If you really want to trade and you have enough capital to start then go for it mate, never rely on others thoughts and don't mind about the current situation of market , which is just pursue your self to reach your trarget and goals whatever happens. But always bear in mind as well to trade what amount you can afford to lose to avoid regrets.
Exactly. You’ve said that “I am thinking of starting trading again” , probably this is not the first time, and you completely have your experience for the next trading. Honestly, in trading field, if you have a plan to trade, you’d better not to follow any other thought because asmy experience, I am sure that before trading, all of us have to take a research foremost, you perhaps know about the current market and identify whether current fluctuation is suitable for you to do trading. Anyway, you should prepare an intimate knowledge in order that you can understand more about the market and find some way to minize some risk. |
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At the beginning of the mistakes most often made by investors, we can see that the "panic" situation has arrived. No doubt investors are panicked when price fluctuations are experienced or sudden price changes after any good / bad news. Whilst panic sales and panic purchases are always harmed, whale traders have the opportunity to profit from one side. That's why every investor has to know how to manage himself in such situations, and he has to make himself ready for this situation. Keeping calm while causing panic damage always helps to get better results.
Almost all members in this market have their own thinking about biggest mistake. Yep, as we all know a very farmiliar phrase “Panic selling”, it definitely mentions to most beginners who are lack of knowledge. Because evidently when you get little knowledge, you probably don’t understand much about the field that you are focusing on. Besides, lack of knowledge can lead you to pescimistic, perhaps you got no confidence toward your investing or trading. Also, most people got faillure just because they don’t really learn from their mistake. In short, to do trading or investing or that sorts of things for a long time in crypto market, you need to build a wealth of knowledge, experience and skills. |
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Who knows when the cryptocurrency market will recover? Nobody knows! If anyone does, then he will simply be acting in line with that and have not any kind of worries. All the people that claim to know it are merely speculating. All I know is that you can seize this opportunity to buy more cryptocurrency and it will pay off later.
Yep, evidently nobody knows, but nothing is impossible. It’s too early to conclude the market, although we’re about to the end of this year, it does not mean that the whole market will stick with bear. With current fluctuation, the most suitable supposal is buying and holding, afterward waiting. Most importantly, we’d better not to lose our hope soon, crypto requires our patience, especially eep thinking positively. Sooner or later the market will show us a good news. |
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At present, Ethereum is still at the bottom, but I think it will have a lot of room for growth in the future.
Every people believe Ethereum will have growth in future, big growth. This is good because it means Ethereum still believed by many people and we don't need to worry about it's price. just see and wait We will see it in the future, the price of ethereum are in a lower price why you do not grab this opportunity to have ethereum in a cheap? Instead of being worried about what happened. It will back, we need to wait a lot of time. Just believe. Yep Ethereum is said to be a highly potential coin in the future after bitcoin. It owns a large number of people, believe and keep an eye on it closely. As we all know most of people choose ethereum, both of them appreciated its smart contract and erc20 tokens is applied. Keep patient and wait, I strongly believe in this good coin. I kind of encourage you to buy when it has a drop like this. Indeed, it’s such a great chance for many of us accumulate eth and waiting for a good time, we will reach a large fruits. The market will soon recover. |
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Yeah, if you are a great trader then you can make a lot of profit within hours, but you also can lose your money in split second, short term is certainly not for beginner because the risk is too big, for the beginner long term is more suitable because it doesn't need to complicated trading analysis and the risk is also not too big
Each trader has his own strong point in trading. I don’t think that we can say for sure whether short, medium or long term traing are both easy to get benefit or not. Because all ways of trading can bring us profit, it definitely depends on every indivisual effort that one can reach many or few benefit. No one can deny that trading is a big risky, but if you wanna get income, you’d better to find method for minimizing the risk. When you really focus on short term or long term, you will be definitely prone to one which is most suitable with you. |
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Indeed, even though there's a lot of loss, we must still go on, there's a lot of loss in the market, but still it's just temporary. To become successful, we must move on and accept the facts that we're facing right now, so that there will be a process in the things that we do, we must be patient till the right opportunity come.
Absolutely I agree with you dude. No one can deny the potential of digital currency both at the present and the future. In my mind, it’s such a great invention of our society, it provides us a great opportunity in order that we can access the benefit. Moreover, with cryptocurrency we are in convenient way getting an extra income. Thus I think if we don’t have plan to go on, we will lose a big chance. |
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The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.
For me, the biggest mistake of a trader is the rush and the lack of information. What do I mean? If you pick the wrong altcoin initially, without taking the time to make a personal market investigation, you will lose. Basically, the dominant mistakes of many people is lack of knowledge. When one plan to enter the crypto market, he mostly hurry up on focusing the benefit that one’s project gave out, without a doubt whether it’s a scam or not. Then he firstly get failed on crypto market. When one has intimate knowledge, he is definitely curious about the project a lot, and yep he will take some research, and probably get much considered on it. Besides, experience and skills one has built will affect dramatically on his result. Because when he has both of factors, he may control his investing, trading closely. |
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I believe in crypto, but the situation at the market makes me sad. Also i think that market will go lower so this is good opportunity to increase the number of your coins. For example i can sell my altcoins at the current level and in some weeks i will buy much more coins at this money. That is why people sell.
If you really believe in crypto,don’t harbor the thought that market will go lower guys because it’s such a very negative thinking. Indeed when the entire market is on crutch time, many people probably get sad and concerned, but as I think instead of considering it as a problem, let direct the current situation into a suitable path. If you are an experienced one, I bet you can find good method in order that you can minimize the lose or you can reach much benefit. Buying coins is also a suitable method while the market is on dump. |
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could it possible? only governments accepted currency have physical notes fiat paper money. but bitcoin is globally online currency and only few countries accepted bitcoin. so physical currency or metal coin is not possible.
That’s right, just having governments’ acceptance so that physical notes or coin for bitcoin can appear in the market like the way of fiat. However, I also agree that we are not necessary to care about whether bitcoin may become physical notes or coin, because as we all know that bitcoin fundamentally characterizes its virtual or digital currency, we mostly exploit the benefits from its anonymous and the likes. Anyways, just let what bitcoin be - a digital currency with big usage. |
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I agree with you, don't invest what we have in bitcoin or crypto, just invest a few because investment in bitcoin and crypto is very risky. and don't use important money to make investments, use savings money that we have prepared for investment, so that if you lose, it doesn't cost too much.
That’s right. I believe that most of people in this market know that puting all money to cryptocurrency is big risky but some still goes to this path because they kind of greedy and finally they lost all of their asset. As we all know that cryptotucurrency is notoriously volatile, therefore when you decide to enter this market should remind yourself that everything can change continuously. It’s not like what you expected. Taking part to this market, you need to consider carefully before making a decision, don’t put all money on it and especially keeping patient. |
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Trust is much required, because the market is highly fluctuating. In no time the price has fallen to the price around $7000 from $8300. This truly creates a question of sustainability among the users who have been experiencing the price fluctuation for the very first time. For them as well for the users who were with fear needs to gain trust over bitcoin letting it grow of its own.
Bitcoin fundamentally characterizes its highly volatile. Thus I think that it’s kind of normal when bitcoin is highly fluctuating. We’d better not to worry too much because when we got panic, we would get into trouble quickly and then acting something in negative way which makes you lose a lot. Besides, through its features, it will never be in dip forever, current situation is just temporary and we will definitely soon get good news. Anyway, all of us should throw away the fear and let try to find a better method with current situation. |
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As a Bounty hunter I once made a mistake by selling tokens from Bounty that I received in a small market for $ 250. After 20 days the price of tokens that I sell is worth $ 1200. So the conclusion if you want to wait you will get maximum results. Believe every ICO project will prepare a good market in the future.
Mustn't all token will increase after ICO is end and they is listed on exchange site. Most of them will go down because all bounty hunters usually sell their token after they was received token. Example: QuarkChain is a good project that judged very high by crypto community. When QuarkChain was listed on binance after ICO is end, the price of QuarkChain increased 15x and reach $0.31 but now the price is $0.08. If you did not sell QuarkChain at that time then now you will be very regret. |
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Hey all.
I am confused about these two (BTC and ETH), which one is best to invest/hold for long term ?? How much time I should hold from these two?? Price is going up now a days, what is the best time to buy ? I should wait for buy right now ?
No coin can be better than bitcoin in the long run. If you are sober enough and have the patience to store monetary value in bitcoin and hold such an investment, save in the long run. It is a huge future base with profitable generate. I dont think so. Although Bitcoin price can completely increase in the future but i think now investing in Ethereum is better than. Because technology of Ethereum is better, the team of Ethereum also is working hard and more and more improve Ethereum, while Bitcoin can't resolve its problems. i I think Ethereum can pass Bitcoin to become the coin have the largest market cap of the cryptocurrency market. |
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When it is possible, LTC hits $400 again? Now it's around $120/LTC.
Litecoin is one of the coin that has grown globally and seems to still get support in the future. But for up to $ 400 the odds will be small. Many new Altcoins are faster and they seem to have to share the market. stay calm, lite coin is now down again, but I'm sure the price will recover, especially litecoin itself  Truly, everything can occur in crypto market, let think positively about litecoin. Litecoin shows it great potential, thus LTC would also have a chance to reach $400. Now the market is in crutch time, all coins are in bad fluctuation , not only Litecoin. When one chooses a coin, there is no doubt that he believes that it will have a revovery. And i do likewise, i choose ltc and I think it completely has capitility to reach it value again. |
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I currently have $ 10,000. I wonder whether to buy etherium or not? I find that Etherium has fallen deeper, I think it will come back in the future. Who can help me? I need your opinions. Please help me
Yup Ethereum may be very cheap nowadays, and it is a great opportunity for this year. But it looks like Ethereum will not experience a fantastic rise this year. So it would seem like a good idea, if a small portion of $ 10k is put on Altcoin with a smaller market capitalization. Cryptocurrency characterises its highly volatile, it mighy go down or fall immediately and surprisingly, we can’t predict the exact result previously. Ethereum is one of the most potential coins till now, hence it is perhaps a suitable coin to buy . I would like to remind you that when you choose a coin to invest, it would be more helpful for you to think in positive way that you strongly believe that coin will definitely have a rise. Most importantly, you should seek a deep knowledge about that coin as well. Now ethereum is still at a lower price, it’s a good chance to buy it. |
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everyone would be comfortable using bitcoin of course that is when everyone can accept the existence of bitcoin to serve as a transaction tool. I say that because I do not think everyone can accept the existence of bitcoin because I do not think everyone can fully understand the world of crypto so they will think more about using fiat currencies as in general.
That’s cool if you made great predictions with bitcoin and we are sure that bitcoin is going to boom again by the coming months. I feel really happy when see people still believing into bitcoin and not going against it because of some decrease in its value or more precisely because of the hard times of bitcoin. Only our support can take bitcoin out of this decrease in values. Keep supporting bitcoin! I completely get your drift and I kind of support your idea guy. Nobody can get in feeling comfortable if the FUD spreads widely while the market’s falling. When we’s still here, why don’t we believe in bitcoin as much as we can, and together we support for bitcoin to have a rise again instead of getting panic whether bitcoin will have a rise or not, or else just believe in false news . People tend to use comfortably if they can get benefit from bitcoin often and can use it easily for paying for services or goods without any tight from their government. |
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Bitcoin exceeded $ 10,000 in 2017. What's going to happen to Bitcoin in the coming year?
Since the market is so unpredictable nowadays, we don't know if it rises up or continues to go down (or it may just stabilize). We are still on the early stages, and we have to trust the process of the cryptocurrency market. Bitcoin is still young, and there is room to grow for the cryptoverse. Just hang on guys. Everything will be fine in the long-term. Exactly. Often the market shows us the unprediction, but anyway it will have a rise again surprisingly. In the beginning of 2018, not only bitcoin but also many more coins have been in bad fluctuation and always make all of us feel depressed, but with this time it is the middle period of this year,it’s quite early to judge about the market. We all see bitcoin had showed a dramatic decrease in the end of 2017 which make most of us be surprised and a little bit more disappointed and so many people were in loss. Therefore bitcoin would be more likely to increase in the end of this year. It’s just a prediction but it’s possible. |
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Is MyEtherWallet the best option for ERC20 tokens ?
At the moment, as for me, this is a very good wallet for such tokens, I started using it as soon as I got on this market and I'm not sorry that I use it now, so I advise everyone. I think that there are a number of people in this forum using it and almost all of them feel satisfied with MEW because it kind of easy to use with much cheaper. So do i. MEW is one kind of a good wallet I’ve known. You can use MEW for storing all ERC20 token. However, it’s not completely safe, anyway we must be cautious because so many hackers seem give an eye on your wallet , and yours would me more likely to be hacked. |
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