Getting help from a successful trader is good, but it is not mandatory to be successful in trading. You can start without a mentor, by reading and spending a long time getting the required knowledge about crypto trading from the available resources (there are many of such useful resources online).
you are right, but many crypto trading resources are hidden, many people can not be interested shared about trading knowledge, but I think that if you want to learn about trading so do not stop or ignored any resources. But at the end, it will depends on that people itself. Because even with same resources, same knowledge, people have different condition on their mental and that can cause big different at how pick a decision in trading activity. |
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Actually i disagree with some KYC when we want to buy something,but there are already on rules and we can't do anything to resist it. Maybe if you want, try to buy in forum and someone in your area.
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At the time of the listing after the end of ICO, the price often dumps. Why does it happen?
I think the reason is there is no buyer because of no demand for tokens since the ecosystem is not completed after the ICO.
It may be difficult because lack of funds, but I think the team should release a product like Dapps while running ICO to make token demand.
How do you think about it?
Big problem about it is, not gonna blame anything or no offense. But investor must know when they take profit from their investment. With discount or anything in ICO or maybe presale, investor don't need ICO price to get profit, and as long they already get profit, they will cashout their money. |
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The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
Don't push yourself, especially if you got easily to get panic. Train out mental in trading activity need time, and if that is only what your problem, then keep trading even loss or profit, try to hold your coins longer when it get down. |
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Hello, I am trying to find exchange volumes but I have find just the volume of last night on Coinmarketcap. How can I find datas of last years and months. Is there any platform which collect those datas?
And sorry, why coinmarketcap is just publish the datas of the last month, not more?
I think will need big data to show that all of things,especially if all exchanger and volume on them for a years. And until now i never see it, but maybe you can see and compared it only with daily volume. And like what everyone said, sometime they have fake volume, be aware with it. |
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I disagree with you, for 2020 I think the price of bitcoin and altcoin will go up in line with the good news that Bitcoin will get.
People will have their opinion, but it will be better if we have data beside of that. But if only hope for it, maybe a lot of people have same hope with you because we wouldn't let bear market keep coming. |
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Time has pass when news or listing pumps price of a coin,it isnt 2013 or even the same climate as 2017. Newer projects are building some serious patforms that take time. News cant just make a coin pump anymore, neither do exchange listings. Look at coins like Tron etc. being added to a new excahnge everyday. doesnt do anything. Its about results. No point in launching news in crypto environment, Hopefully you guys will join good projects with better future results....2019 is the year
common exchange not really give big benefit for project, not like in past. People must be remembered when a coin listed on Poloniex, it will get pumped a lot and people can take profit with arbitrage or maybe take benefit with that. |
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I just hope it'll be legal to Asia where I am in most of the time.  Bitcoin is legal in most countries in Asia and some are still in progress for regulation so it will take some time before the fully adoption on this continent and I strongly believe it will happen soon because Bitcoin became the trending topic in financial industry. In my country there are no regulation for crypto. But it is still better than make crypto illegal and people can't use it. But maybe if my country can accept it, it will be very good because i see a lot of people very anthusiast with this kind of business. |
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Which I know banks don't like bitcoin, Decentralized nature that makes banks dislike it.
it's impossible for banks to accept bitcoin
Right, and no need to force it bank should accept bitcoin. Even without banks, bitcoin still can be itself and actually adopted by people is already enough for bitcoin to keep steady in this world. |
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I have half of stacks in ETH and have a stop limit sell just under 0.0370 BTC. This has been a support for ETH and it is only 1-2% under its current value so even if ETH tanks further, I am not losing much. I will sell if it moves up close to 0.04 BTC, which I think might happen before the fork (before its descent).
It will maybe, because when almost hardfork, coin's price increased very much. But if hardfork already come, dump come and follow it, so it is better to out and take profit before hardfork. |
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Even experienced trader lose some money sometimes. And i think there is no trader who did not experience any lose. For me loosing some will make us a better trader. And if you want to be successful only trade good crypto that are well establish in the market.
lose and profit was unseparated thing in any market.even in real businees there is risk to that could make our business stoped.so please be aware with this, we have to face the fact we coud not avoid it. Everyone who want to jump in trading business must know this, so they not only think trading activity is easy thing to do and get profit or maybe hold coins that they already bought. It is good to spread trading knowledge to other people so it can help them. |
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A year or two ago, I was one of the lucky people who broke even with my investment capital and since then I made almost 800% profit on the capital that I invested in Bitcoin. I decided very early on that I would not have all my eggs in one basket and I started to sell some bitcoins to buy assets and also collectables <Old coins> to serve as a plan B. How many people sold some bitcoins for some profit and used that profit to invest in something else, just in case something went wrong with this experiment? If you follow the same strategy, please share your thoughts on what you are buying or planning on buying to distribute your investment portfolio?  Bought a house, but of course not buy it directly with bitcoin. And now i can rent it and get money every year, in my country rent house can do monthly or yearly, well at least it is good investment. |
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I want to dedicate my life to cryptocurrency from now till five years time and see what I can learn and make from it in all way ,is it a good path to follow? Is it wise to leave my crap job behind and be fully into cryptocurrency? Anyone on here that already did the same? How is the experience??
Not a wise decision to leave your job and don't let it make you regret. Crypto is not really good as main job, my opinion and i see my friends who already leave their job. I think you still can do your main job and crypto together. |
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There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?
It is absolutely a positive thing. the exchanges are becoming more advanced because the number of players that need them has increased. The stop loss is one of the best tools for to protect your investment I also understand this as a protection for traders, and this is important to avoid the biggest losses in trading. all exchanges should have this feature to protect users. Maybe in future almost all exchange will add that feature. Because in past only a few who has it. But maybe they have their own reason why not add that feature since first open their exchange, like bittrex for example. |
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Bitcoin cannot die under any circumstances. Ever! Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed. I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over. And I've thought a lot about the answers I got and continued to reflect. And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4QIf you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right? Anything is possible, especially when you said bitcoin is an abstract idea, when people loss their trust into crypto and community start to leave it. Bitcoin and crypto can die. But see this condition, maybe only little percentage that thing can realized. |
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I feel the market is done dropping, for the most part. It's corrected after the amazing bull run in 2017-18. A bottomed out bearish market is the best time to buy, imo. So in 2019 we should all be shopping for long hodls! I'm curious what other alts people are buying. I will be picking up ETH, ADA, XRP, WAVES, and either NEO or OMG. What will you be shopping for this year?
Still stay on Bitcoin and ETH, but maybe prefer ETH because i prepare for next HF. Don't expect too high about price but if can get free coins from that, i think it is worth to speculate and hold. |
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now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
Explain bitcoin to other people is good. But it is all depends on what you explain to them. it will be good if we tell them what actually bitcoin is and it's technology, not something that can make money fast. |
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I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning. Hope you will help me. Thank you.  This is what I call a newbie mindset from the beginning. They thought that they crypto trading is easy. However, a loss is part of the game here. No one has traded since the beginning and not suffer anything because its not possible. Unless you can go back in time (if you have a time machine).  . My point it, is not possible so you have to accept that universal fact. All the business in sometimes made you loss so we cannot trade without losses at anytime but made in huge profit will also be possible in trading so if you made lot of profit then you can manage your losses easily. Everything in this world have risk, if not want risk it is better to sit down and do nothing. And it is true if in trading, at least we can minimize our loss and it is better than we loss everything in our capital. |
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Not participated yet, i not really update with news from crypto and not save any coins much in exchange. But maybe that is what make some exchanger lock their withdrawal and make people can't withdraw from their site.
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Don't try trading everyday if you're not a PRO
agree. Remember, your goal is to trade well, not to trade often. Yes don’t make it only your habit infect you should try it as your source of earning so this means you need to fix a goal and then trade as long as you don’t reach that fixes price and then you can trade. For those who are yet not well experienced them should try long term trading with small amount of money as well as they should keep learning the basics of trading skills. A lot of people still think that day trading is something that can give them profit everyday with short term trading. They still didn't know if long term trading is not stressful as day trading activity. |
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