Discipline keeps your focused
This is the most important thing that we should remember when trading. Discipline is necessary for all the things that we do. Without it, we will not be able to handle everything including our emotions. Through it, we could apply patience and flexibility but without discipline, we will not be able to trade responsibly. Also, we should keep in mind that trading will always have risks, and losing is always possible. Discipline is indeed one of the important things to have in trading and sometimes some still underestimate it, basically risk-free trading is impossible because we know for ourselves that crypto market movements are very volatile, clearly needs a lot to be prepared for the traders |
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the chart of SOL does show that $30 is the bottom price,
and of course from $30 it can rebound to $60 and it might also happen in 2023,
yes, this is the right time to buy SOL if you want to enjoy the results in 2023, I'm sure it will up to $60
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While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?
Bear season is a good time to invest, specially in some good altcoins that has also a good rank in some price tracking app like CMC, because the altcoins is very cheap during bear season so we can buy different coins in a low price during bear season, all we need to do after buying is to hold until bull season come and earn. Yes, during bear season, you should really take advantage of that time to buy some potential coins, and don't forget to keep doing your own research and that's important, we all don't know when bull season will come so need to be patient to wait for it |
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people will think it's going to repeat history once again, but i don't think it's going down again to hit $10k or below, i think the current price is pretty much lower than the actual ATH price, so not sure that it will go down again, trust me History may repeat itself but remember that charts will never be the same
then what about the history of bitcoin according to a 4 year cycle? every 4 years Bitcoin always increases up to New ATH, of course this also triggers new investors and traders to enter the world of crypto currency!, do you think this 4 year cycle can also not occur? because if it doesn't happen then bitcoin will really die, and keep going down, of course this is terrible think |
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today I can say that altcoins have very little risk, because if you enter the current altcoin with a large capital,
I am sure you will enjoy 2x or even 10x profit, because altcoins are really at the bottom, if you know the technical analysis you will understand.
So far I think most of the Altcoins have a higher risk than Bitcoin, Maybe there are some Altcoins whose price is down but not as deep as Bitcoin's price decline like BNB, But it's very little. BTC $68,000 >> $21,500 BNB $680 >> $290 But most of the Altcoins have dropped in price more deeply than Bitcoin's decline. Harmony $0.37 >> $0.022 Dogecoin $0.73 >> $0.069 Solana $260 >> $36 In addition, Altcoins also have a risk of fraud, and various other problems that can occur such as the LUNA incident. Higher reward=higher risk The formula is simple as that, you have to invest in gem altcoins for minimizing possible risks as mentioned on the thread, and maximize the potential ROI. The downtrend is more catastrophic for altcoins because of whales selling alts to reinvest in top cryptocurencies. Anyways, the only way to be profitable in bear market season is to have open short orders on both altcoins and top coins on the CMC list. short selling is not always profitable for you, you need to be knowledgeable and know how to analyze the market etc, not everyone is suitable for everyone, not everyone can trade and make a profit bear market is a time when we should learn to keep money rather than make profit, i am not a good trader so I choose to hold rather than trade short However it must be adjusted to our abilities and indeed most of the time during a bear market it is not a good time to sell, having skills in analyzing is very important because it will be very useful, short-term trading is not easy especially with the current conditions |
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The meme coin always goes up every time the bull season comes. but what keeps the meme coin always going up is the hype. and hype arises when a marketing goes well and continues. like the doge coin which always increases when Elon Musk writes on his tweeter that gives a positive code for doge. then after that doge always increase.
However, don't get caught up in the hype and do your own research before buying meme coins, hype meme coins sometimes won't last long so you have to be careful in making decisions, Elon Musk's tweets really have a direct impact on the coins he writes on his Twitter |
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
I'm sure you already know when to buy bitcoin, even altcoins, especially today, because today is the day Bitcoin bottomed out, of course this is the right time for you to buy it and of course hold it until 2024. It's important to take advantage of the opportunities that exist because sometimes they don't come twice, indeed to hold until 2024 is not an easy thing, it really takes patience and not everyone has that, investing in Bitcoin will be profitable and the important thing is to be patient |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
the market is still bearish don't expect to be able to rise above $25k even at $30k, I don't think it's time for bitcoin to go up, but it's time to go down deeper, especially now that the price is below $20k, of course it's very easy to go down to $17k |
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I am also a holder of BNB and I also still believe $1000 is new ATH,
little by little I am buying BNB at a price of $300 to $200,
hopefully in the next bullish BNB it can reach $1000, I'm sure all holders want that to happen
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I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
I recommend bitcoin and Ethereum, but something you have to keep in mind, BNB is also a good coin to hold, but bitcoin and Ethereum have proven to be very reliable in the long run, the pesky coins you mean are more shitcoins, which don't have much of a developmental impact significant , because of the development carried out, does not provide good for the coin, but to say all coins are like that, I don't think it's true either The coin you mentioned is the top coin which is for investment there is no doubt, indeed, instead of investing in shitcoins where the risk is big and the future is also unclear, it is better to invest in the top coins, But again, everyone has their own decision |
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Don't worry, NFT hype isn't over yet, it's just that NFT is still very low in demand,
because there are so many NFTs in freefall up to -90%, of course this is what makes traders or investors afraid to buy them now,
because the market is very bearish, I myself am still monitoring NFT from Ape at a cheap price
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Today there is another correction, it seems that after almost 6 days the market continues to rise and almost reaches $ 25k but there is another correction, I suggest waiting for 2 or 3 days, if we plan to buy then when the price is $ 23k buying in large quantities, I'm sure if the price is already to $ 23K it will rise again.
September has not been a good month for bitcoin historically, we might see sub $17k as everything tends to be bearish for now, couple with the fact that Mt Gox news is still hovering around the market, buying in large quantities for now at $23k might be a bit risky in my opinion, I think buying in bit will be OK, because it's looking very likely that we might touch $17k and that's even if it doesn't go below MTGOX became a terrible FUD in september, of course many traders and investors are still waiting for the Bitcoin price to be below $20k again, because indeed the price below $20k is a very cheap price, who doesn't like it? whales are still aiming for that to happen, so we should naturally prepare ourselves, dont forgert! because we are still in a bearish month. |
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snip
You write bullet instead of bullish,  Just make it simple. If someone was expecting decent return and then small cap must be his choice but if someone was only looking for stability and then goes to the major coins like bitcoin and ethereum but people forgot the most important point if bitcoin and ethereum are also very volatile. People can also lose by investing in both. There's no safe place to invest in the crypto. All of things are high risk and bullish trend may always possible to come again in the future. How can you say investing in bitcoin can lose, if you invest in bitcoin with borrowed money and want it to make a quick profit for you then it's your fault not bitcoin's. I agree that bitcoin and ethereum are both volatile but that's because you're looking at the short term, looking at the long term bitcoin always generates growth and the price always goes up over time. So you only lose when investing in bitcoin because too greedy, get rich quick, bitcoin will not be suitable for you. I agree with what you said other than that about profit or loss actually it all depends on our strategy, Bitcoin for short-term or long-term investment can generate profits as long as we can manage it properly, indeed for now investing in the short term is quite risky but for long term investment it will be profitable |
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Sometimes Bitcoin's movements are unexpected, although the current price is $ 21k but when there is a large positive sentiment it will be easy to reach $ 100K, as is in 2021 when the June price is below $ 30k then November or 5 months after the price rises more than 200%.
That's because of the Halving, it has been discussed before the Bitcoin price halving was predicted to reach 2x even to $100k, but indeed it all depends on the whales, and the whales don't approve of it, so maybe $100k will be reached after the next halving, maybe 2025 |
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your idea is not wrong. it's not good to hold on long term when buying coins during a bull market, this is actually stupid. I prefer to buy in a bear market when the price is low, it doesn't matter at the lowest price we buy, the most difficult thing is to get us to hold it for a long time until our selling target is achieved.
Indeed, during a bear market it is a good time to buy coins but we also have to know which coins are worth buying, i think the top coins like Bitcoin, Ethereum and BNB are worth the coins to buy and to hold it long term it is suitable, but it all depends on the decision of each |
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Even thought ApeCoin exists on the Ethereum blockchain, is it profitable?  during a bear market like now, of course you can invest in any altcoin you like, especially Apecoin, we already know that Apecoin was hype at that time, yes the time when NFT was trending, but now a lot of NFT has dropped dramatically, this is why Apecoin is also following this bearish trend, if you want to invest of course this is a good time, accumulate some Apecoin and hold for the long term |
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Bro investing in crypto is so risky, don't force yourself, if you want to invest then research into which you will invest your money, my advice never wear money that will need in the near future, use a ready money you will be lost.
I think investing in crypto is risky, but there are many good coins among altcoins that you can invest in and hold without fear of losing. Here the risk is low and you can earn a double the profit if the price goes up. Talking about investing in crypto, of course there will always be risks, but to minimize the risk the right choice is to invest the top coins and that's no doubt, even so it's still necessary to do your own research and that's the thing to do |
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In my opinion, this week's altcoins are not bullish, even if you look at the dumped altcoin prices,
yes this is because the Bitcoin price has been dumped,
maybe next week there are some altcoins that I think could go up, Iotx and STMX,
keep an eye for these two coins, maybe next week will be jump.
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we are all only human, and cannot read the future, but we have knowledge,
and that knowledge is technology will be more advanced,
of course from this we know that Bitcoin does not have a future,
but bitcoin still has a future, uncertain? maybe, but rest assured the technology, not the Bitcoin
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everyone in the world who knows cryptocurrencies certainly likes Binance, Binance is growing very fast,
and is the best exchange platform, it even beats Coinbase, and there is no doubt about the facilities there, staking, futures, loans,
and trading p2p is also very convenient and safe there, so that's why Binance is the best for all users.
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