I think ICO projects are now often divided many times after being listed on the exchanges. I think there will be no more opportunities for ICO projects. Good start-ups will really think about raising capital on the IEO.
They'll might be losing their investors too cause of some big issues coming from them, scams projects are certainly making a way that investors will never give trust into ICO's. The entire crypto market were hardly affected and causing failure to some legit projects. Investors will keep investing as long as we are still making money but for the current situation, it sometimes I just limit my investment by then just to be safe. |
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Yes I believe that it is coming but the question is when?
When would the bull market start is it this year or maybe next year?
But no matter what I think it is best to continue on holding your crypto and maybe add some if you have extra money.
Though there is possibility that it will come but I don't have to think everyday cause I just like to be surprise. Thinking it everyday it makes me sick and so I'll be better to focus on trading and enjoy the market at this price, in fact I'm still making money in front of this dips. If it won't come this year, then I will not to be worried cause this could be the real life of crypto and we have to accept it. |
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There is no doubts how crypto give us a wonderful life, I'm for sure early adopters have lifted their life into the better one.
Not only it gives us a satisfying life but also create a huge change in the economic growth of the society. People were adopting crypto especially for Bitcoin cause they'll found out that it is usable at this present generation where we can have a comfortable life than of using fiat.
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The price is just normal and it keeps repeating until the end of time. I dont know why people still doesnt get that. It is why we always tell you to have patience and hold a little more. Sure there will be another moon again but the only difference is that, there are no specific time and date it will happen.
That is why we should extend our patience and never get to much in touch with the market cause dips will certainly affecting our mental ability causing tress to our mind and can't decision the right thing we should do. It might be good to enjoy our our life and spend time away from crypto space to have time for realizing the best thing for the coming future even facing the bear season. |
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Well you need to think your decision before you take risk for profit. No one wanted to lose money from one decision. Everyone want a big profit but sometimes you need balls to make a risky move. Just think all your decision in first place.
A single mistake it doesn't mean that we're totally in failure. Anyone could experience such thing but because that, we eventually grow full of lessons and learning's in our life. Decision making is a big challenge for everyone especially in a high risk situation, we need time to come up a certain decision which couldn't give failure to us. It is my advice not think is in just quick but to think it with some basis. |
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What is the market correcting?
Is it correcting the good effects of the bull run to bear market well I don't see how that's a correction.
Let's stop postulating any inordinate notion here
The correction is a moment when the market is trying to search its correct position. A little correction will always happen when there will be a bullish trend. You can try to see the chart when there was an altcoin gets a pump and there will always be a correction for a moment. We openly experience such correction every year and it is quite good to see the result. But somehow people have misunderstood such thing cause they usually dump their coins before the date of correction and create another drama. Maybe they are thinking that correction may result from dragging out the market price and even get worst when it lead into falling hard which they are totally wrong. Corrections is all about system upgrade and we don't need to worry about the market prices. |
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If you'll find out that there is huge fees with that certain exchanges, then we don't need to push our self to go within. Of course, we don't want that all our profit might just go for fees only. Though some fees is considerable and yet it is really needed but we also to have to look for small fees exchanges so it included to our gains.
Fees are considered for me as a minor thing on the exchange, that is normal to have fees either that is small fees you can still have to pay the fees. The major part that I looking for usually those reputed ones and fewer complaint regarding withdrawal. There are some exchanges that they freeze your fund during withdrawal which are very annoying to us or just having a delay which consumes almost a week(s). Delays will be just not a normal thing to happen especially when it takes into weeks and I'm afraid if we received it anymore. Due to a lot of crypto exchanges existed today, it is better to have a background check with the team behind and also their feedback to see if this really can be trusted or just a full of scam. We don't want to loss our funds and we should have to spend time doing this. |
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Well I don't know about those players but I know many people near me who went bankrupt. I hope the market recovers soon.
It will be on that horrible events if we can't adopt the market trend and never find other strategies to work it out. We can escaped this possibilities if we take actions on this immediately but we just watch let it happen to our investment, then probably will turn out into losing our funds. |
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After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:
+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
I learned that there is no expert in cryptocurrency when it comes to prediction of its value. Thus, I was able to secure my investment to ensure that I won't lose too much of money. We are so much with the speculations and even are too optimistic for the incoming. Realizing how volatile we are, it definitely we can't be assured of anything in the future. If we are in trading or even just a holder, it is better to engaged into short term investment cause we can eventually join the flows and can monitor the value of our coins. It is seems to be more profitable, and every pumps is a chance to make gains. |
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I have set the weekly target of 2% profit on the capital amount which is quite easy knowing that BTC swings about 2% on a daily basis and hence it would be an easy target to achieve.
I am achieving the target but as the recent dip was a big one, it took away all the profit I made. So is a stoploss worth a try so that such big dips don't take away the rest of the profit I make ? Should I consider placing a stoploss for such a small target ?
Depends on your tatste, but if I were you I would not put mt money into such a small tartget, you should already be buying all of it by now. Btc is much cheaper than it's price for this past years so this might be the time to rise it up a little bit. Let's wait for big shocking price to happen better save up for now, It sometimes stop loss strategy will be useful when we are not in the full time trader. But for now, it is better not to used these cause we eventually moving forward and better not sell this time. We all through looking for the positive response from strong resistance and it may surprisingly shown up this year. |
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The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
Gaining quick profit from your investment required you to invest huge amount of money for you to be able to make significant amount of money since you want to trade in a short time period. Holding for a long time may yield you more profit but some times it has its has its disadvantages. Not just of having huge funds but also the right choose of coins. Even though we have those things but I've never think there is a quick gaining market, it really needs time for us to generate. Looking into quick gains will put you at high risk cause that's the main target for scammers offering quick and high percentage of returns but it turns out into nothing once you'll done sending your money. Beware this thing, better to wait the right moment. |
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Yes when i visiting coinmarketcap, i see alot of new exchanges enter the crypto market. Offcource this will be make positive and negatif impact. The positive impact is this community keep bigger because more people will joining and use that exchange , and negatif impact is that exchange have issue of security because all of them is centralized exchange.
It giving us a lot of options which is good but we can't deny also that some of them were greatly just a clown were nobody have tried to trade cause of their reputation and looks like just a scam. This is also one reason why many investors and traders were losing their accounts because of being hack. It is better for us to look for exchanges that have already established good market volume and have a legit team members. |
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We can't prevent if we do it alone but we can stop them if well take actions against them.
Many were been get fraud cause they allow it to happen, though we are all aware of that kind of activities but still they'll can find a ways to have a victims. And this could be a big challenge for everyone and we should have to work together for them not to succeed with their bad intentions.
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What will really determine the number of exchanges in the future is how prominent they are and how true they will keep to their words.
What is dragging most exchanges down are because of hidden charges.
There is nothing annoying as hidden charges; promise one thing but doing another. If an exchange is transparent, it will survive the test of time.
Yes that is right, there are a number of crypto currencies exchanges, and their number is exceeding from day to day. It is true that only such crypto exchanges will survive which have very good reputation and they can really facilitate their customers in a good way. I think that the competition between the exchanges day by day and that is the reason that they are now facilitating the investors in a good way. As crypto market grows widely, we can expect many individuals or a group will taking advantage into these. There is a lot of exchange but to look up with them, some of those exchange are just scam and never have a good reputation. Putting our money into exchanges will be at high risk not unless we found this that is legit and have its trading volume. |
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95% of all Day Traders fail because of lack of knowledge and timing. Day Trading is very difficult to apply in cryptocurrency trading. Why? Because cryptocurrency markets are unpredictable.
It's actually quite predictable if you know what you are doing and know your target. Most times people end up trying to be so greedy, and they end up losing even what they have made We might consider lack of knowledge and timing may cause losses but I don't think about greediness. Of course we aim high and there is nothing wrong with that, its not the cause why we loss but it help to be positive and be more optimistic. Our market not rallying so good and losses will pretty sure of high percentage, if I am a trader, I definitely not to trade for now. Better to buy more and prepare for the next pumps. |
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In my opinion nope. bitcoin will never to replace fiat. Yes many people around the world almost know about what is bitcoin and how expensive is bitcoin but to become a fiat, i'm not sure about that because there are still many things to do to make bitcoin to replace fiat or at least to become a fiat.
I think bitcoin will never be able to replace fiat because fiat and bitcoin have different platforms and bitcoin also still has pros and cons in every other country still doesn't have legality and doesn't fully support bitcoin so I think bitcoin will never be able to replace fiat. There is no need to argue of replacing fiat by bitcoin or any cryptocurrencies. Yes, they are in different platforms and applicable transactions for its used. Digital currencies now where making our life easier than with the used fiat but we eventually facing high risk with the used of it. But since it is not accepted in local and offline transactions, thus fiat currency still be very important. |
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Litecoin will turning back its ATH market value sooner and it only happen when bull run occurs. We look to have that this year and not just altcoins have been surging so high but of the entire market.
As we look Litecoin competitiveness, there is no reason to step it down instead it will moving upward.
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Holder of both ETH and EOS here but even a blind man can see that ETH is a bigger player.
If it wasn't for Ether, we wouldn't be seeing most of the wonderfully projects around as it was the launch pad for most of them
It have shown it since from the start and it have to sustain it until of today. EOS is just new coin but it came into more aggressive than of the other old cryptos but not for ETH. Both coins have played well and they are profiting now, nothing to put doubts of the two cause we surely make money from them. |
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If you want to be a good trader then you first have to learn technical and fundamental analysis, and if you have mastered both of them then what you have to learn next is to learn about financial management, when to buy and when to sell your assets.
Everything will be step by step, we can't be a good trader in just an hour but for months or a years. Nothing to go that long if we really wanted to learn but we need to struggles hard time and experience downfalls. But because of these, we became strong and we even get stronger as we face another challenge with the market. |
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Putting all your eggs in one crypto basket is too risky, from my experience. Better to keep most of your money in a stablecoin for buying cryptocurrencies to trade. By the way, you don't worry too much about this things if you trade with what you can afford to lose. Trading with what you can afford to lose allows you to be focused and relaxed while trading.
There are 2 choices may I think that it could guide us, 1. Hold and wait for the market recovers 2. Sell them and diversify into other coins It is not the reason to stop trading because of the dumps, if we have still courage to risk then we should have to go along the bearish season. Mostly likely it happen that many were thinking bad and that is wrong. Bear season is a part of crypto and so deal with it. |
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