My portfolio cryptocurrency has been depleting in dollars terms since the commencement of Bear in January. I have lost up to 80% in dollar term but I'm not bother. Nothing has happened to my bitcoin. My bitcoin is still the same.
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Your first point of contact in life is your family, and having relate with your family members since cradle would give you an opportunity to talk and convince them in to cryptocurrency. Your family members are likely to listen to you than strangers.
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One thing about your market view and keeping the record is that in cryptocurrency, what work yesterday may not work today. Cryptocurrency market is the fastest market I have ever seen. Everything changes.
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Job naturally has it's own demand, combining job demands with trading cryptocurrency can be a huge task but I do think that is doable. Just plan your work and follow the plan to the letter.
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Trading has always been difficult and challenging. There are been time I felt like giving it all up. Trading can make your day or ruin it. To be candid, trading is such a difficult job. But if you trade successfully, you will be proud of your achievements and be sure of your capabilities.
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Depending on your plan and objectives and your speculations. If you hold ethereum up until now since it was selling at $1300, I would say it will unreasonable for you to sell at these prices. If you bought around $500, you could sell have take few losses and hold the rest.
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Definitely! The higher the risk the higher the reward and deeper the loss if it happens. I have taken bigger risk this year add I have been burnt badly. You must decide what is right for you because at the end you are going to be reaping the fruit of your decision.
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When the price come down again like it will at some point in future, you must go back to the reason why you are holding your coin and be sure of your decision is that when the ugly or success happens, you can be proud of your decision either way.
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Making money with cryptocurrency is more broad and require dedication and commitment. There is know special thing to do than what is been done by everyone. You trade, invest, mine or provide services that target cryptocurrency users. How well you do these determine your profit.
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It is impossible to time the market. I would say you should be buying every dip because that way you will not miss any bargain been made available by the market. If you are short on finding, plan your purchase downward.
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Start to trade on many partially decentralized exchange and if you don't know how to do it, check YouTube videos for guidance. Decentralized exchange is said to be future of trading. Start using it now.
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Trading without knowledge is like walking in the dark alley way to home. You may not get home safely because you can't see properly. It us of uttermost importance that you know what you are investing into adequately so that you can make decision that favour your bottomline.
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Patience is virtue and strategy in cryptocurrency trading and investing. Without patience, you might consistently lose your trade. Patience is what makes your investment mature and your speculations become reality.
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Ethereum value still priced against bitcoin. Ethereum is not valued on it is own. Just like every other Altcoin, whatever happens to bitcoin affect Altcoin. And historically Altcoin usually respond to volatility of bitcoin both positively and negatively.
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It amazes me how people love to throw numbers in cryptocurrency community. Bitcoin is been attacked continually with Negative press and FUD. That does not mean bitcoin will just fall to the ground because of negative news.
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Not all but eighty to ninety percent of my fund are in bitcoin. When it comes to cryptocurrency, bitcoin determined the pace and the success in cryptocurrency market. It therefore a wise decision to place larger part of your fund in Bitcoin.
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Trading without knowledge of the coin you are trading is like working in the dark anything can happen to you and you can even kill yourself unknowingly. You must be adequately inform about your trade so that you can make right decisions.
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Simply because you have a bad day with hitbtc doesn't make it S crap. I have been using the exchange for many years and I have no bad experience with the exchange.
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I do this all the time in my family gathering. Some of them can not just understand it and for some that understood can not get themselves to start. They are so used to their brick and mortar work that the cryptocurrency doesn't make sense to them.
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Loss is part of trading and no matter how careful you might be many times you still experiencing loss. Although, some losses can be prevented if you know what you are doing and you stick with your plan.
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