For the past two months almost all the ICOs i have invested when they get listed on exchange, they are reduced by about 300% of the price i bought it. Those who buy after the ICO tend to gain more profit than we the early adopters. Now am confused whether i should continue with ICO investments or stop. Guys what do you think
I won't say that investing in the ico is not good or bad of course not. Probably, the thing I could only say is that before you decide to invest in the ico, you must check it first the usages of the utility token of the project if it is realistic or not, then check how stable their company is, together with their team if it is fake or not also the owner or developer of the project too. |
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Perhaps the errors when buying crypto currency are such as follows:
1. Don't just easily get attract to buy token in every ico project.
2. Avoid buying shitcoins that has no volume in volume in the market.
3. Never listen to any FUD news here in the forum about the coins they are announcing it
because they are just hyping anyone here to buy their token.
4. Never join in any PUMP and DUMP group here in the forum or in telegram
5. Don't follow your emotion always, just observe it first before anything else.
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I have set the weekly target of 2% profit on the capital amount which is quite easy knowing that BTC swings about 2% on a daily basis and hence it would be an easy target to achieve.
I am achieving the target but as the recent dip was a big one, it took away all the profit I made. So is a stoploss worth a try so that such big dips don't take away the rest of the profit I make ? Should I consider placing a stoploss for such a small target ?
Aiming stop loss I think would be a hard thing for the traders, that's the reason why most of the community in this field of business they always said the the market was unpredictable, even the experts can't read the accurate things will happen in the chart, it maybe close unto it but not precisely achieve it. So, if you are not sure or comfortable on what you are doing, well I guess it is good to hold your coins in a long term than to sacrifice your coins into loss in the end. |
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I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart some tips for beginners or amateur traders:
1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.
Your tips of advise was an awesome things dude, this may give a lot of big help to anyone here who are novice and evn for the older member here who are not yet knowledgeable in cryptocurrency. Maybe the only things which I can add on this are don't be greedy or always in hurry to earn here in a short period of time. |
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Indeed, this is actually true most of the successful community here they have that kind of virtues anyway. Then, it maybe some of the other people here are impatience were in the end they do day trade for thinking that they can able to gain daily even not that as high as they expecting it. But of course, being patience still the most safest things ever in trading.
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Forex Trading:Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly. Forex trading startup Benefits :- The forex market is trading up to 4 trillion dollars per day. You can always give your trade buy, sell and close in seconds.
- You can spend 24 hours a day, from Monday to Friday. When the Sydney Market opens, then the Westman closes in the market. When Sydney closed the market, then the Westran Market opened.
- As long as you have internet, you will be able to trade at any time during the working time.
- Many Forex Tradesing Institution (Forex Broker), one can easily open an account.
- You can start trading even with the lowest $ 50 dollar invoice.
- Many Forex Broker Trading offers a commission of 0.
There is no risk in forex trading?It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master. How do you start forex trading?You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading. You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up. There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk. To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting. Before I got here in crypto currency, I heard Forex trading already, but I had no idea about it. Until I discovered crytpo currency were I can able to do an actual trade in the market. Until time goes by I found out that forex trading is much more risky than crypto trading in my assessment of this matter. |
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There is a lot of misunderstanding and confusion when it comes to bitcoin. Mainly because it is relatively new and now it became popular in the mainstream media there have been lot of here say of how the bitcoin works.
I am new when it come to bitcoin but I have read some articles about it. This is basically what I understand correct me please if I am wrong
I have read that it is not a code or a data that can be stored and downloaded but it is more like a mutual agreement. Is that right?
According to my understanding in bitcoin, it is a virtual currency that can be convert into any fiat currency, depending on the nations who are accepting or adopting the system it has. Because here in my place Bitcoin was being accepted through the exchange we have here. Where it became convenient to us to use it in different categories such billings, Internet, tuition fees, remittances and money transfer thru banking. |
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An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
I could say that the economy we have here in my country was totally improved because of the good performances which our President has a high ratings in my country as well. Also in terms of digital currency was adopted by the exchange we had it in here even the other banks here also adopted the crypto currency. So meaning, we had no problem about it too. |
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For the whole 1 decade Bitcoin remain on top on digital currencies, despite of having a lot of criticism and FUD in it.
Bitcoin doesn't affect by this rumors and hearsay. Instead, a lot of investors believed in the potentiality of Bitcoin in terms of this
business.
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Bitcoin really gave a big changes to anyone here in the forum, a lot of traders here too became successful in life because of believing into bitcoin I am surely 100% for this things. Its features and usages was really proven and tested to all open minded person in this of investment, and it gave also a job to anyone as a source of income thru online. And we thankful on that anyway.
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I believed that Bitcoin helped a lot of community many years ago, and many companies too also accepted it as ode of payment to their business as well. So the topic in the above was just a kind of FUD only. I am very sure also that a lot of people who are bitcoin fanatic was also thankful to Mr. Satoshi Nakamoto for inventing this virtual currendcy which is Bitcoin including myself too.
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Nowadays, there are lot of altcoins out there were I know they are really potential, but now they are all cheap in the market in terms of their price value, which is I am very sure that its a good time to buy now then hold em while the market is down. Like for example Neo, eth, Ada, Bitcoin as well, Pundix, loyal and Nem.
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Our destiny is not written on an imaginary surface and not in wind. What we are today in the crypto space is as a result of the works of our hands.
- Whenever you want to invest or promote a project, do not be in haste, but take your time to analyze it.
- If you want to sell the coin you have, do ensure you think about it many times, so that you will not later blame yourself for selling.
- Get materials to study whatever you do not know.
Nobody can make a better decision for you than yourself. So learn to do the right thing at the right time.
Yes Absolutely agreed that our destiny in is our hands, meaning for whatever decision we are going to make the result will always depend on it. If we choose rightly we will get good benefits on it but if we choose a wrong choice of course we know what could it be the consequences. Now, since that we are in crypto business we need to choose right and good coins that has a potential volume in the market in the market as well. |
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To trade cryptocurrencies comfortably with profit, we need to be wise in choosing coins in every exchange platform.
Also we need to control our emotions too, it is because this is the reason most of the time why traders in the community of crypto trading
always lead into loss of their coins.
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Hi folks, It will probably not be a very popular thread but I'll go for it. We noticed several times now that Bitcoin has a strange tendancy to go down in January, pretty much every year. It was definitely the case in 2018 (happy new year by the way). Context is very different in 2019, but we had similar cases, for example a crash in January 2015 > https://www.cnbc.com/2015/01/14/bitcoin-falls-below-200-making-some-investors-worry-about-downward-spiral.htmlI know many don't want to hear that but just curious, it could very well happen again. Some say this is due to Chinese new year (people cashing out to buy again in March or April). I am not sure but I am curious if it happens again this year, we could go back to a price near $3000 per coin. Just some thoughts, perhaps some of you are anticipating such trend again. Any constructive opinion welcome. It will be difficult or its too early to tell what's gonna happen to its bitcoin price value. I remembered that last 2018 it was tackled about what's the price could be reach by bitcoin, and many guessed it mostly of course in good price but it never happen until 2018 ended up even up to the present still the same. So the better things we should do for now while waiting is be a bullish for a moment. |
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hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )
some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time
i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?
i want answers only from traders in this situation and experienced traders
i dont know if sentence formation is correct or not i think many of you can understand the situation
You said that you became a day trader for 2 years. I have a question to you, in that 2 years of being a day trader what did you learn from your experience? I just can't even imagine that for the long period of time I saw and found out that you never learn and you never change your methods every time you do the actual trade in the platform. You always do the same thing were in the end you always loss coins. |
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The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
Then what is the way so that I can make a big profit ...? - I suggest you to have a planner brother, then list all your goal target. Like from knowing how much profit you want this month? what are the things you need to do to make profits? Something like that, don't start with big capital always with small and be a risk taker as a trader here too. How to effectively avoid unnecessary losses ...? - I think the good thing you must is that don't sell coins if your not sure about your decision. if you find out that its price is down or dump stay hold em still and not selling it. |
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I think majority of people here are very selfish ,. Believe it or not. They are hiding and choose not to tell to the other person especially to their neighbors what is cryptocurrency all about.
They don't want to spread the mechanism of it. And that is very wrong for me.
We must encourage people who have no idea to the cryptos. Teach them how to use and explain what is the benefits of it.
This is also for the good of our industry .
Remember the status of cryptocurrencies as of now is endangered and the value of bitcoins is gradually dropping .
So, the good thing to do is to spread out the operation of Blockchain technology.
Sharing blockchain technology to others is depend on your discretion or decision. No one is forcing to do it, just all I know is that this technology is open to anyone who will be open into this form of Blockchain or Bitcoin. Maybe some community here didn't share this because they know this things is not that easy to understand and majority are impatience to spend time to learn about this blockchain technology. |
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To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8Things I talked about: 1. Bitcoin's intrinsic value 2. How it could help underdeveloped countries 3. How it could help developed countries 4. Censorship Now I wanna ask your opinions on my main point which is: "Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development." Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention. So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8No, I doubt that bitcoin is over. Because up to now there are still lot of supporters who are bitcoin fanatic or enthusiast that are bullish at the moment. It maybe that bitcoin was in not good price so far but I do believed that this was just a temporary things only, but of course it will surely bounce, just await further. |
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