Though holding is a good option to take especially during the bear season but couldn't have an assurance that we can be of big profits for holding it for many years. Remember how much it drops after 2017 Bullrun and those who invested that time, I don't think that they could still manage to hold their bitcoin until today. Thus, it simply means that holding doesn't warrant anything, we still need to listen to the market flows or otherwise, we are just holding for nothing.
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I couldn't hold it back any longer; as I have sold off my major portfolio because of Christmas celebration. This hold started from last year July, 2018 and now, couldn't hold them again as I have sell off my assets because of the pressure from the family members. After the sale of this asset this evening, I was perplexed as how much I just dumped, all in the name of Christmas.
What are your experience: positive or negative.
Do we have another choice? Maybe we don't have and somewhat we are sacrificing some for the sake that we can help our family. Not a usual thing to happen but it could be, and I will be one of those. But I'd never have had regrets cause it to have its purpose and we helping someone important to us. Though it looks embarrassing but somehow we think that it be gonna be happen and losing is a part of the investment journey.
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The purpose of having a lot of market exchangers is to have an option that traders could find it comfortable with. Though we are flooded with market manipulations and of growing numbers of centralized exchangers but I couldn't think that we are about to leave what Satoshi's idea of being a decentralized one cause still a lot of reputable decentralized exchanges that keeps supporting this.
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I understand you are very frustrated after losing a lot of money from Bitcoin and that is a risk in trading. You don't need to make negative reviews about Bitcoin and China, I don't care about that country because I'm sure China won't be able to control Bitcoin. if you feel that Bitcoin cannot give you profit then you should invest in other coins.
The disappointment of bitcoin is flooding in the past few days, the value has gone down so much, almost all of us are in a loss phase and I'm not too surprised when many people suddenly got mad and advised us to stop buying bitcoin, even negative about it but agree with you, complete control of bitcoin is not possible with only one country, this is a plan of many whales around the world. When the desperation has accumulated enough and reached its peak, Bitcoin will recover and then our assets will follow, but we need to maintain a positive attitude. I believe it was just because OP is really mad at the current situation but thinking if one or two countries could manipulate the market, I don't think so. Bitcoin is a growing investment which people would like to participate with and earned success in the future. But somehow we need to understand how the market-driven by whales which totally affect the trend. And not a thing we have to worry and lose our hopes but instead we need to keep believing and put trust into it.
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tips to watch out for in trading with high volatility are: - keep track of prices - stay calm in trading - doing analysis - don't panic - using scalping techniques - does not set high profit targets. - when you have prodit, rest. And trade tomorrow.
I agree to some of these; *stay calm *don't panic *doing analysis This is all about controlling our emotions. Most of the time we experience price fluctuation which I don't think we have to emotionally stress our mind and think about it all the time.
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HitBTC is the 2nd exchanger I'd use after Etherdelta. I have no problem that before and the volume is still good but it has a big difference by now, a lot of complaints arise. But KuCoin did great and so people would never give their best shot to HitBTC if they know its performance. If we are looking for an exchanger to used, it is important to review their feedbacks for it will show how they care about their clients/traders.
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Let this person think out from what actually Bitcoin/crypto works, nobody would believe him for sure.
In fact, nobody is forcing us to invest. People have a positive insights towards bitcoin that is how they look into it and being profitable is very enticing which actually most of us here experience. For I don't think that OP knows about what he says but that is his opinion.
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It's nice to see libra on the news again. The last time I checked the coin was having some regulation issue which I believe was going to sniff life off the project. I wished the project survives the United States regulations, though am not positive about the project based on the challenges I've read.
I want to be optimistic about this libra blockchain project but i never seen mark as the CEO of facebook heralded this project to the public, he as if pretending this project won't have a serious treatment from the facebook company itself. And also many people are doubting this project. We hope they will make something new which can attract investors to invest These triggers people doubted and think that libra couldn't be a trusted coin. Libra still in the question and regulatory board can't decide for it cause of lack of supporting documents need to secure. If these issues can't be solved, It probably we can't see Libra in the market nor to expect that this coin could help the crypto market journey.
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And yet, we have to foresee another decade of a crazy market as well. Yes, we are still struggling for now and some say "a stormy life of crypto" but what it actually emphasizes is that crypto market needs strong support as this is a helping tool that could bring it out from that stormy condition otherwise, we can't see another crazy market again.
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Hate to admit it, but I have done that. I've also used one of the computers at work to post on the forum, and I've done deals for bitcoin as well. Fortunately my boss really doesn't care as long as the sites we visit aren't going to be putting malware on the computers, and there's a lot of downtime at my job anyway.
On the other hand, I try to use my phone for trading and related activities when I'm at work. I don't like the idea of leaving a trail on a computer that isn't mine.
Me too! But I am using the company's internet connection not the pc, because my bosses will see what I am doing, also my workmates arent reliable enough, once they saw what I am doing aside from they will becoming curious they will start making rumor and will tell my boss. It can be a reason, of course, that is the company properties and they could think bad about it. Aside from that, they could think also that you aren't doing your job as well. That is why( for me), I'd never do this, for sometimes I have some glance using PC but only when I was in a break this is to anticipate what the others can see.
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5. according to the records , if you find something wrong with your trading logic, fix it
All of you mention are more important for us if we doing in trading. And Ill agree with this number 5 in your list, Because they have time we are make some mistake in trading on why we are losing some profit in trading. So we need have some records of which are we have wrong for trade, So that we can fix it early and avoid it if we trade again. It was risky if we are in trading situation so thats why we need more plan and strategy for trading. Finding solutions to our mistakes is really good but don't just stop to that, the most important thing is we need and must have to do is to don't let it happens again. Most traders come to lose their funds cause they don't consider trading as a serious task (which I believe it was). Then I have to say that, having a concrete plan is very important, not only that it will guide us but also it helping us to find which part we've been wrong.
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France has a good approach towards crypto since from the start and it actually doesn't bother them what false accusations that other countries have made. This kind of development is something could help to attract their people to engage more in crypto especially when they launch their own. Though this is not new for us to hear such good news cause some country has started to make it also but helps to promote crypto globally and find its advantage over fiat.
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Depending on the signal provider, some trading signals seem reliable, while most are actually not. The risk of using trading signals solely depends on the individual. I think analyzing the market yourself is the best, so, as to differentiate between good and bad signals.
Yes, it can be a sort of but we can't just rely on it. If we are aiming to succeed and become an expert trader, we have to build our own backyard, put extra effort to find strategies that we could use in our daily trade and not just keeping those signals that even it is coming from reliable source. Cause anything we do will also reflect us. Having those signals won't give us an assurance that could give us a long-term effectivity.
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Do you ever trade at work or trade on your work computer? Any reason why you think this might be a terrible idea?
I admit that I was doing it but I just doing it when it really needs, and only I did it when I was in the break time. Of course, we know also the possible risk when are at work, focus and time involved in trading cause it could be different when we are doing it without the hassle and at home. Cause the more time we spend on trading, the more efficient we are.
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