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So you want to play gamble by choosing one of the coins?
I suggest you buy all of the coins with the same amount of bitcoin, so you will have the chance to make a profit from each coin. I think you need to analyze one by one of the coin so you can get the coin you want. Even if you ask people what coin is good to buy, you still need to analyze by yourself.
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If one country does that, I wonder how that country can survive from the virus? The economy of that country will be in trouble, and their citizen will demonstrate because they can not go out to search for their daily needs. We can prevent the virus if we can take care of our health, we obey what our government suggest to us, and we always make our hands clean after we touch everything. If the governments are trying to open the market, then they need to have a strict rule for everyone so people can prevent the virus.
The best to combat this virus is the availability of vaccine. However, this is not possible for the next coming months so what we can do is follow at least the protocol of social distancing, use of face mask, personal hygiene and others that may lessen the possibility of infection. For now, countries need to open slowly even without this vaccine as prolonged lockdown can really hurt the economy as well as starvation of its constituents. But we don't know when the vaccine will be available and distribute to all country which get the effect of the virus. But we can prevent the virus by having good health, and we always remind ourselves and other people to follow what the government suggest to us. The process to open slowly the lockdown is on the way and many countries preparing everything so people can live with a new normal. |
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2020 is still long, we all look forward to surprises at the end of the year. Many things are unpredictable, which is why I am more relaxed this year. This is just my feeling, but I'm sure alt season is coming, and most potential altcoins like ETH, XLM, XRP, BNB, will have big pumps. Another ALtcoin that has experienced good development this year also needs to be considered. This list might be an alternative.
The altcoin season will come soon, and we don't need to worry. We only need to prepare for the coming by having much amount about the coin which have the potential to increase. The coin you mention will have the potential to get big pumps again, especially ethereum and bnb, so you can buy more if the price is down deep. That is the way to add more amount so you can sell it all in once the price increase so high. |
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Failing in trading cryptos is part of the process for you to acquire lessons which is vital for your trading journey. The most important part of it is that you have to learn from your mistakes and to be better next time. Mistakes are normal especially for new traders. Try to seek help from other traders out there in the community. You could also watch videos which teaches newbies on how to avoid those mistakes.
I believe every trader make mistakes, whether they realize or not. If we can learn or we want to learn from the mistake, there will be no worry for us because we can improve our skills at the same time while we learn. If he can ask pro traders out there, he will found out that the pro trader makes a mistake too, but the difference is they can learn fast, and they can improve their trade based on the market so they can recover the loss in a short time. We can do that too if we can learn more and more. Yes, it really is. I looked at the errors that the OP had written about and saw that I had also made them. The main thing after making such mistakes is to analyze their cause and avoid them in the future. But this will not still guarantee that you will not commit them again under the influence of external factors. If the OP can prevent the external factors, I think he can fix the problem step by step because there is no need to hurry to recover the loses in trading. Once he can get the point from the mistake, he will learn how to prevent the other mistake, and he will be careful to trade. He will trade with better with a better analysis so he will be able to recover the loses. |
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basically a fall in the price of bitcoin is an opportunity to buy for those who are waiting for low prices. but the recent decline from $ 10k to $ 9k doesn't seem like the right moment. it's just that, if you believe that the price of bitcoin can pump even higher, then prices below $ 10k are now an opportunity.
Maybe we need to wait for a while until the price is at a low price to buy. That is why before we decide to buy bitcoin, we need to analyze to find the right time to enter the market. We can make more than one order buy so we can get the lower price to buy bitcoin or we can use stop loss to prevent the big loss. This moment, bitcoin price is down again for more from $9,600 into $9,500 level, and maybe the price will go down for more so you need to wait for a while to see what will happen later. |
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$10,000 is a big barrier and I don't think that because people are just sitting in their home with their machine and see bitcoin pop up when do search, we will see the price going to 5 digits again, it will not be the case. Lock downs around the world are easing already, so if your argument is true, then we will not see bitcoin at five digits? What we need is more people understanding the true nature of Bitcoin and how they will used it, Store of Value, investments or for trading to make more money.
No, that will happen like that. But people will buy and sell bitcoin will make the price up to and down, and back to $10k. Maybe it will not happen in a short time because people need to think and learn more before they decide to join in the bitcoin world. There is so many advertising about cryptocurrency in many places. That can attract their attention to the search for more information about cryptocurrency. It is most important is the Volume of people that vested in this market because eventually in a matter of time and they found out that this is profitable,for sure they will Put their money inside and may add amount in future,what we need is for the whole world to acknowledge this market at the same time currency.
The number of people who join crypto will increase, we need to be patient because I think they still search for how they can use bitcoin and altcoin, how they can buy bitcoin and altcoin, and else. |
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I think people also need to understand that trading is not for everyone. If you study trading and still don’t understand what it’s all about, then I will advise you to just stay clear from it or you can still choose to give it a try and if after several efforts and it’s still not working, it’s best to consider something else in cryptocurrency than to continue losing your money.
Maybe after you have raised enough from the business you’re into to the extent you feel like you can throw some away, you can then get back into trading and do your best with those money you are afford to lose. Still, if you achieve such a state in your life, it would be much better to precalculate your risks and then trade cryptos accordingly because this way you can avoid unexpected risks which will cause huge losses.
Trading is not for people that won't observe the tenets necessary for a successful trade. But anyone that can learn and abide by those principles can succeed. Three important factors to be managed remain greed, trading within budget and patience and I think they are important to me as a trader as well Learning about trading will also help traders to gain more info so he can analyze the market. There will be some time to be a successful trader because we need to learn more and more, and we have self-control in trading so we can prevent greediness that can come to us. We can close the trade at the right time so we can make a profit. |
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Stay away from cloud mining because that is not recommended way to make money or earn bitcoin reward. We don't know how long the company will stay online or exist, but you will not make a profit even if you can, you need to wait for a long time before you can get break even. If you have a lot of money, and you have low electricity fee, you can start on your own, so you can know how long you can make a profit.
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Failing in trading cryptos is part of the process for you to acquire lessons which is vital for your trading journey. The most important part of it is that you have to learn from your mistakes and to be better next time. Mistakes are normal especially for new traders. Try to seek help from other traders out there in the community. You could also watch videos which teaches newbies on how to avoid those mistakes.
I believe every trader make mistakes, whether they realize or not. If we can learn or we want to learn from the mistake, there will be no worry for us because we can improve our skills at the same time while we learn. If he can ask pro traders out there, he will found out that the pro trader makes a mistake too, but the difference is they can learn fast, and they can improve their trade based on the market so they can recover the loss in a short time. We can do that too if we can learn more and more. |
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Bounty hunters are marketers who later will turn investors. I have personally held some altcoin I got from bounty, and even invest more on the project when I see how good the project is and that I got just small tokens from campaign. More so developers are suppose to give to hunters what won't have a bad impact on their market and it's the right of hunters to receive payment.
True! However, a lot of devs are doing the opposite thing. They reward bounty hunters at a lower rate than usual and expect them to follow along with their project. Once the project can't hit its target, they turn to blame us all. Personally, I don't usually feel comfortable working with people who have a bad work ethic like that lol! That happens much time, and we don't have to think about that. People already help them to promote their project in many ways, and in the end, they blame people because they dump their token in a second once the token gets the list. Well, that is not good for the project. After all, they can lose the opportunity to gain more people to support their project because they are blaming people who help them before. People out there will see who they are, and they will think twice to support them. |
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Nothing can be changed anymore when its all done but you get to have another chance still.
I have some pondering too after I realize I have lost a lot. And If I just decide to withdraw instead and cash it out, I wouldn't have regretted the ones I hurry to buy in the early days of the crypto winter. Anyway, things changed and I have learned to trade well despite the less capital.
I agree. We have the second chance to fix the mistake by the search for the way to fix the mistake. If we don't give up to fix the problem, we will see another opportunity to get another chance to recover, and we will get another happiness. We need to learn from the mistake so we will see the chance to improve our skills to better. That's the best thing with a mistake, we get to learn and that I hope it wouldn't hit us the second time.
Even if we make another mistake, that will give us another experience so that can improve ourselves to have a better way to solve the problem. We will see how we can solve the other mistake in the future because we already have the experience before. |
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I think the altcoin will have time every year to rise, but there will be one-time for the altcoin to increase so high, and that will happen in random years without we know. But after the bitcoin halving, the chance for the altcoin to increase so high will wide open because bitcoin price will rise so high too so that can make the altcoin will have the same opportunity to increase. We don't know if this year the altcoin will have that chance, but as long as bitcoin price can slowly to grow, the altcoin will follow.
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The only way to stop the spread of corona virus is social distancing and complete lock-down. But the people are ignorant as always and don't follow the guidelines provided by the government. Also people break lock-down and roam around everywhere like there is no tomorrow even in the areas where the lockdown is implemented. If everyone stays at their own place for straight 2 to 3 weeks then surely the number of new corona cases will come to a cease and this will result in the end of corona. I am sure there are countries that tried complete lock down but what is the economic damage you are taking by shutting down everything. Keep the hygiene levels and always wear a protective mask and avoid big crowds and you are safe. The governments are trying to open the market as they cannot keep on shutting down everything and we will know the entire damage of the virus in a few months. If one country does that, I wonder how that country can survive from the virus? The economy of that country will be in trouble, and their citizen will demonstrate because they can not go out to search for their daily needs. We can prevent the virus if we can take care of our health, we obey what our government suggest to us, and we always make our hands clean after we touch everything. If the governments are trying to open the market, then they need to have a strict rule for everyone so people can prevent the virus. |
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I have come to a conclusion that we might need to reflect on the past at times to set the future right. What brought about this conclusion?
I have had so many negative experiences in some things in life which cryptocurrency is inclusive.
Here is the importance of evaluation. Regretting the mistakes made will not have any effect without evaluation. This evaluation aims to determine a more appropriate strategy, this is the learning process. Eventually we will know that this requires a process. There is no instant profit without having a basic knowledge, except luck. The evaluation will bring a new lesson to them so they can have more experience. They will have the opportunity to improve what they need. The mistakes will always be there because we all are human which making more and more mistake, but we have the chance to evaluate the mistake, so we can get the point to understand that we can prevent from making another mistake in the future. We don't have to regret the mistake, but we need to learn from the mistake so that can make us be wise in the future. |
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I only think about the rising of bitcoin price, and bitcoin already prove that yesterday although now, bitcoin price traded at $9,500 level, it will increase again in the other days. But I don't get it if bitcoin will go down and reach $8,600 because that will need big news or something like the exchanges has been a hacker for thousand bitcoin, then it might make the price will go down deeper. But as we know that bitcoin price can go to any price, even to the lowest price.
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Tron, Stratis, Komodo, Ethereum is some of the old coins available on the market, and those coins have a good volume in the exchanges. I think those coins will have the potential to increase in the next bull run. I have Tron and Ethereum too, and I already sold some Ethereum at $230, but I am ready to wait for another discount for the price if the price is down. For the rest coins, I don't know because I don't have that coin, and maybe I will try to look for each coin. And if I can see that the coin will have the potential to increase, I think I will buy it later.
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The ICO will transform into a new name following the new trend that happens to the market, but the idea still is the same as the old fashion way. They will use the new way to attract the investor and participant to join with the projects, and that can be the new way too for the scammers to do the same things as the real projects. But seems, that new looking ICO is not getting popular because the market still at the progress to back to the normal or increase so high, and maybe we will see something this year or next year.
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TBH, it wasn't really a perfect day all the time. Maybe it is quite normal to experience bloodbath sometimes the same as what it happens to the others.
But ain't make me think all in negative and even drop my trust to myself.
One thing I've found out when you are in trading,
BE FOCUS on your trading...something that I missed in the past days that brings me into a sad end but it serves as learnings to me in returns. It has something we need to take action in order to help it out from the recurrence of the same mistake.
The first days of my trading ended up with a lot of mistakes which made me a loser that time. But i never blame myself because trading wasn't that easy especially that i'm still a newbie. But from those mistakes i have gained, it made me challenge to trade again with more confidence and to regain my previous losses. Although i can say that i'm not that profitable in trading, but i learned how to minimize my losses and focus on maximizing profits. I have those experience too in my first time trading. I remember I screw up that day by losing much money that I use to trade. That makes me quit for a while from trading, and I decide to learn more about trading while after some time learned to trade, I tried to trade with small money first. While I use a little money to trade, I build my confidence that I can trade with better than before because I already learn many things about trading. And gladly, right now I can make a profit although I realize that the profit is not as bigger as the others. |
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Your friend is wrong, Scammers are still at work and there are some bounties that aren't real on this forum right now, he must have said that maybe because every bounties he promoted paid him so far? Well don't let your guide down, scam projects are still alive on here
Yes, the scam bounties still out there and search for the other investor to trick them and get their money. There is no other way for us to prevent them except always be careful if we want to be their investor or their participants because they can easily to trick us and run away. We need to search for more about the project and the team so that it can reduce the risk of the scamming, and we can get the right project to invest or to participate. But still, it is hard to see the bounties will be reduced. |
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Unfortunately, bitcoin price has got a big dump in a few hours ago, and I guess that makes people panic because they don't expect to see bitcoin price is down deep. The panic happens in my WhatsApp group  Some of my friends don't think that bitcoin price will go down. But it was back to $9,400 level, and that is happening now. So that is why we need to still be careful in the next few hours, but we also need to prepare if the price can bounce to the $10k again. |
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