The real deal is actually the ability to hold bitcoin and some other Altcoin long term. Long term holding as it has been practice in the past has turn out to be the most profitable. Bitcoin and cryptocurrency in general have come to stay. Part of our future earning should be some of the coin we have bought now that should form a significant part of our profit in the future!
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If you have been paying needed attention to your trading history, you must-have discovered golden lesson that would have informed you trading skill and method in such a way that you can always win your trade! Your trading experience is your goldmine, you can always rely on it to make good trading decision!
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Bearish market keep repeating itself and making many people in cryptocurrency richer! Some regular investors may think this is the time to sell, but I think this is the perfect time to make money with bear . Whatever you buy now is serious bargain!
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Bitcoin is below $7000 and if you ask me about this situation, I will tell you that this is a golden opportunity to buy more Bitcoin. It is obvious that this price is far from the value Bitcoin should be getting in dollar terms.
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It is important for beginners to test the waters of trading with funds they can afford to lose or else they may run in to debt that will crumble their lives on their way to be financially independent!
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The higher the risk, the higher the reward! If you are afraid of taking risk, may be cryptocurrency is not for you! Everything in cryptocurrency is about taking risk and some times, those risk are not sensible! When the result come however, you will be glad you you take the risk!
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I think what is important is that you master your own method of trading. It will take some time for you to come to a conclusion that you have perfect and master your own unique way of trading but once you have your method perfect you can always win your trade continually!
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Forex trading is very complex to trade and you are also limited to how much gain you could make. Fiat based trade is debt and what you consider as profit may have been devalue based on many factors that affect fiat. Cryptocurrency is still the best. Cryptocurrency demand that there is development and value otherwise there won't be any gain!
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Penny cryptocurrencies may be very attractive to buy, but such coin may not develop to a point where you will make profit from them. If you are not familiar with the developers of such coin, my advice will be to stay away from cheap coin.
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Fear is the primary reason. People have been taught over the year to play it safe, never to live on the hedge and to always go for mutual funds investment that has very low risk and to be content with little!
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It is very important that you do not taking more trade than you can handle! Start trading with Bitcoin and gradually add solid Altcoin like Ethereum to your trading portfolio. If you venturing to another, make sure you know all that it is to such coin.
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Holding has been proved to be a solid plan in making profit from your investment in the future market! Daily trading however could be targeted at increasing your holding so that you could hold more for more profit in the future!
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You may get five steps and all sort of step in becoming a trader from various blog on the internet, the most important steps you will have to take to become a trader is for you to actually trade. There is no other way around it. The more you trade the better you become in trading!
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Dcentralized exchange that are based on smart contract are very safe! Smart contract can not be changed which means the moment you execute a trade there is no turning back or manipulation. Your address lock your trade and it is impossible for your trade to reverse!
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Skill is the number one reason why you make profit in the cryptocurrency market! You must be pretty smart to trade, position your trade and decide the trend and speculate accordingly. A bit of luck do play out as well!
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Anybody can be a whale if you have funding that can change the supply and demand of the market! Whales manipulation can take various form and shades! Selling perpetually low on the ask side of the trade could set off panic selling whole they position themselves to buy low on the bid side of the market!
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At very start of your cryptocurrency trading, you can not but be sold out and totally obsessive of your trading and investing. The early Day's of you cryptocurrency experience set a tone for how food you will become in trading and investing in the future!
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Following trading tips is your first mistake you will make as a newbie. Trade for yourself. As you trade and make discovery add mistakes, you will eventually form a pattern and method that works for you!
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Provided that you have capital that can move trade seriously., it hard for me to see how you can trade big and quick to land yourself in to fortune. Cryptocurrency trading activities take serious planing, time and luck for this to happen!
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If you are not buying bitcoin now, I wonder what you are thinking! The best entry is not static, it is always moving. You need to realise that all the projections and speculation are what they are! Making use Of them if they come to pass is more important to making it known!
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