I don't even look at the price anymore. Just looked today after a few days... Eth is now being negotiated at 480. LOL
Nobody knows how much my portfolio is worth. I will hold for a few years. I am not going to sell now, even if it were 10x more than it is now, so why would I care for the price now?
I really believe in the technology, I really like it, I am even studying it. I am not worried.
This is the mindset that most crypto holders must have especially when the price is going down. Lets just hold to our coins that we holding now and instead of panicking, why don't we just buy more and more and wait for our profits to come.
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i am beginner trader in binance. many time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader please help my subject.
Thanks
I see that you are a beginner like you said because most traders think like you are. Instead of panicking of selling it, why don't you just hold it until you get some profit. Take note that cryptocurrencies are volatile and now is the market correction day. Market correction is a challenge for newbies for their patience. Be patient, just hold your coins and wait for it to rise again. Instead of panicking and posting like this, why don't you just buy more since its down now. In the end you will get a greater profit as it shoots up its price. P.S. Don't sell your storm coin until it rises or if you are impatient enough and you can take a loss then just sell it a loss. Don't regret after you see storm's price rise in a few days.
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Bitcoin itself is not a ponzi scheme but it has been used by this criminals as a reward for those investors who invest their money into them. Ponzi scheme has made the bitcoin's image a negative one because of these scammers who are using bitcoins and other cryptocurrencies in their scheme. Cloud mining, invest-wait-earn etc. these are some of the schemes they are using to scam people.
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Since bitcoin is the first ever digital currency ever created, most people trusted bitcoin already and I am one of them too so I think bitcoin is the best long term coin for me aside from other trusted altcoins there. Many believe that bitcoin will rise in the next years to come so the best thing to do is just buy and buy and hold if unless you are a professional trader then you can trade your bitcoin for a faster profit.
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I can enumerate some of the mistakes of problems that I myself have experienced since I am an trader but not pro 1. Lack of patience - This is so far the worst problem of most of the traders at this moment. They want to gain some profits easily. They don't have this attitude called patience. Traders tend to lose some money with lack of patience especially if they don't know what to do when the coin they are holding drops below their buying price. 2. Emotion first before strategy - This is very hard in my experience and I know that some traders felt this too that they put their emotions in trading rather than thinking of a strategy. I know emotion is hard to control but as a trader, we must know that emotions will not help us in trading. Now, I don't put any feelings when I am doing some trading. When my bought coin drops, I will hold it and be calm and relax. I know that coins are volatile, the only thing I need to do is just wait or accumulate more if it drops. 3. FOMO or Fear of Missing Out - I have experienced this once, in the verge partnership with FUCKING PORNHUB. Yes I got FOMO'ed because I bought at peak. As a newbie trader like me, don't think that you are too late when a certain coin pumped already. Move on to another coin because there is a high chance that they will dump it in your face and in the end, you will be at loss. FOMO is caused by emotions. Its a common mistake for us newbies but don't do it twice. 4. Jumping into trading without proper knowledge - I know some here want to gain some profit right? The question is are you equipped enough with information and knowledge you need in order to be a successful trader. I am trading right now but I am also learning because I know that there are many things to learn in trading. Traders tend to lose their money in trading because they don't want to learn. The only thing in their mind is to gain profit. Take note that soldiers don't go into a battle without their weapons. Same with trading, information and knowledge is your weapon. There are more but these are common mistakes and problems of a trader. Hope this help you
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Hey guys
I understand that the merit system is meant to illuminate/minimize the number of crappy posts...etc Honestly I find it really complicated jumping up a rank; the merit gap between ranks is really high. I mean I have 10 merits I need 90 to jump up a rank it has been really really long and not even a single merit scored.
Any consideration of lowering the merits required for the rank up requirements? or any tips you good guys have on how or where do I have to be to get them merits?
I understand that you are a member right now and you need 90 merits to become a full member. Don't you know that most SHITPOSTERS in the forum are ranked jr. member and member. Maybe there are some low ranked users here that are contributing but most as in MOST of them are just contributing nothing here in the forum but just do some shitposts, one liner posts etc. Regarding to your question, there is no consideration of lowering of merits right now because rank here is useless. If you want to learn something, rank is useless. Oh I know now, you are complaining because you want to gain higher stakes in the signature campaign right . You can get merit by contributing here. As my observation, people who know the complex things about bitcoin like mining, transaction, wallets, nodes etc. are the ones who got the most merits. Maybe you can learn them too
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Username: LogitechMouse Language: Filipino Portfolio/experience/previous translations links: https://goo.gl/vF9KvcDo you want to reserve white paper translation Y/N: Do you want to reserve website translation Y/N: ETH address: 0x58a08f93Cb0416CCf0a8982b8aF9e283b44D6FA0
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So what is the sense now of posting some shit mathematical problems that you have created? I saw your name and I think you are just promoting your pump and dump channel am I right? Admins will delete this post because its nonsense.
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You are saying that theymos doesn't love the forum anymore just because there are no mods in the 4 local boards?? What the FUCK are you saying LOLS. No mods in the 4 local boards doesn't mean theymos doesn't like the forum anymore. Maybe its just there are NONE WHO ARE ELIGIBLE ENOUGH TO BECOME A MOD WITH THEIR LOCAL BOARD. Don't say that because theymos is a human too. He has responsibilities too in his real life aside from being an admin in this forum. Theymos isnt active because he is busy atm,he might be having problems in his personal life,he might be in heaven right now ,or any places where you can imagine,the great theymos doesnt care about us,he already abandoned this forum a long time ago when the DT members take in charge,do not expect theymos to hear your moaning because you wont get any response.
Be careful with what are you saying BOBO. @Thirio is correct with what he said. Your name suits with you BOBO.
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The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip> I agree with what you said about this. I always say that this is "Survival of the fittest" where the weak hands came out empty handed in the end and those who have strong hands prevails in this game. Weak hands are sometimes those people who doesn't have knowledge about crypto currency and once they saw a negative news regarding bitcoin, they say "OHHHH SHIT SHIT SHIT, I WILL SELL MY BITCOINS BECAUSE OF THIS NEWS" suckers. In the end, they are full or regret because of what they have done. Strong hands on the other hand are often called "THE CONTRARIANS". These hands are usually the people who have knowledge and know how cryptocurrency plays. In trading and in investing, negative news are opportunity for them to accumulate some bitcoins because they know that it will crash. In the end, they will just sit there relaxing while seeing their bitcoin's value rise again. Sad to say, most of the investors have weak hands and they are putting emotion first.
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There are 2 factors in order for you not to be panic when you see the red candles on the coin you are holding.
1. Discipline - you need to have discipline in order for your money not to be lost. Discipline yourself so that in the end, you will gain some profits.
2. Patience - this is one of the most important attitude you need to have especially if you are a long time holder. We know that cryptocurrencies are very volatile and this volatility is testing our patience in holding. If you are a hodler, you must have patience in order for you to double or even triple your money. In my experience, the one who are patient are the ones who become rich in the long run.
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I can say that I am in between beginner and amateur trader right now but I don't follow signals even I am at my newbie stage. Signals coming from the signal group just sucks to be honest. Their scheme is they will say to some VIP members the coin they need to pump then after 10-15 minutes - that is enough for a coin to spike its price, they will say it to the free channel and at that time the price spikes already. In the end, those who own the signal group gains the most profit because before they buy it, the owner bought it already.
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