Despite the dubious results of the vote, I am sure that the majority buys cryptocurrency primarily because of its huge potential, technological and therefore money.
Exactly, crypto is a name of new technology of internet and we called it currency, it meant it is money. Now majority people start work with crypto because of investment point of view, and now it become a source of income on internet. I believe that reason why there are people who buy Bitcoin it's because they know its potential, despite extreme volatility and they trust Bitcoin as the King of all cryptocurrency and the benchmark of all other cryptocurrencies, that it will certainly continue to increase its demand and more developments to come. Bitcoin is a risky asset type. It’s important to understand what it is you’re investing in, to understand how the investment works. Never invest more than you can afford to lose and never stop educating yourself enough before getting involved in any investment. Most importantly, don't be too dependent with the opinion of others, do your homework, learn about Bitcoin or to a potential cryptocurrency and come to a conclusion for yourself. |
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I think it is one of the essential things in order to invest crypto.
Do you guys read daily crypto news?
I use crypto crunch to be updated to the latest updates regarding crypto markets and cryptocurrency news about a particular project and platform. We can be much more powerful in the market if we know what is up to date, we know what is the trend and we know what to buy and sell at the right time. I can say, people should do the same way as I am. News BTC, coindesk, and cointelegraph are some of the sources of news that I read in order to stay on top of the latest developments, consider various points of view, and to learn about the fundamentals of technologies involved. These are very helpful and provide essential information that would lead us to make informed decisions. The crypto currency market keeps on changing every day, so it is always better to stay informed with the latest values of crypto currencies, only if we are updated we will be able to survive in this cryptoworld. |
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To survive now it is necessary to combine all these actions at the same time, as they are all for a long period of time are able to make a profit, for example, I have 10% of all my capital allocated for trading, 30% left for an average period, and the rest I invest in crypto-currency funds and other projects
If the game is about surviving only, it's very easily just invest in bitcoin and you'll be fine. As long as you are willing to hold longer, you won't loss as we all know bitcoin can't fall, otherwise this market will fall. While investing, it's important to have a stable emotion, if you cannot control yours, you'll panic and will lead to loses. Life is full of uncertainties, pressure and risks. Learn to embrace those harsh reality of life and don't be afraid to commit mistakes. Take full responsibility of your own actions, learn from mistakes and focus on your goals. It's about evolving yourself to be the best version and to grow more responsible and a learned individual. The greatest lesson in survival is to get the right support, from family, friends, or anyone else you consider as true confidant. We may go through situations that don't go according to plan that may lead to depression, but don't lose hope, failures and suffering are all part of success and survival. These would help us to be stronger and be more mature to face challenges in life. |
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One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
There is a huge doubt that this impressive bitcoin rally would last long, so we have to wait and watch until the thing stabilizes. We don't have to rely on indicators much, as most of the time they go wrong. Only time which can decide in what trend bitcoin was. Because we know this pump still on short time and people actually can't decide it is on bull trend or not. Because trend means it keep increased until reach it's ATH. If we will wait until it break it's ATH then we will be late for the accumulation. The market is bullish but it doesn't mean it has to reach the ATH, whales are in the accumulation stage and if this is true, price would not go down anymore. Volatility has long been the nature of Bitcoin. One of the basic strategies in investing is the process of buying a particular security and holding into it and potentially sell when price rises. No need to rush things, don't panic, it takes time for the market to recover. Stay patient and be positive. The market is starting to upsurge, trust its potential that it can get back on track at the course of time. |
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Satoshi Nakamoto is indeed great, good at storing his identity, clever with his inventions and this is more than we expected. Creating crypto provides a solution for the person who holds and plays it. It is not easy for us to be able to learn and this is a valuable asset to continue to develop, the goal has not been fulfilled but it has provided many benefits.
Bitcoin is a breakthrough and Satoshi has such creative mind that he/she was able to invent the so-called blockchain technology. Bitcoin is one of a kind digital currency, it's decentralized so you are in control of your money with Bitcoin. Security has been its topmost priority, it allows users to be in control of their transactions that help keep Bitcoin safe for the network. Day by day there are a growing number of businesses and individuals using Bitcoin. Satoshi's identity has long been very elusive, but we must still be thankful with him for this innovation that has helped people from all walks of life, specially those who truly trust its potential. |
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You will learn to yourself. Try to understand from others by following it.But you have to do always your own research. I recommend you tradingview.com. Here you will find some good traders. Read there post and try to understand their TA. To be successful in trading, you must understand both TA and FA.
There are plenty of information that you can consider in learning to improve your trading ways. Everyone can use different technique, because in trading, it's like experimenting a method until we will finally find a working one. Trading can be very profitable or painfully unprofitable. Know when to buy and sell. Don’t look at the price only, consider the entire company, look at profits and performance. Don't get too emotional, investing and trading also require a certain amount of luck. Start small and increase your trade size as you gain in knowledge and confidence. You must set systemic rules for your trading game, and be consistent with these rules as these are essential for profitability. Learn more to be comfortable with analyzing financial situations, making decisions, and going through the motions. |
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The title is correct, indeed we can predict the price or think that the price will be high after time, but if this not happen we are dissapointed and is better to not predict or think a prediction is good to take as 100% real.
With the volatile nature of Bitcoin, there have been multiple positive and negative speculations circulating around. All of us are entitled with our own opinion, we can be right or wrong with our prediction but I think it has to be balanced because high hopes can lead to frustration. It can also have a negative effect whenever things doesn't appear to be how we expect them to happen. I think it's still better if we stay informed, continue to learn to keep enhancing our knowledge and improving our skills. It's absolutely better if we do our part to to stay up-to-date and not rely much on prediction as it has no assurance and guarantee in it. |
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Trading is not very difficult, if you know how to do it   For example, I found a good review from a person who is professionally engaged in trading on a crypto market. I follow his channel and repeat his actions. Little by little, I am learning to understand this large ocean of commerce. I also found a good project that already benefits, it makes roaming available around the world, I think that there will be a big profit. Every person have their style in trading but the only determining factor is the result to know if we are profitable or not. Trading is easy to do, but being profitable is the hardest thing to do. So we should learn to improve and continue to educate ourselves so we can be a successful trader. We all started as newbies and nobody started being excellent, but it all matters on how we set our mind and goals towards success. There are different ways on how to learn trading that would help us to be effective and productive. Learning the basics of trading by having access to multiple resources of quality education will eventually lead to success. Reading books and articles provide wealth of information. Find a mentor and seek for an advise who gives fundamental understanding of the market. A good mentor is willing to provide help, answer questions, recommend useful resources, and keep spirits up when the market gets tough. Seminars can also provide valuable insight into the overall market and specific investment types. |
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the cryptocurrency evolution has changed my lifestyle. i am now an addict.
imagine my routine life daily:
Coinmarketcap.com
Binance.com /kucoin.com
coingecko.com
cryptocompare.com.
And finally, Airdrops and telegram group.
Please pray for me. I need serious deliverance.
Provided it brings you satisfaction and money by putting food on the table, then it's good addiction. I like that! Or how do you think Leonel Messi and CR7 are able to play spectacular football if not their addiction to that game? Would you prefer the 9-5 job where you are forced and bullied by an employer for peanuts at the end of every month? Not sure it should be called addiction if it "puts food on the table". Never really Googled what addiction really means but am not sure if it's appropriate to call those who earn regular income from works addicts. Trading has been very challenging, interesting and exciting. It has made me a better person, it helped me in both personal and professional aspects. It does not only require the understanding about the market but it taught me about discipline, patience, presence of mind, and composed attitude. |
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I learned that market is not always on our favorable side but we have to keep our faith, patience and positivity high that it can potentially recover from crash. With volatility many people invest in Bitcoin as it helps raise the chance for epic gains. Whoever is patient during extensive bear markets, will eventually gain positive returns. Learn to go with the flow, find a reliable strategy with a certain level of critical thinking and stick to it.
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1. Study about markets: cycles and why market prices fluctuate.
2. Study about Technical Analysis. It is not an exact science but it will improve your accuracy.
3. Remove emotion from your trading decisions.
4. "Cut losses quick and let your winners run" - Jesse Livermore
Successful traders often do things that set them apart from the rest of the crowd. A successful trader mindset is always behind these people, and this is something we can build. Below are some of the steps needed to start your journey in becoming a successful trader. 1. Have a passion for the process and remember that failure is all part of all successful ventures. 2. Do Not Expect Immediate Results. Make a resolution to learn. Set goals, do your research, seek guidance, and evaluate your progress. 3. Cultivate good habits and banish bad habits. 4. Start trading. You've learned the basics, it's time to get out from your comfort zone and expose yourself in the world of trading inorder to grow knowledge and develop skills. |
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I still survive in the world of Cryptocurrency because I believe the crypto glory will definitely come back again. And to grow trust in Cryptocurrency again, I think we have to make positive news about this industry. Like current conditions, market prices are heating up and trading volume is increasing. So I'm sure now some investors have returned to the market.
Absolutely! We can be the media to promote and support cryptocurrency. I believe and trust its proficiency that it will regain its dominance. I'm still confident and positive that despite its volatility and lack of awareness of the public it has so much potential to progress and more people will become educated in the long run, its demand will continue to grow. The willingness and eagerness to learn and explore about this technology will help us fully understand how truly profitable and valuable this technology is. I learned that with patience, positivity, confidence, and commitment we will be able to make the right decisions and make us more productive. |
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Trading is primarily a psychological game about oneself. Learn to have calm, rationality and then things come by themselves.
You can do a perfect technical analysis, but if you don't have patience and you get anxious, everything becomes more difficult
I agree. Trading is just a card game. Using your emotions will make you more mistakes and make your forget your strategy in creating good trading decisions. Emotion are weakness in trading, this is all about pure strategy, and you have to be able to be in control of your emotion for that strategy to be effectively initiated. There are a lot of people who are good in theory, they can make good analysis in trading but they failed in the implementation. Patience is vital to succeed in the field of trading. You have to get really clear on why it is you’re trading. Have a checklist before entering any trade, set trading plan, stay informed, do research inorder to acquire necessary skills and knowledge that would help succeed and survive in any trading challenges. Our tendency is to choose immediate rewards, that's why we fall on bad trades and lack of patience could make us take trades that won't fit on all entry criteria. Trading is never easy and their is absolutely no shortcut to success. It is important that we learn to resist temporary satisfaction, improve self-control in order to maximize profit and reap better rewards. Without patience, we won’t be able to succeed in any field. |
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 - Having knowledge but not complying with the trading plan can NEVER be profitable. - Why need a plan?* Reason 1: consistency is very important in trading, as it honestly evaluates the success level of a trader. The trading plan will help us stay consistent with the goal. Read it every day and adhere to it. * Reason 2: this is business and so business success must ALWAYS be planned. - What does the trading plan need? 1. A trading system: the heart of the plan, must be thoroughly tested with past data (back test). * Include the necessary information: time frame, conditions for opening and closing transactions, level of risk per transaction. 2. Transaction procedure: the core part of the plan • When will you analyze the market, evaluate the transactions ? • When will you actually monitor the market to carry out transactions ? • When will you evaluate transactions in the day? 3. Your thoughts: The hardest part is leaving your emotions out of the transactions. • Just look at THE CHART SHOWING WHAT, NOT WHAT I WANT TO SEE. • DO NOT TRY TO TAKE BACK, FORGET THE LOSS TRANSACTIONS. • DO NOT LOSE YOURSELF, TAKE LESSONS FROM A LOSS. 4. The shortcomings of the self: concealed weaknesses, do not like talking about it. This section will follow objectively to track yourself. For example: • We tend to close transactions soon. • Does not comply with the trading system principles. • Does not comply with the money management principle. 5. Personal goals: make money, discipline training, mental training, training self confidence. The goal is to help us through difficult times. 6. Record your transaction : record the transaction and why you open the transaction. The best way to execute a trading plan is when you are not in the trade. Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion.Most of the time traders loss due to being reckless or due to their emotions taking over them , And here is when the trading plans take over, We should make a plan first before doing something in order to make it great or successful. We have to make sure that the plan is being followed so we wouldn't make any mistake. Trading plan is a must if you're an intensively serious trader. Without a trading plan we would be the same thing as driving and not knowing if we're headed in the right direction. It will help us show where we currently are as a trader and help us get to our destination towards profitability. It allows us to trade with less stress and emotion. A trading plan, with trading routine serves as an effective platform in capturing important observations and map out possible trades. Most importantly, it does not only rely on the set trading plan, it's also translating plans into actions, implementing, and putting them into reality and be more open to changes and to never be afraid to fail. |
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Join a crowd but before you join it you must be ready and find information about the activity on that particular coin then you can invest on it after. There are no criteria to be a good trader, each have their own style of trading but that doesn't mean they are a good trader. So what is a good trader? I honestly don't know what is a good trader fill me up please. Another thing that is in my mind is that before you invest your money on any coin you must be ready mentally and you must have a backup plan that might prevent fatal losses.
Trading is not an innate skill, it is learned. Successful traders are made- not born. Those who are willing to work hard and are determined towards getting better and in enriching their knowledge will succeed. What I would consider as better ways to be a good trader is to be eager to learn more, to read more, to look for resources that can help gain knowledge, creative ideas, and improve skills. Attending webinars can help build a strong background in finance and will be massively helpful for becoming a better trader. Learn about its nature, price movements, management, products, strategy, analyst estimates, financial statements, earnings guidance, and risk factors. Successful traders trade methodically, not emotionally. |
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System of personal meetings and conversations. The biggest deal on investing or buying assets is this, as well as information. If they found information on the site-they will buy on this site.
The road to success may not be as smooth as we expected it to be, it does not happen overnight. The road is not even straight, it has its curves called failures, disappointments, pain, and unexpected challenges. If you fail and fall, it's all fine, stand up and move forward but don't forget to carry with you the lessons it taught you. Cryptocurrency may have its rise and fall but I believe that it has a long way to go if we only unite and support each other for its growth and progress. I believe that its demand will continue to increase, there will be more developments, and more people will not only become aware of it but will be more educated about this technology. It takes effort, time, focus, and commitment in order to succeed and achieve one's goal. Success is not served on a silver platter, it may not be easy but it can be very rewarding. Life is not always at its best, learn to handle the worst, learn from it, and grow. |
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I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.
If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.
Sell all ETH, BTC into Stable Coin when the market goes down
Well this is true I have some friends who didn't do this and when the market crash they couldn't do anything but to cry one of them lost almost 70% of his investment. Back when I was holding some alt-coins I would usually set up a goal when to sell them . There have been several factors why market seemed to be very volatile, it's regulation is just beginning, it is still progressing- it's brand new. Price drops unexpectedly, but I can see that it has been its normal trend and market has so much potential to recover. One of the most applied strategies is buying cryptocurrencies and holding on to them for a substantial period of time. Don't panic, stay patient while staying strategic and informed in dealing the volatile field of cryptocurrency. Volatility is part of market growth and in generating profit. |
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You are correct mate, experience matters a lot. Not only in the crypto sphere but also in anything we do in life. So talking about the crypto sphere, the lessons I have learnt and the experiences gathered has help me in a lot of ways to achieve one goal or the other.
Our bad and good experiences have great contribution of what we have become today and are of great help as we face and encounter new challenges in our journey. We learn more from things that happened in our life. With experiences we feel that life is more important and more meaningful. We become more mature and responsible. The field of cryptocurrency is volatile, it's not always about winning as well, it has also its ups and downs, but with patience, strong-will, positivity, and trusting its potential it can help us succeed, survive, and realize its real essence of how beneficial and profitable it is. |
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Forgetting to take profit has always been my main problem when I trade, I keep altcoins, even when I know that they keep pumping and dumping. Another problem is buying a coin that's already have been pumping. I see a coin I was thinking about buying a few days ago, and now it pumps, and then I buy in too late and don't make any profit.
Lack of knowledge, lack of patience and not having a trading plan are some of the mistakes when trading coin. Never involve your emotions in trading, it totally affects us and completely disturbs our plans and actions. Continue to explore and learn more, do research and don't be afraid to fail. Effective traders are open to challenges and learn to acknowledge their mistakes, analyze and learn from them, because they know that it can improve their skills in understanding the market. |
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I also feel that because with the increasing number of people spreading their pessimism, more and more people will become pessimistic and that will hamper crypto growth and make the bearish longer
If there are people who do not like or want to give up, they should not need to spread it and invite others to follow in their footsteps
Giving up isn't my principle in life, we need to move forward so that we will see future as big results of our struggles in cryptocurrency. Even if these people spreads more non reliable stories, it doesn't mean it affected us a lot because without any valid proofs still it's not considered believable yet. They can say something bad or good, but the most certain for our plans is how we going to survive in order to earn bigger profit once an asset gain sustainable growth. |
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