Trader and drops of water
When you really enter the crypto market, you can not avoid the trade crypto. So you also need the skills of a trader whether you are a holder or not.
Make profits like drops of water:
- Patience: This is the virtue of a good trader. You must looking for reasons not to enter orders instead of always wanting to make a profit.
- Earn 1-2% profit per transaction. why not? Always set a goal of just a few percent. It's like water droplets, let's imagine the droplets flowing, it will be full.
- You do not have to enter orders every day, every hour. Find the best entry point when all the signals you have overlap. Always avoid to lose before you earn profits.
This is not exactly advice, just the experience I experienced. Thanks for reading
I like the idea of not to trade everyday or every hour, find the best timing as you can so will be able to research better, the process of trading is to know your limitations and how will you find your edge, getting 1-2% is also not an easy way there's some instance that dumped will go deeper and your position will take some time before it will bounce back, so good thing that you also mentioned to have patients since that's the key to win over your emotions. |
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personally I am not an early investor and have been around for almost 1 year and it is the first time I experience such a stressful market, I wonder if the others who were here since 3-4 years faced something like this or is it really Dow that makes this happen?
It's just a test to those weak holders and panic sellers, the corrections is just a normal pattern where those early birds who able to bought coins from its small value are now selling it out to collect their earnings, while newbies that happen to bought when the prime hype is ongoing are now crying out so loud, better to make some good assessment and review the history, there's a trace that this same patterned happen over and over, to survive this, its really a good choice to stay away and forget for a while. |
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our complains are much more emotional dude. when people are realistic to market they don't complain anymore.
People who are not mentally ready when downfall comes are those who keeps on complaining about this certain market flows, there's always a reason why we needed to see this type of movements coming from our investment, we need to learn how the market really been played so we will be able to assess if we are ready or not, every situation that occurs from this industry have reason behind, be diligent to follow every ideas that will give some hint in order to make a good decision making when downfall is approaching. |
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If I have $2,000 then I will invest into 10 POS coins like $200 each. Waves must be one of them. I believe into holding and staking rather than trying to trading nor betting. In my experience both trading and betting are same. We never be sure about making money even we have all the required skills.
Good idea if you are well aware about PoS project then staking and waiting for earnings can be much better than trading and gambling, where your money really at risk each time you place your picks, but it's always depend from one peoples understanding, if OP love taking risk then gambling is the best place to go, choose one then wait right after for the result, if you are lucky then you will gain but if you are unlucky then face the consequence, OP maybe looking for encouragement so he's asking for the best place to place his money. |
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If we will based it according to review then most of the users/reviewers are giving positive feedback, better to use it using small portion of investment and try yourself being familiar inside, experience will dictate if you can use this exchange with your comfort or you need to use other exchange instead, regarding to your question about bot, I notice that in most exchange they are really playing around inviting traders to ride with them and without a notice you will be trapped and be eaten alive, so be very careful investing.
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I think holding for long term will not give us good profit. Look what is happening today bitcoin and altcoins drops their value. We need to know when to sell and when to hold. So that we can earn big.
I don't know what coin did you use for your basis, if you will look back most of those top 10 coins inside the market really give early investors a huge earnings, and not to go any far, if talk about long term people who have their bitcoin since 2009 and still holding it right now are still enjoying the price even the huge pumped happen last year its still big in terms of value ever since, bitcoin can be mine from your desktop or laptop and after 9 years look how valuable it is and that's the very good example of keeping for long term goal. |
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I`ve been thinking about this for many times, because usually the prices are way lower, than even ICO price, so this is the best time to buy from all the other times.
If that said project have future growth then why not, but if that's another garbage project that only deal with sucking investors money, then forget about it, you need to have an extra effort knowing what could be the coin to keep, from this bloodbath who knows which coins are from the bounty hunters and not belong to dev or investors itself, it can be a good catch if you make it to the point where developers are willing to buy back coins just like what happen with binance and those other coins which really have a good usage. |
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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?
Depend on how you play the market, if you are aiming for short then you can wait a little but if you are going to long term anything under the sun with top 10 coins are good to catch, investing is really a pain in the ass right now, we can't really say what can possibly happen next, better to have more patient and be responsible with any action that you will go, the matter also is how can you handle the risk whats your plan if you see downfall, we do have different interpretations but we all here to earn. |
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the reason why people are afraid to invest in crypto currency because they are afraid of losing their money, investing in crypto currency has a big risk and if you are wrong in making a decision then you will lose
Proper education is the key to succeed from this field, if you want to extend your chances better to invest with knowledge, people who failed or afraid to begin investing with crypto are those who have no knowledge in particular, if you are going to aimed for good business around start with research and study properly the flow of each coins around. |
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Forex trading is very complex to trade and you are also limited to how much gain you could make. Fiat based trade is debt and what you consider as profit may have been devalue based on many factors that affect fiat. Cryptocurrency is still the best. Cryptocurrency demand that there is development and value otherwise there won't be any gain!
With forex if you already got some good knowledge and skills it can be used for everyday's trade same with crypto but the difference are inside forex you are dealing with real currency which is being used by different countries and you are really affected by major news around that assets that you purchased will inside crypto you are unsure what really affects of certain movement since even there's a good news around most of the time dumped happen instead of jumping the value. |
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But BNB looks like a healthy investment for the most part.
That is because BNB has delivered many times the returns of earlier investors.
Being true with their words makes them a good investment right now, the exchange performed well and the tokens are now being buy back so the earlier promise has been accomplish little by little, its really a good way of rewarding those early believers the more they kept their holdings the better value that they will take, for sure most of those early investor are rejoicing as they've got good and decent profits. |
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The bank of Thailand says that the use of electronic currency by the banking system will reduce the transaction processing time and the time of confirmation. As well as will reduce the cost of transaction.
If this can be usage in real process then they will benefits coming out from the chain, its really important that they fully understand how well and how easy to adopt the chain, and use it according to their needs, we do hope that more country will begin to understand and explore then we will see improvements from this field, crypto really intent to help and not just to benefits from new users, we should continue supporting those who take step choosing to use the blockchain and help the society. |
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So much prediction about bitcoin. Some say it will hit $35,000 by December this year. You are predicting it drop to as low as $1,000. But was is the real value of the bitcoin ecosystem? Does bitcoin have an ecosystem? If bitcoin is to achieve it's intended purpose and use, what will be the acceptable value?
Another question that can't be answer right away, this system already expand its users and believers, OP's assessment will only happen if certain issue happen with the chain, like what we are seeing right now, another exchange was been hacked and for sure those coins are being sold since bitcoin have direct access to be traded quickly so it's really been affected the current value, else, this OP have a wide connections with someone who have a big bagholds of coins. |
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A lot of people are praising money like it is their God because they think that they should just focus on money because it is the key to a comfortable and successful life but they didn't know that the money should not be treated like a God because it is not the key for a comfortable life and the key for a comfortable life is contentment and being grateful to the things that we have.
Those people who keep praising money mostly are the people that is not happy with their life, they keep doing their best to enhance their holdings to the point that they can do even illegal things to have more wealth, it should be not like this, money is just a thing that we can use to work with us, if you already have some wealth never to praise it but instead let your money work with you and enjoy the comfort being beside with your love ones, we need to start changing our mindset and begin to realized why money was crated. |
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Bitcoin needs more improve transactions , more secured and more reliable.. Some altcoins become fast in growing because it has more fast and secure transactions unlike bitcoin. But they still dont have a chance to be on top because bitcoin is the first crypto. So bitcoins needs a lot of improvements in terms of its security and reliability.
Seems to me that bitcoin developers are already dealing with that mate, for me what its needed is to have more end users and not just investors to take this an assets, those people or businesses that can adopt the service are the missing piece for this chain to be revolutionized, the more establishment to take the gamble the better result for this chain, its already bnen proven that the deal using the transaction process can be much quicker and better with any mankind payments process,. |
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Out of all cryptocurrencies in the market, some of them are shitcoins which definitely comes from scam projects. I have also coin that has no value since when I received it. The market becomes exhausted with these kind of coins and it is good that everyone of it will regulate soon.
Most of those new created tokens will be useless as many coins already inside the market, competitions are very tough for sure many of this coins are just another copy project and will go under the position of being pumped and dumped and firget after, I agree with you that those project should be regulate to avoid making more victims, crypto should have stability and usefulness from this growing industry those who can integrate with real business should be prioritize and get good numbers of supporters to continue its progress. |
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With the markets experiencing a fall that kicked in around 24-hours ago and Bitcoin falling down to the 6,700$ mark, would you buy in or opt out?
For me, it seems that we needed to assess much deeper, the market movement is really hard to predict, for sure there's some reason behind this fall and making a decision to our next move might need deeper study, lets put it this way, another exchange was hacked and for some reason the timing of the downfall really hits the dip value of crypto, I guess its not the final blow for dumping those coins which already enjoyed by those hackers who did this hacks, then again same pattern last year and the value went up without our notice. |
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if the coin has developments and products that are really very useful for the people and can provide or be a solution of some problems and can provide benefits then I will buy it but if it is not profitable then I will not buy.
If the essence of this aid coin is really for the benefits of the nations and it will be use inside the country then I'll take the risk, it will open the door from each country to adopt the chain, and allow fiat and crypto to work alongside of each other, coins can be use as an alternative to digital services and cashless transactions, looking forward to see who's going to take the first step and begin the journey using blockchain system. |
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low income, expensive price for daily needs, the high cost of education because high inflation will always be the main problem for every families in the world including US especially for poor families they always be thinking how to feed their families daily even With uncertain income that's why they will feeling Financial Stress everyday however
I think low income is the main reason, because the expenses that they need are so expensive. This reason are similar in any families around the world. They don't know how to manage their financial, because they don't have enough money to provide their needs, and this is the result they fell this, and i think among people are experience this. Most I guess, budgeting money which is really not enough for the family is really stressful, whatever you do and even you will find hard work you will still see the difference, earning which isn't enough to your needs is pain in the ass, maybe we are use to it, we can say that it's really happening in every countries where family are dwelling with this situations, but since we are inside this industry we should be better to keep looking for chances to fill this problem and still enjoy the rest of our life. |
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Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
So far, the market has been fluctuating continuously and it is hard to kick, the price of bitcoin in recent days is decreasing continuously, the bitcoin price adjustment has made the price of altcoin is very strong. I estimate that at the moment you should not buy bitcoin, according to my analysis, the bitcoin price would be about $ 7000 in the next few days. today, the price reaches $7296 and we are still in the red market. and if we see in the market, there is a battle in the market and makes the price move so fast. I don't know what will happen later but if there a strong sell position in the market then we are going to see the down again for the price. just be careful before you decide because this condition is unpredictable and bitcoin price can move to anywhere. there is nothing wrong if we have the courage to buy more bitcoin at a time when the market is red or always experiencing a price reduction as it is today and choose to make it as a form of long-term investment, It certainly can minimize the risks to be faced because the goal to hold it in the run long time If you have that in mind and yes it's good to buy more and keep it inside your wallet, don't bother to monitor the market as it will only lead you making wrong decision, aiming for long term can be done when the value is falling, with bounce back still be expected from this market, then better to buy low and hold your coins till you see the bull market start to run and green market will be healthier. |
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