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You can keep trying man. Maybe you will get it one day. Irreversibility is the word in crypto transactions. And wallet hacking is only possible of the owner looseguard or give out his mail, private keys or phrase. Otherwise any hacking attempt is only a joke. Lets learn and move on.
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One of the ways to recover your loss in crypto is to buy a good coin at dip, all you need is to watch out for some coins that are quick to rise after a dip, like ONTOLOGY, NEO, ETH, EOS and co, these can give you decent profits and recover your losses at intervals. Never be greedy, learn to take it slow and steady. An alternative is to Invest in good ICO that can possibly give you X5 or more after listing.
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Everyone needs to master a strategy that is best for him/her. Hodl is good and requires maximum patience to be able to profit with it, otherwise you will be forced to sell at loss at a dip market. So I prefer to trade , sell high, but low and repeat it.
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Newbies are welcomed to the crypto community, first thing first, learn about the blockchain technology, learn about some good projects, learn to secure your funds and keep them safe, learn to trade or hold , and get familiarized with these crypto terms.
#CryptoCurrency Trading Terms and Meaning:
🔵#ALTCOIN = Any crypto currency other than bitcoin.
🔵#ASHDRAKED = A situation where you lost all your money.
🔵#BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
🔵#BEAR/BEARISH = Negative price movement
🔵#BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
🔵#BULL/#BULLISH = Positive price movement
🔵#DILDO = Long green or red candles
🔵#DUMP = To Sell off a coin
🔵#DUMPING = Downward price movement
🔵#DYOR = Do Your Own Research
🔵#FA = Fundamental Analysis
🔵#FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
🔵#FUD = Fear Uncertainty & Doubt
🔵#HODL = Hold/Hold a position
🔵#JOMO = Joy Of Missing Out
🔵#LONG = Margin bull position
🔵#MCAP = Market Capitalization
🔵#MOON = Continuous upward movement of price
🔵#OTC = Over The Counter
🔵#PUMP = Upward price movement
🔵#SAJ #CANDLE = Huge green candle
🔵#SHITCOIN = A coin with no potential value or use
🔵#SHORT = Margin bear position
🔵#SWING = Zig zag price movement (Upwards and downwards)
🔵#TA = Technical Analysis
🔵#REKT = When you have a bad loss
🔵#REVERSE INDICATOR = Someone who is always wrong predicting price movements.
🔵#RSI = Relative Strength Index
🔵#WHALE = Very Wealthy trader/Market mover
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I don't think I have to panic sell at any point. I sell my holdings in bits so I won't need to panic sell at any point even if it goes below 1000. I didn't buy at the pick, I am an early investor so am not panicking.
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Do you have any reason for saying this? Maybe a news, Technical/fundamental analysis for saying this.? I think you should review this so you won't mislead newbies to invest at the wrong time. As at now. Bitcoin is below 7000.
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This has stopped happening I think. transaction fee has reduced
and transaction speed has increased. So its nothing to panic about.
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I can confidently say there are no quick and easy means you can earn in cryptocurrency. You have to work for everything if you want a lasting profit. So clear your mind, go and study, learn more about investing and making good choices, also learn how to participate in bounties. After this, you can start to earn good reward for your knowledge and diligence.
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The most common problem to all exchange is security and liable to hacking which leads to loss of heavy funds. This is why it's advisable to store your coins in the original wallet and not exchanges because they can be hacked anytime e.g is the Bithumb and coinrail exchange hackings. So its advisable to just trade on exchanges and store in private personal wallets.
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Maybe you just need to do more study on the Bitcoin and cryltocurrency as a whole. You need more knowledge than money, so you can make good and wise investment decisions to avoid losing your money. After this, you can now look for money to invest and remember to invest only what you can afford to lose.
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origin is a very promising project with high security and good deal life use case.it will help to distrupt the sharing economy by removing intermediaries. Their blockchain platform will empower developers and businesses to build decentralized marketplaces. I think its a good one to watchout for.
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Honestly this times arw hard times and the crypto space is going through alot which is why the price is dipping. But I hope we all hold our stand and be firm because I am sure this time won't last long. Trade your coins, buy at lower price, and take profit. Repeat this cycle to increase your holding .
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Definetly investing is risky and every investors needs to cut loses , invest what they can afford to lose and invest wisely. Everyone should make deep research before investing in any coin and also be long term minded. Real success come in long term and not short term. So no fear or panic will make you sell at loss even if price falls.
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I dont think this estimation is real. Its just a mirrage to me. However, its attainable but not in anytime soon. I don't want to be given false hope and happiness because the present situation doesn't predict this but probably in some years to come.
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I think this is a good idea, but it will be too regulated and might turn out to be centralized. But generally, govt can back crypto or any coin existing that meets their criteria and have god realized life use cases. This I think will be better.
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Unfortunately for now nothing can be done done to this . everyone needs to secure their wallet with everything they can to prevent hackers from stealing their assests.
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I would say really its very bad and discouraging, but all I can say is that patience is needed in this investment space to make profit. This times are really hard and holding now seems a bad thing. I believe good times are coming and only patient ones will enjoy it.
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I think I have suffered something of such before and its very sad I lost all my Btc. I authorized a login alert in my mail while I was also trying to login at same time. Thats how I lost all my Btc. Everyone should be careful of exposing their wallet info and stop looking for free money.
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