The best tip is that before investing take your time in studying the market. Do not blindly put your money. Learn how to analyse the market and test the market with small capital. Then, take bigger risks as you gain experience.
Well as long as new people who want to invest in the long term do not invest their money in shit coins then I guess it will be alright since we can pick top coins on coinmarketcap like ETH and BNB. Never FOMO because other people invest in that project because there's a chance that's a scam project and don't forget to use money that we can afford to lose. |
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You should first use your money may be its a little or more but without using your money you cannot get it back, and there is not such a project in crypto which can give you income without investing and trading. It is something difficult to achieve goals without involved some sort of cash. Yes you can do this by getting loan and then make trading but it is not sure that this cash will get double because due to volatility your payback cannot be sure. There is hazardous of cash loss.
Loans or borrowing money from investment inside crypto is not good advice. The chance of being broke and have big debts to shoulder might happen since fluctuations and volatility is something that is hard to resist. Though if you work harder with your research and study chance is also there for you, there are many factors that you needed to deal, reasons that you can use as a basis when starting to invest with crypto, equipt yourself before diving inside would save your butt and avoid you to lose a lot. I agree, that borrowing money is not a good thing even not in only crypto but in other things too that's why money management is very important knowing our buy limit is better rather than spending more than our income. We can use demo account if we want to start trading or we can use a little amount of money if we want to try investing in a project. Don't rush because we want fast money but patience to get more. |
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#Authentication postTwitter username: LastKiss Twitter profile link: https://twitter.com/HoldYourColorsWallet Address[BSC - BEP20]: 0xe42377ae15BCCe3D63559f23519283B4FDB3787d
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the current market situation is still not possible to take short-term profits be it investment or trading. Judging from the market that has passed, this will last quite a long time and it would be a good long-term investment.
So, the current situation is a good time to buy.
Since it will a long term run then I think it will be good to trade short term since until now we only see Bitcoin movement from around 20k$ to 25k$ and until now the bear market still continues tho and we still don't see any bull market incoming. Maybe until December end we can see another hope for a bull market, for now it's better to accumulate more whether it's long term or short term as long as we're not greedy I think it's fine. |
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~snip~
All financial markets are in the grip of many fears those have created negative sentiment like further increase in interest rate, US economy will go in recession because GDP data released during the last 2 quarters shows negative growth, China Real estate market is crashing. I think it is right time to accumulate good crypto coins/tokens as they are available at very good price and wait for market reversal which will definitely happen sooner or later because bear run won't last for ever.. I agree there's a lot of negative sentiment out there that impacts the crypto market, this year is very rough for the crypto market and many people still have a bad experience from it. One of my friends doesn't want to invest anymore since he has already lost from this bear market and lost another one from a scam project. but those who keep some funds in their wallet they can get a good price right now. |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
Well if you sold your Doge because someone said you to sell then it's your mistake but since you sold your doge with the plan that you already set then it doesn't matter what the result is. If you thought that is one of your mistakes then just learn from it so it won't happen again in the future, be a strong holder with decent planning. |
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Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
It's better to show us some screenshots to be honest since many things can happen when you use the platform, maybe your connection is the problem or maybe the platform is the problem. If you miss for taking profit then just hold for another target since we are positive that crypto will reach their ATH again in the next few years. |
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to be honest in this bear market i really have a hard time finding the DIP price of a coin,
i've tried to analyze it technically, and when the price dump all the support is broken,
and it makes me really frustrated, any suggestions?
Use the money that you can afford to lose, invest gradually not in one move so when another bottom price is reached you can use your left money. Since we all know that the crypto market is very volatile don't really hope that your prediction is always on point, just preparing in the worst case is better rather than nothing. |
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The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.
All crypto market is in bear condition so it's normal when we see a dump after the merge since the crypto market is recovering slowly we're still seeing some correction until this year's end I guess. If Ethereum dump really low then it's our chance to buy it so when the staking goes live we can increase our portfolio through staking. |
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I think projects that are active on social media and often hold AMA are projects that have the potential to be large, I followed several projects that often hold AMA and are happy because the sign to be bigger is increasingly visible, but I don't want to guarantee 100% that my experience will be in accordance with people other.
in communication side if developers team regularly hold AMA , its good thing for us as investors. we will know the lastest update about their developtment so it could be indicators how they will build project transparantly. but we need more than AMA , they must also deliver product as suitable with their timeline so more trust will coming. I agree, that AMA can hold investor's trust in the project since the project maybe needs more time to launch its first product or second product. But many projects still didn't have AMA because they were too busy and only the manager of social media who only answer us in chat apps like telegram or discord. Finding a potential project it's a bit tricky in this bear market tho. |
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We have to consider the bounty allocation with the number of campaign participants received because low bounty allocation with many campaign participants will not be suitable for final token distribution, you only get low tokens so it is not equivalent to campaign for weeks.
You are right, we have to make sure the allocation for the type of each campaign for example for signatures then we have to count the participants that have been received on the spreadsheet, so we already have a simple calculation of the number of token shares that each participant receives after the bounty ends, but we have to review the potential of the project as well because of the high bounty allocation also sometimes fake because the token is worthless even the project is a scam. In this bear market, mostly tokens on new projects will end up worthless since they holding their progress until the bull market happens. Just don't hope that when we join a bounty we can get good payment since many new projects struggle to get some investors because many people are not willing to invest in the crypto market in this bear market. |
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~snip~
👉👉Conclusion: People with good and profitable businesses can borrow money to boost their business during inflation. They will always be at the gaining side if the money is utilized well.
Once again if everyone has a good and profitable business then borrowing money is not a problem but people who struggle to even get some profit from their business will have trouble paying their debt. Just borrow money when you have a plan on how to pay your debt when the times come since not everyone feels easy to pay their debt even when they have a job. |
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