If I loss that much money, I won't stop trading then I will try to recover my losses and learn from my mistakes.
I used to lose big sums of money but it really did not stop me. That time I simply took a small break to think over all the mistakes that were done. Then I returned to trading and returned the money. |
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I think the right time to cash out is when the fourth quarter of the year comes because it has a great and higher value to be cash out and also to be profitable and its always be favor to the investors to gain income.
For me the right time to cash out is when the market is in good correction, and this will be usually happened during yuletide season or fourt quarter of the year. Because in this particular season some investors are truly believing the good market correction to happened and a great chances to gain more profit. What I can say is that now, it is not the time for cashout. The cryptocurrencies that we are holding are cheaper than before, and we have to wait when they grow again and give us at least 30-40% of the profit. |
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The risk and Lucky are necessary to make big profit, look at daily trader gain, they get little profit and they also fight with that risk. So can we mention that small or big profit that you seek, everything always has the risk. No matter what it was, so try to manage your risk (minimize). If you use small capital, ofcourse your risk will be less and the contrary.
Not always but in most of the cases. When you know that you are a lucky person, you can try to risk - you have many great chances to get really everything. |
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You can choose any coins depend your private opinion or analyze, because every coins has future. Research first to know what coins is very good for beginner. Learn how price action and volume to understand which one to buy. I suggest start trading with cheap coins, because if you understand that, next step will be more easier. Good luck and thank you.
Oh, maybe NOT EVERY altcoin, but many of them, bro. I have several favorites that I am holding. Try to trade IOTA, Golem, TRON, Gladius, OmiseGo, and NEO. |
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Yes you are right. The market can't go any lower i believe.
I do believe that the market has come to the point when it is going to start recovering and going up. Those, who want to join the crypto family must do it now. Today, the market prices let us investing in the cryptocurrency. These days give us the chance to fill in our wallets with the best altcoins. I am going to buy more OmiseGO, TRON, EOS, NEO, KickCoin, Golem, and Gladius. |
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If it is an alt-coin then better know what are their plans for the future because sometimes the price of alt-coin would just continue to fall,
There are times that it is better to cut loss than to continue on holding .
You should know when to quit and when to continue.
This is a good idea. One should not sell in times there is red market. This is because the money spent initially is not even gained. One should only sell when the prevailing market price of the coin he has invested in is more than the initial price in the market. Being a long term investor, I believe one would never loose money if the investment is ling term. Daily trading and short term investment are prone to loose if the experience is missing. Only an insane person or the guy who really needs money will sell his cryptocurrency now when the market situation does not look very good. Just hold. |
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Panic sellers are sometimes newbie in the world of crypto, when they dump price will go down then those holders will have the chance to buy more of that coin.
Here, you are right. Those guys that have been dealing with the cryptocurrency for a long time know: the market is always volatile. There is no reason to start the panic. |
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Don't consider Bitcoin as a bubble because already we have seen many ups and downs in the Bitcoin market, we have to understand the situation of the market because cryptocurrency market is in a big volatile market, so last year the price of Bitcoin increases very fastly in order to consolidate now the price kept increasing or decreasing.
Really, I do not understand these people that call Bitcoin a bubble. OK, if it is a bubble, then how could it live for almost 10 years and grow all of this time? |
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It's hard to just psychology, it's nice to have a real time schedule for not being pure. it's hard to rely on nothing. thanks ..
Bro, it is sure hard to do in the case, when you do not believe in the cryptocurrency, and do not have enough knowledge about the market volatility rules. |
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Well if i were you i would not put all of my money into only one coin. Ethereum will be good you are right but you can make much profit if you put your split your investments in couple of high potential coins.
It is even dangerous for your pocket to do it. What if the chosen cryptocurrency will not grow? Yes, I believe in the best future of Ethereum but I would better spread all my money among several altcoins. |
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You shouldn't look at the price of a coin, but rather what the coin can do in the future. Look for the dev team, roadmap, fundamentals, market sentitment, and the technicals as to an indication of whether this coin will go further or not. Looking at the price is the last thing you want to do because you aren't trying to gain in $ but rather you want to try and gain in BTC
The price here really does not play a great role. You can look at TRON - it is cheap, and it is on the 9th place of its market capitalization. The same with Cardano. |
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. People are still buying bitcoins because they believe bitcoins can give huge profit to them and have strong foundation in the world of crypto. Bitcoin as we can see has gave people a strong courage to invest and earn huge profit thus making people rich. For me this is one reason why they are still investing bitcoin. The appeal for many is the fact that Bitcoin is decentralized, meaning no specific group or governing body has control over it. Instead, it is secured by advanced cryptography, a set of military-grade encryptions, and regulated by a network called the Blockchain. And this decentralized cryptocurrency is supposed to gain a lot very soon. I believe that close to the end of this year, we will see how Bitcoin is going to the Moon. |
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Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
I don't believe on these bullish trend and bearish trend things because i really think that the price of Bitcoin and other coins was due to manipulation of the big whales in which they are capable of moving the price of any form of investments due to their huge source of resources. By facilitating the pump and dump strategy they will always be the winner and all we can do is if we are lucky enough that we could ride on to their games on time. I also guessed that exactly the whales, 1% of the richest people that hold most of the cryptocurrency manipulate the market. They make huge money on its downs and ups. |
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NEO>ETH
Please explain why do you think so! I am sure that Ethereum is the best existing today platform. I love and hold NEO as well, but it is not as good as ETH. |
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one of the things about the effects of bitcoin on the economy is that people can buy product goods and services with cryptocurrency,
and the impact of bitcoin in the future is the possibility of adopting its bitcoin in most of the world's nations because of its existence which began to be count in the world economy
However, it will not bring sufficient changes to the economy. Bitcoin will be simply used as the alternative currency. People that have it, make online operations faster. |
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Because they are dumb and/or lazy to do their own research regarding their investments so they end up losing their money in filthy scams. There are many serious projects around this space which really want to make a change in the world. Look for a solid team with a viable working product and business model.  Some of them have really met great liars that managed to steal their money. Now, the people that were deceived think that everything and everybody are scammers. |
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Any investment has its own attendant risk. Cryptocurrency offers various Windows of investment. Investment platforms includes: cryptocurrency trading, buy and hold, etc. It is important to take time and study whatever platform you intend to invest in. Cryptocurrency News is also important to read before investment.
However, without taking any risks, you will never win. You might not lose anything but is it your goal? try to combine various activities such as day trading, holding crypto, and mining: it will work. |
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First, study the forum
the rest of the execution immediately and you will understand by itself
There are so many different threads on this Forum that a beginner can feel at a loss. I recommend the newbie to watch this channel: https://www.youtube.com/user/kholzrpi |
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I hope bitcoin can be more easily understood by novice people. I am a beginner, and I still do not really know and understand about bitcoin
You should learn everything about Bitcoin, and the history of the cryptocurrency to understand what it is. Use Google services or watch the needed stuff on YouTube. As for BTC price, probably, it will be over 17K this year. |
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