is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
Three question but all of them can be answered with on which is Nobody Knows/. There is nothing wrong with the market either, the investors just aim to make profits in the short term only so the prices are not climbing above some point. Actually, the answer lies on the trend like the Bitcoin halving so next to that is the Bitcoin bull run but of course, before it gets to that point we will have to see the ups and downs like breaking the resistance. You will know when the market is going to go straight bull market is if a big drop going to happen then without noticing the market suddenly grow massively which means it's the bull run. We cant really tell that its already a bull run when we arent already there,considering that there are instances where bull traps do happen. This is what makes this thing hard because we cant just tell that we are going on a bull run just because it had dropped its price and then do recover? We have seen lots of similar situation all over again and we can say that everything cant really be predicted as you anticipate thats why lots of people on this market had leave out due to unpredictability and wreck up theirselves into the market. We can't predict when it will going to bull or worst thing if is it going to dumped. Year 2017 was a very lucky year for a crypto world and it was also a year where traders and hodlers of BTC are such a lucky person and can enjoy of the token they have because it was definitely a huge break to remember. But suddenly all that good thing happened in cryptocurrency just degraded time to time. The only thing i can is the world of cryptocurrency was definitely unpredictable. |
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People saying that don't trade what you can't loose. I mean people doing trade for profit not for loosing and offcourse this statement makes investors afraid.
You have a different understand with the caution. What does the warning says is that don't trade with the amount you can't afford to lose. That's simply as it is as there are first timers who did trading but didn't do no good with the amount they regret to lose. Trading is somewhat like how you spend your money in your day to day basis, in your daily commodities and necessities. Of course you have your budget of what amount you need to spend for your needs and save the other for some important matters. Same here in cryptocurrency, you budgetted your money you buy the token you have today and planning to trade of course you have your limitation on how much do you willing to trade well i assume that you already know how risky trading is. Like what many of uor collegues says trade the amount that you are afford to loose. |
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Yes names do matter. All crypto I've come know that are associated with weird names eventually fail woefully. No single one of this Cryptos stood the test of time. NOBS, Jesus coin, trash coin etc. The name of a project have a lot of things to do with the success of such projects in the long term.
Name in cryptocurrency matters most i bet because it is where the crypto itself will be known aside from the factor of what is its product about and how good its product is. Its just like a name for a real business found out there, it should have a name to be able to recognize. Like the real business here in cryptocurrency we can found some similarities in their products that they are offered there are only some features that they differ and of course different name a plus factor to attract investors. |
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The most common answer and what I'm gonna answer to is the demand. This is the same aspect of the people before there is no real price with the use of the gold and the silver and because of the trading and exchange they become valued and used the silver and gold for transactions and now they have valued. The same with the token if they are not going to be a demand coin they not become one of the most popular like the others. If truly I said their shouldn't be pump and dump in the market. Its just caused negative impact on the market. And its not happened because of development of project because most of the time pump is created by exchange owner. Binance is one of those exchanges. They can list any shit coin and makes 1000 percent pump. They took profit and their customer got stuck buying at high. This should stop.
This is the reason why we does need to have a background check about the coin first and avoid getting too much invest to a shitcoin that we doesn't know where it came from and when will makes a good market trend. The token will only pump if and only if the said token is on high demand. Of course its the only way that you can say that the token your investing in is in pump and if it is on pump your lucky enough and i bet its time to trade your coin. But at the end of the day dumping and pumping of token are only depend on how the market demand that coin. We only need to check the background of that coin and know if the coin was in a good team. |
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There is an important rule in the crypto market that you have to make your own decisions about your investments. The money is yours, so don't invest on the advice of others.
It's okay to get some advice to others as along as you have also basis in what your investing with. The only problem is that if you trust them quickly without any proof of your own research. Another thing is that, don't put too much money in single project. In the new project like this, there no guarantee that you have profit to this. Yes its true, in my case i do asked some advices to my friends that was also a traders like mine but of course at the end of the day the decision is up to mine also. I do also check the project background and whitepaper on my own and the advices and own opinion of my friends just give me some tips on regarding on the project that im opt to join. But in terms of new project i dont think so if i will not join easily i would still check it first before i woul decide completely. |
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It is the reason why some people are afraid to invest in cryptocurrencies or bitcoin because there is no insurance or no guarantee of return of payment if it doesn't have any value anymore. Cryptocurrency is decentralized that no organization or the government can't control. That is why its price only depends on the law of supply and demand, and no insurance to it that makes it risky.
Indeed a reason why theres a lot of people who'd still afraid to invest in cryptocurrencies is that all the time they know that it is scam, or not real money. As i know it was been news to our national tv though not totally estated as scam or not legit but they did'nt encourage people to keep themselves engaged in the digital currency. Yes, cryptocurrency was decentralized and no organization that's why i think it was also a reason government thinks that it was a hindrance to the real money. |
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All of us have some thoughts that someday our holding coins get a higher value. That's why we can't release or getting exchange, in that case holding is just like an investing wait for the boom to succeed.
That is, if what we hold is good coins that are always being developed by the team, but if it's just storing shitcoins that are no longer being developed by the team, then don't expect the coin to get a higher value in the future. It is definitely true, though maybe you would asked yourself why i'd still hold this shitcoin, you maybe think that you did a wrong moved or should you think that " i should trade or sold all of them while atleast i can sell them even in a small amount, than being keep them and without having any assurance that it will have any chance to get valuable again". But i also respect the gut feelings he/she has when it comes on keeping her/his coin. Remember cryptocurrency was unpredictable. |
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Hope many beginners traders will follow it because the mindset of the newbie once they entered to the trading journey they expecting instant earning money . Which is very wrong so they need to see this to know what they do.
This is the beginning points of the downfall for anybody who thing its instant money in trading or say in investing as well. Trading is highly risky in this volatile crypto's because if anybody get the direction wrong of price movement, they will incur a huge loss. So accordingly, one should trade with capital and only with good coins initially to get some experience as well. Honestly speaking i was once a thinker that becoming a member or discovering and entering the world of crypto may give me an instant money easily. But in the long run of my journey here in crypto it changed my mindset and i experienced that even i'll just sit in here do day tradings, or just sit typing and sharing my thoughts i'd still need to sacrifice. My time, pay attention to learned and of course accept the fact that i would still need to work it hard to get what i deserve to get depends upon the effort that i exerted. |
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It is definitely true that year 2017 was a year where a cryptocurrency is in big hit. I am truly agree that 2017 was a Golden year of crypto and i'm lucky enough that i may able to experienced the peak success of the digital currency. Today we may be disgusted of what we have seen on the market, a red marks indication that the value of our crypto are low. Bit i am hoping for another best year to come for the crypto currency. Hopefully came it so soon. |
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In all honesty, I really don't trust these telegram group chats at all. Most of them are joining the group chats because they are overly bored and have nothing wlse to say or do online so they jusy chat and chat nonsensical things that has nothing to do with the project and also the GIFs are annoying as hell. I really want legit projects to get to another much better chat program so we can participate better.
Me neither, i don't trust active telegram at all. Well maybe i already learned from the past experience of others who personally speaking that those platform were not totatlly helpful. Though i may not getting in there platform as always but based from the story of others it was already an eye opener for me. Dont have any interest to get in there that deep. I'll still looking for a better program that can really help me especially will educate me further, where i can get enough information and knowledge deeply about what i am doing today and of course where i can participate legit and knowing that my time and effort will be paid off. |
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I can say in a very small way that how you run each business will depend entirely on your personal and how your meditative ideas will work in your experience. If you have good trading experience, you can make a good profit with little capital. Maybe the amount of your profits will be less depending on the amount of capital. But if you are in new then you should also start with a small amount of capital, So that you can bring confidence about your experience and start with good capital later on.
A 100$ for me will be enough to start here in crypto but in term of investment A start for an investment but a 100$ for a trading i dont think it will be enough. Well if you are already a knowledgeable trader and know how to play the market well i guess you can make the most out of 100$ but if your a newbie in trading i'm afraid that you only risking the amount you have. A 100$ is a small amount but does your 100$ can already buy a food to fed you right. Just think about it. |
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For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
Maybe what i will say about that is just give respect to other's style of trading, maybe they have their own reason why just buy and hold their coins until their target reached, like me who keep panic when do trading as usual, maybe style that i picked is hold for longer time and just wait than everyday get stressed because think of my coin's price. Honestly speaking we can't blame one person's decision when it comes to his/her token or coin. If she/he would prefer to hodl her crypto for a long time its their choice. Its right that we should respect one's decision. Though yes we know that it may steal the opportunities from them to grow not only their coins but to grow them as a trader but as i've said its their choice. Hoping that they would never get tired of educate themselves about trading so that they may grow their coins. |
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This is what others thinking if buying and holding is the best strategy in crypto. When you invest in crypto of buying and hold it can reduce risks rather than day to day trading. We have our own strategy on how to earn when trading crypto. In my own opinion, the best strategy you can do is buying on a low price and selling on a pump stage. Though for holding long term it can reduce transactions cost which is also a good option.
You may only apply the strategy of selling your token on a pump stage or selling it on a dump stage if you're checking the market from time to time. For me i'm getting suck of seing those fluctuating of values of token upon checking the market daily. For me hodling and trading was best if you know already that your token is worth to be sold about or hodling if you think the value was not worth it, just be a keen observer on the market and play it well. |
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If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.
I agree with it that the difficult thing about hodling to much crypto is just you missed out opportunities like getting a high trade price whilst the token you've going to trade on is on peak value. But of course trading is not an easy thing also you should have the knowledge that required for you to be able to trade your coin wisely. And also you should be always updated by the current value of your token. |
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<snip>
Staking is a good idea, but only if you choose the right coin to stake. Some coins use inflationary model where 80% of their supply is released every year or so which makes your coins less and less valuable.
This should be far better for inexperience traders than getting into trade and ruin one own investment within a short period of time. Staking some good altcoins should be the right choice of every inexperience trader while learning the 'rough' game called trade. Is it not better to get little from staking than risk whole funds in trade?, sincerely, to me is better. Thanks @jackg, like your insight. Trading is not what is done in rush because you can rush out immediately too by emptying your account. It is a rope that should be climped gently until a good height is attained. There are so many things that can be learn in trade than in staking. You have to learn money management, your emotion need to be in order and a whole lot of things including technical approach and news reading. Learning trading itself will be the way that you must know if you want to trade better. You can not expect to master the trading skills in a short time because it needs time to study more about trading. But if you can have skills in trading, you will be able to make a profit. Don't just follow other people's analysis, but you should analyze yourself to find your entry buy and sell. Trading is not as simple and easy as you think because it needs the effort to learn, practice, and how we can find the right time to trade. We can learn just by reading or educating ourself about the stake of a coins you have but learning from your experience was exceptional. For me if you have a strong guts and not afraid to take risks why not to try right. But if you are limited not only in a coins or token but also limited your knowledge on how to play that game well better practice yourself by reading past experience of our co members here in forum. |
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Trade and Hodl everything is the good option but depend on the time sometime better option is hoddle and sometime better option is Hodl and sometime better option is trading on I thing that everything depended on the time and situation, first make the decision what you want Trade or Hodl you can handle smoodly that then decided Trade or Hodl if your better option or like.
Yes you're right. You can also rely depends in which token would you like to hodl or trade. If the tokens seems so long to develop and must wait to much time but worth of waiting, you must hold it for a long time. But if the token is good for trading and have too much ups and downs then you can trade it. Strategies and techniques have huge advantage to do for trading and holding. At the end of the day hodl or trading your token is depend upon the needs you have in future. It is better to hodl a coin that was best for long term investment knowing that this coin would be worth waiting for and knowing that this coin would level up its value as long as you hodl it. But trading is also a good option if you're not afraid to take risks of what you have today. It only ended up on how do you play a game well for you to be able to earn as much as you wish. |
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Now very many already know the crypto world and they have so much to get results from the crypto world that many are interested in learning more details so that they are more confident to be able to feel the benefits of crypto, and now around the world already use crypto and many countries that have legalized crypto, and it will not be impossible to replace the original currency in the future.
Cryptocurrencies will definitely play a huge role in the near future but until then it will definitely take a lot of time because people still have a bad view of this market. I've been in this market for this time and have never intended to leave because this is where you can be free without anyone's control. In addition, the crypto market has changed my life a lot and there will surely be many new opportunities for me. As days passes by technology also continue soaring to its highest development and expect that in near future its not also possible that crypto currency could also be one of the mode of payment in every transactions. And if it would happen it would also be a huge break for a crypto to soar and also an advantage to those who token hodler. But the only thing that we can't tell when it would happen to crypto is also a questionable. Cross finger for this huge possibilities of crypto world. |
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Social media channels has alot of rules to play, have lose many coins due to not getting myself familiar with their social media channel, sometimes due to not swap or probably been delisted on current exchange account. Is very important we all follow projects social media channels, so as to stop missing vital information.
Yes its a must to follow the social media sites of the project you invest in because they are giving important announcement, upgrade and progress on their social media sites. So in order to be up to date and never left behind, keep this in mind especially if the project is good. Well aside from the fact that we are now all engaged at the social media but the mere fact that the only way to get engaged by the crypto currency is through the medium of social media channel emphasized how it really important to be updated and be a part of your said project. Its a must that everyone envolved in crypto should be aligned with specific social media channel together with their project for them to be able to catched up latest update and be knowledgeable. |
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Because the state does not allow physical casinos, I have never experienced the pressures that the OP said when visiting physical casinos. However, I only have a few habits gambling on online sites and especially online crypto gambling.
I love dice and I have played it on several sites. As an experience, I can be said to be disadvantaged in gambling because I often lose compared to winning so I have to come out with an empty balance. To win, I had to make a number of attempts and also use several techniques. But in the end I was still unlucky and could my efforts to achieve victory be called something like pressure ? If can, that means physical gambling and online gambling are both having pressure for players even with different situations.
Before I tried to play the traditional way of casino and other gambling games. One of the games I had tried is betting in Billiards in which I will bet that I can win the game for a big amount of money. As long as no one defeats me I will play continuesly without realizing that I am slowly being an addict. But when I experienced a lose streak, I got pressured and had decided to stop playing gambling because I am really afraid to lose all of the things I had just because of the addiction. |
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There's also a possibility that some governments will allow it because some casinos are being run by the government or they have a big cut in the revenues.
Do you think it's happening right now or do you know of one in your city?
If they will allow it, it there is no need for underground casino and all casinos will resume operating legally because the government cannot choose a casino that they have interest when it's the same game and same industry, people will complain knowing the reason why it's stop is because of the covid-19 prevention and not the legality issue or anything related to it. The government may allow it but not publicly, or there will be a lot of criticism for allowing casinos to operate under the lock down, we all know that casinos are where the prominent people are playing, and they can break the rules as long as it is not within the eyes of the public. These casinos will only allow their trusted and long time clients this is to keep the profit from coming in, they are just here to bring what their clients want. Here in my country, all of the activities that requires mass gathering are not allowed because the government here are preventing the spreading of virus through social contact because there is no exception when it comes to the spreading of virus even if you are poor or rich once that you have directly contact to an infected person you can be infected also regardless how clean you are when it comes to your hygiene. |
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