As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.
right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate Having lots of coins will not guarantee you can always get a profit, the most dangerous thing is that you save too much coin and the price falls a lot so it will make you lose a lot. |
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we have already seen bitcoin transactions may cost around 5 dollars for even million dollars transactions recent example of this transaction is Binance did huge transactions to their cold wallet which cost then few dollars after bitcoin halving we may expect less fees
I think the transaction costs when you use bitcoin when the price has reached $ 20k more or more expensive then the exchange of transactions that will occur will be very expensive because the price of expensive bitcoin exchanges will have a very significant price effect. |
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agree with you , i think what "that" people mind is this time to sell , i wont regret like before i didnt sell at 15k$ or something like that
The core purpose of an entrepreneur s always to make some money and if you are making money in the coins you have right now, why no to cash. This is about the money and there is something about the crypto ideology as well for there are people who have been HODLING great number of coins and they would not sell even if it reach $30000. well, the advantage is that many people want to get it, but you have to know to be able to get a lot of profit you have to be able to have trading capital and of course you have to be able to read situations and graphs that occur at the exchange because if you don't have two important things like this then you will find it difficult to make a profit. |
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we cant know where the bottom of the dip , i think if u'r really newbie on this , better use 100$ instead of 300$ for method , that mean you can buy 8/9 x for more dip if needed
I think for new trading it is difficult to determine the right time to buy coins at a lower price, my advice might be for new traders to be able to learn good and correct trading methods in some media, if you don't want to learn then you just need to control the patience You have not to sell at cheap prices. |
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I think for people who fail only those who can't control their patience and are easily panicked when prices fall and or suddenly rise they panic buy and don't realize that it's just a trap, so when you are transient you have to be careful and keep patient.
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You can't really avoid it. Even if you're a person with a high IQ it's just impossible to plan for every possible way that you can get hit. Experience helps a lot, but in order to gain that experience you have to be a victim.
trading requires very high patience because if you can't control the patience you have then you will often experience a lot of losses and all you have to remember is that trading has a very high risk. |
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today on 15/06/2019 I see the condition of cryptocurrency price movement is very good, it can be seen from the price of bitcoin that can recover prices and can reach a price of $8000, I hope price movements like this will always occur so that the end of the year bitcoin prices can become very expensive.
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We are proud of that and glad to heard, that even a small country Philippines was already accepted bitcoin. Hoping that this good news will continue. We believe that sooner so many nearby countries will adopt bitcoin also. Because of that many Filipinos will be attracted to invest.
I think small countries like the Philippines will not have a major influence on the development of bitcoin prices, there must be a large country and have the world's largest economic condition that accepts bitcoin to be used for transactions every day, it will make the price of bitcoin expensive because bitcoin transactions will increase. |
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Cloud mining can be good if you have your own mining rig and you have the advance tool to do so because if you don’t own one and you only do cloud mining using websites then it might be very difficult to mine bitcoin most especially now. If you don’t have the patience for cloud mining like me then better buy bitcoin and do trading it’ll be a good way to earn money.
now RIG mining seems to have not benefited too much because it was seen from electricity costs and increasing difficulties making RIG mining difficult to produce very large amounts of bitcoin. at this time I prefer to trade bitcoin by making purchases at the exchange that can make it easier for me to get bitcoin. |
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For the current situation, fundamental analysis is far more useful than technical, because the market is sluggish, and nowadays there are many good news, Tron, Ripple and Litecoin. You can choose one or you can buy all of them
I think all the analysis that you do will not guarantee your security when trading because trading in the world of cryptocurrency can never be predicted so you better save the capital you have and go into the exchange when there is good news. |
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The good thing with crypto is you can trade it spot trading. Margin trading is the most difficult. You can blow your whole portfolio in a matter of seconds.
from the statement you gave, I can conclude when trading in forex, the risk is very high and you can get a loss when you really lose, in contrast to cryptocurrency which can still be held until prices recover. |
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Bitcoin's price as of this posting is at $7,832.47 and man, we did dump a couple of bucks when BTC almost reached $9000. Yes indeed the bulls are back but this time bulls are getting more cautious in how it pumps the price. The bear market will always be on the lookout just to take advantage of this season. BUt some have speculated that BTC will be have a bull run for but will start after 7 months. At the end of the day, you really cannot tell, but what we can do is to make actions based on the current market trend
That's right, even though there has been a lot of news circulating that bullrun will arrive soon but we must remain vigilant in investing because bears can arrive unexpectedly. Keep doing research and keep investing wisely, maybe that's what we have to do. that's what is called risk in the world of trading and the world of investment, because we all know that what you do with the finances you have can have a very high risk, depending on your courage in taking steps. |
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I personally still need FIAT money to exchange Bitcoin currency into FIAT, because in my country the government still has not legalized Cryptocurrency. So if I go to the market to buy food, I still use paper money.
It seems like it's still used by many people in this world. I also use the same thing to be able to buy some items in my country. My country has not legalized Bitcoin completely because information hasn't been thoroughly explained. indeed cryptocurrency is still used by many people in various countries but the amount of cryptocurrency usage cannot make the price of bitcoin recover because sellers who accept payment using cryptocurrency are still very few. |
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I respect creative people.It seems to me that it is very easy to realize your talent in the crypto world.There are even platforms that gather talented people in one place.Formula=talent+crypto=success and income will work.
just by being a creative person you can get as much money as you want, because creative people are very rare and surely there will be many people who appreciate the intelligence you have. |
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Will that happen? I am sure most people do not support that by providing more detailed and more important personal data only for a fair supply of money, it will never be comparable to me it can be misused at other times and their interests, do not let this work because of my KYC don't like a little but many people send KYC just to get coins that aren't necessarily good and real.
well, there are a lot of people like that, examples of cases like those that happened on blockchain and coinbase, there they can get additional trading capital when they have done KYC and the price they pay only for $25 in my opinion is very valuable because your identity can be sold at a price higher than just $25. |
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It is strange that in USA where I heard cryptocurrency is prohibited - an indicator of 30%. Russia is understandable there are no prohibitions and 15% is quite possible.
It is possible that the USA is afraid that this cryptocurrency will be used to pay for labor actions so that the US is currently banning the use of cryptocurrency by as much as 30%, but I believe this is done by the government for good in the USA. |
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I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?
It depend on you, bro. With newbie, i suggest buy top 10 coin in coin market cap and hold for a long time. Or if you want to learn trading, let start with small amount first. Cheers ! It is true that trading depends on how you do it because of something you do when trading will give you financial fortune, traders must be able to patiently control their emotions and not be easy to panic. |
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It is really great numbers. With 13 years of operation in the financial sector, freshforex will really be able to attract many investors to it. But we need to know the security system of freshforex. At the moment, there are many big exchange hacked and lost tens of millions and even hundreds of millions of dollars.
I think it has become natural for all exchanges to have such risks, they could be attacked by hackers and it could be just their manipulation to steal all the assets of their members. |
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If you want to hold then the coins such as bitcoin or Eth is the right choose but for me 50k is huge amount of money besides hold the coins i mentioned above i think used it 10% - 20% to seeking another potential altcoins which can give you good profit and don't too underestimate with low volume support for particular altcoins because it cannot be guarantee those altcoins will be worthless sometimes if there is new pumped for them then the altcoins volume support will increase rapidly following the price too
when you are trading on altcoin I suggest you do not use too much capital because in altcoin the price movements are very unstable and altcoin also cannot promise, only those who have very high patience are able to trade in altcoin. |
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immediately after the tweet, it seems like the price went down for awhile. it might still remain there for weeks. justin sun has been known for long time as a manipulator. who follows him might get burnt.
maybe because he has very much trading capital and has many followers that are easily overlooked then it will make him able to move the cryptocurrency price on the exchange, usually it is called the influence of FOMO. |
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