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Well, my last investment in Bitcoin is that i bought Bitcoin when its value was on the decline trends early January at $8400 and it later went down to less than $7000 and how i recover my loss from that investment was to hold till Bitcoin value return to $9,700 at profit.
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As new come into the crypto currency market so the value of the crypto currency increases. Take for example, if there are new investors in bitcoin the balue of bitcoin will increase astronomically and at the same time if the Wales convert their bitcoin to dollars the price of bitcoin will decline.
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Link to Profile: Bagaji
Bitcointalk Rank: Sr Member
Current number of posts:1,093
Bitcoin Address to send the payment: 16gxeoPYa1iPaFduExQWTnEcage1UxNtwb
I will love to work with you again Sir
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Well, i don't always go all in while trading crypto currency because to it is not rational to go all in. The risk in going all in is very high and that is why i usually go in with at least 50 percent of my trading capital.
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There is no two way to become successful in trading without a good knowledge of trading crypto currency which means you must be an educated trader for you to become a successful trader in crypto currency. The analysis of technical and fundamental aspect of the market is very key to traders success.
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You have already mentioned many of the factors that contributes to lost in crypto currency trading which are not far from the truth. Problem identification is half solve they say , so try as much as you can to identify what makes lose up to $2,000 in a trade so that such move will not repeat it self.
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Well, it must not be on till the market went down to $6,000 or $5500 before one should buy Bitcoin but all depends on the profit margin that you want to make from your investment at the end of the day. People that bought Bitcoin when it value was around $8,000 are all in profit at the moment and those that bought ethereum when its value was at $500 are all in profit so, all depends on when you prefer to place your position.
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Trading crypto currency is of the best way of maken money in the crypto currency market couple with investing in ICO and rendering crypto related services. Although as a beginner you will need to have a good knowledge of fundamental and technical analysis of the market as that is the way for you to be a successful trader in the crypto currency market.
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I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
At the end your conclusion will be in vain because no alternative crypto currency can overtake Bitcoin. And I want to you to tell the house the problem of crypto currency the developers are working on at the moment that will make any alternative coins to overtake Bitcoin. |
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Trading crypto currency is good way of making money in crypto currency market but one must have good knowledge of trading crypto because without the knowledge of trading crypto currency it will just like you are a gambler who rely solely on luck which i don't believe it work's in trading crypto currency.
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Well, base on technical analysis i will say it is an upward sign that the market value of Bitcoin will soon reach moon and all other altcoins will follow suite since Bitcoin is the market mover in the crypto currency market.
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The Price of Bitcoin and the other cryptocurrency begin to recover, Will it stop here or will be a more extreme increase?
I want to know some of the coins you hold? and which coin is now worth to hold (except ETH and BTC)?
Thank You, And I'm happy to discuss this with you.
I believe Bitcoin value will continue to increase but not to the extreme the way you view it or speculate and at the same time it will not stop at its current market value. Asides from Bitcoin and ethereum am holding lisk and some amount of token like Pareto, Bouts, Heaven e t c. |
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There is no constant rise in the market value of bitcoin because in between the value increment there always bound for market correction and that is nature of crypto currency market. Although, i must say here that the future of bitcoin is great as so many experts have speculate higher value of bitcoin before end of this year.
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The question itself is the answer “PANIC”. Everyone knows cryptocurrency market is highly volatile and risky. And most of the people do emotional trading. They sell when it is crashing. And suffer from the loss. They panic and sell in the loss. What is the point in selling at low? One must wait for the market to turn green and bullish. The way to stop the panic is to not engage in panic-inducing activities such as day trading. It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead. The doctor says don’t put your arm overhead  If you are in need of urgent money than selling is OKAY but for profit, HODL is the best. Panic selling can be control only when you are able to control your emotion about trading crypto currency and at the same time if you invest money that is more than what you can afford to lose all result to panic selling whenever there is crash in price in the market. |
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Why Bitcoin can not cross 10k $?
Well, as far as believe Bitcoin value will soon reach $10,000 and i see not factors that can stop before end of this month. Although some might have speculate that the resistance at the said amount will be difficult to break but will all indications so far $10,000 will a thing of the past very soon. |
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Gambling Affects your life either in a good or bad way in the long run. Some of those effects that can change your life are:
Good Effects:
*Can make money easily (not guaranteed)
*Gives so much pleasure
*Meeting new friends
*Can increase your assets
Bad Effects:
*Big loss
*Increased on your debt
*Loss jobs
*Depression/Stressed
*Broken Family/Failed on relationship
*Insufficient Funds
Despite of this effects many people are still want to continue gambling, how can you handle this possible effects of gambling in your life?
Well, you can see for your self that the bad aspects of gambling outweighs it benefit if one has to follow all the point you mentioned above. Although addiction is one of the major factors that make people find it difficult to manage or quit gambling despite the fact that am still yet to get married. |
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Well i cannot tell the exact amount i have lost and gain in gambling because at the end i will see that the lost will be much more higher as compared to the gain in my gambling career and that will have negative effect on my spirits to play more game in gambling.
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Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.
Positive thinking always brings about good out come generally gambling inclusive. Although at times luck is usually play good role in gambling which means both of them can bring you positive result in your gambling success. |
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What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?
As far as am concerned it Will not be rational for one to continue at this stage of gambling with your last money that serves as your transportation fee because it will become difficult for you eventually lose in your last gamble which is very possible. I will advise you to wait till another day when you have other capital for gambling before you continue to aviod been stranded on the road. |
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From all indications bitcoin has not yet reach its real value which meant it is the right to for one to invest in bitcoin as there is a general believe that bitcoin value will continue to increase the way it is currently going. And to avoid had I know in future, I will encourage you to invest your money in bitcoin now.
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