I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines.
Well, I can say that I do not belong to that "people" you are pertaining simply because I encountered hard times like this before and I get used to it already. I'm not saying that I'm a fearless veteran in crypto world, I'm just patiently waiting and well enlightened on the DOs and DON'Ts in this kind of situation, as simple as that. That's my key to avoid losses. The word "people" is broad which may be composed of old and new investors. I think much appropriate to use "beginners" because they are the one who really suffers when btc drops due to their carelessness. They are the one who usually panic when suddenly a red flag shows (even though not a huge one) and sell instantly without even thinking if it is the right or not. Oldies don't do the same thing. I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum have seen much teachings and education from the crypto enthusiast.
I'm a little bit confused. You mean you really don't care if you loose money? If yes then it's so impractical. Dude you can make profits and have a healthy life here in the forum at the same time, remember that  . To me I do care, because I have a good investment in bitcoin and I am only expecting that bitcoin price will increase too much and will surely give me a good profit. Although I am holding bitcoin for a long time may be I will continue holding it for next few years, but still it give me much hope when bitcoin price move ahead. We all know that price of Bitcoin has not been a permanent price and has been temporary price since its birth we have seen it like this. Price changes with the passage of time and we should only look for benefit and entering of emotions here into the Bitcoin’s market is a kidesh act. The value of Bitcoin will appear high in the upcoming months as predicted by experts as well so hopefully it will happen once again. |
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Its hard to believe if someone say that the value of bitcoin will hit $100k. We all know here that noone can ever predict the exact value of bitcoin in the future. So i don't understand why there are so many people here that speculate too much.
This is really unbelievable to achieve 100k US dollar by 2019 and this may not happen because expert opinion is something else and your forecast is something else. We can clearly say that experts are right about the future price and bitcoin can achieve price high than 30k US dollar only due to its price movement it is a relevant prediction. However we have always uncertain predictions with the actual value but your forecast is totally irrelevant. |
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Do you think but coin will reach $25000 mark this year and go beyond that or will it be one more typical temporary pump followed by the dump? Need your opinion guy what would be the value of bitcoin by the end of this bull run.
It seems very hard for bitcoin to reach such a price since bitcoin ETF has also been postponed.Just four months more for the year end.Bitcoin price is still struggling to cross the 7,000 dollars range.No more events upcoming like bitcoin futures for expecting a new ATH. That is what we perform and the result is this bear market and not changing into bull market, our choice of selling for little profit does not let the price to activate into bull market. This is a long term investment and we should not treat it as short term for little profit and if you like short term then do not come into the market of Bitcoin but try out somewhere else in Litecoin and Neo for short term. |
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Today price is best example of market confidence in BTC. In 24h bitcoin dipped and went back with the price, nothing really happened, except it take over 54% of market cap and slaughter all altcoins!
Yes that was a very good strategy, taking advantage of the current situation in the market by investing a huge amount is the best thing to do to earn more profit before the market price pump up again. Yes people already have invested a lot of money in bitcoin, most of the people are holding bitcoin for last few years, and still they like and wishes to continue holding bitcoin, because still they are expecting that bitcoin price will reach to 100000$ in near future which people were already expected from bitcoin in 2018. Yes investors are using the sell button only when they notice high market price of the Bitcoin so that they may get huge profit. The real strategy they follow is buying of coins should take place in low market and its selling with a lot of benefits and maximum profit should all take place in high market. Price is not a permanent price and we will see a better market value in future so selling of coins is irrelevant now. |
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To get rid of emotions when trading, you need to control your emotions and clearly know what you want. But we are all people and emotions sometimes prevail.
It is very important to control your emotions because in trading you will only have use your mind not your heart so try to use your mind only, heart will get afraid and will arise your emotions at time of dip and you will remain worry about any temporary bad condition of bitcoin so better never let your emotions interrupt your profit just have patience and buy more at fallen price and be positive. |
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there are a lot of resources on the internet to be a lesson, if you want to find a trusted teacher I suggest to study with the forex master because the TA analysis used is more or less the same in the application
Of course there are many resources, we are able to read so we can read about trading and it will improve our skills of trading, now there are many websites available for us to make good amount of trading, it is new age where everything is just on single click, if you will use internet you will get huge amount of information about trading, so just read and share your knowledge. |
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I think everyone has his or her own way and his style as well. Day trading is good for people that understand trading and technical analysis as well. Rather, if you do not have all the time, you can choose to trade/invest and hold for long term. All these are trading strategies
It could be good for them but for me it is not good, as I have no good experience with day trading, it is modern age where having information is not a big deal, so if we will be able to make good research I am sure it will give me profit, I think it is good time to share experience as this way people get to know about trading and earn more income in trading, so keep on sharing and trading. |
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the economy of my country is below average because is under developed nation, this makes the poverty level to be on a high side. social amenities and infrastructures are not in place to improve the economy
Same countries were in consideration and they made their economies better with the use of digital currency and now days they are among the top nations or countries in competition with developed countries. So your country can also do that and in this ways they will find it easy to save the appointed budget. They will stand firmly with the passage of time and will progress with the cryptocurrencies just like other developed countries are benefiting with it. |
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Username: Tungsten-1
Bitcointalk Rank: Sr. Member
Current number of posts: 942
Bitcoin Address to send the payment: 15DtAPobw284QqSX7jdqzxrBsYgXo6nwP7
Hello sir! i want to join your campaign please accept me. Thanks in advance
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First of all thanks for your collaboration, Really important article for all Everyone, You did on the point because most of have the same problem when they investing in crypto. Personally, I also got good knowledge , Thanks again Well good for the Peron who made your doubts clear. Good to see people talking good about others. Actually knowledge sharing is so fantastic thing to do with which you are learning more than what you are archiving or telling someone else. Everything that you are telling to others is making your mind strong about that. You get more than what you are giving back to community. |
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Bitcoin has really helped me in so many ways. I was lucky enough to get into cryptocurrency early on so I was able to get a major profit from cryptocurrency. With this and a newfound knowledge of blockchain, I first helped to contribute to my immediate society, and later learn about blockchain engineering and why the future of currency is cryptocurrency. There are also so many opportunities to make money from cryptocurrency, with some of the biggest ones being bounty programs that ICOs currently have. While being able to promote many new and interesting cryptocurrencies, I am also able to make money and learn more about the cryptocurrency market every day.
Good to see you earning from bitcoin or cryptocurrency. Do enjoy your life with it and do share your experience with those who want to make money. Plies, those who are unemployed and want to make some bucks, do tell them so that they can raise their financial level to a good extent. Things are not that much problematic but some people just start panicking in heavy situations. Be patient. |
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Yes it's true. Many people were afraid then to invest money and earn. They thought that it was another pyramid. Even now, when there are many examples when people became millionaires, they are still afraid.
When every successful story comprises of hard work of so many years then why people think of bitcoin as a stick of magic that you just put your money in and the very next day, you become rich. No, this isn’t going to happen in any case. Things take time and this is natural law. You can’t just expect it to hatch egg within one day. This need a lot of time and you have to be patient in such tenure. |
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Btctalk name: Tungsten-1
Rank: Tungsten-1
Current post count: 946
BTC address: 15DtAPobw284QqSX7jdqzxrBsYgXo6nwP7
Wear appropriate signature: yes
Wear avatar: yes
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This question has been on my mind, I have been pandering on the reason why we should take risk despite the fact that people who take the same risk later loose everything, some time people consider taking risk as the only way to make it in life, despite this believe people who take risk in the past are still regleting it, dose it mean that you can not succeed without taking risk or that risk is what we must take in life, is there any way one can live on earth without taking risk
Market of Bitcoin and other cryptocurrencies are going smoothly and better for those who know about the market and have knowledge of it. Risk is everywhere is any work or source related with money because it depends upon decisions which can be either wrong or right so it will act accordingly. Before starting anything learn about it and gain experience with it by practicing it. No doubt bitcoin is getting higher and higher in price and demand. Now almost everyone is getting into bitcoin because of fame and demand, I think now bitcoin is the biggest benefit for those who has money to invest so I think it is not too bad to buy some bitcoin now and hold, I am sure after few years bitcoin will become globally regular currency, I think we need to prove how much patience and how much courage we got in our personality because patient and trust is the only thing we need in our life for better profit. |
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
Uuhm… maybe you should, I don’t think the price will ever go down below the 6000 mark. Have you been checking the price, you will know that the price has always been stopping at this same $6000 mark and that’s the same thing that’s happening right now, although some people has been predicting that the price will still go down to $5000, but I don’t trust them, they are fond of deceiving people with their predictions. Just invest your money at the time you think is right. No not at all price of bitcoin never remains this way, price of bitcoin will rise this time more than 6k dollar because now more and more investors are investing in bitcoin, waiting more can be danger because price of bitcoin is getting high so we should invest right now and hold our coin for long term, holding increases the profit but buying at the lower is the commend need, so don’t wait anymore just try to buy as much as possible |
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what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
Maybe most of us would have the same regret because we missed the opportunity to trade during that time where bitcoin really striked high. I believe that despite of the lost opportunity, we must still not lose hope and just continue hodling until the best time comes again. You are absolutely right some of them are now worry about that why they did not sell their bitcoin at that time, I think we should now have patience because good time will come again, price of bitcoin will be high once again but we will hold our bitcoin till them, some experts are saying that the price of bitcoin will be high late in 2018, same as 2017 so I am sure it will be good time to invest our money. |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
They are afraid to put their money on cryptocurrency because they can't ensure that there money is safe. It is true that the cryptocurrencies are extremely risky investment. I can say that the cryptocurrency is for only to the people who face risks. If after the news and after the spreaders of bitcoin worldwide they are not even now satisfied then they can never get satisfied, common they should grow up now, it is modern age where it is not too hard to remove our mention and worries about the market now internet has all, so they should learn about crypto currency if they are not having knowledge related to it, I think they should not be afraid of it because bitcoin is the real future maker for all of us. |
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If I think at this time of course the right time we can get a lot of Bitcoin now we can see the development of the market is now also starting to improve, Bitcoin prices now for me not too cheap, so be patient to take it back at a cheaper price do not make quick decisions and must be patient in taking chances.
Got your point mate, the price of bitcoin is getting high day by day so we should invest our money right now because if we will keep on waiting then we will miss the train, price of bitcoin will be above we can afford to don’t lose the chance right now just buy some bitcoin and hold them for long term, buying now at 6k will give you more profit than waiting and buying at the end of the year 2018, because them the price of bitcoin will be higher above 20k for sure |
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do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
I only recommend starting a small amount of trade because trading is a risky activity so you can minimize losses when you are wrong in coin placement for trading. but I'm not going to advise you on which coin to choose because you should do your own research on coins that have the potential to trade. It is not good to think that you have all the information because the network of bitcoin is really wide and hard to know when to buy and when to sell, a lot of information and skills can never be enough for you to become a perfect trader so I always suggest the other to buy and sell but never stop learning about trading, buy at the dip and sell at the pump, is the only best way of trading on high scale. |
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