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What you say is actually quite difficult to implement because we can only identify a downtrend clearly in a period of 2-3 months. It is advisable to sell all ETH and BTC quantities when the market is down. Trading with a profit of 3-5% is sometimes not enough for a trader 's greed, so we often lose ourselves to bigger profits. Knowing that playing by principle can help us get a more regular return. But For me to master my emotions is quite difficult
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I think each person will have his or her own judgment on Technical Analysis. Technical analysis will give us the basic knowledge when we do transactions but that is not all of the factors that make up this cryptocurrency market. This market is still small and manipulated so we have to choose to follow our own way of trading, unlike anyone who can get profit.
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Depending on the market, we have different trading strategies. It is difficult to have a right strategy in all circumstances and we can follow that strategy completely. For me, I always choose to trade safely. I always split my capital into different Altcoins. Always put 1 share of your capital in USDT to increase your accumulation. With the market in the present time, I choose to surf with the Altcoins I hold. For every wave I sold 1/3 of all the coins I had to wait for the wave to drop and re-enter it at lower prices
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My biggest mistake when participating in the cryptocurrency market is hasty. When I thought it was the hardest bottom and I always made my capital quick to buy at that time. I found that it always discounted prices later. My experience shows that: "the money of this world is moving from impatient to someone with patience"
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For me, a good trader is the one who has the best ability to control his emotions. Capture the psychology of others to be able to grasp the general psychology of the market or the majority of players. There is a trick when you want to grasp the market psychology is to make a topic in all the big facebook groups about Bitcoin. Finding common psychology in their comments we can find the right investment decision. Remember that going with the crowd is how we get eaten by sharks!
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It looks like I made a big mistake without thinking like you. I had the capital with a value of 20 times the amount of money I spent when I joined this market. But I didn't drop any of my bitcoin to invest in something else. Now I really want to invest in marketing and business but really have no money to do it. A few friends also suggested that I participate in the transportation business. It's a pity that I had to miss too many opportunities because of this decision!
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Perhaps what you say no one can predict. But when you believe in bitcoin, now is an attractive opportunity for you to accomplish your goals. Or lose all your assets or you will become very wealthy. I choose this bet because I believe Bitcoin will give me a greater chance!
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When using this trading floor, I found it quite interesting for a trading floor to trade quite a few large Altcoins listed. But the problem is that trading with this floor is quite slow, so you have to consider it before using them.
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I am a adventurous person so I will choose to store my money in the Exchanges. This job is very convenient for me in trading transactions, making the flow of money be made and creating accumulation for myself. That's great
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I never really thought that there would be a single cryptocurrency that could replace bitcoin. The value of Bitcoin lies not only in its technology but also in thought. 1 Thought to create the world of Cryptocurrency like the present time as a leader. I accept trust in the path I choose and bet with everything I have while everyone loses faith. Bitcoin will come back and surprise all investors!
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Your thoughts are really like me. I am ready for the most expensive price I have to pay in the cryptocurrency market. I believe that bitcoin will not disappoint me as many people have said. If Bitcoin is a bubble, plunging into a bubble is the way I make money. I also bet all on bitcoin. Good luck to you and me  |
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LOL. In my opinion, I am going to welcome a new peak of BTC and ETH in 2019. When the cycle of more than 300 days of the BTC is complete, when the Eliot wave completes its cycle it is time for us to see the BTC reaching the price. Only passing the time of 21k and ETH will create a new peak higher than 1k5, will not be bottom in 2019. I believe so |
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In my opinion to start a transaction in the cryptocurrency market is extremely easy that anyone can do. Please refer to basic knowledge on youtube from how to set up an account and place trading orders. The biggest difficulty is how to get that profit which is the question you seek. As a new investor start with small orders to gain experience. My advice is never rush to make a decision. The money of this world is moving from impatient to patient. Before making a decision, please take a deep breath in 4s. Good luck!
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I think this function is a great tool that gives investors the opportunity to collect profits. Stoploss at the right time can help you overcome your greed to succeed. From what I know professional traders all use stoploss to minimize the risk when the market changes unexpectedly and make you fail to keep up.
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In my opinion, currently the cryptocurrency market is still a relatively new market. It is like a child who needs to walk step by step with steady development. Try not to add your capital to the market at this time. When the downtrend ends, the light of bitcoin will repel the current gloom. No need to resort to miracles, the trend with bitcoin technology will change the world's finance without any country preventing it.
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It is now 8 January 2019 that bitcoin prices are fluctuating at 3k5 - 4k. I think this is an optimistic signal that could bring warmth to the crypto market. Maybe after the hardfork of eth ends on January 18, it will show more optimistic signals of the market, signs of bitcoin's recovery without bears. I always expect that by the end of 2019 we will see the dominance of bitcoin
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I'm really stuck in your situation. All the capital I have has been poured into the cryptocurrency market, ICO projects. Some altcoins are broken down, 1 coin has no volume traded on the exchanges. I was also desperate and had to search for another job so that I could forget the losses I suffered. But I still believe that we can expect to enter the crypto market in the future. Good luck to you!
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It's great to also choose bittrex as the best choice of all trading platforms. The age of bittrex is quite long, the system is quite stable without any maintenance errors so that investors have to wait too long in the sensitive market time. The security of Bittrex is also extremely great at this time!
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