This is exactly because the fee increased in bitcoins and nobody could change my mind. Bitcoin became something very expensive and people realized they do not just want to get out, they do not want to stay in USDT as well since usd loses a lot of value right now with over 4 trillions of it printed out of thin air.
So they moved to coins that they could use, they moved to ones that they could profit from but also send and receive without too much payment. I for one moved to wave for example, I still have a ton of bitcoin saved up aside but I use wave for payments since it makes things a lot cheaper, so for my regular business I do not end up paying a lot of fee thanks to that change. All of this high fee thing is basically miners trying to make money like they used to before the halving but it will definitely come to an end.
The wisest thing to do is to convert BTC into altcoins just to save the huge fees and that makes the market volume of altcoins are increasing. But this all just a temporary, when the fees set back it eventually getting back to BTC again and once the miners will turn back to their normal operation. In no way also that we can blame miners to demand such an increase for they are also suffering the losses and have to give them an understanding. I can figure out that people are learning already and that they become more concerned about the fees unlike before. |
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Not trying to be on the side of the miners here but let us look at it from this direction. These miners pay heavily for the resources needed for mining which spans from mining rigs to electricity. And also let us not forget that mining difficulties is up its only wise to understand things from the side of the miners also and not just think about us the users. With every halving comes a reduction of their mining rewards, they can only make up for their costs through the fees.
A reason that most users tend not to understand the situation. Halving won't be the advantage of miners, instead, that's their losses as the rewards cut into half. And only the fees that they collected is the way to help them out and could still run their business. Maybe it wasn't time to complain, instead, its time to understand the situation. As I saw this, miners aren't happy with the fees, they only do this just to cover-ups and able to sustain. |
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If you buy bitcoin or altcoins at a high price, you should not sell it now. Just hold it until reaches the target sell, and don't
taking profits too big. If you already reaches 3% profit sell immediately, it's better to have small profit but frequent. And I suggest
not using all the capital we have, save a part in stablecoins. So when the price of the coins we buy goes down, we can buy more
at a cheaper price.
That is the usual and best thing to do. Who can afford to lose? people will surely save their assets rather than to be stupid selling their coins even though they are losing for that instance.
@OP, aiming high is what we wanted but I appreciate your mindset to start aiming for small rather than to think big. Some traders would feel difficult because they want an instant win, aiming to gain million is just a day, won't make sense. Isn't an encouraging insight but a curse one that could certainly affect our decision especially in the hard times. |
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As expected all the time and that is volatility means. The ups and downs aren't new anymore and the sudden market change will be depending in the market flow. From $8k to $9.5k, then it goes back down again to below $9k.
In this kind of market volatility, we can't expect all the way at rising nor to see a continuous dump as well. This makes people think that crypto investment is a very high-risk investment and truly we can't deny that. Thus, if we can't adjust and adapt to the system, crypto investment is really hard for us and that causes failure in that case.
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Achieving your goal in 2 years is not an impressive thing to see. SAnd think many others have tried but nothing had ended great and successful. You have had that skill and ability that even how many courses you'll take, training's, ain't that warrant anything to become successful but it all just recognization.
There is no shortcut in trading and that you'll need to struggle (and that normal) difficulties for us to learn more. Thinking about the easiest way of trading is just a lie, definitely, you can't find it.
Since you already at the top, one more thing is to still keep learning and find the most effective way of trading. This is the only thing it needs to become profitable, not those courses or whatever it is.
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trading on the futures market makes me tired, i have lost $ 500 on the futures exchange,
i know my mistake is to want to have more profit and it makes me sick
You choose to trade and probably you are willing to lose either. But there is one thing you have forgotten is how to learn trading in the first place. Overly trading is not a good practice. You could think that we trade big amounts will eventually give us more profit in a short period of time? Not really and the risk you have face is very high and surely it is higher since you don't know much about trading. You are desperate enough to gain profit quickly and that is why you end up losing. We should have to be patient. |
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I am not a successful trader right now but I am on my way to recovering the money I lost. I used to be like you, always following signals in large groups and open orders according to their signals. But after a while I realized I was a fool, I never trade!
In order to be profitable in trading, we need to learn for ourselves and indicators. Only use the indicators that you trust the most. After selecting the tools, set the plan for the amount you are about to trade, which is the most essential management. Then follow the plans you have laid out. That's the formula and the steps that helped me to trade successfully in the last 3 months. Hope it helps you succeed.
That should be, no one could make you grow and become a successful trader but it is actually YOU. In this tricky market, following signals and other trading groups will eventually leading you to nowhere and even drag you the worse ends. That is why they created such groups to manipulate the market and fool us, but not the intent of helping new learners. I'm glad that you have finally noticed it and that newcomers will also realize how important it is to have confidence. And not relying on other's hands to help. |
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I understand how halving could affect the future of the market but it doesn't mean that we all have to rely upon halving asking when to buy before or after? We also have to consider some factors out from halving that could also have an impact on the market.
To this time, the market is rallying good and quite to see that ETH moves high together with Bitcoin and some altcoins. That, if we anticipate such a possible cause of halving, we better buy it before halving but too unfortunate that many we're missed that opportunity. But somehow, it is not too late to take the chance, ETH still not going far and still a good price to buy by then.
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To be listed at Binance, the project has certainly gone through many different stages and was censored very carefully. IEO at Binance is not easy, but if IEO is here, that project will feel very happy because making money and developing will become more convenient. However, these coins will usually be pumped in the initial period and will adjust when they are no longer interesting to investors.
Binance wanting to be transparent in listing and they will be sure that all their running project listed on their premises are legit. It will find it difficult for those developers and project owners who want their project to be listed especially when they have questionable team members and project purpose. That is one reason why most projects in Binance are soaring high and would probably have an impressive market growth. However, these gonna have the long assurance that it makes things to be good all the time, still, the market growth will also rely on the Bitcoin and that changes will come oftentimes. |
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Ok, so yesterday a coin I was holding, pumped.
The project and team sounds legit but since there was no product live, and from several past experiences I figured this rise is gonna be short lived.
It was true. But, I didn't sell (analysis paralysis), lost the opportunity. Feels like shit.
Life feels like a constant roller coaster of replacing one regret with another.
Feels like you've been in the last 2017 market surge, you've still held your coins for you think that it will move even higher but was a big surprise when it drops drastically and didn't even sell anything. Regrets are on the way. And yeah, it really broke us. That is the reason why I haven't in a long-term holding for I know that the market is highly volatile. Think that it pumps for a while but it drops a minute after, that was a lightning strike and surely we can't expect the sudden switch. A lesson to learn; *take every pump as an opportunity to sell, not to hold. *take every drop as an opportunity to buy and hold, not to sell |
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It is not really hard for Bitcoin to break this resistance but quite hard to think about this https://bitcointalk.org/index.php?topic=5249773.0. $10k is quite not far from the current market position. We even surpassing it early this year and there is no possibility that we can't make it to happen again. Though it was obvious that volatility is getting stronger but then, it wasn't closing the chance to fo beyond that level. I was speculating to achieve this goal in the 3rd quarter, not this quarter since the miners are having the shutdown's issue which could affect the trend. |
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We are taking the risk here, not all drops are good and not all pumps will be good as well. If you have a feeling that Bitcoin price will pump after this new drop, then you shouldn't have to waste that opportunity. Because to be honest, no one knows after this dump will it bounce back high again. I was afraid if you feel regrets because we are saying that this is the best time to buy and yet, it continues to drops more a few days after you bought.
I suggest you closely observe the market price change and this could help you to decide.
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You can't simply underestimate the capability of whales in the crypto market. They are so much influential as they have the money to play. However, as we all aware of that possible manipulations, we also anticipate it in a way of opposing their strategy. But sadly, not all of us are knowledgeable about this kind, and somewhat it hard for newcomers to escape because of their limitations.
It is to think that, we can't certainly eliminate this activity until such time that all crypto holders are becoming whales.
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Nope, I wasn't thinking paper wallet is the best option. Ain't that a reason having our wallet addy and private keys printed just to avoid from hacking but it only gives us difficulties accessing our wallet, typing again? No, it wasn't a comfortable way for me and the others also. We are in the computer era and that we move to paperless. I know to keep our wallet addy and keys to our laptop/pc is at risk but we have also another option is to keep it in a hard wallet if we store big amounts. In fact, for many years that I've stored my BTC in online wallet and keys are still on the computer but glad to see that it is still intact and no hacking experience.
It is not all about where we keep our funds but it really matters how careful we are in handling it and visiting malicious sites.
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To be honest, you are late already. Why you don't come back when the market drops or even before halving? I know trading doesn't have such perfection but having good timing will catch a good price to start and possibly gain more. Because if we are able to start buying when the market reaches its bottom at $3.8k early this year, it eventually giving you a chance to make it doubled this time. Quite that you miss something around.
That is very important that even you are out from trading you still keep tracking the market trend and take the best opportunity.
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You don't like the Muslims? The current world is very unstable, countries should not punish them because some organizations are not good. It will make the situation more complicated, hopefully the world will no longer have religious wars.
He probably terrorizing Muslim people and put them into discrimination. For millions of Muslims and probably 1% is having that criminality, besides, some of them are fighting against their Muslim brothers to protect themselves from them and saving other's life. But unfortunately, This kind of terrorism never have an end, they've got allies from other country and make them to still alive amid the continuous fight of their government. There is a political war involve in here and that it covers them. But this thing isn't a threat for crypto and there is no other one but our TRUST. |
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A strategy that works all the time - keep trading.
Indeed, its right if you are knowledgeable in trading and find it profitable than any other. That is all about finding the best place to keep our crypto assets grow and have to focus on it. It somehow, many people are not good in trading that is why they'll need to find another and that probably holding and selling their skilled service will help. And of course, growing our Bitcoin isn't instant, it takes time the same thing as we find ways to help it out. But if we are in a hurry, being impatient person I'll doubt if we could able to stay in crypto. |
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It is a big help for holders to keep safe their assets in this volatile market but wondering if all reputable exchanges have that OPTION button because usually, I found is only a stop-loss option. I don't think that noobs will find that impressive or even not use this option.
For it knows that some holders aren't thinking that way but just a simple holder who waits for the market to rise and then sell. I hold some bitcoins but I'd never had that strategy because even we use it but still we can be lost. And I don't think we need it if we always tracking out holding every day.
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It will depend on your qualifications and skills you will invest or trade. Both are exactly if you can choose the right currency at the right time before investing. Otherwise you will lose your assets. I trade myself. In my experience investing in shitcoins is very risky. But I think it's safer to invest in Bitcoin and Ethereum.
I don't think about qualifications but most important is that we have knowledge of crypto. It won't be hard for you to decide which one but must have to think deeply considering that your capital is not big enough to cope with both trading and investing. We understand the higher risk in trading and if you are afraid to take the risk, investing will the right choice for you. But don't think that it will give you an easy and quick return, of course, it also depends on the market situation and on how you manage your funds. |
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You are absolutely right this is the time to get an online job and the best option is the crypto platform as the only crypto market is moving up all other industries, fiat businesses, exchanges are going down due to COVID-19.
May it was the best time for crypto investment but then, we have to look ourselves also if we are totally suited to this or having enough knowledge. Don't go swimming if we don't know how to swim. The same thing that we don't jump into crypto if we don't know anything about it. To tell you guys, crypto doesn't work that easily. It is not about the pandemic, the crisis we face today that pushes us to invest in here or even do trading. But actually, it is because we find this as an opportunity that even without pandemic we can still in here. |
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