow and that tomorrow will never come for you. If you really want to achieve any goal, make good strategies and implement them on your ideas,s and be your own boss.  |
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if you are thinking of diversifying your portfolio and have a good amount to invest in crypto currency. So, in my opinion, you should invest 90% of your amount in bitcoin and the remaining 10% you should invest in Altcoin. Bitcoin has less risk on your investment and altcoins have high risk on you investment that why suggesting to invest big cap in bitcoin and less cap in altcoin
while investing in altcoins try to diversify you remaining 10% in different altcoins because if one will not perfome well anothe rwill perfome well and retun you a good amount of profit. DYOR
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Bitcoin will always be higher in price compared to other crypto coins. So if you keep missing opportunity to buy bitcoin, once its value grows more, then you will find it hard to buy even a portion of it, hence buy now while the price is still affordable.
However, I wonder why you decide to buy bitcoin when you don’t even know why you should invest in it in the first place. I suggest you educate yourself first because it’s hard to convince yourself when you don’t even know what’s in bitcoin that everyone is craving to own it.
Indeed, I agree with you here. I hope before halving we all get a good opportunity for re-buying and accumulate more Bitcoin. I believe in this bull run bitcoin will surpass the gold market cap which will be a big achievement for Bitcoin. well, I don't know why OP wanted to invest in Altcoins even though he has lack of knowledge. In the world of crypto, the more you have knowledge will be count as less. so, OP keep gaining Knowledge. Well, in my honest opinion, I would suggest investing 90% of the portfolio in Bitcoin and the remaining 10% in altcoin... Diversify the remaining 10% in different altcoins to overcome risk because in the crypto industry risk management should be our first priority well in the altcoin case if one will not perform well another will perform well and return us a good amount of profit. |
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<snip>
The best tip of surviving here on the forum, my advice is not to violate forum rules which include spamming, Brsut posting, Copying & pasting without giving source links like where to take it from, Using AI tools, and Plagrsim. These kinds of mistakes are being by the forum watchers to make a clean forum from unnecessary users. If any of your bad mistakes are detected by the watchers your account will be banned. So, it is very important to stay pure to survive here. Many Thanks. I remember one account that was a newly full-member account and due to one mistake, his account got banned the mistake was plagiarism without a source. |
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<snip>
Hi there, Hope you doing well, my advice to you is that if you have this amount invest 90% of your portfolio in Bitcoin and the remaining 10% in altcoins Because Bitcoin has less risk and altcoins have high risk. well, some of the above you aforementioned are good projects. The remaining 10% invest in different altcoins because if one is not performing well another will perform well and will return you a good amount of profit. Investing in altcoins should be very picky. well, what do you think how much you will generate in the bull run with a capital of 40,000$? |
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Assalamualaikum Sab bahi mery baba k Leye duwe magfirat kar dijeye ga 😭 Assalam-o-Alaikum... Bhai bohat afsoos howa sun kr. Allah Pak Apko or Apky ghar waloo ko sabry Jameel Ata Farmayee Ameen ya rabul Alameen. Mari Dua hai ALlah Pak apky BABA ko Jannat-ul-Fardoos mai ala mukam ata farmeyee Ameen ya rabul Alameen.. Baki mai inshaAllah unky liya Surah fateha , durood shareef or qul-shareef par kr unki magfirat k liya dua krta ho. Mari Baki sab bhaiyo sy b guzarish hai k ap log b zaroor parheyaa ga Jazak-Allah |
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<snip>
There are many reasons why people mostly fail in trading. - Due to a lack of knowledge
- They fell prey to FOMO
- Don't have patience
- They made impulsive decisions
- They don't have good strategies for trading
- they invest in shit projects
- they don't know how to do TA and FA
- They follow wrong signals from Groups
and many more, failing in trading depends on many factors |
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Dear, never depend on tools and indicators totally because sometimes they can also generate a wrong signal which can destroy your trade which as a result you have to bear a loss i have seen indicators generating wrong signals like what indicators are suggesting to the traders the thing happens after it is totally inverse.
One Indicator you can use for buying and selling is RSI (Relative Strength Index) which gives you the best opportunity of buying and selling if it is lower than 30 it means it is a good time to buy and if it is higher than 70 it means it is not a good time of buying. DYOR
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OP, Memecoins has very little chance to pump that much like as you created the topic "change your life" so it has very less chances because many of them are shit projects or scam projects as well. But in case if the project is not a scam but the token supply is too much circulating in the market and needs the big market cap it makes it skyrocking so it will be more difficult than you think it will not make your life financially stable as you are expecting from it. So, it will be a good thing for you to live in reality rather you keep thinking that a memecoin will going to make you financially rich. DYOR
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OP, in the world of cryptocurrency the more knowledge you have will be counted as less because it needs strong research, Good TA(Technical analysis) and Good FA(Fundamental analysis), and many more things you aforementioned. My advice to you is that never take trading for your career because it has a high risk of losing of funds. Find another job and take crypto as a side hustle but also keep learning about the crypto industry.
If you are new to the crypto industry start by holding and when you realize now you can make trades then start from the little amount you are willing to lose and easily can bear it. If luck goes in your favour you can earn as well from your trades.
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<snip>
Dear Op the idea behind Bitcoin is Decentralization because it is not under any government or institution. With the passage of time, it is getting stronger day by day, I was reading a news in which Bitcoin surpasses Silver and I believe that those days are not so far when Bitcoin will surpass the Gold market cap. Although I have seen Bitcoin surpassing many big companies cap including Tesla the most famous one. On the other hand, Bitcoin has less risk all over the crypto market due to many factors. Firstly, Bitcoin has won many investors faith secondly, it is a decentralized Digital currency with a big market capital, you will find many more when you do research on it. |
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.............
The researcher investor
The researcher investor wants to conduct thorough investigation before deciding whether to invest.They might even decide against investing altogether since, if you wait to make a decision until you know everything, you might never invest.
...............
Dear, I have seen many people losing money because they have no strong plan before starting a business and they just invest on saying of other people without any research and they themselves don't have strong plans or research on the business they are going to start. In my case, it is very important to have good research and plans before starting any business because in case if your business gets not successful there should be another plan B. Another thing is that if you really know this business can give you a big amount of profit try to change your strategy not the idea of the business you started because in the end strategy does matter because if your strategy is not you will obviously lose your investment and if you have a good strategy you will obviously earn a good amount of money. That's All Dear! |
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OP I've been investing my bitcoins with the dollar cost averaging method for several years like you. But my plan is not so big like yours. The dollar cost averaging method is best for those who do not have the money or ability to purchase large amounts of bitcoins at once. Those with low incomes can invest in Bitcoin very comfortably using the Dollar Cost Averaging method. My plan is that I want to hold Bitcoin for 10 years and sell it when the price of Bitcoin goes above $100,000.
I am investing or saving my bitcoins for my children's future. My plan was to invest in bitcoins when my investment in bitcoins completes ten years when my child is about 13 years old then I will use my investment money for him
You have a plan for a big period well Dollar Cost Averaging is best for those who get salaries monthly or weekly or bi-weekly based so they can invest any amount according to their plans well Your reply reminds me one of my thread which I started to make the good difference between lump sum vs DCA. DCA is good for those who do have not much amount to invest at once and Lump sum is good for those who have big capital of money and no need to track the BTC prices daily they just buy at good prices at once and hold it for the long term until they reached their goals. Here is the link to the Topic started by me>>> "Lump sum Vs DCA" for Bitcoin Accumulation have a look here with best replies of members. |
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Paying house rent using Bitcoin has both pros and cons but it depends. well let's make a scenario where you are paying rent for your house and your house rent is 200$ and you have an amount in BTC is 150$ which means the insufficient amount and you have only 10 days left to pay your house rent to the owner well in some days BTC prices goes up and it makes you money now you can pay off you hose rent which can be counted as its advantage. But the thing is you have to convince the owner to accept the BTC payment because if the BTC price falls owner has to face the loss in dollars he accepted as house rent in BTC so both vary here pros and cons as well.
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If your a newbie I guess your weren't aware of this thread that came out around August last year https://bitcointalk.org/index.php?topic=5464606.0 Merit farming in the WO thread has gotten way out of hand. The typical merit farmer post is a copy/pasted tweet from a large bitcoin-focused Twitter account, complete with picture and (often in smaller text) the word "source" with a link to the tweet. These accounts are literally just taking popular tweets and pasting them in WO for no other reason than to get merits. You'll see them on just about every single page of the thread this year. Although It seems a Post created based on pure assumption, I just wanted to give newbies a heads up about the kind of post accepted here, I've not heard any news on any major forum rules changes based on this. Just wanted to give everyone a heads up . I read this thread in the evening before coming to B&H section where many were opposing JJG well JJG is the good asset for the forum i myself have learn many thing from him in the buy and hodl thread and now i come here i also mentioning the same thread again here well in my honest opinion Yes many go there just for sake of getting merits from their little accounts. News should stop posting in the place of OG's and if they have good info to share there then there will be no problem for anyone. |
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Everyone who has bought Bitcoin at low prices and is still holding it today, of course that is very good and has also changed their lives financially. I consider this a victory for those who still faithfully hold Bitcoin that was purchased at a low price, because such people must really believe in Bitcoin and would feel it would be a shame to exchange it again at a price that is not high enough. And for other things, it is also possible that Bitcoin could surpass the market capitalization of precious metals such as gold because Bitcoin will continue to be better than any currency.
Yes, dear i do agree with you and i used to think that those who have traded their Bitcoin at very low prices must repenting these days when it is going to make its new all time high like they just trade it for sake of some money haha... well what can they do as well right as there is no one who can predict the future 100% correct. Things changes time to time and keeping developing. As you aforementioned "those who have still holding it faithfully" will be very happy in present today. |
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We thank God that the world is normal now and things are getting to the right position like the way it was before. We need to understand all these things so that we can get prepared for the time the worse much comes. So many things are happening right now and we don't need to be over relaxed because we never know what would be the ext pandemic that will before us. This is one of the best time for us to save so that we can be save more before anything like pandemic would ever surface again. Those that are wise are the ones that would want to save now for a better tomorrow.
Yes, Indeed we Thanks To the Best creator Allah who makes this world and even Allah almighty saved us from this pandemic well the thing are you saying is so accurate saving is most important now these days. Well i believe if we are earning from any source we should divide it into three parts one as savings, second as spending, and third as investment. you saving we help you to overcome you future problems ... Spending is also very important as one who do not spend is foolish like i mean he always want more and more to be accumulate and the third last Investments which will help you to stay financialy stable. I wish we never face that kind of any pandemic in coming future because the previous one took many life  |
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Investing in altcoins and Bitcoin can be high risk or low risk, it depends on some reasons. If we invest in Bitcoin without sufficient knowledge, it can be high risk as well. Meanwhile if we choose top altcoins and we know the right strategy to invest in them, it can be quite safe or low risk. It only can be high risk when we invest in meme coins, shit coins, or new altcoins.
It is not easy to analyze the new projects because it is difficult to distinguish between potential projects and scam projects. There are many new projects that have perfect whitepaper, good usecase of the products, active teams, and cooperate with some top projects. But the projects suddenly stopped after the public sales because of varied reasons. Or after the tokens are listed on the first exchange, the teams begin inactive and there is no progress of the projects.
Dear, all matter is your strategy it is obvious if you have insufficient knowledge you have high risk of losing funds. If you do DCA and accumulate Bitcoins at good prices it can give big return and the risk will be reduce. On the other hand, its the fact that it is difficult to analyise the good projects but Strong projects can return good amount like Solana because the team is working very well on its ecosystem and many more i would not like to name any of them here best is that DYOR because giving any financial advice to anyone can be risky as well because if the listener makes any loss due to taking action on our saying i would say it a bad thing. |
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I think it's the mystery that will stay unsolved forever. He did everything to hide himself.
But indeed he has gift us with the biggest digital asset of the time. we all seeing many rumours like many are pretended that they have met stoshi nakomata i was watching such kind of video on social media a person was pretended to be stoshi nakomata. Thus, this is the fact this mystery remain mystery but before going away he have gifted world with the biggest digital asset. |
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