Maybe because of the unexpected decrease of price or wrong decision that you have been made. There are lots of factors that you should consider but if you planned it well you can atleast minimize this risk.
We should always be trending towards low risky options. You may meet some people who always asking you to take risk. They are somehow true that one must take some better step to proceed forward but this decision must have some better consensus of how you take the lead for taking risk. Like in trading, there is risk but that doesn’t mean you go blindly and taking much more risks overtime. |
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Personal conviction is enough to get others enthusiastic about anything, and i think few here lack that where crypto is concerned. As for encouragement, one can only talk and explain the pros and cons faced in the crypto world, the decision is totally individual because a lack of education in this field has borne a great fear of the unknown. Even personal experience, though profitable, does not overcome the wariness and fear.
Encouraging others for investing in bitcoin is indeed a very good thing and that will surely help others too to have a chance of having something good in their lives. However, it is better not to convince others. Instead, you just need to tell them about bitcoin and the advantages they can have after investing their money into it. After that, let them think and decide what they should do so that they may not blame you for anything. |
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At time like this buy coins as much as you like then hold them, wait them to rise and sell. Just dont sell your coins because its price is drooping its normal every month the price go up and sometimes go down. take risk it can make your experiece better.
If we are talking about bitcoin then definitely, this is the golden opportunity to make big profits in coming days because it is at a very low price these days. If we give a good look at the future predictions, it won’t be any difficult to come up with the right decision. However, I am not sure about all the crypto coins. Other than few altcoins, none have any potential or trustworthy either. Bitcoin holders should hit the iron while it’s hot and believe me, it is hot now. |
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There's nothing called hold by trading. It is just a normal trading method. Buy at dips and sell at high. The only thing is that, you are trading with only a single pair and loosing all other opportunities. Holding is an investment method and trading is not holding.
Trading is a game of risk, Trading is a predicting short term price moving and holding is predicting the same price in long term. Cause of too much manipulation in cryptomarkets it`s hard to follow the price. Price tend to go up when no one is expecting, price can drop all of a sudden without any warning, what you think how that is happen? in theory it will work , but you will probably not be able to buy your coins back at one point . when you will sell for example and the price will go even higher , you can't buy the same amount of coins back . so at this point you will have to wait till it goes lower or take a loss and buy back at a higher price.
In one point you will sell to early, in others you will be late cause others dumped their coins already and you didn`t, in any case you will be short for fiat or bitcoins, whales earn you lose. Trading is risky work, if you want to be a day trader you need info to be faster then others, you need to be online a lot. I lost a lot with day trading but that was my school, in this market mid term and long term trades are the best, invest in idea not in the price, and you will see how much better that can be. Day trading is very time consuming activity. The foremost requirement of success in this job is to stay with the hourly changing price. Checking out the value every other minute can be very tedious, blowing up one’s mind. Above this, one should have a good idea of how bitcoin works on daily basis. Surely that is very different from its behavior on weekly basis. Day trading is riskier and trickier than long term trading but beneficial also. |
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All the activities which are enforcing you to spend more time with them definitely will lead to addiction. No exception with trading. We all need to be more careful to handle our depression as well as excitement so that we can avoid addiction with anything hence with trading too. Most of the times, the earning opportunities with unlimited potential or easy money making opportunities are easily giving addictions. But fortunately trading is profitable even it gives addiction.
But we cannot tolerate any kind of addiction even it will be giving profits or not. Because addiction will lead to disasters over time so they must avoid addiction even it will be supporting your living. When you are conscious with your responsibilities and other activities then you can simply avoid getting addiction with trading. In my opinion only people who are all looking for more money due to their greediness will get addictions more quickly. |
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In my prediction Bitcoin can reach that price but not this year, because now to many bad news and FUD in same times, and the market look boring now and need take rest. The price can reach that price could be in 2 years. Although adoption of blockchain technology now in many kind of industry but there are also many problem in cryptocurrency market like regulation and hacking.
It is really very much difficult to say anything regarding the market value of the bitcoin as it is too early to comment on anything like that. The market value will surely increase in the near future but you cannot expect this much increase in the market price of the bitcoin and that too in such a short span of time. It will take some good period of time for bitcoin to have this much of worth and that can’t be done in just one year. |
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Look Bitcoin will never die. When the price goes down the fees reduce and so on. It will always live out as a currency or a store of value.
At least there is always one good thing to look forward to. The fees have drastically reduced than normal recently and I get to wish it can always keep being this way. Although, several people have speculated that the adoption of segwit addresses by some users in the community and as it keeps growing has really helped and that is really a step ahead for each and every one, knowing that we have good times ahead of us. |
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I think if I lose 2,000$ in trading, I will forget it and try to find out the way to earn more than 2,000$ more by trading or any way else. But I think it'll be a big problem for traders with low capital, maybe it'll be a big shock for them and maybe they'll give trading up and never earning money with cryptocurrency again  And that is how smart people think. Sure, you will have to think of what you did wrong to have been able to get your asset messed up to that level, learn from it, and the see how you can get back without losing anything at the end of the day, considering the fact that as you are making more from your new trade, the good thing about cryptocurrency is that you can keep holding the old ones until they hit the sell target and at the end you are still winning. |
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When prices fall sharply is a good time to invest Fall sharply means buy more and profit more. Like most traders will always say, sell when there is a huge FOMO and buy back when there is a huge panic. It is a normal way to make good use of the crypto world to make some good gains, at the end of the day, with that you can never miss it. However, for someone who is in a long position, there is usually no need to worry and this should be a best time to buy and hold pretty good position for the long of it. |
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Not really sure of that, but I think if you make use of Localbitcoin exchange, the buyers will be paying to your bank account. As for receiving it with PayPal, Skrill and Western Union, you will have to find someone that you will get into a regular business with, become friends with them and make them trust you, while you also trust them. Just like me, ever since I started making use of Bitcoin, I never used LocalBitcoin or any of those exchanges, I sell to a guy I met on a forum, and he’s into exchange business. We’ve being doing business for a while now, and I’m always selling to him. He always sends through any option I choose.
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I have day trading because I think with day trade we can make our asset keep spinning. But I have hold some ETH in my side. I think the day trading or long term trading is same. It's depend to use to choise what we wont. If you not have time to watch coin movement, the best choice is long term. For me a day trade give me some fun, especially when our analysis is have a little wrong and we stuck in some coin.
Day trading and holding will be same only when you are capable of making professional like trading. I mean to say if you are a professional trader then you can find more profits by simply holding any asset. When you are choosing highly established coin then you can simply hold them otherwise you can trade them more effectively like you can be sure all the times your coin will bounce back whenever you find a downfall. Buying and selling at right opportunity will make more profits than holding. Day trading is not an easier thing for anyone can do. Only if you are good at trading like predicting market directions then you can go for day trading. But holding for long period will be easier and comparatively it may produce more profits. But all the requirement of holding is, you must choose right coin to hold. Because there are a lot of shitty coins are available everywhere and if you choose one of them and holding them will never get you any differences in your financial system. Yes, the main requirement of holding must be selecting the right coin. But if you choose bitcoin then there will be no other the hassles of finding big profits by holding. Because bitcoin is already a proven coin which will be providing enormous profits by simply holding it for years. Instead of risking with any other unknown coins, it is highly recommended to go for bitcoin for holding for long period. |
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yes, MEW could have been hacked and everything on the internet could be hacked, we have to be careful that it does not happen. make sure your data is safe, you do not share data like private key to others, and make sure your computer is also safe from viruses  As long as you are smart and you do not leave yourself vulnerable, it would be hard to get to you. It is just like a normal world where you leave your doors opened or use a very weak lock, and then expect a thief not to try to break in. What is important is once you are already aware of the environment that you are in, and then you should always keep yourself abased with all the necessary things to consider being able to stay secured. |
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Trading can be done simultaneously with holding. When the value weakens, we can hold, and when it has risen and gives profit then we can sell it / trading it. There are two advantages in one action.
To trade alongside holding, you will have to divide your funds and keep one in your wallet while you invest the other into an exchanger of your choice for trading. But I wouldn’t recommend trading much, cause there are risks involved, you might loose the money. Holding is safe and you won’t be taking any risks, the only thing there is that you might have to wait for a long time till you get tired. Both have advantages and disadvantage. Lol |
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What is your take on the market conditions? Do you think we are seeing this bullish trend (from the bottom) keep going to ath again, or do you think resistance will hit the uptrend back again?
What price levels are you watching?
I am watching 12k, but I am very bullish on the market right now.
I do not know if we can even call it an uptrend, we suffered a crash and the price is suffering a correction, most of the time we think of corrections as the price going down but a correction is just an adjustment of the market when there is a distortion in the price and the price of bitcoin was too low, so I think the market is going to stabilize for some time and move in a tighter range from now on. Right! There is always a downtrend correction and what we can see now is the value of bitcoin going to test the upper downtrend line and with the lots of bullish sign it has given, I would not be surprised if it ends up doing that. However, the breaking of that line is one thing no one can say now, and only until we can do that before we can actually say whether the market has switched to an uptrend or not. Let's see how long this correction lasts before we know where we are headed. |
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Can anyone help me to decide if what coin is good to buy now
I am not sure where you placed bitcoin as your topic and you are still asking the coin to buy and hold. Whenever you are buying any coin, I believe any smart investor will always choose bitcoin as their first option and the reason why every other coin is an altcoin is because they are exactly just an alternative. So, why go for an alternative, when you can just go for the legacy. |
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I am holding BTC, ETH for coins and VIB, LUN for tokens. Especially the last two imho have the chance to grow even more.
Well you are right there are a lot of coins in market that are no peak for demand such as you mentioned Ethereum, bitcoin and ICO but I would say the demand of bitcoin is much higher than any other currency, it will be more profitable as compare to other so I will go for bitcoin and will hold all of my bitcoin as it is increasing in price and people are investing more to hope 2018 will be the year of bitcoin. |
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I take care of something else, I do not look at the graphics, I try not to think about it, anyway we can not do anything now
Why you could not do anything during blood waves? Wasn't it a good time to get more coin while it was cheaper than what you bought before? If you did nothing, so you missed a good opportunity to gain more profit. Now the blood turn into green already, if you bought some during the waves then you have just made some nice profit already today. Unfortunately, most people don't usually see blood waves in that angle. While some are panicking, some are buying. While some are waiting it out to see their trade get back into shape, some are seeing it as a chance to buy in more to what they are holding until they hit the perfect spot they want anyway. A lot of people have different ways of seeing it, so I guess that must have been his way. |
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The governments is now happy because our leaders has learned to controls cryptocoins market by creating panic through using regulations to attacked bitcoin and blockchain technology.
I think the only way we can proof to governments that bitcoin is decentralized and governments cannot control it like our current financial system is to buy and hold our coins. When you sell outside your immediate need you are are helping governments to fight bitcoin!
we cant blame people if they sell , we have different needs in our life and the only thing for the others is to supply it by using bitcoin so how they will be able to hold if they have something to buy . Only big whales has the ability to do that for me . The OP does not know that the market is generally influenced by the whales. They know how to read emotions from the charts, they know what to do to drive the market down or up since they know when there are weak hands in the market and they take that to their advantage. Also, this is even much needed for the market anyway, bitcoin right now needed that correction and at least for now, we can breathe fine and know where next we are heading to. |
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I think everyone has their own strategy for trading. of course in determining the price of a coin we really need the information and price determined by a development. I think you can get a lot of information from telegram chat, website, ann thread, road map, whitepaper and others.
The thing is that we all can get the information from the internet at any time, but if cannot get advantage out of that information, than that information is nothing more than some English novel line. Those who have studied graphs system must plat it on the graphs to see the behavior of the market and try to exploit every situation where they feel that market is going to give them the advantage. Even for those who can get information from the net, they still need to do a thorough study on their own, rather than basing their decisions on someone else's opinion. It may not be right, but that person will know when it is not and get out while the followers are busy bag-holding. Better to always know how to understand one's investment and just use other people's opinion to back it up, which is also similar to trading as well. |
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I think you should look into the market, how the prices change in order to plan, and in business sometimes fail a few times is not a problem, that failure will give you more experience
Dude I think it is always better to be related with win and loss. You can’t learn if you don’t loss because what a loss would teach you, only win can never reach that level. Your qualities and strengths are only visible when you lose something that how can you rehabilitate and get back after some trauma. So yes, do welcome some loss in your life as well, not voluntary, but if it comes, don’t worry and learn. |
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