|
Every bitcoin rise makes people super excited. In the last couple of months, we have seen many super optimistic predictions about bitcoin price. Opposite from what we get used to see when bitcoin price was down, when mostly predictions were pessimistic. People are so sensitive about bitcoin, I can`t say I`m sensitive too. I never stop believing in new all times high, for me, that was and is just a question of time, this or next year, or maybe the one after is not so important.
|
|
|
|
|
They deleted my account a long time ago, I don`t really care about them. As I hear it will be some stable coin, what we are going to do with stable coin? We invest in coins with potentially great future, stable coins are just for trading purposes, to keep your amount stable for a while, nothing more.
|
|
|
|
|
Answer on this question what to do if you lose $2000 with trading is the same as the answer to the question what to do if you lose $2000 with gambling. What to do, simple invest new $2000, or more, preferably more. It`s the only way to make more profit in the future, and it`s how you learning. If $2000 was everything you have then it`s your mistake, never go all in, split your money so you can try something more than once.
|
|
|
|
|
Who expect correction can short, who don`t will hold, very simple. It`s easier to talk about it than to do something when you know that a wrong move can cost you a lot of money, or bitcoins.
I don`t think that 4 digits are gone for good, there is a chance for the price to go back under $10k again, but I will not short bitcoin these days. I will think about buying more if the price drops.
|
|
|
|
|
The market was good before, the market is even better now if you measure it by activity, price, and volume. Crypto market never sleeps, it`s active all the time. When the price is going up, more people are in it, people are excited, it`s like we are on fire.
I think this is just the beginning, this market will grow into something much bigger, we just need to give it time and to continue to actively participate.
|
|
|
|
|
I think trading is not for everyone, with that as a fact day trading can`t be profitable for everyone, one more fact is that the majority is losing, while the minority is making a profit. I`m one of the people who lost a lot of money with day trading, so that kind of trading for doesn`t have any advantage. I`m more of the mid and long term trader, I keep my coins for months before I get into profit.
|
|
|
|
|
Sometimes I can`t believe what people wrote! Why would anyone change the winning strategy? If it`s going good, by OP`s words, if he is doing that good, by his words, why would he want to change that? Continue with that, make money as long as it`s possible, don`t change anything. Only add holding by that, easy strategy, buy and hold, and continue with your winning strategy as long as you are winning.
|
|
|
|
Therefore, before you sell the coin is better to study the news about this project. Of course, it is rare when the project really succeeds, but still do not need to mindlessly sell their coins.
The conclusion is simple, not every coin will be successful in the future. Some of there will sink more, some will break all times high and make a new one. Dumping is not a good idea with bitcoin, ethereum, and other strong coins. But in the end, everyone should research a project and decide is there a chance for growth or not, if the answer is negative than dumping is the best option, if the answer is yes give that coin a chance. |
|
|
|
Hello traders! I hope the previous trading guide was very useful for you and I know that this will also come in handy! A lot of people want to jump in when they see the price has fallen down! But not always they choose the perfect moment. Well, you have to do your research because the price might still go down when you buy! Trust me - I know this stuff, I bought Bitcoin when it fell to $13 000 from $20 000 and thought, YES!!!!!! This is my chance! Also, my dad transferred me $3 000 to invest in bitcoin and ethereum. Because I said that this is the lowest point!  You all can understand how that turned out for me... So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/It is very difficult to know an end to trend and we can only take advantage of dip that is when traders decided to take profits. Because the trend has not ended there are needs that you do places stop loss order. Remember that trading is risky and protecting your capital is one of the right things to do if you want to succeed in trading. When the price is going up, traders start to collect profit and at some point price reach it`s top. Sell of leads to a drop in price and drop of the price leads to a dip. The dip is the moment when selling stops, people are buying, demand is going up and the price is going up again. To buy the dip, first you need to know what is a dip. |
|
|
|
But there are not too many good exchanges available.  Anyway having many exchanges is good but lot of scam exchanges intrude as well so we need to skip scam exchange and start using legit exchanges. Many of them are good, but people still don't know about them. There are many exchanges, and there will be many more in the future. Now more than ever we have dapps, and I`m more active there than on some centralized exchange. People should pay more attention to decentralized services, easy to use, without the need for KYC, you have your funds in the wallet all the time, security is better for sure. |
|
|
|
|
New`s have the power to move masses, to create fever for buying, and to create panic among people. It was like that until now, and it will stay like that for a while until people stop believing in everything they read. Crypto community is vulnerable to false news, many people start panicking after reading some bad news, that will stop one day, people will believe in charts more than in some interpretation from some so-called expert article. Think about it as this, math and numbers will be more important than words.
|
|
|
|
Imo hackers become smarter when they can't hack something. It's a challenge for them to hack that website. There are many types of hackers, there are some who hack the website to find a vulnerability then report it to the dev of that website, there are others too who do hacking to steal money. Because crypto transaction are anonymous, if they can hack it no one would be able to identify them.
If you don`t make progress with the time you will be left behind. It`s not just a case with hackers and exchanges, it`s the case with everything, with us. We need to make progress, we need to get better in what we do over time. Hackers aren`t an exception. And about this matter, I agree with people who say that exchange hacks are mostly inside jobs. Proven to be true several times. |
|
|
|
|
If you have someone to follow, and you know he is good, you will have the opportunity to learn faster than others. But nobody can say that you can do it alone, many of us learned alone how to trade. Yes, we lost money in that process, we spend some we learn a lot. Maybe it`s the better way than to rely on someone else.
And it`s normal to lose some money sometimes, don`t let that discourage you.
|
|
|
|
|
There is just one risk, it`s losing money. But have it in mind that you can`t lose everything you invested if you trade with top coins, they will never drop to zero, so you can sell what is left and have some money back, in the end, if you decide to quit after some time. Don`t be afraid to try it, even with some risks I think everyone can afford to lose some money, $10 or $100, what you can afford to lose.
|
|
|
|
Oh man the crypto world could make or break a person. I invested in xrp at $0.07 by new years it was $3. I had turned a 10k investment to $428,571.42. Obviously I didn't sell.. i thought it would keep moving up. However it didn't... I sold it at $2.50 still made a pretty penny. Right after my XRP investment I pulled out and said I'd never do it again. lol I lost my hair from that investment the stress was unreal.
Why did you invest $10k? You could invest $1k, you would make nice money, and still, it wouldn`t be so stressful. Invest what you can afford to lose if you are investing more than you can handle you will always have huge stress. I wonder how much money you have in crypto now? |
|
|
|
|
This is a huge question, and the most logical answer would be yes. In the time of crisis, basic needs come to the surface, people will try to sell everything valuable for a piece of food, or shelter. In general, some things increase in price, like food, bullets, shelters, water, etc... on another side real-estates, precious metals, money, lose value, nobody thinks about buying those things with an empty stomach. In that way we can assume that bitcoin can lose value, in the case of some global disaster, but it will not disappear.
|
|
|
|
The ATH phenomenon is not a repeating feature of Bitcoin, it is just something that happens with most popular commodities or assets out there in the market. Yes, we might reach the ATH in this year, but most predictions are total BS and this increase in the price should not create an expectation for potential investors that it must happen again. We have seen several other stocks and shares that reached a ATH once and it never reached a new ATH again. Let's not build people's expectations if we do not have actual proof that it is going to the next ATH soon.  Bitcoin will make new all times high! I`m sure in that more than ever before. I think the majority in crypto community expects that to happen, it`s just a matter of time. We don`t need to build other people expectations, we need to be self-confident and believe in what we support and we support bitcoin. Why it`s better to support bitcoin other than some fiat currency is well known, for me, bitcoin is the only sound money on this planet. Others will realize that sooner or later. |
|
|
|
I must quote CZ Binance on this one: Facebook Libra coin don't need KYC. They have so much more data on the 2 billion people. Not just name, id, address, phone number. They know your family, friends, real-time/historic location, what you like... They know you more than yourself. And now your wallet too. Best AML! Link to tweet: https://twitter.com/cz_binance/status/1140914571495927808I must agree with him on this! Why would they need KYC when they collected so many informations about all their users. They have been accused of many things. I will stay away from FB coin, I don`t care about their centralized coin, and I advise all smart people to support decentralization. |
|
|
|
|
It takes courage to invest in cryptocurrencies, to stand your ground against so many people say so bad things about cryptocurrencies. Now the environment is much healthier than before, many things are different. Even now it takes courage to get into cryptocurrencies, before you needed even more courage, believe in that.
Credits to all of us involved in crypto, the longer you are involved more credits for you! Thank you, everyone, for your support in this crazy world!
|
|
|
|
|
Show Posts
