To secure your profits you need to have and remember your exit strategies every minute but it's often neglected by new traders.
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For me long trading is a best way but sometimes I trade short if there is a obvious opportunity and you should not miss it.
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Most professional traders stay calm and relaxed even after a series of losses. They don’t let the natural ups and downs of trading affect them emotionally.
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Сomplete agree. 90% of traders lose only because they are not educated enough to estimate appropriate financial risks and due to a lack of studying
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Bitcoin has established real life applicability. Altcoins have not. In addition Bitcoin market cap is a half volume of the total crypto market cap.
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It is difficult to predict coz it can start pumping in a moment but in general - I still belive in 2018 bitcoin will go up and my target is $50 000 for bitcoin.
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The best exchange for one person, might not be the best for another. My personal experience: Bittrex and Binance
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The important thing is to be patient while project is in development. The trick lies in constantly checking their researching on the Github depositories.
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Ethereum has many competitors but also has two key differences that have been crucial for its success: Smart Contracts and the shift to proof of stake.
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There is a complete lack of a reliable set of criteria for the evaluation of new platforms. You should choose your own criteria to rate the project, completeness, accessibility of information.
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What drived the price of bitcoin up in 12.2017? Hype! So we are waiting another hype with WEB 3.0 and services on blockchain.
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Not even close to the death. For comparison, in 2017 with the help of ICO cryptocurrency ecosystem raised $ 4billion, and in first half of 2018 - $ 9 billion.
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The problem is there are lots of coins have no practical usage, except for very few. If any currency becomes widely adopted in the future, I think bitcoin will still have a market share.
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The harder and faster we fall the more likely we are to get a reversal that puts an end to this bear market. And see a lot of signs that bearish trend is over.
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But it's still much more convinient than any harsware wallet for sending money to crowdsales and conducting transactions of ERC20 tokens.
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Not sure but as I know - ripple is the only cryptocurrency with an actual huge company behind it with ability to comply with bank partnerships. However, I don't belive it could give you X
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I believe in the next few mounth we will see more pumps on crypto and maybe a sharp growth to $20k for bitcoin.
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I suppose bearish trend is over. I would recomend to look at STRAT and Qchain. Qchain is more risky but it easily could give X))
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While there is much focus on making money in crypto trading, it is important to learn how to avoid losing money.
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If you are looking to build your Bitcoin position in more conservative way - now might be a good time to consider only BTC.
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