A technique, or trading framework, is basic. The markets can be chaotic and confusing, particularly for somebody without a particular arrange of activity that can be utilized once more and again. Without a arrange, you'll react to the market rather than anticipating the market. Making a exchanging arrange could be a profoundly person prepare and as a rule stems from a long time of involvement.
Indeed. For you to have a successful trading, you need to have your own technique and strategy to earn during the downfall of market prices. Having your own strategy can help you minimize losses especially when you have knowledge about it. It's better that you have a set aside funds and trade only your prepared money. Have also a plan when you start on trading, be inspired and make your mistakes or losses as an inspiration to gain. |
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Looking at the market now shows that crypto developments have started to rise. Bitcoin has shown its quality and is worthy of being an investment right now without you having to delay. The price of bitcoin does not always go down, it is proven that he has risen. This is the right time for you to make money..
Yes, at this time the market is starting to go green and of course conditions like this are what we expect, I hope the current market conditions can last longer. we'll see for the future the development of the cryptocurrency market Indeed. Looking at the crypto market, prices started to increase or go green but we must expect something in return. Everything happens might have changes, it will not remain as what it was right now and I hope too that this increasing of price will last longer because I know everyone of us wish this. It's proven that cryptocurrency prices will not always remain as red, maybe it turns red because of some changes they did for this to improve. But, as we see, market prices are increasing and is proven that it rises. This time is the right time to make money and earn profit. |
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I think that money is an important factor one to be even more happy in their life. I think that rich people are happier than poor ones as they have a lot of money. Rich people also have tough times in their life but they are still rich at least. They don't have economical hardships. They just deal with the problem directly. But it is not the same for poor people. They have to deal with the problem itself and being broke at the same time. And this is really hard to digest for those people.
Money certainly has an important role in making life better and happier, it is impossible for people to be happy when they owe a lot, so there are debt collectors every day, especially in this day and age where almost everything must be rewarded with money. without money will certainly make life like torture. Indeed. It has an important role to make our life better. Money can help you buy anything you want that makes you happy but money can't buy real happiness like what other people want to have. Yes, you're happy because you have a lot of money, but do someone loves you? Money can manipulate people, when they have a lot of money, they forget to appreciate the small things other people gave to them. Not all happiness is about money but indeed, for us to live we need money to meet the needs of life. Therefore, it is clear that happiness and money are the two things we need to live our life better. |
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i was making analysis about crypto market and found thread which is created by op, long time ago. Well people were waiting for another dip when btc could go under $29k value but opposite incident is happened. meanwhile market condition is going crazy, lots of people including me already started trading and still in profit. I think this is good time to buy or you could wait a while until you think you should buy or trade with currencies.
Indeed. If market price experiences downfall, you can still buy coins. It's a big opportunity right now to buy coins since market prices started to increase which means you can gain profit in the future when you buy coins this time. Market condition is very okay which people who started trading always earn profit. It's better to buy coins right now and wait. |
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I think now is the right time to buy, because the crypto market has started to recover, and we can see most of the altcoins have started to increase, before the altcoins go higher then I recommend buying now especially coins like ETH,
Indeed. If the coin price this time is lower. You can buy it now. It is a good opportunity to buy since crypto market are starting to recover and price are started to increase. If we buy coins, we need to wait for the right time, holding is the best option and can surely help us earn. But if we are like those sellers who get panic when the market price is increasing then we will surely lose a huge amount of money. |
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Yes it's not a game but you can't be too fixated on it though, remember to take things easy even with trading because being too serious can make sometimes cause you to be blind on the things that are obvious and those things that you missed could have saved you an heartache or loss.
Indeed. Trading is not a Game where you are able to do what you want without thinking the possible results behind the things you did. Trading needs strategies, techniques and needs stop loss order to minimize your losses during trading. If you trade, you need to also see those things that might possibly help you gain high profit. If you will be blind and just focus on the things that you are into then you might lose huge profit. Trading needs patience, hard work and knowledge. Trading always have risk, so it really needs knowledge for you to gain profit. |
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There are many prediction about the upcoming bull run this year! They said Bitcoin will reach $150k others claim Bitcoin to tap $250k. But the good thing is Bitcoin will rise up and there will be a sure bull run! The bitcoin top would be Dec 2021. I personally believe that there will be another btc bull run and alt run before 2021 ends. what you guys think about it?
btc to 80000 or 120000 USD
well, that's all the hopes that people write who want to see the price of bitcoin become hundreds of thousands this year. however, another bull market may still occur this year. Yes, the opportunity is still very big. in addition, the price of bitcoin is also not too far from its ATH for now. I'm still hoping for good news that could make bitcoin price over the $60k range this year. Though similar to that. But, people have different opinions about it, maybe some of those people believes that there is another bull run before 2021 ends since they are expecting high profit, but some will definitely don't believe it. We have different opinions about it but it was a good news if ever it happen in the future. |
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It's easy. You just need to be contented with what you have.
Daily food on the table should suffice especially in this pandemic.
There are kids outside who won't experience that or never will but we can and that should be enough to be grateful every day.
Even just the roof above your head is something to be thankful for. What more with the ability to make profits just using logic and a computer?
I know what is happening. Because of our smartphones that are always glued in our eyes wherever we go, we forgot to look at our surroundings.
I realized that long ago when I started to just listen to music when traveling and just look at my environment. Compare what you have with them.
Indeed. Being grateful means be contented of what you have. I am grateful for the food we ate, even it is not enough but at least it gives us strength. I am grateful having my family and my son, even though we are not rich but at least we're happy. I am grateful of my mistakes because through those mistakes I made, I learn a lot from it. I am grateful to the opportunity to have an education, to have my son, my family and friends and especially having a good health. Never let the things you want forgets the things you have. |
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The root problem is mentality of the person and his nature because I have seen many people who has bag loads of money with them and still down to earth and showing they are just as common to you.But sometimes people don't have much money but their minds always play dirty games and they do some robbery or kill someone.Money is just a source which can be used both in a positive and negative manner but it depends upon the user how he utilities it.Warren Buffet and others on rich list are not indulging into any dirty politics or cheap crimes.It is our greed and Nature which forces us to do evil things.
Indeed. It was really the mentality of a person and it's nature because what they have seen by other's, they might do it also or copy it. Today's society is governed by money and through money people become rich and poor and as we can observe, in every activity there is a corruption through money. Money is not the root of all evils because there are lot of poor people that even they don't have a lot of money but they are happy with the presence of their family. Some people use money on bad deeds. Money is only a means. It is neither good or bad in itself. You can decide to pay someone to do bad deeds or you can contribute to charitable causes. |
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Can you give us information on what you actually mean by "encrypted"? Because I really don't get how encryption related with trading. You might be totally misunderstanding what that word means.
I think what he/she meant about encryption is the modern asymmetric encryption methods which ables to secure by relying in it and also secure nature of transaction in blockchain. Cryptocurrency holders use private keys to verify that they are owners of their cryptocurrency. Transactions are secured with hashing and blockchain encryption techniques. But I think that begginers may have these strategies such as knowledge is power in any trading especially here in cryptocurrency. Learn to set aside funds, starts on small and be realistic about profits for you to earn good profit. |
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Desperate and hasty decisions in life are very dangerous and can be detrimental, Desperation in trading is even more dangerous, and newbies in trading should recognise that decisions made desperately in trading often lead to mistakes that can make you loose your entire portfolio and cause the new trader to be depressed and not want to continue in trading.
Do not make hasty or desperate decisions when trading, always try to be calculative and analytical, the process of making money requires a lot of patience and learning and new traders should be made to understand this.
Calmness and patience are needed in the world of trading. Many people are impatient with making money, and they end up regretting it. In fact, many people always repeat the same mistakes in trading because they are controlled by greed Many people enter the BTC market with the intention of making a lot of money, and in some cases they want to multiply their money in a short time, because they believe that trading gives money that fast, that's where things start to look bad, and that is where most operators begin to fail. For many newbies they only follow signals with the intention of multiplying their money very quickly, but it is the worst of businesses, because most lose all their money. To generate money in trading or with BTC, it must be taken into account that safe profits are long-term, and that not everything goes into a single operation, that is why I see trading as a business, where in each operation like this small profits are obtained, but they are profits. Indeed. They did all their best just to double their money without knowing the result of what they did. When you enter in this kind of platform, you need to know first what is it all about and have knowledge on it. You need to have your own strategy to double your money. If taking risk is your best way, just make sure you manage it in a good way. Being greedy is not good, it will lead you on losing such a huge amount of profit if ever. Calmness and patience is what trading needs. Traders lose such a huge amount of profit because they are controlled by greed. |
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Sad story, I hope it's not true. In any case, during difficult times or difficult conditions, it is always important to understand that this is not eternal.
Bad times will pass, they always pass. Take a look at the cryptocurrency cycles, the same thing, winter gives way to summer, and so on.
Everything passes. As long as you are healthy you can be happy and self-sufficient.
It was very sad, but I guess not all the people have this kind of perspective in life. When it comes to emotional aspects then each person was totally different. Some of them feels like it is already the end of their world when they experience such a huge dump and loss a huge amount of money. Some of them can handle those kind of situation but some also can't handle it which they decide to end up on taking their own life. It's very important for you to learn on how to handle or manage risk and be aware about everything. Prepared yourself of everything that might possibly happen, have knowledge on it and be patient. |
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I think altcoins that are in the top 10 in CMC are very good to invest in, but if you want to minimize your choices then ETH, and BNB are very good choices for long term investment, because these two altcoins have very high potential,
Can't go wrong with ETH or BNB, these two coins are probably the most popular mainly for nft games as well, a coin that has nft usually can pump the price high if there happen to be an NFT project that is really hyped up by people because its indirectly helping add demand to the market. while BNB with its BSC is really strong because many projects created there. ETH and BNB is the most favorite coins in cryptocurrency so i think investing on both of this coin is very low risk compared to any other altcoins. Right now my portofolio is dominated by ETH 70% because of the London Fork, today i sold all of my altcoins which is HEX, ADA, TRX, SOL and turn it into ETHEREUM. I don't want miss this big opportunity to get a lot of profit from ETH, after the London Fork it gonna be so easy for ethereum to rise and my prediction ETH can rise more than 20% in this week. Indeed. ETH and BNB is the best coin which is always in top rank and surely will help us make profit. We don't have to worry about risk because it is always been there and if we don't take any risk, we might not learn our lesson and have knowledge on it. And, about the altcoins you have just mentioned, those coins for me are great and can surely earn profit. I don't want to miss this big opportunity to get a lot of profit because I know that after everything happened to Ethereum, it is now easy for this to rise. BNB and ETH is a good choice for long term investment with less risk on it. |
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I think you should add to your list that a drop in price is not directly equalling losing money. We still own the coin and as long as we are not selling we don't realise our loss. On paper we might be losing money but it is not yet confirmed. In the future we could always see another rally in the coin and make back our losses. As trader we might be inclined to trade coins quickly, but as an investor we could always switch to a more long term approach. Just like with Doge Coin for example, there wasn't much price changes for years and then all of a sudden the coin started to rally.
Indeed. When price drops, it doesn't mean you will lose money, maybe you will never earn additional of your prepared money but at least you can still earn even small percentage of it. When price drops, hold it and wait until price increase, because as long as we are still holding those coins, we don't lose anything. During downfall, we need to wait even it took for years as long as we know we can get a good profit in the future. Greed is the one reason why investors lose their money. I know everyone wants to earn huge amount of profit but it needs patience and knowledge before you earn it. |
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If the world is suffering, I wouldn't drive a Rolce Royce drinking juice or JD or relax at the beach. Instead I would use the money earned to help out people who are in need of it.
Yes you’re right, I wouldn’t do the same either, but people are not the same. There are people who would do that lol, there are people who don’t care whether others are suffering or not, but I wouldn’t really blame. When you try to talk to such people that what they are doing is wrong, the question you will get is whether you helped them make the money or whether you contributed to their success. So that’s just it, and it’s true, you didn’t help them make the money, they worked hard for it and some are lucky about it and didn’t have to work for it because they came from a rich family. But whatever the case may be, the truth is that the money is theirs and they can spend it whatever way they want. Indeed. I will also do that because helping people is what I really want if I have enough money, but as what you've said, people have differences, they are not the same. Maybe we need knowledge to succeed and to have financial freedom but I tell you, if you only have knowledge without doing something or working hard on it, you will never have it. Use your knowledge with an action, work hard on it because knowledge is not enough when your not doing something to succeed. |
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Analysis of supply and demand is very influential, and also in my opinion if the project that uses crypto is carried out as expected, I am sure the next week and months will definitely go up, but the good news and everyone's desire to invest the coin is big, it will definitely go up. also. that's what I think.
One thing is very sure , that if Manipulator bets on that coin for sure it will pump with huge amount. but also expect a dump in a matter of time. Indeed. We must expect everything because everything happens here. We must have knowledge about trading because if we don't, we might be able to lose everything we have. Technical analysis is what we need to understand and this requires knowledge and reading graphs as well. When you learn about this already maybe even the coin decreases it's price but still you will earn. |
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If you want to mine in ekosistem utopia then we first see the development of the project if the volume that happens every day increases then it is very good for us to hold, and importantly you are sure with the project, because every mining there must be a risk, and you also have to see the team working on the project if it is always active then it does not hurt to participate in the project.
If you know it for too long then it's good for you but, some people don't know much about the coin that you've mentioned, they know what it is but they don't know how to handle that and they don't have proper knowledge about that. Crypton maybe have a good price right now but nobody knows it's true development. Coin will increase it's price sometimes but somehow it will fall unexpectedly but as I know about crypton, if it will added more platform then the value of crypton can certainly increase immediately. Everything has risk but you need to always have patience. |
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The true test is to consistently make money in any market condition. Which is what most people can't.
You're a trader if you can.
True. Not everyone can make money in any market situation. Mostly are aggressive during the bullish run and makes the best out of it. But when it is bearish, it is the hardest time to make because you are mostly buying and won't be selling. Indeed. No one will earn if there are lots of issues especially when there are negative situations that may cause prices to decrease. I suggest to all the traders that they must need to be careful and always think twice or more before making decisions, just like buying coins, you just need to make sure that you can gain even a small amount of profit when you trade. Trading is very risky and you need to have proper knowledge on it. Learn from your mistakes and always make your worst experiences as an inspiration to gain profit and avoid loses. |
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I'm currently working at a normal 8-hour shift job, 6 times per day in order to make a living, but I was always seeking some extra income that could be earned at home. Moreover, I'm doing my internship now, in order to graduate, in which I'm working from home, online. However, I do not actually count that as an online income, due to its nature.
I'm interested to see how other members of this community earn money online, either if it's a full income, or some extra pocket money. I used to trade a few months ago, when I was out of work due to Covid-19 restrictions. Likewise, I've stopped now because it was causing me anxiety, while at the same time having limited time due to being occupied with work.
Although I've stopped trading, I invested my money into DeFi projects, the first vault I joined as a liquidity provider, was an algorithmic stablecoin (Bolt Dollar), which resulted in approximately $1.000 in gross profit, before sinking into the abyss. I've now resigned from risky vaults and invested into Stable LPs (Currently in Iron - BUSD). It's a small reward but involves minimal risk and action.
My last source of online income is signature campaigns, I've been in one for quite a while and I wish I had more time to post more, but I do not, I'll prefer to not post crap all around the forum just to get my post count up.
I might not make much, provided I had more free time than I would definitely earn more, but I'm satisfied that I have another method of earning some kind of income. How are you making money? Are you a full-time trader, a DeFi investor? Let us know!
I am also a real worker, 5 days working in the office. Because I never work overtime and come home late in the evening, so I still have plenty of time plus 2 days off when I'm at home. So this is where I do my holiday activities by trading and getting side income from the bounty, at least there is savings for later I want to retire young. I don't have any means of income for now, it is just this signature campaign and other investments. I am just a student who really needs a stable job for now because it is not easy to find money in this time of pandemic. I try to sell online but those things I am selling is not that needed in this pandemic that's why I decided to stop and focus on studying, my son and this signature campaign I am holding. As I explore here in cryptocurrency, I learned a lot and I am proud to be part of it. |
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I believe that beginners lose a lot of money in trading only because they make large deposits in the expectation that this will reduce their risks.
You need to start with a small deposit that you are not afraid to lose, and trade in percentage terms based on your deposit as 100%, regardless of the amount deposited.
And that won't lessen the risk, whether big or small deposits, risk won't change. But their potential lose is just going to be lessened if they tighten their budgets. It's the best start, to only deposit with small amount and their run from there so they will get the experience and as well as strategy. Indeed. Risk is always been there not just here in cryptocurrency world but also in our daily things we did. We can't avoid risking but we can manage it through learning. Some of those newbies are impatient, doesn't have trade plan, trading without knowledge on it, and trading too much. Other reason is they don't know stop loss tool or they are not using the stop loss tool correctly. If a trader uses stop loss they are actually able to control the risk. The best way is to start again if you lose huge money and try to make those experiences as an inspiration. |
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