No one will loss if we don't sell at loss hold it until such time that the price rise above your buying price to earn profit. I know it is hard specially when you see the price dropping and your investment slowly going down but there is no choice because if you sell you well loss hold and keep calm there is always a bull run we only need to wait for it.
I have a lot of coins in my wallet that I bought back in 2017 and the price of which is currently about 10% of the purchase price. And the chances that their price will return to the purchase price are very small. So it is not always the right decision to hold coins until the price reaches high. Sometimes it's easier to sell coins at a loss and invest the proceeds in something more promising.
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...Is it FUD or the actually duped some testers?..
This is all the machinations of those who failed to get a whitelist to participate in the sale on the exchanges)) Perhaps they are trying to influence the team in this way so that it changes its decision and allocates airdrop to all participants of the test network.
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I do agree that people should not hesitate to invest in learning and then starting their career but still after learning there is no guarantee that you won't lose...
No one can give you guarantees that after training you will not lose your money, since it will depend only on you whether you comply with risk management or neglect it. And the fact that even observing risk management you will not lose money is also not true, since not only beginners, but also experienced traders lose money.
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SUI conducted a TestNet program which lasted for almost a year and eventually they refused to airdrop their community who spend time and efforts to ensure the success of their project.
Is this the project you are talking about - sui.io? According to this article, they said that the airdrop is going to be in Q4, 2023 or am I missing something? The article you are referring to is not official. These are just the author's dreams that SUI can release airdrop. If we turn to the official information, we see that SUI never planned or promised airdrop. This was once again stated by the co-founder and product director of Mysten Labs, which is the developer of SUI: "Stop spreading nonsense. There is NO Sui Airdrop. Not planned or ever will be." - https://twitter.com/EmanAbio/status/1645183702224506881
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Which correction? Every famous investor I know (Mark Yusco, Michael Saylor, Cathie Woods..) is saying that a bull run with at least 30x is near us.
Earlier on I made a mistake at 15k, hoping for it to go down to 10k. Many people have missed their investment this way. I'm not going to sit around and wait until it hits 40k
That is, you didn't buy BTC when its price was 15 thousand dollars, and now that the price has risen to 30 thousand, you decided to buy Bitcoin? I won't dissuade you from buying, but I'm sure you shouldn't catch up with the train if it left without you.
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...But if we deviate a little from this topic, then I see in my own example that hold brings better results than trading. ..
The hold will bring more profit only if you are a bad trader. In this case, it is better to hold your coins than to lose money regularly. When you are a successful trader, your profit will be many times more from trading than if you just hold bitcoin.
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Signals are just signals it is sometimes not accurate and it is not like what everybody's thinking that if we used signals we will earn or win, for me it is still good to use signals but we also need to put or use our own analysis together with the signals so that we can have good trading experience.
In any case, you cannot blindly follow the signals and at some point you will stop trusting them. But it takes a lot of time, during which you will gain experience and knowledge. And at some point you will realize that you can make decisions on your own, the result of which will be a profit.
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...So, my question is, if Binance goes down, which centralized bitcoin exchange are you going to use? Personally, I think that Coinbase will become more popular because it's number two exchange by popularity at the moment and what makes it more attractive compared to Binance is that it's the San Francisco-based company, has been in business since 2012.
Let's not bury Binance prematurely, because despite all the Fud, the exchange continues its work. If you really consider yourself to be a trader, then you should have registration on at least several other cryptocurrency exchanges, such as Kucoin and Bybit.
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I hope All are well, am Looking a partner I have about $100,000 I want to invest in digital currencies, And I have no experience in trading. Can I find someone who wants to earn money and work for me in daily, trading method will be at my home. I live in Miami.
I do not know how you earned 100 thousand dollars, but I assume that it was very simple, since you decided to part with your money so easily. If you want to invest in cryptocurrencies, you need to get minimal knowledge about the cryptocurrency market or transfer your money to the trust management of a company that has the appropriate license.
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...Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
Of course, if you consider yourself a trader and do not have a crystal ball to predict the price, then technical analysis will be useful to you. But to trade and make a profit, it is not enough just to look at the chart, you need to understand what is happening in the market.
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My friend loves opening different trades at a time, most at times is difficult for him to control what's should be...
If, in the end, such a trading strategy brings profit, then he does not need to change anything. Losing trades will haunt you from the time you first started learning trading until you became an experienced trader. The main thing is that there should be more profitable trades than unprofitable ones.
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..." I am now a Bitcoin investor" ..
In order to become a bitcoin investor, it is necessary to have at least basic knowledge about cryptocurrency and have money to buy a minimum amount of Bitcoins. This basic knowledge will help you not only create a wallet for storing Bitcoins, but also keep them safe so that they are not lost.
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...*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?..
Having 40 thousand dollars now, I would refrain from investing at the moment, since the risks for investing are too high now. In my opinion, we should wait for the correction, since the risk of buying coins when they are at a local high is now too high.
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...First it looks like we are genius with quick profit from altcoins. Later, it turns to be sad stories as altcoins don't have good fundamentals so fast comes fast goes. We will mostly end with losses together with altcoin bear market. We can DCA bitcoin in bear market as it is very good but DCA with altcoins are stupid in bear market.
As a rule, most altcoins, with the exception of a few TOP altcoins, are suitable only for short-term trading. Accordingly, those who try to hold altcoins will eventually lose their money. So hodl came to us from Bitcoin and, accordingly, remains the most reliable coin for this.
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In the Philippines, only the legally recognized legal tender is allowed for the payment of wages to their respective employees. Any kind of payment not recognized as the legal tender is void and can be legally challenged by the employees especially if this was without their respective consent...
Similar rules apply in all countries of the world, with the exception of El Salvador, where bitcoin is legally recognized as a means of payment. But this does not mean that bitcoin is not used as a means of payment, but you need to remember that this is not done legally.
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We are all expecting a good season for altcoin cryptocurrencies in the coming months, and the stabilization of Bitcoin prices is quite encouraging as it increases traders' confidence in the market. We have already gone through a long bear cycle, so obviously, we are all now waiting for a good bull season. It seems like the market will improve soon, but the total market volume is still a major concern.
The dominance of Bitcoin cannot increase indefinitely and the closer it approaches 50%, the more obvious the correction looks. So we will soon witness altcoin season, but it can't happen sooner until Bitcoin dominance declines.
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High volatility in the cryptocurrency market is an undeniable advantage over Forex for most traders. And here the important role is played by the fact that with the right investment in a new coin, you have a small chance to still become a millionaire, which in principle is impossible in Forex.
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Optimism, arbitrum have done retrospective drops, zksync might too. I read in their discord a while back it will have a token...
It should be mentioned that for those who wish to fulfill the minimum requirements for a possible airdrop, the commission costs will amount to about $20 per wallet. If you decide to perform more interactions on the zkSync Era network, accordingly, your costs will be higher, since the commission in this network is not much less than in the Ethereum network.
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