Emotions is being right there always, we cannot skip it or disregard but we are humans and more powerful on this. You don't need to turn your intentions into other matters because it will not going to solve your problem with emotions when you are in trading instead adjust it slowly as you can.
I agree with you. It is just normal for us to feel like a roller coaster feeling whenever we do trading because it's our nature . It is just important that we'll know how to control it because if we can't handle it, we might commit wrong decisions which might lead to losses as well.
|
|
|
Everywhere you can find cryptocurrency topic especially ICO projects are doing well on the marketing through social media like facebook, twitter, reddit, linked, youtube and etc. Celebrities, influential individuals and high ranking government officials are talking about cryptocurrency and that is why i think cryptocurrency is a trending topic all over the world. Do you agree with me? Even haters help cryptocurrency to be known all over the world so let just leave the haters then.
I agree. Cryptocurrency has been always in the mainstream today and we can't really hide it's fame because it's greatness and profitable investment is shining around the globe. People without enough knowledge about it might hate it but people who are earning through it would be able to earn continously.
|
|
|
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do? In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
As for me, the best time to do trading is when the bull market comes or when the market turns green. It is important that we'll know when to sell or when to hodl. Patience would also help us make the right decisions. Just wait for the market to recover and things would get better in trading.
|
|
|
Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Panic selling is just a result of our weak mind and negativity. As we face the changes here in crypto, we must stay positive because losing our trust in crypto would also lead us to negative mind which will lead us in making wrong decisions as well. Panic selling might lead to bigger losses so better be wise.
|
|
|
Will this prediction by some Crypto Experts that 2018 is a Bull year for Bitcoin To $50k, and with an Overall Market Cap To $1 Trln going to end a truth? Read the text here: https://goo.gl/WzcTrVIt's hard to predict that the bull market is starting but I am one of those who stands firm and believing that the market recovery is a good thing. I believe that good things are coming and is about to happen so it is necessary that we'll all have our patience with us and let's hope for the best.
|
|
|
Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.
Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.
I agree with you because there's really no such thing us perfect trade. Though we have gone though a lot of experience teachings, there would still be some lapses that may occur because we can't control the votality of the market. What we have to do is just to continue learning and good things will follow.
|
|
|
There is a lot of hype towards ethereum, so in your opinion is that a good time for holding this alt?
I am currently hodling ethereum though there are some frauds from everywhere around us about it. I believe in it's potential amd capability to rise as bitcoin did. I remember how it rise from being one of the bottom coins before to second highers valued coin these days. I trust ethereum and I believe that it would give us a blast.
|
|
|
One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.
What will you do when the market falls?
It's hard to keep calm and relax during this time. I'm actually feeling stressful about the recent situation of the market and I am starting to doubt because I've been waiting for months already. I am also in need because I have released a big capital in it. I can't do anything but just to wait.
|
|
|
I have read many threads talking over this subject and came to know that many people are very confused about their real job and the crypto world. So out of the panic they have started creating many threads like this. I thought to write some suggestions and kind of roadmap so that people can actually choose what is right and wrong for them. Hope this will help. If this questions concerns a lot to you then you should know the difference between two. _____Real Job______. |. _____Crypto Job_____ 1. Secured fro lifetime. | 1. Unsecured for lifetime 2. Gives you fixed Income. | 2. Income is not fixed 3. Promotion Opporutnities. | 3. Not Applicable 4. Yearly Hikes in the Salary. | 4. Not Applicable 5. Recognition in the Colleagues. |5. Not Applicable These are the most vital points in both of them or at least this is what concern a lot to us while following both of them. However I believe that what matters is the output which is "Money" And when you have enough money then that = Stability in your life. This can be achieved in easiest way when you have all the point that are covered under the list of "Real Job". I mean if Im coming home everyday with hard work and for which I will get the sure shot salary at the month end then I would be happy for that and will loose most of the tension over that fact. Lets consider the same case with the crypto currencies and earning through that. What options do we have under the Crypto venture? 1. Signature Campaigns 2. Social Media Campaigns 3. Bounty Programs (Same thing with token payout) 4. Media Publications 5. Trading 6. Gambling 7. Lending 8. Hardware Mining 9. Coding (Hardest One to get in) 10.Becoming Managers (Very Stable but tougher to reach that level). Woof! Thats lot of ways with which I could actually earn from the crypto currency. So I might just think that I will leave my job and will focus on all of them. But what, lets think about it for a moment! Are they really reliable sources with which we could really go for rest of the life? Im pretty sure most of you will say may be, or some of you who are already very old in this field might just say yes. But, I believe its not that easy to work with all if them altogether and you have no assurance that you will get into campaigns all the time and you may not earn the fixed income form these options creating the instability in your house. Most of the options above need initial investment and some of them are not even fool proof. We have to agree that becoming manager here is not everyones play so we should consider that option equal to null. However, real job salary covers all the points in it and we could easily survive! Thats the whole point. The End Results?I wish I could have easily said that we can live happy life just on the crypto currency. Unfortunately, I believe that real job is better than the virtual games. I would really suggest that we should look after the family planning, house stability in all possible ways. There is no way we can have that much stability with just crypto world. You can make it part of your life, but you can push your life depending on it. Not at all! Suggestions are all welcome! What we need in life is assurance, permanence and security. As for me, crypto isn't good enough to serve as our main job because it is unstable source of income that might be too risky to rely on. It is just good enough to have with a permanent job just to support our needs in life.
|
|
|
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
Some people or should I say most of the people who don't trust or invest in cryptocurrency are those people who are clueless or those who don't have enough knowledge about the use of and profit of investing in digital currency. They are afraid to take the risk since they haven't tried it
|
|
|
I think the most important thing which makes you successful in crypto is patience. while other people are selling their holdings cheap, you must keep yourself calm and not allow rumors and FUDs to break you. What do you think about this?
That is actually the best advice that we have to follow during this dip. We all know that we don't have any control about the situation of the market so we must just have patience and just wait for the right time to sell. Better days are coming because the market isn't always green so let's have more patience.
|
|
|
Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
Then you should learn from it. It would really be a risk to lose your job for crypto. Though crypto is a big help for our finances, permanent job is still important for is to sustain all our daily needs. You should know how to manage your time to do more tasks at the same time.
|
|
|
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing. They make you really believe that is more like a skill and if you are good at it, it works. My friend told me that is just about how lucky you are, and not a skill. So, should I stick with holding or playing day trade is a better option?
I think it needs both. We need skills and the ability to do trading through our own wisdom and knowledge to make things right and appropriate. We also need luck because sometimes no matter how hard we try, if it's not our day, we still end up with nothing so I think both skill and luck is a good combination for day trading.
|
|
|
I want involve this sector fulltime. But is their any ensurity of better future?
If you would want to build a firm foundation for your future, cryptocurrency could really be a big help but to tell you honestly, you couldn't rely your whole future in it. It would be a risk if you will entrust your future in crypto alone so you better find a stable job to assure that you'll have a permanent source of income.
|
|
|
There are many exchanges out there. Which one do you use and why? Thanks!
As for me , I believe that there are already lots of good coins around us today but knowing the best one is an advantage. I think binance is one of the best exchange and it is actually my favorite exchange so far since I find it safe and easier without any hassle to use.
|
|
|
Hello, from my small knowledge in Airdrop, I think Airdrops are only good in the path of the project and not for people participating in the airdrop because in the part of the Project, it increases the reach of the project (project awareness and social media reach increases) and on the path of people participating it only gives them small rewards which makes it more favorable to the Project.
Please share your view on this so i can update my knowledge if am wrong. Thanks
As for me, it is not rewarding to join in different airdrops anymore. Some of them aren't paying enough to help us gain enough profit. Though a certain ico might succeed, they still pay a very small amount of coin which is notbprofitable to hodl. I see no future with airdrops.
|
|
|
Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms. Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet. Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development. The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?
I hope so because a lot of people in each country relies in the opportunities offered by the economy as it grows. However, as the economy grows, the means of living is getting high as well which is quite hard for most of us to cope up and deal with. There are still consequences to face no matter how far the economy grows.
|
|
|
what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
If I did the same thing last December, I should have gained a lot of profit now. I am so regretful about it because If I only bought and dumped during that time, I should have gained bigger than hodling until now and waiting for the same thing to happen again. If the price of bitcoin pump, I would sell mine.
|
|
|
Hello people!
Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?
Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?
I feel it's a buzz word used to create a FOMO effect
Hodling has been a way of many of us to make good profit. Through it, a lot of people were able to make their profit in time. Through hodling potential tokens like bitcoin and ethereum, we would be able to have a good gain if the values of it strike high again. For now , hodling is the best choice.
|
|
|
I wish I was joking but this market will take at least 2 years to recover and build momentum again. Market fundamentals have changed!
I think it won't take too long as teo years. I believe that 4 to 5 months is enough for us to wait. Most of us will be needing it for our daily necessities so the recovery of the market matters too much for us. I would love to see the market recover by the end of the tear. I would be so much willing to wait.
|
|
|
|