I read what you have concluded from the beginner's way of trading. I am confused, did the beginners not learn any trading skills at all? so all trading mistakes happen to them. I hope beginners always have some basic learning before jumping into trading. All require certain processes and stages, it is impossible for those who are new to crypto trading to be successful immediately. However, minimizing errors so as not to lose big.
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what is the basis of your analysis saying that $120,000 will be achieved by BTC. I do not condone borrowing money to invest in Crypto, as this is very risky to the finances we save for other emergency needs. the future of crypto cannot be predicted with certainty, sometimes in the next year there will be a dump or pump for a long period of time. You see, after borrowing and investing, the market collapsed. this will make us sell everything to pay off debts, even what we have will be sold out.
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yes, all who invest in their bitcoins have got financial freedom. This is for those who are not afraid of losing their money in the past, bitcoin was once underestimated by some for its future opportunities. and now the fact that there are a lot of new billionaires with huge profits that bitcoin gives. i don't make a lot of profit from bitcoins, unlike the surviving investors many years ago. bitcoin has given me the trust till now to fulfill my needs.
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it is impossible to keep the secret of the phrase to access crypto. this is an asset where our children and wife will use the amount of money that is in crypto to survive. we are really cruel if we don't give them the keys to access our assets. I think that phrase will be the next inheritance for children and families as inheritance.
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You should be happier even though you are being hit by a big loss. it is time for market correction, there are even altcoins that have lost their value. it's a big joke for us. I can't say it's a wrong step in investing, of course professional traders are also not always right in analyzing the market. Relieve stress with other activities that I think is a good idea instead of having to think about it all the time.
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Trading is not a mission to get rich, but how you can change your finances for the purpose of financial freedom. learning is part of the first step to success in trading, there are no shortcuts to get rich in a short time in trading. using part time to start learning trading for me is a must, rather than trading using instinct with very minimal knowledge.
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it is unlikely that the government will freeze all the accounts of its citizens, because it will bring other big problems that will occur in the community. But if you say don't keep all the money in the bank, I agree. set aside cash for you to save at home, outside of the technology used there are still places that are still natural and there it is difficult for us to transact using a bank.
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Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto? Could anyone answer me?
no one can predict with certainty the ups and downs of crypto. You said this is a correction for crypto, not all altcoins are corrected. but if you look at the number of altcoins as a whole there is a decrease. if a trader sees the current conditions, this is a good time to buy a number of altcoins that are experiencing correction. which is based on research on the price movements of the Altcoin.
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Not only the poor, the rich are also after their profit. Rich people and poor people alike have to manage their finances well. We must be able to share it well with financial management, ranging from daily expenses to unexpected money. Speaking of us as poor people, we don't invest everything to trade, because if there is an emergency need, we don't have to give up our trade.
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Yes, I can make money trading. Of course in trading knowledge is the most important thing for us to have. In doing analysis, all based on knowledge, not instinct. In some situations the market may not be in our favor. but it is a natural thing, as you said even successful traders have experienced failure.
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The importance of skill in trading is not to lose the money we invest. Skills must be complemented by knowledge and good financial management. Most people who have trading skills are able to regulate their emotions in opening trades and closing trades. They are not in a hurry, so they can analyze the market well.
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Everyone analyzes crypto price movements, in the content presented on YouTube should re-examine and make their own analysis. It is important for us to expand our knowledge of crypto and learn from various sources so as not to rely on one analysis. There we can still consider all trading techniques and what strategies are suitable for our trading. So it's important to consider everything we know.
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Yes, forex is really high risk. Starting forex trading must have extensive market knowledge. Skills and techniques for opening trades should be very careful. What is at stake is real money, and when you misanalyze the market it loses all. There is no way to hold on until the market recovers, because Forex trading is different from crypto trading.
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Yes, bitcoin has helped many people towards financial freedom. Bitcoin operates independently without being controlled by the government, this makes it easier for bitcoin to not be intervened by any party. Investments in bitcoin are not legally protected, and the honesty of bitcoin management makes all its users trust without arousing suspicion.
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I don't think so, are you new to investing in BTC in the short term and just getting started. if just starting to invest, we can say we are stuck in it, BTC is being corrected. for me this is very reasonable, because it has long been pumped and touched ATH. for investors who have held on to before the BTC pumped up, this is the last remaining opportunity to take profits.
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Yes, a diverse portfolio is better for those of us who invest. But invest a large amount depending on how much money you have, don't use all the money to invest. Make sure we have savings for emergency needs. Unexpected things will happen in our life, so we don't need to rush to withdraw crypto assets, especially when assets decline, this will lead to losses.
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this should look back on market conditions, if short term investment can be profitable i agree with you. But if there is a decline in whether to sell it and take a loss? I think this needs to be reconsidered, I choose short term investments if the market is profitable, but when there is a downturn then I hold it. Or we have to make a profit target, if it has been achieved then we immediately take it.
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I'm not so sure about buying new coins listed on the exchange, this is based on experience with new coins they often throw away after being pumped for the first time, only a few coins survive and are able to compete in the market. I made the decision to buy a potential alt, and always open a trade when the coin is going down. Although the profit I get is not much, but I use it well for my daily trading.
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Market dynamics sometimes make what we think is far from reality. the dump could have been influenced by the whale withdrawing all its assets in bitcoin, another factor also emerged from the influential social media users in the crypto world. however, the altcoin dump factor in general always follows bitcoin. This is indeed undeniable with the state of the market.
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This is called a paid hobby, playing games is too much time wasting. but what we previously thought was useless can now provide income for those of us who make gaming a hobby. I congratulate you because the game you love has become one of the paid NFT games. Ubisoft's concept of "play games and earn money" is a way to entice players to play their games.
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