and what? Who cares?
well, it’s quite obvious that ppl who r interested in crypto world would be interested in crypto history as well No, i mean you can google it everywhere, if they had nice crypto analysis or smth like this, that would be much more useful Google is best way to learn about treading as it has so many websites and it has good collection about project who use to teach about trading, there are many ways, we can google, we can use YouTube and we can also learn by making fine conversation with expert traders, so I think best way is analyzing and researching about trading. |
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In reality, numerous crypto enthusiast make news as a benchmark for moving and purchasing bitcoin or altcoin. They have the thought that news is one of the greatest variables that change value developments. Concerning perceiving and recognizing the correct news and false news that relies upon every individual, there is somebody who gets a message each time they will find out reality of the news and there are the individuals who get a message so they will choose to move or purchase without persuading reality the news.
Exactly, it's because this market is based on speculation. So any news that will move the price will be the bench mark of speculators. Just like what we have witnessed in the last 2 weeks or so. There's is a positive news about a possible Bitcoin ETF approval, many FOMO and thinking that this is a positive news and we see the price moves to $4k. However, when the news died down, so is the enthusiasm of the investors. That's why the price goes down again, unfortunately. Bitcoins is so much depends and influenced with the news as it moves up and down in price/volume according to the news. How many times we have seen that once there is some good news ahead, the price tends move fast and after the news, it tends to dump. This is now been understood by the traders and they trade based upon news. Good news and bad news are not only for crypto currency but it is all over the world, and it effect thing’s for sure, so there is no need to be worry or to make all this effect you as we know market is under correcting and you can get real information from market through your observation and participation, then don’t listen to them just spend good time in market and hold till end. Right it is not only cryptocurrency but there are so many other business which need this kind of patience and contribution as we know people are here all around us and some will say good, some will say bad but it is all in our hands to take decision, don’t listen those who are bad and will spread bad news to disturb market just be positive and try to spread only good news. |
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Bitcoin and gold share some similarities, so we could say that these some differences are not to be overlooked, particularly from a trading point of view. Why? Gold is still regarded as a safe haven, while Bitcoin is renowned for being a particularly volatile asset. Which is true. Greater volatility brings with it a need for greater risk management in the form of position sizing and well-defined stop and take-profit levels.
You analysis does not make sense to me because if you are talking about risk then it is there for all kind of investments, if you invest in gold you will face more risk then you are facing for investing in bitcoin because bitcoin has no physical presence, it has safe wallets to hold and it increases our money more than triple, but gold has risk to hold at home for physical presence at the same price it grows only few dollars for one year. Gold is a lifetime investment but in terms of making profit from it, it is totally far from of what it give to us by Bitcoin. Of course, people will absolutely looking for high gaining market no matter how risky it have as long as they'll have chances to double their money in few days unlike it can do for gold. In this event, may Bitcoin will totally surpass gold. If we talk about profit then surely nothing is better than investing in bitcoin because it has high potential and it makes money grow bigger than any other way of making money, other things is security if we will hold our money as gold, I am sure it will be risky because robbers will take advantage and steal our investment but digital wallet is impossible to robe. |
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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 ...?
I think there is something wrong in your mind, even the market was unstable, it doesn't mean We/You aren't able to get profit daily. That's wrong actually, instead this could be a chance for us to practice day trade as long as you know what you are doing in the midst of the actual trade in the actual platform. It will be all about users if he is good at day trading he can make profit out of it and if he is not good then he can lose, so if a person gets into something he must have good knowledge and information about it, otherwise it is good to trade for long term I am sure it can give profit without lose and it is successful trading, i am trying to learn trading skills to avoid failures. |
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The trend of crypto market still bearish and that why we are difficult to gain profit.
I agree with that, difficult for most traders because we are not that focus and smart. Though some can still make themselves profitable but it's not advisable for average trader to trade at the market situation now. Will be make more easy to earn profit in bull market, so to avoid loss only jump in crypto when the trend bullish only. And the problem is difficult to predict when bull market started, but history the price can give better prediction.
The law of average, that's the use of the price history, whatever comes up must go down and vise versa. Know when to get it and get out, right now it's the right time to get in because of the opportunity to buy at the lowest price. If you will take look of history I am sure you will be encourage because in history it has been rising and falling which made price too high as we can see today price higher as compare to initial price, so keep patience in dump and don’t let yourself get emotional if you see price falling just have patience, and wait, spending more time in market will surely help you learn and enhance your knowledge about trading. |
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This is my big mistake and my fault because i did loss alot of money in crypto market. Did not have knowledge about risk management and trading plan, too greedy is mistake of all trader. But from this mistake we can make our self become better and more expert in trading world.
Greed never teach you anything but only discourage you all the time, so if you are not having goo knowledge about trading I must tell you go and search about trading skills and then rejoin market so it will increase your profit strategy otherwise you will only lose your profit and your profit will shrink, so to get big profit you will have to avoid mistakes which leads you to lose money. |
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Make trading and do some campaigns, sometimes play, but you must bear in mind that you must be very cautious, especially in games and trade. Sometimes it is very advisable to read trade books, speculators and investors, they in their books give very good advice that helps to better understand the market.
Mining is out of sight from last year. People are now focusing majorly on the trading and some in the campaign as well. If people can learn the art of trading it can become a permanent lifetime earning opportunity and can make money. Agreed, huge investment upon mining has made a large cryptocurrency users face a big loss with the drastic fall in price which isn't expected. With the current price it will not profit users even to pay the electricity consumption costs. Very few countries provide with very minimal profit as the electricity costs were too low. In my country now a day electricity cost is not that low because we will have to pay high amount of bills and mining consumes high voltage of electricity that’s why I am not taking part in mining but being trader and an investors I got profit many times, now is again good time for investors to invest for long term and hold as price is really affordable while it has promising future for all investors. |
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They are made of course. I don't believe in people who were born to these or like that. Maybe some were really good at it but they gave passion and dedication on what they do so that is why people think that those people are born to do those things. But a trader still needs some required abilities to handle it.
There are people who have innate abilities and are good at certain thing for example mathematics. So there are people who are made for certain things. Had Keynes not been born in the sixteen century and if he had been born before that, he would have not been able to work on these economic theories. But even if you are not the chosen one, you can become an expert in any area in a period of six moths. It is our internal abilities for sure which makes us successful so the same way it is our internal fears only which gives us lose at the end, it will be good to have patience when you are trading as good traders come into being only when he follows rules and regulation to make income and to become a good future trader, so for me traders are made by experience. Yes fear of lose is really not good thing because it gives us discouragement and it reduces our money to half. There are so many traders who recently joined and some are old but only few are learning trading skills from birth because they had trader parents who taught their kids about trading since early age, so according to me traders are made with experience. |
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My suggestion is that you better look for good coins whose prices are falling dramatically, and now there are lots of coin choices because almost all coins are falling, one of the good things in my opinion is, Cardano, Steem and gifto, you can buy one of them
That's a good suggestion, the top 10 coins are falling actually and they are stronger coins compared to the remaining coins. Being in the top 10 means something big, developers will be more motivated to protect their standing, they are the popular in the market so that opportunity is big for the team to develop their coins for the future, so investors should look at this logic. Yes, choosing the top 10 coins that falling right now in the crypto market is a good decision because those coins are having a big possibility to give you a huge profit in the near future due to its active development and project that attracts the investor to support this coins. Instead of trying many coin I like to trade only with one coin which is profitable and it has good promising future, in prefer investing for long term trading and choose only bitcoin, it has high demand now a day which is pushing price ahead, I am sure very soon it will be high, try to trade for long term and keep learning about trading it will help you in future. |
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Sure thing is that this bear trend will not be forever. And those new investors and traders are losing hope not knowing that this is not the end of the world and that this might just to test their patience. Let's head up and look forward for the next big bull run.
It is crypto currency and it has anonymous nature as we know anything can happen and no situation remain forever so if price now a day is down there is high possibility to see it rising next few months so don’t worry just have patience and invest at this low price trend which is going to end very soon then we will miss the time to buy some more, so stress is not the solution. |
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nah not possible. bitcoin and blockchain ecosystem provokes a decentralized financial system that government wouldnt like at all. so i dont think governments can create or even support bitcoin.
Right it is very decentralized and it has no fixed value so in this matter government will not support it because in government system everything remains under control which is not possible in decentralized system, but if they tool hold by chance then it will no more interesting because the whole charm and attraction of cryptocurrency is because of decentralization and volatility. |
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honest now is the right time you can go in to buy krypto, because now you can still get more profit by waiting for a better price, seeing the price of krypto is still cheap, so you don't worry about getting into krypto now.
It is good time but we can invest anytime because it is volatile and if you buy at specific price it will be change someday so try to invest on right time so that when you will sell it price will be high, some people thinks high price is good to invest but it is not good way to make profit try to buy at low price time otherwise you can enter anytime. |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
but the future will be the decision maker for your economic changes because Bitcoin will not be give any surety about the future so you cannot see this will be happen only in the future but I think the economic situation of anyone who invested in Bitcoin will definitely get huge development in their life. It is all in our hands if we want to make profit from it or we only lose our income because in cryptocurrency specially in bitcoin every time you will have to face different time, as price will rise and it will get down too, but you will make profit only if you will buy at low and after that you will have to keep patience, foolish and greedy people can take this advantage. |
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Well even a well developed countries still not entirely cashless, I doubt it could be succeed in the developing country, it need a sophisticated infrastructure and all of the citizen that are aware of technology, the cashless technology couldn't be suddenly implemented, it need times and adaptation, so I will say for now the society still not ready yet, maybe if the government consistent in 5-10 years it will work
I agree. Here in my country it is too hard to adopt cashless society as we are entitled as a third world country where technology is something favorable only to the highly developed cities wherein lower status in the society seems to be the majority. Cashless may only be accessible to those in the middle class though if we are talking about crypto everyone could get in. Centralized assets such as credit/debit cards issued by banks are one sided. No need to be worry very soon it will be adopted by low status cities but it will surely take some time have patience I am sure all over the world only crypto currency will be there but till now we have almost 60 percent of countries living with only crypto currency but no cash and gradually everyone and every country is adopting cryptic currency as main payment resource I am hopeful. |
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Many people still not understand how to use digital e currency payment and make real cash money keep exist at the future, many time we got real cash money will be keep using by people forever and have easy to use it.
therefore, even though many people use digital currency, the paper currency will remain in place for a long time. so the future of banknotes is very good I am not agree with you because as well as I know day by day we are getting to modern age and we are in need of technologies now, payment with money has become an old fashioned way of payments, people are earning and using digital money more than paper money so in this age of digital system I think paper money will not live long life. |
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Rome was not built in a day, “Faceless, Paperless, Cashless” can be achieve but other infrastructure need to be in position. The willingness of it citizens is the starting point.
It is not created in day or two but look at the users who are happy with new system most of them are demanding changes, people who are modern and knows the importance of development are happy to see their society developing, so they are agree to give better response for new era of digital currency and after fully acceptance of digital money I think there will be no place for paper/ cash then. |
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what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
lol me too. But ı will not do the same mistake at the next bull run. I will start selling BTC after the new all-time high. Probably at 25k level. I will sell a small percentage of my portfolio and will continue to sell during the run. Surely we all should sell our coin if we see price is getting high as holding at green us not good choice and selling at red is not good, so whenever you get opportunity to see market rising to the peak it is good to sell as price were so high late in 2017 but hope is key of satisfaction, I am sure soon again market will rise higher. |
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Making ourselves better by not thinking too much about the burden is a solution that must be done to reduce stress in ourselves and this is indeed very evident at this time
Right it is not good to think too much or to take stress, if we really want to be satisfied make research about your investment and then after that never be worry what happens, just have patience and invest at red to sell green, stress will only discourage you that’s why instead of being worry just hold and wait for your good time. |
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Source code must be open to the public as much as possible if you are mostly relying to the codes. But for everybody's preference, it's about the team, the project on its own and the use of that coin.
I don't think ICO's are that much important nowadays especially with what we've been like last year.
Time will change as all time never remain same, if today things are high it means tomorrow it will be low again but it is about us how to deal with, buy more if you find it is low, same as last year I bought high number of coin to hold which is now increasing with time, before investing just invest a promising coin and search about its history to avoid scamming. |
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