I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞
But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.
Luck is not important, trading skills are important. The reason why you keep losing is because you do not have sufficient knowledge, it is better if you will study more for you to overcome your losses. |
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I do not know why there are still many people who are worrying to bitcoin because they think that it is now the end. By studying the past graph of the bitcoin, we can find out that the bitcoin can easily recover its normal value.
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This is why you shouldn't be worried and should understand how bitcoin works  ps. sorry I don't know how to load an image  This chart proved that the price of the bitcoin can rise up again. According to this chart, the price of the bitcoin dropped so much but the bitcoin overcome it and regain its losses. We should not lose our hope because bitcoin can rise up again. |
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As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
The anonymity of the bitcoin is one of the characteristics why people are patronizing it. It is true that we can see the transaction but we can't find out who is the sender and the receiver. |
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The market will not become stable! It is impossible becayse the cryptocurrency market has the characteristics of unstable price. I think the reason why you said it is because there are only few movements in the cryptocurrency market.
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When I first introduce to them what is cryptocurrencies, their first impression about it is bad but I explained to them clearly its function in our society as well as its advantages of having it.
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In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
HODL is only effective to the coins that are promising and have a good future. You will only lose your money if you do hodl with wrong coins. I really regretted the moment that I hold many shitcoins. |
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How are people learning how to day trade? What are you methods? Personally I've done the signal groups etc but found them very hit and miss. I'm not good enough to do my own TA (and can TA really help for day trading - no idea?). Only method I've found that I find works was taught here: https://discord.gg/nCmjwmQIt focuses on getting in and out of v.high volume coins as they naturally fluctuate. Cheers! I learned trading through reading posts in this forum, through watching informative videos and through reading different articles in all over in the internet. Just read and read for you to learn day trading. |
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I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning. Hope you will help me. Thank you.  Even I keep studying and even I keep using different strategies, I still experiencing lose in trading. I can say that it is impossible to trade without lose. Trading of cryptocurrencies have a high risk due to its volatility. |
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Before this plunge, a lot of people spreading FUD about bitcoin and how they want bitcoin to die and how obsolete bitcoin is. People saying that this alt or that alt will replace bitcoin and that bitcoin is no longer King of crypto. Now, looking at CMC, as bitcoin values going down so are ALL altcoins. No shitcoins...I mean altcoins able to get through what's happening in the market not even BCH, XRP, XLM or any other alts able to get pass through the bear market. This is just a proof that all alts value depends on bitcoin value and the influence of bitcoin to the whole crypto market. I'm very sure before bitcoin value turn to zero all alts turns to dust just like when Thanus snap his fingers and dusting happened.
So tell me, with all honesty, do you still wants bitcoin to die?
There are financial institutions like central banks who wants bitcoin to die. They know that their businesses are in danger because of the cryptocurrencies. They are aware that the cryptocurrencies can influence many people. |
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I just follow my decisions! I keep reading different articles that can help me to understand more the cryptocurrencies and the whole blockchain technology. I keep researching because I know that I can use my knowledge in the near future. |
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Hey guys, I have seen this: https://www.lifewire.com/big-sites-that-accept-bitcoin-payments-3485965 recently, and I think that there is really cool that we can pay in different places with bitcoin or other cryptocurrencies. Do you know other places that allow this? I think there is a really bright future for online coins in the future. Where do you see payments allowed with coins soon? It is true that the digital transactions have many advantages because it can make our life easier and better. But the problem is there are still many people who are not aware to the use of the bitcoins. |
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I constantly here people say " Only invest what you can afford to lose" Well no matter where your wealth is it could crash.
-Invest in USD- USA could collapse and experience mass inflation making your dollars nearly worthless
-Invest in Bonds- Government could collapse making your bonds worthless
-Invest in real estate- Housing prices could crash, natural disaster could hit and insurance company could go bankrupt
-Invest in metals- prices could crash, asteroid mining could collapse prices
Your money is never 100% safe no matter where it is invested.
There are a lot of advantages and opportunities that we can get from making investment with crypto. It is the reason why I allocated 20% of my salary to make investment. It is risky but I know that my investments are worth it. |
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More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
We can use cryptocurrencies in our daily payment. In my country, there are now markets that are now accepting bitcoin as payment. There are now many people who are now aware to the potential of the bitcoin and other cryptocurrencies. |
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I prefer to you to focus on the present than in the future. Even the cryptocurrencies are experiencing dumps nowadays, there are many good news about cryptocurrencies in our economy. There are now many people who prefer to use cryptocurrencies than using fiat money.
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Bitcoin and blockchain are awesome technology but it is being most used in gambling , betting , casino, all bad fields is this what making many countries step back making bitcoin and blockchain tech making legal or creating negative impressions for people using this technology
It is true that there are disadvantages that we can get from blockhain technology because there are some greedy people who using the blockchain to scam many investors. |
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Not game over but is a hard moment for bitcoin. Is really sad to see the price below $5k, but still a nice price. When i join this crazy crypto world, btc was at $600 and after that, it goes down to $250, so, watch it over $4000 for me still a great price. But to be honest will be hard to see it hitting the $20,000 again. At least will take some years.
The bitcoin proved that its value is continuing rising over time. The price of the bitcoin is now increasing again and it seems that the demand of the people to bitcoins are rapidly growing up again. |
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If you really want to do HODl then you should have courage to take risks. Like the current crashed of the cryptocurrency market, you should have high confidence for you to not panic and make decision wise.
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There are cons and pros that we can get after the cryptocurrency market got crashed. The pros that we can get is we can buy many profitable coins at cheap prices but the cons is the value of the coins that we have is continuing to decline.
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Emotions can affect the decision of the trader. I always controlling my emotions because I know that I can make wrong decision if I do not have self control. All of the successful trader have the characteristics of self control.
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