Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
If you are trading and putting a cut loss on your trades will it fine if you know how to recover your losses on your next trade but if you don't have the strategy to do so, will its better to hold it and wait for it to grow than to sell it with loss because eventually coins will bounce back after a dump. |
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I think the whales are the one who control the market because of their big holdings and if they have already have gains already they can easily exit and buy back their coins on a cheaper price hence they will still have gain because of they know many of us will buy it too tell the price is on uptrend.
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I prefer to hold ETH than waves because I see the potential that ETH will be the next bitcoin.
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Now that Ethereum are used by most ICO's do you think before the end of the year (2018) ethereum will go up to 5000 usd ?
Because for me I believe that ethereum has a potential to get that price before 2019 . What's your prediction ?
Ethereum has the potential although it won't reach $5000 this year because ethereum only moves slow but surely give us the gain we want. |
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give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
Altcoins are connected to bitcoin if bitcoin falls altcoins follows because if you are holding altcoin you will surely lose in conversion. |
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So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.
Have you noticed the same thing?
I agree with you, mate. All are connected to bitcoin and without bitcoin they will fall as well. |
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NEO is just getting started and will take a while to pump. This project has the potential to grow in long term but in this market today its hard to say because altcoins are falling with bitcoin.
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Simply because I earn money more than my salary and for that I can buy things I want not depending on my salary but the gains I got from crypto.
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Sorry to hear that buddy. Yes, we should always check the addresses that we use to send coins because it will never be return if it happens.
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Well the market is unpredictable but for me, it highly doubted that at the end of the February it will reach 15 grands. I'm predicting that bitcoin will still be in correction till March and April will be the start off slowly pumping.
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If you are afraid to be hack then put all your coins/tokens on a hard wallet there I am sure its secured and no one will hack you unless you lost your wallet or gave your private key unintentionally.
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Will I wanted to earn money and stock exchange here in our country is hard to trade because the fees are to high and need a big capital and takes years to get back your ROI.
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I suggest that don't put all your money in one coin and buy the top 5 coins in the market and hold/leave it for 1 year. Don't check it because you might panic when it dumps and sell in loss.
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There's no harm on quitting a full time job because you are gaining more income through crypto. Good luck on your new work.
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I think so, hackers hacks the account of the victims and that's a criminal act to be begin with.
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Its hard to be a day trader but if you have the skill and take profit from it I admire those people. For me its better to hold it for a while and wait for the right time to take gains on it.
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Well crypto is unpredictable too. When bitcoin pumps the altcoins dumps, when bitcoin dumps the altcoin dumps too in what I see in the past few months.
But you can surely gain double or more here than in forex.
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Exactly. Just hold and wait for the right time because eventually the coins you bought will surely recover.
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Yes it does. Its not 100% accuracy to hit what is your target but it lowers your risk or gives you a better chances to gain profit from it.
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If you're a trader then you don't mind when the market is down because you know where to get out or cut your losses. Its natural that market falls for us to know that its not a bubble that only rise and eventually falls that can't recover at all.
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