Sometimes most of the traders will loose their confidence due to market situation. There is no choice for us after investing into cryptocurrency we have to wait until the market starts recovering otherwise we are going to loose value in the market.
I think that those people who are new in the market and have little experience to make things possible and get the jobs done, they are the people who loose confidence in the cryptocurrency upon a price fall and stop investing more. I believe that you should be in the market only if one has the information needed and which can help you take the best step upon countering a crash in the market. |
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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. |
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I am wondering what I will do during the next bull run. Here is one idea: Buy $XXX amount of Bitcoin every increase of $1,000 and HODL until a certain limit. Or Buy $XXX amount of Bitcoin every increase of $1,000 and then Sell for profit.What about you?  It may surprised you to Know that we are in the bull run now so what ever you have to do now you do it before is too late for there is no warrantee in this market and I have known that a long time now. Do you remember the boom in 2017? People want that boom. You know there is a concept of maximization of profits and according to the analysts, if the market could go as high as the peak value last time, it could go again so people are going to take it light what you call boom. But I think you are right because this is what motivates me to enter in the market and start the job. |
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I think cryptocurrency is good for investing now for myself, bitcoin and ethereum are suitable choices for the long term. because now the price also starts to rise.
For sure market is full of promising and best coin but I will prefer investing in bitcoin and after bitcoin I like to invest in ETH same as you, I like both but bitcoin is certainly my main and best choice, but in case of token ETH is fine to hold for long term, so both of them are well known huge potential crypto currency with high market capitalization unlike others. |
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Everyone has the experience of each and also they have benefited and also benefited from the experience as an experience. this is a big advantage for those of us who are familiar with cryptocurrency
if we familiar with cryptocurrency and understand about this market, i am sure we will able to take alot of chance to earn money.i think its be our lucky that we know about crypto market.moreover for bounty hunter My family is well aware of crypto currency and they know about it how to invest and how they can make money with help of crypt currency so investment, bounty joining and making trading for long term always keep happening in my family, thankfully we never suffered lose infect I am richest person of my family now a day. |
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If everyone can have crypto currencies on their own then it won't have any value.
So they need to use single or multiple crypto currencies to have demand for it which are created already.
Yes it is bad for the fiat economy and it will cause no inflation so most of the prices in this world might fall.
At first I will say it is not possible at all and after that I am agree with what you are saying that it is not good for our country economy, because crypto currency is being use as payment too, so if they will use their own crypto currency it will be hard for market holders to access so many coins are the same time, and profit will be equal to nothing so I think it will leave bad effect on our economy. |
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Yes, the obvious bull market will start fast and aggressively. I agree indeed. Yes. This is true. Quadriga and Cryptopia. Recent stories. Both of them sounds dodgy like hell. We need to sort out these issues if we want to see any mass adoption. I am optimistic and these issues will be sorted out so mass adoption can happen.. I think cryptocurrency need mass adoption and proof of transparency.People feel how can they trust crypto if theres a lot of scamming and inside job hacking happen to trading exchange. Some people are greedy of money that doenst even belong to them.
These incidents aren't the few bad events that happened to the market.
There is mt.gox, et. al.
The story of Quadriga CX isn't really convincing and we don't know if it's a real one. If ever it does, RIP for the CEO but for the customers whom he has left thinking about their funds are on bad mood.
Be patient.
The moon is coming, Moon will come without any confirmation that we ever entered to that phase. This is also an issue as know many people use to sell for panic only because they are lack of knowledge and that’s why they give up on their investment, it can give us profit for later if we will understand the terms of investment for long term surely those who are selling and making price get down will cry someday, but the main problem is only panic sellers. |
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Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?
The goal for Bitcoin is to become a way of payment but now it is used as speculation instrument. So I'd prefer to use Bitcoin for online purchases but now market is not ready for it - the volatility rate is high enough and transaction speed is low. So there are not many services who accept Bitcoin. people will start using it in their daily life only if their are merchants who are accepting btc as a payment. For this the government or country has to make some favorable laws so that merchants start accepting it and as a result many thing would go digital as against the fiat. It is all about accepters and users of bitcoin but in case of acceptance there is no problem because there are so many shops accept bitcoin to buy goods, I also do like using bitcoin for buying anything because it is easy and safe, but in some places it is hard to access so I think better holding and saving bitcoin because it is wise choice to hold your bitcoin for growth. |
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I think cryptocurrency need mass adoption and proof of transparency.People feel how can they trust crypto if theres a lot of scamming and inside job hacking happen to trading exchange. Some people are greedy of money that doenst even belong to them.
Surely I will be agree that the main problem for crypto currency market now day is adoption but externally no matter how hard we think off we can’t really get the real point behind market problems, so some of them are, panic selling which makes price get down, no faith for holding as people are not ready to hold and they are greedy enough to get fast profit which is making market unstable continuously. |
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It's very normal to sell what ever you have using crypto as a means of exchange. Crypto is as same as money, it's just like accepting foreign currency during transaction . For instance a Nigerian trader is accepting dollars instead of naira , so at the end of the business the person can still change the dollar to naira and crypto is acceptable by people that knows it.
Yeah by accepting payment by crypto or bitcoin, it will increase the potential of existing buyers, because the crypto market certainly covers the entire world market right, I sell my goods also in this forum, and accept payments with bitcoin, it's the same as making transactions using fiat That’s really nice to see how people are now using crypto currency rather than fiat, you have experienced all this I am sure you must enjoyed a lot this is really good to see how people are being excited to sell items of their own choice for bitcoin, there are so many shops who give and pays with bitcoin so you also can visit their website for online selling and purchasing but be careful not to trust scammers. |
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Bitcoin online market always unstable in nature and not in constant form .. today's market is dumping,and simultaneously tomorrow market will hit high.so don't fear at all , please patients in dumping situations.
Thats right, that is common thing in the market, indeed sometimes falling prices require a long time to recover, but the upward trend will definitely occur in the market, only a matter of time. so why are you scared? the main problem is doubt, so get rid of that when you have bought a coin Yes having doubt on anything will never let you enjoy the real benefit of that specific thing I am not talking only about investing in bitcoin but also in everything as when you decide to take a step just have good knowledge and then don’t put that doubt in your mind so you will never suffer at any field of life but you always win so no need to be afraid of it everything will get fine very soon. |
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May 17, 2013: The first major Bitcoin Conference was held at the San Jose Convention Center.
August 17, 2012: Bitcoin Savings & Trust, the biggest Bitcoin-based Ponzi scheme, collapsed with victims losing millions of dollars.
November 19, 2009 - I (typo) Satoshi created the Bitcointalk.org site.
Thanks for the facts! Ill add them now Wow this is really helpful to us and that’s really nice to see how deeply you searched about bitcoin, it is remarkable increase in price with every year and having this mush potential is not possible for any coin now a day, this is enough for new investors to like and invest in bitcoin for such amazing performance year by year. |
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Stopping lost is sometimes are worth it because people who do way to cut their losses if the market really dump peopleare selling their coins but not mostly it is good because for sure market will get backa again the value and you will not get money because you stop your losses once you take a risk possible get mode money.
Same as now, it is not good to sell or to panic our coin because I am sure market will get back to right path again so why to sell when we have good chance to make profit instead of only sopping our lose, if we see market getting down it is good to buy some more coin at affording price than taking foolish decision of selling our present coin at panic price, I only suggest you keep holding your 2 percent will become 10 percent very soon. |
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I am of the opinion that the news always influences the cryptoc arena market movement when we get news from any source, especially from highly trusted sources, so that it will change crypto movement especially bad news, it will have an impact on price and movement.
That's is right, the influence of news can bring a positive movement in the market or it can also make a bad situation but it depends on how they were going to delivered the news which the listeners or the audience will get interested to it. Seeing many people and investors making news as a guide and benchmark for buying and selling crypto, the news plays an important role in changing prices in the market. so the media and the government that control the news have a big contribution too Media should take part in promotions of crypto currency not in demotion as people use to take all this so seriously and when new investors use to listen some news about price falling they get emotional and sell their coin for panic which is lose and panic selling makes market really down, so it is not good to spread negativity by trusting bad news infect we should try to encourage the victims. |
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It's seems they haven't prepared for that situation. They thought crypto will always in good fluctuations market forever. That's the problem of several newbies who directly invest in crypto without knowing it well. Even if they do know it well they dont have the patience to hold it. There will be rise and falls and if they dont take advantage of those then they are the ones to blame. You are not going to keep on holding after your buy price has been reached and crossed during a bull run. Sell it book the profit and wait till market drops again. Again fractional selling of your entire asset is important here. Some spare ammo is always good.  However, they have still chance to regain their losses, by buying now crypto, especially in bitcoin whereas still in a low price.
Of course they are always going to recover losses if they are willing to wait it out and rectify the mistakes if any. But many of them went broke after the dump so probably they are not going to buy any at low price now. It happens when they are not aware of trading that what trading exactly it, trading without any experience can make us suffer lose but the reality is nothing can happen without experience as you said some don’t want to buy at red which is high mistake, so make your experience quicker and easier as it will give you profit as well skill but when you are not having any experience try to trade for long term than for day trading. |
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After investing at the higher prices we need to hold them until the market starts recovering because if we sell them at the low price definitely we are going to lose the value. It is always suggestable we shouldn't get into a panic when the prices are going down in the market.
when you invest it is better you choose coins that have the potential to be able to provide a very large profit for you and as much as possible not to hold coins too long because the current coin price movements tend to fall so you have to be careful when holding large amounts of coins . Yes while choosing a coin don’t be hurry but try to choose well and make good research about the coin you are going to choose, so jumping in river without having any idea how to swim will be your mistake for sure, the same way of you will trade and buy coin without any knowledge and informant will be your mistake or if you sell for panic will make you suffer lose. |
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it is not for everybody.
That's totally true. Daily trading asks for time and feel of the market. Add to that daily targets should not be super high or super low in another case you may take for long to sell/buy. It is really not. especially to our current market situation which is bearish and the chance of having profit on trading is very low. Daily trading requires full time management on the market and this is why it aint for everyone. Surely if you want to make money you will have to manage your time according to current situation, you will have to use your time for money making in day trading, it takes skills so that’s why it is only for those who are having good trading information and knows all about market rise and fall, daily trading gives profit but being emotional be bad so don’t be emotional. |
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little  Some people expect when they invest in crypto they will earn fast and more profits, but its defend in the market situation and how many people use cryptocurrency, for me investing in cryptocurrency is a long term investment. You need courage and patience to do this. Nothing happens faster or in days because if you are planning and hoping to have something bigger for this you will have to wait for fruitful result, otherwise being rush to reach your goal you will get distracted or you can take wrong decision which is all about lose, to prices in market are getting better now and things are getting back to the track to have patience and wait please. |
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I myself prefer bitcoin trading than stock trading because according to me trading bitcoin is easier than stock and the fluctuations are also not inferior to stock, and many forex and stock traders move to bitcoin.
That seems I am not the only one who is ready to choose bitcoin for trading, it is really beneficial and it gives more profit than stock trading that’s why so many people like to choose only bitcoin, the can be access anytime and anywhere, as for this you can use anytime without going out for bank or ATM service so it is so easy and reliable. |
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I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
Early learning is that we can read charts from the market. this is our important point to be able to trade so with that understanding we will be able to get the next learning. understand the market situation That sounds nice that everyone should learn how to trade and for this you will have to take good interest and never get hesitate to learn from people, try to communicate with expert traders and get helpful ideas from them,. Knowledge and information can make you get successful trading, for best trading it is important to have good trading mentorship. |
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