We trade in order to profit from the market's prospective, and I have no doubt that not all traders have settled scores with their risk management. Some greedy traders are always looking to acquire everything, but they forget that things don't always go as planned in the space; the market has a way of shocking everyone who is expecting much more, especially addicts. Risk management governs our trades and compels us to consider how much we are willing to lose and gain. Knowing both is a delicate balance, and the risks are well worth it.
I agreed with your described fact.I think that Risk management in trading cryptocurrency involves implementing strategies to moderate potential losses and protect your investments. Many traders diversify their portfolio by investing in a range of cryptocurrencies to reduce the impact of any single asset's volatility. Setting the t stop-loss orders helps limit losses by automatically selling an asset when it reaches on the predetermined price or level. It also depends upon the implementation of your technical strategy and proper position sizing techniques ensures that no single trade carries too much risk. Additionally, you can reduce certain possible risks by keeping an eye on market trends, news, and technical indicators. Effective risk management in cryptocurrency trading requires a systematic strategy, exhaustive research, and ongoing oversight. Yes implementing risk management is indeed very important but on the other hand it is not that easy either, with risk management we can manage risk, trading in crypto is very risky and if you do nothing it is easy to lose money. |
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BNB can no longer be expected to mate, look now! Btcoin has risen to $ 30k but BNB has still not experienced an increase,
compared to other altcoiins it is clear that BNB has lagged behind because indeed Binance vs SEC made this happen,
because I remember before the case with the SEC of course BNB always recovers quickly if Bitcoin is bullish.
if you hope BNB to $300 in this year, of course it will be hard to reach that level.
i remember in bullrun before the lawsuit, BNB also usually have hard time rising their value, i don't know why but it just seemed that this coin is really slow when it comes to make some value increase, I even think that this coin might have reached its peak honestly. It's reached its peak I don't think so but it does look like it's slow to increase in value, if bullish comes maybe BNB will reach $300, The most important thing is just keep following the progress. |
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Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.
Just remember that we are still in the bear market, so anything goes, the price could drop massively, or we can have a sideways pattern or the market from time to time will have it's rally, just like what we have seen with the current price of ETH, it has gain already in the last 2 days, same with BTC. So if everything goes, then when the price goes down, it's a buy signal. If the price continue to go up, then do just DCA and you will be fine specially if you are looking for long term. It is true that the market is still going up and down and currently it is still in a bear market, when the price goes down that's when we need to make the best use of it to buy to make a profit, that's a good suggestion and we'll see how it turns out. |
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Oh hey women!!!?? This woman has definitely made you fall prey to her beauty!! What are these magical deals that take place in just 60 seconds??!! Never in my life have I heard of such a magical exchange!!
Better forget about that charming woman before you lose your money, they sure use women on these sites to trap men and steal their money, so you need to get away immediately before you fall victim to women's lust.
Things like that are an old way of trapping victims and this method sometimes still works, that's why we need to be careful because if not then we will easily lose money, we need to control our own desires. |
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As we know that banks are a business that promises big profits, banks collect money from consumers from savings to deposits, when banks get customers who want to save in the form of deposits, banks can freely rotate money, they give low interest to customers and apply interest high at least 2x so that banks get a lot of profit.
agree, it is clear that the profits received from the bank are very large by using customer funds to rotate and lend to those in need, where the interest set for the borrower is greater than giving interest to customers. but that is the compensation that is obtained from the movement of banks and it is natural that banking products are very profitable and interrelated and need each other between savers and borrowers by using banking facilitation. It's true that this is indeed a scheme from the bank, they use customer funds to generate profits, the more customers, the more the bank generates profits, something like that is actually a reciprocal and that's good. |
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The bloody market is common in crypto exchanges,
especially as we all know that high volatility in the crypto market has become a feature of cryptocurrencies.
and one of the things that traders and investors like because high volatility can provide high profits too,
so we have to be smart to read price movements.
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Having $1,000,000 why should you invest in Altcoins?
If you have that much money, you should invest in bitcoin, not in Altcoins. The capital we use is very much, so we have to invest in a more profitable place. Investing in Altcoins with that much money I think is too risky.
$1 billion just to invest in altcoins is obviously something very brave because if I had $1 billion of course I would share it in several other investments, like investing in property and other real businesses, because if you invest too much in cryptocurrencies it's obviously very risky. |
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What's going on? Don't you know that we are currently in a bear market?
Bitcoin has clearly fallen from its all time high of $64k to $17k and now it has indeed recovered to $25k but from the Bitcoin market movement it is still very bearish,
Altcoins are also included in this cycle, it is really painful to see altcoin prices dump up to -90%.
Not as painful as you think because it was expected and many of them will keep on falling because investors will keep pulling their cash out of the market. Altcoins only get investment in because people believe since Bitcoin is doing well that other cryptocurency will increase as well. But as the market is now, Bitcoin isn't doing well therefore it'll be hard for investors to trust altcoins. The recent market crash was because of the security and exchange commission going after specific altcoins and their prices are crashing as they're getting delisted. In few months from now, maybe from next year, things will be different as the price of coin in the market will change movements from dumping to pumping due to the halving of Bitcoin happening next year. Nothing is permanent in the cryptocurency market, it's just a phase. Old investors really don't feel pain, but a new investors who have just bought Bitcoin and altcoins in 2022 will certainly experience it, moreover they will definitely ask why the market is like this and the answer is indeed one, yes, the bear market is the cause. |
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no better time investing than right now honestly, the market is in confusion and there are many assets having their price
discounted so heavily, you will get upper hand if you invest right now but only if the condition didn't become worse, because you're definitely gonna be one of those that gonna be holding for another coming of season.
That's right, when the price of bitcoin and altcoins is declining, don't be afraid to start investing, I can say anyone who has just started investing in cryptocurrencies now is a lucky person, just imagine that altcoin prices are already very cheap and you can get at least x2 profit in a few months later. |
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The current price is around $26k and as I suggested yesterday when the price touched $25700 to buy immediately, but now is also a good time to buy before next week reaches $30k, many predict if the market will rise soon so by buying when the price is below $30k is the best decision before the market rises due to the halving day in early 2024.
In my opinion, don't be too hasty to buy Bitcoin now, because the bearish is still strong and a dump can also happen again, indeed you suggested buy on $ 25.7 but for me the price still has the potential to fall again below $ 25k, so it's better to just accumulate it at the $ 20 level k to $28k. |
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Tamadoge is not a large cap but has the potential to fly, because you know that Tama is one of the memecoins listed on OKX,
and for me that is a great achievement, many say TAMA will not join the bullish season, but I am sure TAMA can be bullish on the altcoin season Later.
considering that the market capitalisation and trading volume has been plummeting so significantly over the course of the week i doubt even if it getting listed in such platform would do any good honestly. after all, tamadoge seems gonna have difficulty reaching such mark. $1 for Tamadoge is really too high especially in a bear market, we should only target a realistic, ATH is at $0.18 and our target might be $0.4 or $0.5 in the next altcoin season, I'm still sure TAMA can reach the new ath target in the bull season. |
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For now Shiba is getting into the token meme which I think is still worth keeping because it is widely known and many people believe in that token. I advise you to save your meme tokens as I'm sure Shiba will be back on the moon sometime in the future.
I agree that Shiba Inu is a popular memecoin right now and many people are investing in Shiba Inu, but I would not advise you to invest in Shiba Inu for the long term, because it is very risky if memecoin is no longer hype, therefore if the price of Shiba Inu has increased and you have made a profit, so you better sell it immediately, because if memecoin is not hype anymore, then of course the price of Shiba Inu will be difficult to increase. Shiba is still for the long term, especially since Shiba is included in the memecoin category which already has a very high market cap, so for a pump to occur it will be difficult for Shiba if there is no fomo, but at the current price, Shiba is still worth buying. |
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Meme coins have been gaining significant attention and popularity lately, capturing the imagination of many investors. While projects like Shiba Inu and Floki Inu have received significant attention and traction, their long-term prospects remain uncertain. Factors such as the project roadmap, team expertise, utility and adoption rate must be carefully examined to make the right investment decision.
My reasons First, meme coins, by nature, often do not have a clear underlying purpose and why meme coins are popular. Their success is heavily dependent on community involvement and the sentiment around them. Therefore, the volatility and risk associated with meme coins can be much higher compared to more established cryptocurrencies. Second, the meme coin market is extremely saturated, with many projects entering the space regularly. This level of competition increases the difficulty of identifying meme coins that have genuine potential for long-term success and sustainability.
Meme coins, while comical, are risky business, heavily dependent on the whims of the community and a lackluster strategy. Think of them as an investment in a star's fame—fluctuating with public mood. With the meme coin market flooded, identifying a standout is a mammoth task. Therefore, navigate these treacherous waters with caution. It's not just chasing the hype, but safeguarding your economic destiny! its a comical for memecoin? haha memecoin isn't comical mate, but a project without a developer and only inhabited by the community, many people have been scammed by memecoin and you call it chemical? I think you should fix that. strangely until now memecoin is still popular with traders and investors even though they have been scammed before. |
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China coins will pump when the price of Bitcoin returns to the bullish zone again,
because at the moment Bitcoin is very bearish so it's only natural that altcoins from China will also be affected and experience dumps,
but I'm sure that in the next few months the price of altcoins from China will pump high, so don't waste this opportunity.
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Altcoins can survive if the Bitcoin price is able to stay above $ 20k,
because if the Bitcoin price is below $ 20k I will get out of altcoins as soon as possible,
because the dump will be worse than this, moreover the bear market will cause panic selling,
and even whales will also sell that coin and buy again if crypto market stable.
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Investing in altcoins right now can be promising because altcoin prices are already at the bottom,
if you don't try to return to altcoins then you will definitely regret it,
this incident is the same as in 2018-2020 when the altcoin dumped up to -90 from ATH.
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Price will be stable along this month and also for the next months. I think that we're not ready yet for a price increment, we have to wait some other months, maybe we should see something of interesting at the end of the year but not now. Let's hope that quantitative easing will restart soon, this will let dream us  The price should be more stable on this level and let’s not hope for any bad news because we might see it down again. The market is on a big red candles and not just with Bitcoin, this could be an indication about the pressure of the government to cryptocurrency. Let’s not panic and just focus on our goal, remember that this is not the end of crypto, this is just a normal bear market, better to buy more. June is still long and the price of Bitcoin is still unstable, and even a dump can happen again because $ 20k is lurking, moreover bad news always comes, to be honest the situation in June is more scary than in May, even though we are getting closer to the halving but Bitcoin still not bullish. |
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Memecoin is included in the altcoin and memecoin still has the potential for sky rocket in the future,
we just have to buy it and hold it until the altcoin season comes, those who can be patient will certainly be winners in memecoin.
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Beginning in June I was optimistic that the market would soon reach $ 30k, unfortunately too many FUDS so that the market continues to be corrected, the best thing now is to continue to buy and make bitcoin as a long -term asset, I predict if the bear market is not over and maybe until August
The bearish will end in June I'm sure it's because in August Bitcoin will reach $ 40k to $ 50k so hopefully, however we have to be patient and analyze it well, if you don't hold then you can regret it later when August comes. |
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