I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose, my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk. Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here, are we going to continue in losing trade? I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.
Trading is the most important part of cryptocurrency and no risk no gain.So if you want more profit must need high risk but if you want to low profit just try to buy and sell. IF you lose on trade juts loss money and i think its best idea for the newbie or small traders losses are happening at most of the time because of many people will not trusting trading and their interest also very less to trade , so they definitely need to improve in trading for good profit. |
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For most Rich people, they are just dealing with this activity to have some social life and to have some fun with their colleagues, they are taking some time to chat with friends or relatives while enjoying the games that they are playing, while poor people take this as a game of chances, when lucks permits them it can be an easy earned money making activity, while if they losses they will keep try recovering / winning back and repeat it from time to time.
But from a government's view, they should bother about the consequence of having gambling and they should not have different opinion based on our wealth status. I mean to say it's not okay to have more gambling houses when rich people are not getting suffered and only poor people keep trying with gambling then why should bother about banning gambling. A government should work for all the people. Allowing gambling even they are aware of how people are suffering must be kind of dictator ruling. A country's gambling industry should be under high level of monitoring and the growth of number of houses should be regulated to have minimum number of houses. But, I'm not sure how many governments are working this way for taking care of their citizen's health and wealth. every people wants to play gambling India life because gambling is more attractive for attracting every people that's why gambling will improve day by day in all over the world is gambling will increase it is also very good to improve something better. |
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Firstly, I will like to congratulate all of us that started last year and today according to my country calendar we are in new year in health and prosperity. I wish all of us traders well.
From all indications the cryptocurrencies market and bitcoin in particular has not seen to be in the bottom yet and the bears are more ready to pull down the price further. We don't even know accurately were the bottom is and according to some speculators bitcoin might go below $3000 before we can see good recovery.
My question is this: were did you think Bitcoin's price will be at this time next year and What are your thoughts and technical reasons why bitcoin will not go beyond $3000? Your views will be appreciated. Thank.
On a more detailed level, no one can really tell the time we will begin to see a bull run and a sustainable growth again. Everyone hopes that after bello $3k that the price of Bitcoin will surely begin to rise, but the reverse might be the case and nothing will still happen. And for where the price will be by this next year, it's too early for such guesses and predictions. If we expect a lot from trading then it will not came for us then we cannot make interest to continue so don't expect much more work more then get what you are doing it will be the right way for doing trading. |
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Agree, after all, even though the price of bitcoin continues to move up and down even though there is always a correction that occurs when compared to gold, then I personally still see bitcoin as a good investment value for the long term. It's about taste, I'm sure everyone has different views and choices. So with its decentralized nature I personally really like it even though we have to be mentally prepared to hit all the obstacles that must be passed.
when investing a long time become will be more powerful because Bitcoin had huge future than gold but in today situation gold is more expected by lots of people because it is more stable than Bitcoin. |
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Not always but it's often to win.
How to beat the house ? Become lucky enough and having some guts and finally they meet at perfect time, you can win big !
It's difficult but it's not impossible !
We don't definitely say at anytime this will be the winner of this gambling because gambling will not give few more attraction for your mind it will all about tricks and time that's why gambling will play vital role in making money more easier and also difficult. |
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Yes, I think so and totally agree about this matter. Patience is the key factor in succeeding in the crypto space. Some people buy altcoin and want to become successful overnight. But it is not possible. If you see the history of some main currency you can see their price did not increase overnight. So it needs time and patience to succeed in crypto space.
Patient level will give lots of people to make their life more better because if a heart patients then we will definitely take some good steps forward and it will leads to success if we don't make the good decision it will not work for long time it will definitely going to the wrong way that's why patient level will play an important role in this field. |
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Sure, have some useful tips for newbies:
1.observe the market movement few weeks
2.Diversify your stocks always
3. never use margin trading without enough experience.
4. only use small amount of your entire cash in beginning
5. be up to date about market daily
6. Do not follow television’s advice
Anyone who interested in trading should definitely invest and trade it will not require your experience while starting because you are the owner for that so the success and losses are only made by you but the experience will definitely improve your trading experience soon |
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Though at the present, cryptocurrency is very poor position, but I strongly believe that cryptocurrency will be a solid and better position in the upcoming future.
What I'm saying is there is a bright future will definitely be there for the development of cryptocurrency was saying by me it will definitely works in anytime but it take some time if it will be perfect then all of us will be very happy |
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I'd always "recruit" people into crypto currency if and only if they ask me about it first and never a hard sell in it. I mean I'd teach the bare minimum of how things works and they'll have to fill up on the rest. Sharing about this experience is always awesome for me.
Teaching and advising some people to make some investment is very good but forcing some people to make investment are not good for him and us so anything will be forcing not happen at any time it will take time to read and understand. |
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Cryptocurrency market is unstable. I think we all understand that already. That is why we must be very careful about investing in cryptocurrency.
Cryptocurrencies are not stable so we cannot comparing the stability between one cryptocurrency to other so my opinion is if Bitcoin is less stability then people will adopt to the situation then it will be easily managed by them so Bitcoin is less stable but it has more power. |
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Addiction is bad for those who wanna to win back lost amount. The mechanism works flawless in gambling industry which customers come to beat it  The sum of win/lose will be zero,that is the main reason we call it zero-sum game. Your loss amount is someone's winning. I advice to think twice before entering to casino if someone wanna to risk the hard earned money which he saved during months. people want lots of money to be happy in their life that's why they are entered into gambling but lots of people will not succeed in this field and we all know it will not happen for most of the people but still lots of investors coming forward to invest in gambling soon the tricks and tips of gambling will be found by someone then it will be a easy thing. |
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Here are some tricks if you are new to crypto world.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
If you are lucky then you will win otherwise it will be not a good idea. Yes, I respect which you are thinking but it's so tough to understand perfect bottom. sometimes you can lose your all investment by that way. I think we should invest more coins than only one coin. Well mate for New users it is not good to apply more coins. First it is the most important step is to gain knowledge and skills and after that you should try multi coins. Traders should be very careful because its about skills and information. Learn the more and invest when you see price is low and you can. Every person has their own tricks in this field there is no succeeded tricks are available for trading and especially Bitcoin trading will not be find table by anyone it will all about the running flow. be your own mind it will be the right trick. |
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I love a lot of coins which defends on the project they have and the technology and products they are providing too. I also lost a lot of Bitcoins in certain altcoins but i also earn more in other altcoins too. You have a point though.
That’s really nice and not only you but allot of people are here who earned money with care and skills in trading of bitcoin. I have never tried any other Altcoin but I only use bitcoin that gives me good income. I really appreciate those who keep on investing even at bad days...so I like to apply my skills on bitcoin this year once again. This field and this situation will not allow you to make any steps I hate because we are know the situation is not conveying for us that's why this topic will hear and it will change soon hoping the value will definitely increases for Bitcoin and other cryptocurrency will also beneficial from that. |
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Most people are afraid to invest in Bitcoin because it's really hard to expect high prices due to it's market volatility and it is a very risky investment,but if we study it well and accept the truth that every investment we make in Cryptocurrency is no guarantee so that we need to take a risk before we earn.
People are thinking if we are getting lost what can we do this will the reason for people will made afraid of Bitcoin otherwise Bitcoin had a huge response by the people but particularly this reason will get more people out without any other discussion |
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I love the way you suggested this it looks like you were just concern about what i may have or not in future,but for me this is one way of testing my self and capability to totally controlled from being a typical gamblers from a fun seeker person,in which i can prove myself of not looking for gambling to earn but only to enjoy,but thanks for this Buddy One can be a fun seeking gambler. If they are playing for fun or entertainment then they can continue playing without a care in the world accepting that the money they put in is not for making money but a payment for entertainment. Thats how many gamblers remain on sites to play more and everyday and as long as they wont end up wasting too much money there is should be good. Every person has their method of making money or having fun. If someone finds gambling as entertaining then they should be allowed to do that albeit with proper restrictions on how much they can spend.  Spending money for entertainment specially on gambling is no different on spending money from other types of activities since you do look up for enjoyment but the difference among the two is that gambling can give you the chance on earning profits but well it depends on a certain person if he do really mean or serious of winning than on enjoying himself. Its a waste of money if you came to play just to seek of profits because gambling doesn't really work that way. Your life is filled with both profit and loss and both happiness and sad it cannot be changed by anyone so gambling also like that gambling has both profit and loss it depends upon the situation and how we are using gambling us in the profit way |
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According to my opinion, I think It's income and should be taxed. There should be a tax on capital gains because it's income and the current law is that people pay taxes on their income. If we want to debate or reform that policy, perhaps we should, but then it should be targeted at all kinds of income taxes, not just capital gains taxes. Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.
What is your thought on this matter?
Well, i believe tax on capital gains already happening in our life. Its fair and it does help goverments to provide the infrastructure that could boost economy and businesses and also health life of the people. paying taxes for anything will be important so capital gains are always useful for us so the economy will be developing using this so taxes may. cause economic changes more stronger |
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Yeah i agree. Price is at its very bottom, atleast that is what we believe. Things can change very quickly, because this is crypto world but i still believe that we are around at the bottom and things might go up very quickly very fast.
how can you believe in the rapid growth when we were falling all year. Fast recovery is simply not possible now. Agree rapid recovery can not be now on the market , I think the recovery will be the same as in 2015-16 years, but to invest in a little bit of course The choices depends upon your opinion that my opinion is investing in this situation will be very good for our future because investment is always gives you your hand in the difficult situation that you are in so if you invest today then you will be get some amount in the future. |
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Bitcoin can never be at a stable price. Since people still trade cryptocurrencies, there can never be a time when any crypto would be stable, that would mean no need for trading or holding since there is no appreciation in value. The volatility of cryptocurrencies is one feature that can never be wiped off.
Yes you are right we can see this point to any other currency but Bitcoin will not support this format because it is more and stable currency and we cannot find the perfect place it changes every day so the price of the bitcoin cannot be locked at one place |
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What do you think can be a consistent winning player on this game? is this game of skills or luck?
the longer you play more skills you get?
Yes been a long period of time in any field which is also the plus point for us so you can do the better things with your experience that's why experience will play an important role in gambling. |
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I would agree with that, it's an eye opener, I myself understands now that shit coins has no chance to grow in the bear market, these coins are profitable during the bull, so I keep them, I only knew they were shit coins when they fell hard and seems like no one is interested in trading them.
Going forward, I believe what the bearish market thought us is to be smart and be matured, we've seen our coins potential and in the long run, we will be able to make the right decision based on our experience.
but at least dirt coins will take casualties for those who are not yet good at analyzing. moreover the coin is from ico where many investors invest their funds. on the other hand there will be an evolution where only good coins will develop and still exist. so that there will be a positive competition Yes when we are analysing the good things it will be only showing our confident so investing and good times and good way will be the right thing for us and it is the helping equipment for our life doing itself is the better way. |
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