|
#Join
Proof of Authentication
Campaign: Facebook, Twitter, Medium Campaigns
|
|
|
|
Some are still waiting for the price of bitcoin to go below 1000, and the only thing that I can say to them is that at some point you need to take the risk, that is what we are doing here in this market, at some point you need to decide that the price that you are seeing is too good to pass and that you need to invest your money, because if you don't then you're going to spend all your time waiting without obtaining any profits.
I am pretty sure that those people who said that wouldn't even buy it when it reach that price because they would say again that they are waiting for a lower amount. If you wanted to buy it then buy it for a price that is likely to be reach in the future. Sometimes this people are the nocoiners who weren't able to buy when bitcoin is at a lower price and they would bash bitcoin when it increase in price. Maybe they are glad that they didn't bought bitcoin now because it is stalling in price and saying that bitcoin would be worthless in the future but when it increase, they would say it is a bubble. No use convincing those kind of people because they would not buy now but later on, they would just regret that they didn't have a firm decision about it. |
|
|
|
In my young age right now, I was forced to search for a job and ended up in an Insurance Company. What I learned and reflected upon is that it is better to have that businessman mentality than to be a successful employee because PROFITS are way more better than SALARY. And that is what I will teach my children to be able to pursue a degree and a job that makes them entrepreneur than being a worker in a company.
Profit is way better than salary. You are on point right there. Even if you have smaller profit compared to salary, there is a chance for you to increase your profit as long as you do not stop and continue to find ways to make your business bigger and attract more customers or clients. It would depend on how much effort you exert to have more profits whereas when you are working for someone else, the more you exert your effort or work hard, the more richer would it be for the business owner while your salary stays the same. It would be better to teach children about financial education so that they will know how they can cope up with all the increasing expenses and find ways to earn more income. It would be better that while they are still young, they already know how to handle money. |
|
|
|
Technical analysis of cryptocurrency is indeed the primary tool you need to be able to to trade in a direction of profit. TA will not guaranteed your profit but will keep you informed and help you to choose your trade wisely.
Being familiarized with different tools in the market is a big help so that you can speculate on where the price might go in the future. For those who are saying that TA doesn't work in crypto market, maybe they didn't use TA but use news or other ways to profit but for those who are using it, they would say that TA does work including me. It is often useful when you use it in a high volume pair because most of the people there I assume use TA and some of the indicators that are often use are Fibonacci, RSI, MACD, Bollinger Bonds and Ichimoku Cloud. It may involve some mathematical formula but if more people use it, the support and resistance are most likely the same so it is like you can predict where the price might bounce because the same people also has that target price or level. |
|
|
|
small capital have many challenges such as the time period of getting sufficient ROI, with small capital every job becomes your job as you won`t have too much to outsource them. If a person with huge capital works 1 day you have to work 3 or more days for the same earning.
You have to exert more effort compared to those who has big capital because a 2% increase for them may be enough for them for a monthly budget while for someone who has small capital, you may need 5x or 10x of percentage increase for you to achieve it. When it comes to trading, you are expose to more risk because you will be trading more often but then the advantage to it would be more experience which you can use to have a strategy that will be the key for you to be profitable. You also tend to be more greedy when you have small capital. |
|
|
|
number one reason why people do not want to invest in crypto is that they have little or no knowledge about cryptocurrency and you cannot invest in something you do not know. secondly, I have discovered that a lot of people are afraid of losing their money and this has made them stop giving crypto investment a trial. thirdly, the previous failure is another reason why people do not want to invest in crypto anymore. trading crypto involves a lot of risks. in fact, there is just a little difference between gabbling and trading
Most of the people do not want to be involved in something that is not regulated because they immediately presumed that it is scam. In fact, when we have business transactions to someone and it involves a large amount of money, we would find a business license/permit first before proceeding with the transaction to see if it is legitimate and if they can't show anything then I would assume they cannot be trusted. The same would apply to cryptocurrencies. People wouldn't want to take the risk of investing into something that is unregulated because they cannot held someone responsible in case they would lost their investment. |
|
|
|
Ethereum and bitcoin I think that certainly in the next few years will still be a lot of devotees. for others I'm still a little hesitant to be kept in the long run
I would suggest EOS and VeChain because these two have good fundamentals and too much exuberance for this two coins. I wouldn't be too lax though because you have to monitor the movement of these coins from time to time because there may be some fortuitous events that may affect the prices of this coins and instead of having profits, you would end up at a loss so you should take profits from time to time. Even bitcoin if you decided to invest on it, you should consider taking profit since our future is not assured. |
|
|
|
I don't really trust the sites that put the ratings of ICO projects. Anyway, I always go myself and look at the site of the project in which I want to invest, or take part in the bounty of the company.
I don't trust the ICO ratings too because there is a possibility that those ratings were just paid. Those experts that give an opinion are paid to give the ICO a high rating to attract more investors. Of course, not all of them are biased but we should always be skeptic and do our own research if we wanted to invest in an ICO. We can see that by reading the opinion of the people in the forum, you can check how they answer in the telegram community and then check the on-going developments of the project in their sites. Participating in forums, conferences, seminars and meetings of the team has a big weight for me in choosing the right ICO to invest in. |
|
|
|
I would often smile because I had a worthwhile lesson. I am very young and have suffered many failures, this is just the beginning. Two months ago, my portfolio was down more than 63%. I was quite disappointed but I had a precious experience that was never invested blindly.
Good for you because it seems like you already get past of the period of bitterness and greediness because you were able to smile and learned your lesson. You just cannot avoid having losses in trading because no one knows what will happen in the future. What you can do is learned from your mistakes, be consistent in your strategy and follow your trading plan. The mistakes that I often observed is that not taking profit because of the hope that it will go higher and not having a stop loss because of the hope that it would just bounce. In trading, it is important to preserve your capital that's why you should know when to cut your loss. I would rather have a small loss than to see the price continuously going down and loss half the value of it and waiting for months to even break even and I am not even sure if it will even go back up again. |
|
|
|
Of course, yes! I do really believe that the future of Crypto is very bright. The crypto and blockchain technology is already arising and many are already getting into it. As long as people patronize the cryptocurrency, the brighter its future will be.
Yes, I believe that cryptocurrency has a bright future. If you can observe in our economy today, prices are rising and people are looking for ways to preserve their funds. One of the options of the people is gold and other precious metals but then they now have another alternative which would be the cryptocurrrencies since it is a lucrative choice but very risky. Given that we are almost in a recession, people needs higher amount to invest in precious metals and all they have left is cryptocurrencies which would be good because demand would increase and more exposure to others. |
|
|
|
the real economy in my country is not so good, in the sense that not everyone is open to seeing the benefits that can be with existing crypto business. or they do not want to know that. because according to them this is a business that is not clear with the results. so they prefer to work with extra energy and sweat with minimum wage.
This is the reality that most people believe wherein the more work you do, the more you earn but then due to advancement of technology, there are people who were able to work smart doing less work but earning more because they know what to do and willing to take some risk. The people who believe in hard work doesn't want to be involve in something that is too risky for them and it is more important to earn a fixed income even if they are already very tired working with less pay than to try earning in other opportunities that may pay them more just because they know no one that earns from it. |
|
|
|
By watching and analysing the market you maybe can get some signs of possible dump but still you can't know for sure. For that you would need a cristal ball.
But if you are a serious trader you will be ready for every scenario because you would know how easily market can change. Also with experience you will get some hunch that will help you to make the decision.
If you have experience then somehow you will be able to get a hunch that there is something going on. I have seen some traders who knows something by just watching the charts because the chart gives a story and you can only know this if you are trading for sometime. They are watching the price very closely especially the volume because you can see signs from that and the market cycle too but then there are times they failed to recognize it that's why they are always cautious in managing their trades and always have a stop loss and knows when to take profit. |
|
|
|
|
Show Posts
