If this is really true, can we have a link of a publication on this. ? This will get us more convinced and also give bitcoin users more confidence and bring in more investors.
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Banks are not going anywhere. All this kind of talks is just to phsyche people and make them happy. Just watch it. Crypto will exist and banks will also exist. Crypto for now need some adjustment before we can begin to say it will replace an old system. This is still a long term dream.
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STRATEGIES TO INVEST IN A BEARISH MARKET
Cryptocurrency investment is one that is known with the ability to bring massive profits and returns. If properly analysis and risks are considered, an investment will always smile on every of his investments this has been difficult for investors as the cryptocurrency market has seen more than 70% price drop since december 2017 , thus the trend this year has been bearish. Its interesting to know that profits can be made in any market trends depending on your strategies and expertise.
Now what is a Bearish market ? This is simply when the people sell their holdings such that buyers are diminished at every time. When this is repeated , the tend is called bearish. The sellers are called Bears.
Below are the Strategies to apply in a bearish Market.
1.Set Up Stop loss and Watch them closely : Stop-Loses and Targets are two of the most basic instruments that each and every cryptocurrency investor and trader needs to acquaint themselves with. Setting an order with a stop loss is fundamentally like an electrical switch which guarantees that once the price set achieves a settled low point, a deal naturally happens. This guarantees that traders and investor don't make loss or bigger loss on their holdings. Its important to follow your trades after Setting a stop loss in case you will need to make advanced decision.
2.Follow News : It is basic for every cryptocurrency trader and investor to always follow the news especially for the sake of the cryptocurrencies they have invested in. Its good to follow steadily and closely through all social medias, Google News Alerts , RSS channels, and many more. This will help you to be updated with prices , latest development about the project and cryptocurrency community at large.
3.Understand the market trends and graph : Traders and investors need to keenly observe and study the market trend and graph. In the past eight months, there has been slow and constant downfall with some little little uptrend in between the falls. Those that quickly observed this early would have known how to handle trade, investment and what more to expect as things unfold. So its necessary to compare past and present record to determine what might happen next and steps to take. This has proven to show high accuracy rate.
I hope this information helps everyone to be a better trader, investor and make more profits.
Thanks
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i will not go with this and maybe this isnt happening anytime soon. nothing can replace the fiat or old money system. crypto will thrive , i am so confident of that but not like replacing the fiat system.
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this is indeed the usual and manuipulation skills used by some set of people to scare people and cause them to sell at loss or dump without second thought. i think everyone that is deeply following all this trends should be awre of this old cheats. sell when its good for you and when you make good decisons. dont follow crowd , pump groups or so called experts or fudders. stay safe and learn daily.
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this is definitely not a new thing. we have seen so many kind of this news . to me i think its just a manipulation to distract away from that region. i know very soon we will see another news like india unban cryptocurency. lol, keep it coming.
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i have a very big goal in terms of bitcoin ownership and i do not like to expose it while am working towards it. i just want to have enough bitcoin such i will never be poor again in my entire life and all my generations will be liberated through this. this is what i want my testimony to be .
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i have a strong feeling that this statement is a possibility. crypto adoption is just coming and it will come massively. we are seeing a positivity as threre is steady sensitization by all means over the world which is causing great advert and publicity for cryptocurrency.
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i feel that the youth are finding it easy to understand the cryptocurrency than the old ones. truly it might take some time to fully understand cryptocurrency afte several studies. it took me some months and somehow 2 years to fully understand it and am still learning. so its only the interests that will make one keep learning because there is more to learn.
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i think its a normal thing for anyone who knows what he/she is doing wont fall for any of these cheap manipulations. many fudders and panickers are really really doing a worst thing in this space and its affecting alot of things in this market. everyone should be wise now and play the game way it should be and not be moved by fuders.
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the simple truth is that everyone cant do the same thing or be the same. so it all depends on what works for you as a person not what works for others because it might not work for you. in life, everything is good st its time. and so also is crypto. everything is good if done st the right time. so holding has its benefits and loses all the same. just do what is good at the right time.
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At some time its good , while its bad at some time. its a two way thing depending on the person you are following and your own knowledge about what you are investing into. at the end the decision remains your even if they ask you to do thismor that, you still ask yourself if you should do it or not. You have your control over yourself and your funds not the so called prediction expert. predictions are not always right and nothing is 100% certain.
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it seems regulation is inevitable and sooner or later it will be achieved. its good as some countries will not accept it at first and somw will embrace it. so far cryptocurrency has a large community and its growing bigger daily. the future is bright , i am hopeful of it. crypto js here to stay no matter how long it takes before government adoption.
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the fact is that these big gurus are into crypto but we dont know how . many of them are still going to come publicly like yahoo did and its a massive boost for crypto. crypto is here to stay. some of the big techs are playing and using their power and posiiton at this time by placing bans and removing them. we wil see how thiings will unfold very soon.
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i think its always good to have every exchange details written down in black and white. and also enable 2fa security, email security . this will enhance and help against hacking. and also do not give any access of your exchange account API to anyone or any bot. f you can do all this, it will keep you safe.
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To me i think it has tried so far, with the support from the enthusiast despite the criticism from the enemies. It's cool to say it has tried. It will stand more as it makes more landmark. It will gain more ground ...
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No one can really say if it will drop or not, what we can say is to give speculations about what we feel can happen and it's a 50:50 event which might later not happen. But i am sure there is no constant uptrend, if it rises, expect it to fall. If it falls, expect it to rise. So no panicking or fudding.
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Everything needs regulation. It's not going to be sudden or instant. It will come gradually and everyone will embrace it. That's what I feel about it.
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Personally I am not moved by thus news anymore. We will keep hearing different versions of stories of it while it might be a distraction for us. Lets face our normal business , trade, buy , hold, take profits and enjoy
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