Personally, Before selling or holding any coins that I have i will look at the market first. If indeed the market is going down and continues to fall I will hold it because if I sell it then it will only give a big loss. Although I realize it will take some time to hold onto it until the crypto market recovers, but it is better than selling it at a low price. On the other hand, if the market is going down it's a good time to buy a coin at a low price and hold it after that. But we also have to be able to choose coins that have good prospects to hold. Be a good holder where we can decide the right time to sell it.
I have the same principle as you. I will look before selling of course I have to look at the market first. If the market conditions are down and continue to fall, it's better to lose the feeling to try to sell, it's better to hold it, if you sell you will get a big loss. but in this condition, many investors cannot control their emotions when prices fall and continue to fall, they will compete to sell because it is better to lose a little than to lose a lot, that's part of their principle. maybe he is not a real investor, because he has not been able to distinguish between trading and investing. As an investor, I think I have the courage to fight with time. when he saw the future potential of a good coin to invest, he could buy it, and let it run for a few years. but when we buy and the price dumps, then we sell it, is that an investment? |
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This forum is like an escrow, which is a bridge between projects and investors. With this forum, many people learn about cryptocurrencies, and share the latest developments in the crypto world. on the other hand we can also learn about how to trade and invest as well as strategies to make a profit. so i don't think about this forum to have its own coin
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my big advantage when participating in the bounty campaign. At that time I didn't think that the price was so high that I got more than enough money, the name of the token was online, but now the price is not that valuable. I was lucky that time I sold it so I got a big profit from the price increase.
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There are a lot of traders who does not consider the small amount of profit because they already make trade big. No matter what happens profit is still a profit at the end of the day we are heading to the profits and not about the losses. Losing in trading is just part of it so look forward to your profit. Sometimes we are having a bad day with the trading the market does not come to us so it's better to have a trading plan if you think you already lose your path bring it back again to the trading plan.
start from little profit and consistent we could earn big profits. It doesn't about how much its amount but about how manage the risk so it could be minimize. every traders ever experience loss and bad day but move on from mistakes and improve skill was good step for our future. i am agree trading plan could be solution to manage our risk and profit so our balance could growth smoothly. Begin from little profit one day later will be bigger profit and fund can trade, I think is very good opinion because we can take profit every time although after selling coin price up, later wait when price back dump to buy back again. Never panic and try to buy some coin when success touch all time high price because very risk and not worth to hold and get much profit. to achieve our goals does require a process that sometimes takes a long time. but that is our foundation in forming a business. so that from a small capital and growing into a large course through various problems that must be faced. therefore knowledge and understanding are the main capital for trading, and capital only plays a role after knowledge |
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It is not easy to use the stop-loss feature, because we must have a strong mentality to accept losses. It takes practice so that we can use the stop-loss feature properly.
I guess you are taking stoploss as a very big thing while trading but you must treat it like just as part of your trading activities so that you will easily get used to it. Moreover, when you are good at your technical analysis then only very rarely alone you may hit stoploss so you can easily accept your losses and move on to another trade to recover your losses and at the same time if you are not good in technical things and you may happen to hit stoploss more often then you must need to prepare yourself to use stoploss for your all trades. although we are good at analyzing and rarely about stop losses, but the market is not always as tame as we think. therefore to always be vigilant even though we are sure that our transaction will succeed in hitting the target. Many people feel smart so they ignore the use of stoplos, when they are lulled into one transaction, they will experience big losses. then we must be able to act normal |
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I think if you have found a suitable strategy, this is very good for your real trading capital. but I only suggest to be able to control your trading psychology. because the real psychology of trading is the determinant of success in trading. On the other hand, money management is also important to manage risk and reward so that they are proportional
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Sometimes young people are the most lucky ones, they still have their chance of loosing. So, why not?
I think taking high risk in trading or investment has nothing to do with age, some people by nature are inclined towards gambling to get quick rich but my learning through experince and life time observation taught me a clear lessson that such adventures eventually end up in disaster with some exception when they win becuase luck is on their side. Risk managment is a science and we should learn it before jumping into any kind of trading and i can say with confidence you will win most of the time when you follow it. Old people are not necessarily wise, this is related to a person's mindset. sometimes even the young ones can calculate everything well. in trading between gambling and trading is always debated. but rest assured for those who gamble here of course it will not last long in the crypto market. it is different for those who are experienced, of course they will be calmer in dealing with profit or loss, because both are common things in trading |
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Bitwage is a platform that converts wages into cryptocurrency. Bitwage founder Jonathan Chester said: “A lot of people now want to earn part or all of their wages through Bitcoin.” The company has made contributions in the United States, Europe, Latin America and Asia this year. 20,000 employees. Some users processed $30 million in salaries, including employees from Google, Facebook, General Electric, Philips, the United Nations, and the U.S. Navy. Many of these employees have signed up for this service themselves.
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like. Do you think cryptocurrency payment will be a new trend in the future? Maybe I will still choose fiat money first to be transferred to my personal account. So that I am free to convert my currency to a coin of my choice. So that I know when I'm ready to buy. If at that time in the form of a coin, I think it is less effective. I guess it depends which one is more effective and efficient for me. if we buy cigarettes on the side of the road or small stalls, I don't think it is suitable to pay with bitcoin, because we will bear a large fee. another case if we buy a car in a showroom, of course it will be easier to transact using bitcoin. but we also don't know the future developments, and what kind of policies the government will implement, so it's better to wait |
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Greed, envy and mental trauma are the roots of evil, everything other are just instruments. For example before money appeared, people cheat and kill for food not only because they were hungry, but because they felt jealous. Or rich man, who does not care about money anymore, act bad. And even if a person acts bad, there is no way he does it because "he is just bad", he does it because of past mental trauma.
Everyone does something of course there is a goal to be achieved, and usually will benefit themselves. so it is not surprising that people for a purpose can do cruel things to other human beings. It's not just greed that underlies it, but there are also those who, because they really need it, are desperate to commit crimes, for example, if a hungry person needs food to treat it, there will be various ways to do it. |
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Bitcointalk Username: wahyu wida
Current post count: 1305
Merit earned in last 120 days: 0
ETH wallet [Must be the same which you used at the standard website.]: 0xBaA86945f0A6E78D6c9987a61dFa1f2C1E3fC94F
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One way or another, you are right, everything now runs on oil, oil is everywhere, it is thanks to oil that we have the current technological progress.
However, it is far from necessary that this will continue in the future. Before the advent of electricity, coal was the main source of energy, and what about the coal industry now?
the role of oil is very important, where almost all the equipment that helps us use oil. Therefore, when the price of oil rises, it is certain that the price of all goods will also increase. Therefore, a country that has large oil reserves, usually the country will prosper |
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bitcoin holds the majority capitalization, than any other coin. maybe this is what it says that bitcoin is the mother of other coins. so that whatever happens to the movement of bitcoin will be followed by most other coins. this is very visible when bitcoin is red, then other coins also experience a decline
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... Some people say small capital is the best to start trading with
This is the better recommendation you could give to a newbie trader. You can't tell him to burn $100K just to test his skills unless he's an extremely rich guy. In my opinion, the capital doesn't really matter, at least at the beginning. There are enough videos/tutorials where you can see how professional traders make several thousand dollars from $100 within 1-2 weeks. Of course, these are full professionals who do nothing but trade every day and often 12 - 16 hours per day. Such videos/tutorials are absolutely not suitable for absolute beginners, but show quite nicely how quickly the professionals trade and which support measures (alarms, heavy use of stop losses, ...) are are in place. In general, however, the higher the initial capital of a newbie trader is, the higher the loss  I'm not sure what you're getting at when you say it doesn't really matter and then say higher loss for higher capital. I find your post contradicting so let's make this clear. Would you recommend a newbie to start testing live trading with $100 or a $100K? I think for beginners it is better to use a capital that is not too large. because it is like seeking experience and solving the problem. Therefore, after understanding and learning about the difficulty of trading, they can use large capital by already knowing the risks while learning to use small capital |
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one of the best low market cap coins 2021
1. Matic Network (MATIC)
2. Zilliqa (ZIL)
3. Blockstack (STX)
4. SiaCoin (SIA)
5. Docademic (MTC)
6. SelfKey (KEY)
7. Basic Attention Token (BAT)
8. Linda
I think this strategy makes sense. However, you need to understand that when buying coins with low capitalization, you will need to wait for the next bull run, since it is then that these coins have a chance to show an increase in their prices. I also thought about the LTC coin and it was able to show growth. Now that prices for cryptocurrencies have sagged and there are rumors about the second stage of the growth of the crypto market, buying coins with low capitalization can be an excellent decision. I strongly agree with the development of coins with low caps occurring during a bullrun, and that means we have to be patient to wait for the next bullrun to occur, even though it won't necessarily be a pump later. I think if we dare to take risks, then opportunities like this will be able to multiply our profits |
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I think that a lot of people when they start out they follow some influences or so claimed experts blindly, and when they lose they just blame the person or the method rather than reflecting on what they have personally made wrong, sure you can follow some experts but the market is unpredictable and no one really know how things are going to go, and people find it easier to blame others, the point is experts are not going to make you rich because they are not always right no matter how credible they are.
What needs to be understood is that no one knows where the market will move. therefore self-confidence is needed to determine attitudes. many vvip channels to join and get signal, but what must be understood is that it is just an analysis, which is not necessarily true |
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quite surprised that there are still many people who are deceived by the fake giveaway program....even though there's been a lot of news about this kind of fake giveaway, the greedy and stupid ones are still there.  What can we do with this?? Only one things comes to my mind that I need to do when I see this and that is to "laugh". Kinda weird that I need to laugh with the person that got scammed but that is what I feel whenever I see people scammed especially with this one who got scammed more than 1 BTC. You are holding a single Bitcoin and yet you don't know which are scam and which are not?? Ignorance at its highest level. This is why you should learn and research more before you hold huge bags of coins whether it is Bitcoin or some other altcoins. Don't just throw your money out there without any information. Don't be like this investor who just gave more than 1 BTC to a scammer. For sure the scammer is very happy with that happened  . right, many beginners are victims of scammers, they take advantage of their lack of knowledge to cheat. therefore asking for the opinion of friends who understand more is highly recommended so that we do not get caught up in this. knowledge requires a process of learning, and from this we can learn by finding answers from friends who understand better |
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If hollywood movie creator makes a movie and use bitcoin as currency it will make a huge change to a movie because almost all the movies use fiat currency. Also if its happen bitcoin will promoted and will notice it by someone who dont know about bitcoin.
Hollywood movies can indeed have a big enough influence on the entire population of the world. So if it turns out that Hollywood decides to make movies that include Bitcoin transactions as currency, this is certainly a good promotion for Bitcoin. Will make ordinary people who do not know Bitcoin will be a little educated, I wish there were movies that could use Bitcoin as a currency. But it looks like the American government won't allow that, because the reason could threaten the existence of USD. I think so, because I've only seen Bitcoin in some movie scenes and it's also related to illegal activities. actually with a film about bitcoin will have a big influence on its development. but indeed with the film there will be many pros and cons, and it seems the government is difficult to give permission. but before bitcoin exploded like it is today, actually there used to be a movie that told this story, but I forgot the title |
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alot of people dont understand the market cycle, they just jump in and hope for continuous pump to make quick profit. there is a wrong notion that the bull cycle always preach by its evangelist which leaves newbies at the mercy of loses because of fear. alot of things needs to be understood about bitcoin , cryptocurrency and how it operates. i think this will continue to happen as long as there are newbies who dosent want to learn before investing.
they seem to force themselves to keep the pump going, but bitcoin's movement is not like that, of course there will be a saturation point so that a reversal occurs. therefore we must leave the ego to exit the market before the saturation point occurs. and to find out the saturation point, I don't think anyone knows, so don't be greedy to take profit |
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You can also consider stop-losses as defensive trading strategy, as you are trying to limit the losses on your capital and trying to save something for your next ventures.
I think this is in fact the most important way of defensive trading because it actually gives the trader another opportunity to try a trade again. This is important for traders, even myself has realized the positive side of stoploss when applied on a trade. It is saviour and a better way to do defensive trading. Well, I heard so many times this stop-loss strategy --but how you can accurately execute this matter even if we know ourselves that the market is unpredictable in the first place. I think the best defensive move is to use automated tools in trading like a trading bot because it seems you have an advantage because you can do research further while your bot executes on its own by your command. In short, there is on behalf of you that will decide to buy and sell at that point. Makes your trading easier that the manual one. We also have to be careful using bots, because in certain conditions sometimes bots can't work optimally, therefore I think it would be better if we can master manual trading. and I think stoploss is very useful for a profit trader to anticipate a greater risk, so that risk can be adjusted according to our wishes |
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Its useless though, if you make technical but you're not updated to some news about the situation of the market. Because news nowadays is so mean in the market thats why we need to keep reading and seeking for a news that can give us information before making technical analysis, which is to assure everything is accurate and you know or you have a clue how market will react.. Because that's how useful the news to some traders nowadays especially on this situation.
News really determines market movements, indeed news is the main consideration in trading. for example when the token will be listed on binance for example, of course the price will increase, so we can buy it when the price is still low, or maybe there is global news, like the Chinese government yesterday, of course it can affect the market |
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