Why don't you try to search in google about how to learn trading cryptos, there were many sources like the articles, forums, videos like in the youtube. If you start to trading just try with a little amount of money just to train.
basically trading is only buying at low prices and selling at high prices. Well, that is the basic theory. however, to see how people trade, there are many examples on YouTube. if you want to learn price analysis, I suggest trading directly. then you will get an idea for that. |
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that's because most of the traders aim to get profits quickly. however, now there are very many traders who avoid such things by having popular coins. without even doing extensive research, we know that such coins are safe enough to hold in the long run. because popular coins have the highest possibility.
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Well losing is part of being a trader no matter how good you are, even pro traders are experiencing such scenario so what more for newbies or an average traders. What important is how you deal with it by accepting the situation, its not the end of your trading career but it can be a stepping stone to be a better trader. Dont be discourage and lose hope, keep learning because those losses and mistakes you face can teach you a lesson of what should be avoided or do the next time you trade again.
many people quit trading because they were disappointed with the situation. many of them cannot read the situation and feel the loss. to be honest, I have also just been disadvantaged in trading, but I'm not too concerned about that because I only trade when I really want to do it. Well, it's just hard enough to encourage people who are disappointed with trading. |
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the cause of dumping by prize hunters is only 3-5% because the allocation given to prize hunters is around 1-5%, so I think it has a big effect on coins when dump, maybe because the bonus is too big given to investors so they sell it when it already exists profit.
Yeah, but people would rather break the bounty hunter than their own team. however, all of these ideas originated from his team, so they need to do something so the coins don't dump badly. however, we have realized this a long time ago, but because the dump moment always coincides with the distribution of bounties, the bounty hunter is the main actor in the dumping problem. |
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if it were me, then I would choose the 3 best coins today, namely bitcoin-ethereum-BNB. Well, I have a reason. the potential for a rise in bitcoin prices has not yet arisen. this is because I feel that every halving takes time to make the price of bitcoin go up. most likely, the increase could reach a price of $ 15k. however, this will affect other altcoin prices. In addition, ethereum will also conduct other developments, namely ETH 2.0. this makes the potential of ethereum quite the same as in 2018, and for BNB, the coin is currently very developing.
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as you said both coins have good prospects for long-term investment, but if I have to choose one of them I prefer ETH because some people think that ETH is the mother of all altcoins.
ethereum priority is above BNB. so, if we are told to choose between ethereum and BNB, then ETH will be the first choice. although I believe that many people hold this coin in the same amount. Personally, I hold ethereum in a greater amount than others, even for bitcoin. |
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This is the time to invest in altcoins because of the Covid-19 the whole world has gone penetrated to the home and work from home. So, the trading market is growing a little bit. That's why you would have seen that the Bitcoin and some other coins are growing with a increase volume. So, invest in some of the first runner altcoins to grab the short-term benefit.
They are working from home, but that doesn't mean they will invest in it. During this period I think most people would keep Fiat to spend on their lives, investing at this time is a bad idea. correct. the amount of time spent at home does not guarantee the best time to buy altcoin. keep looking for information about it. however, at present, we don't know what market conditions will be. it's just that, based on the halving that occurs, and the subsequent developments that will occur, there is a possibility the price will be higher. the decision to buy is yours. |
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Quitting doesn't mean that we are giving up but it was something to tell that ourselves that trading might not for us if we always suffering losses or we need time to find where we getting wrong. Because what it makes sense to continue trading if we keep losing all the time. We don't come into trading just having like this and just throwing our money but to make gain and become profitable. If we really don't understand what trading should be and find ourselves out from it, we better move on and leave trading rather than to keep losing.
Well, sometimes people who have lost trading need time to get back. however, stopping trading is not a sign that the person has left this business. I know some people who have returned after a long time not trading because of loss. however, they will keep coming back when they see a profit opportunity in the world of trading. |
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It's not about thinking, it's all about doing deep research, don't let your guide down because few scam projects are well protected, no sign of scam strategy but if you can do deep research you can uncover their secrets, some projects aren't scam but there use case is bad, you need to stay away from this projects too
conducting in-depth research is indeed very necessary in choosing a bounty. many bounties that currently really lead to scams. in fact, when it is offered, sometimes the concept or team has something in common with something else or tends to copypaste. conducting in-depth research will make us choose the project in a directional direction and make us confident enough. |
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id rather choose around 6 to 10 altcoins in my portfolio
rather than keeping the 21 of them
focus, and manage your risk when in long term hodling or while trading.
I myself only chose a maximum of 5, and now I want to focus on only 2 coins, namely bitcoin, and ethereum. I am pretty sure that there will be a time when there will be an increase in prices caused by the halving effect and also ethereum 2.0. if the increase is more than 50%, then it will be a very big benefit to the holders of both tokens. Well, I also recommend not holding more than 10 coins in your wallet. |
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the mistake you often make is the mistake I also make often. other than that, I am sometimes very doubtful of the decisions I make, and the most annoying moment is, when you buy a coin, the coin is dumped, and when you sell the token, the price will pump. Well, another mistake I'm impatient.
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Depending on allocation per bounty, even a small allocation could be profitable if it will attract more demand after its listed on exchange. Its very odd to find a gem project nowadays so we have to pick carefully the projects that we wanted to get involve into.
there are two that influence this, namely participants and allocation. if the allocation is rather large, surely the participants are not limited, especially if it is a promising project. to be honest, at this time it was quite difficult to find a bounty with a large allocation. although sometimes it's big, but sometimes the price doesn't match what we think. however, I can only support projects that I believe are worth and might be able to pay me worth. |
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First of all, don't ever invest on same coin again after you lose it. Wait until everything is stable and then you are free to do anything. Investing on same coins after lost just makes you greed and rage because you want to get your money back, it would be better to just invest on something else for better method.
I think it depends on the conditions. if it's a popular coin, it's OK to choose the coin again. however, I think you need a moment for that. besides, you need to realize that risks that make you ever disappointed can be repeated again. so, when you are ready to trade, you need to prepare the risk. however, overcoming defeat in trading is to choose coins that have more potential than the previous coins, but the risk is very large. |
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No matter what proportion knowledge we've about doing business it is not limited to learning new things to be updated For this we'd like to understand the updated information. If we wish we will now reassure traders that the costs of those currencies are rising within the crypto market Long-term investments are more profitable than short-term investments Long-term investment carries less risk but one has got to wait patiently.
they can indeed trade again at any time, and I think their knowledge if they have returned will be better. it's just that, before trading, you should prepare all the conditions that could occur. we don't know when we will benefit from trading. in fact, the first time I went back to trading, I got a loss. however, anyone can return at any time in trading. |
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Although bounty hunters are known as "Dumper", it is not really right to evaluate these people as such. Of course, it is possible that the price will decrease to a certain level with the sales transactions of these people, but these people are not responsible for many serious price decreases. In addition, if we think that the budget allocated by the projects for these campaigns is in the range of 5-8% compared to the circulating supply, we can understand that it is not possible to create the mentioned price drops with such a low amount.
even 8% is too much, sometimes the allocation is only up to 2% or even thereabouts. however, the first mistake will be the bounty hunter. Well, maybe because the moment is always right that the price reduction occurs when the bounty allocation has been distributed. this has always existed. |
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The reason for fleeing the trade is that they have no experience with the trade And greedily trades in all kinds of currencies without knowing it in order to make more profit. In that case the loss later and leaves the trade The currency does not verify well.
some people want to do trial and error because seeing trading is so easy. besides, seeing trading is really easy, even we can make theories about it. it's just that when entered in it, then there will be doubts, greed, and so on that, they don't think about. however, they sometimes leave because they think trading is not as easy as they think. |
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I don’t know, I can’t completely agree with you. Crypto market is one of the most dangerous places to invest.
It offers very good prospects, but they are not stable and involve extremely high risks that few people realize and few can afford such risks. 90% of people over the past 3 years have lost from 50% to 99% of their deposit.
I am sure they, like you, were thinking that the crypto market is a great alternative to other investment environments.
I might choose to hold it. however, small assets only make small profits in trading, and so do investments. you should gather your assets into lots, and decide what you will take. however, we must be careful in this matter, because after all, all decisions cannot be reset. |
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I thought today in this thread there will be more comments  The price has reached 10k two times - both bottom and top. In general, such a movement is very similar to a game against traders using margin trading. Apparently soon we should see a really big movement (I do not presume to predict in which direction). in fact, I think a little bit that the price of bitcoin won't last long above the current $ 10k price. maybe it takes time. well, yesterday, the price of bitcoin exceeded that price, and the price suddenly returned to the initial level. it seems like many people are targeting to sell their assets at that level. |
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Well it is enough for me an exchange that has low fees, no manual checking for withdrawing(it takes long to accept my request you know, sometimes hours I don't like it) and also with high volume, just keep promoting to gain users.
Low fee exchanges are the best, but I prefer popular markets like Binance. maybe we can see the potential trust and professionalism of exchange from how they deal with problems. no problem to pay a slightly more expensive fee, the most important is trust and security. |
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So far it's happening we can safely say that Bitcoin and altcoins price is improving even if we are in a pandemic, it;s surprising and encouraging to see that Bitcoin and altcoins has their turn in getting bullish, we only need a little time , when things improve we can get another all time high, I'm hoping next month Bitcoin will reach $10,000
Well, in general, an increase in the price of bitcoin will make the price of altcoin also be recovered. it's just that there are some conditions that only make bitcoin prices go up higher than altcoin prices. however, we can see the current situation, when the price of bitcoin rises, most of the prices of altcoin will rise together, or after that. |
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