Many crypto traders are ready to buy,but they don't know when the price will hit the bottom,so they could buy at the bottom level.
The thing about Bitcoin/crypto in general is that when the price goes down(for instance 30K),everyone is expecting a further crash to lower levels,almost nobody is expecting a fast recovery.The same thing applies to the bull runs.When the price reached 68K,everyone was expecting a new pump to 70-80K,rather than going back to 50,40 or even 30K USD.That's just the way human psychology works.
The sellers are selling,but most of the buyers are waiting.This leads to the price dropping.
Because that is what we mostly see, once started to decline, it dumps more. Some people had to think about recovering fast but they just fail. That is really how the trend goes on, can't just think all the way in positive, sometimes we think about the negative thing as well. It wasn't wrong anyway unless we are panic and sell our crypto during that time. Buy low, sell low Buy high, sell low This actually happens sometimes. |
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Dot is much newer than Bitcoin and Ethereum so I think it will take some time for more investment to come. However, since it has taken a strong position in the market, I am bullish about it in the long run. I think the price of the dot can easily cross $100.
Same here, however, the market seemed not bullish anymore and Polkadot is not exempted from the dump. The trend is going down and it's giving us an opportunity to accumulate. Currently the price is $21, I think it's cheap enough considering it has already been introduce to the investors and it gains a decent amount of volume, if it keeps dumping then the right strategy is to keep accumulating. |
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We all know how 2021 October went, we went from 30k to 68k, we are still way above 30k, which means that just one month like October 2021 would equal us to reach a lot higher prices. That is my hope for the year and hopefully it will happen.
But we are coming from a bear season that time, here, the bull season happened last year and it was able to stay long so I think the bear season might stay longer for the market to correct. We can always make our own basis because the bear season has also basis in the past and that's what is happening right now. Not saying I'm right though, the market is pretty much unpredictable, but I feel that the market will struggle for a while and we have to accept to make the right decision during the bear market. |
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The assumptions we make are just temporary, nothing is permanent. Tesla tends to buy bitcoins around $38,000, but it has crossed the $37k mark several times. Hope that makes sense. Big whales and institutions will not allow bitcoin prices to fall much further. Overall, the Bitcoin market has been a profitable investment, despite the fact holders lost money like crazy at downfall and almost went bankrupt. BTC will go green at some point.
Tesla might be buying that price but it doesn't mean the bleeding will stop, if the market will remain bearish this year, then most likely nothing will stop the dump because it will happen like we saw in the past. The trend is here, the bear market is here, we should see this and strategize on the right thing to do. |
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I Holded Doge for almost 6 months it doesn’t rise as much was expected,i shift to c98 it’s also on downfall ,cause the father of all the coins BTC is also in dip ,now i am on hold of the c98 and expecting for its Shine,i think luck matters alot in trading not only Good knowledge.
Now, you are asking for luck, not assurance and I hope it comes, but I don't think so. You are actually investing the wrong coins, you got fooled by a promising look during its hypes but now, these coins are becoming near to dead. I just hope you could make an exit plan, otherwise, you can never be lucky anymore. I suggest not to hold them but rather sell them and invest to Bitcoin or BNB. That it meant a wise choice in this current situation. |
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First you Get Rich, then you Buy Bitcoin.
Maybe, but we can't erase the possibility that investing Bitcoin will give you losses as well for some instances. maybe we have to forget about getting rich investing in Bitcoin, we don't need to put this into the mind of the people as this is not exactly what happens in real life. We can make a profit, that's it. In fact, I invest Bitcoin but look, I'd never become rich. Well, I guess, we better forget about getting rich. I know we still have the chance but that is only possible if we hold 1 full BTC, at least. |
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"Getting used to the market situation is the key to becoming a reliable trader. "
is that right? Or not?
What do you guys think?
It is getting right, but not all. What I mean is that we can make use of the situation to take advantage but this never means that we become a reliable trader, maybe it was just a good trader with a good strategy. We'll have the chance to become a good trader but that was too hard to become a reliable one. Ain't that easy... As for what I know about reliable traders are knowingly more than usual traders and they can make adjustments very fast. That is likely we can expect more on the gaining side than losing dollars. |
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Trading and gambling probably the risk are equaly same but the difference is gambling pure of luck but trading results are depend on our skill to predict the market and according to the article that his mistakes was always be all in during trading which this can lead him to huge loss and from it he lost everything to crypto but fortunately currently he was on rehabilitation to healing his addicted but he worried this will happend to other people
But the good thing about trading is we can make ourselves improve our strategy get the best results unlike in gambling that we just rely upon luck, nothing else. But what OP has stated was an addiction that causes losses, this becomes a common reason why people fail to reach their goals. I don't know how it feels like that as if you are still in your mind, you can actually control it. It is really hard to hear people lose everything in crypto but I think it was good in a way to help them realize that there is no easy moeny in crypto. Many just underestimate the market. |
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It is best of course to invest in top altcoins because investing in new altcoins can lead to the loss of all your investments,
Not at all, it is sometimes new altcoins are went profiting as well but you were still in the point that it was too risky investing in them and many of them are worthless. While this dip is still on its way, it gonna be our chance to ride on it and buy more. Buying potential altcoins are a great idea but of course, investing in hypes coins is good too as for short-term investment. maybe you could try investing Metaverse as well, that seems profiting. |
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I'm taking the Cavaliers @1.67, they're kind of hot and in pretty good shape as of late while the Bulls are on a losing streak. On top of that LaVine and Ball are out for the Bulls even if they have a solid record at home it's still gonna be tough when you're missing some key players. I'm avoiding the spread and stick with the moneyline since the Cavs winning margin on the road has been pretty close. Unfortunately, the Bulls avoiding a 5 game winning streak with a huge win against the Cavs 117-104. DeRozan do his usual 30 ppg, but it was Dosunmu with a huge 18 points and 8 assists to cover for Lavine's absence. I guess playing at home really help the Bulls to get another L right now, and maintain a slim lead on top of the East. Yes, it seems that the Bulls doesn't want to extend their losing streak at home. So even face with a tough opponent in Cavs, the manage to win with DeRozan taking over the team with the help from Vucevic, White and Dosunmu. He needed that because they are desperate for a win, they have a good start and they can't afford to struggle in the later part of the regular season. Without Lavine they still win, so it's a good win for them. Interesting games between the Lakers and Pacers, I got Pacers +1.5 at 1.94 live betting. Let's see how it goes.
Congrats, that's a win, Lakers struggle again and can't even win at home. Despite Lebron James stellar performance, they can't win because his buddy underperformed in this game. |
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^^ It was indeed good to see the Bulls stopping their 4 game losing streak. There are games in that 4 game that they could have won the game if now for late meltdown and defense mental lapses.
But not in this game, they go and focus on this game because they know that their top seed is on the line here. And then they have a good player who come up big in Dosunmu who has the most minutes by any Bulls and score 18 big points.
Without Lavine they won, congrats to the team and the players who lead the win, Vucevic had 24 while DeRozan had 30. At least now they are back to start winning again, I hope Lavine will be back soon so they'll have a complete and healthy lifestyle. |
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is this the same rumor happens in 2020 and 2021? actually even in 2019 so what is the difference from there to what we have now?what I wanna believe is that not unless that 2.0 version of ethereal will finally goes out? I will always try to distance from those rumor .
and also we have been waited for so long so what can we have this year?
I'd never expected much to whatever I've heard from ETH developers, in fact, they never show how much their concern in decreasing fess, they just let to rise. For the 3 years past, we have heard updates but look, there is nothing happening. I hope that Mr. Vitalik will not just turn his head but rather listen to us. We don't need an upgrade, we just need help the fees to get low, I guess that is very important. |
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Not really, if you're trading in bitcoin and you become to greedy, you can always just wait for things to go your way and wait it out that is unless the money that you've put in that trade is all the money that you've got and that you're relying on trading as your means of making a living. Greed most of the time can cause bankruptcy but it's not going to be always the case.
You've got it, right mate. There are many ways that could brings us into that very particular situation and being a greedy person is not enough to cause us bankruptcy, may this will also be a reason for becoming rich. And instead of OP pointing it out, he may consider that Trading is totally risky in the first place and even you are not greedy, you'd somehow lose just like the others. the case is that trading couldn't be in winning, couldn't be in success always, losing gonna happen as well even though we don't like it. |
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Golden State Warriors are going to play one of their most comfortable games tomorrow morning. Their competitor is Detroit Pistons and they are one of the worst teams in general. Warriors will have Curry and Thompson both in this game as it seems. Considering this fact, they will have a big opportunity to get an easy win unless they make simple mistakes. They lost to Timberwolves in their last game and they would want to make up for this bad loss in this one. I'm favoring Warriors and maybe I can add them to my betslip too.
This would be an easy game for GSW and a sure win for them. They can't afford to lose this one since KT is adjusting and getting some more minutes to get back his old self and the Detroit Pistons is perfect for that. As we know, they are losing some games due to their new rotations because they seem to adjust for the addition of KT in the court. Nevertheless, they already established some wins which will gonna secure their Playoffs spot. I can say it's easy because the Warriors are in a 20 points lead already. Curry and Thompson lead the team so far with some decent shooting, they'll get this one, and I'm sure it's a blowout win as there's no way the Pistons will be able to come back in the 2nd half. |
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Tough loss on the Jazz they did great in the third quarter but the Lakers fought back in the fourth. I don't like taking high spreads so i'm just gonna roll with the Timberwolves -3.5 @2.03, Knicks beat the Timberwolves in their last meeting but they're currently on a back to back. Not enough points for the wolves to cover the spread, they only won by 2 points and it was a close match I would say. I hope you also have your bet on the Warriors vs Pistons so you might have it even for the day. Good luck if you have, warriors currently is leading with double digit points. |
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Honestly the difference was the fact that Westbrook didn't take some of those stupid shots that he takes all the time. They are missing AD and I can understand why that could be a problem, and they are missing some other big names as well, like they literally played reaves 21 minutes, do you really think that is ideal for them? They are missing some key bench players along with AD and that is very bad for them.
However, they still have Westbrook and Lebron who should be good enough to not be this bad, westbrook still went 5/14 and that is not great at all but at the very least he just shot 4 threes and made one of them and that is good enough, I just hope he stops taking bad shots, as long as he misses good shots, they will eventually fall in and he will be good, sometimes you have bad days, even Curry has a bad month or two stretch now, but taking bad shots is inexcusable.
Taking bad shots without having the big men to clean up the mess, that's one thing the Lakers are missing, the 2nd chance basket. However, the Lakers did a good job in spreading their defense in the 4th quarter and efficiently scoring down the stretch. They were also got fired up because of Stanley Johnson's consecutive points. I guess the Lakers could still win even If Westbrook are taking bad shots and bad passes that lead into turnovers as long as they're playing tight defense. Especially in the 4th quarter. Westbrook only had 2 TO but the shooting was very bad, only 5-15. Well, that was his stats, and he was never a good shooter, he only have a good stats on scores because if his too many attempts, but since he is playing with the Lakers, he should be selective of his shots, maybe being aggressive and driving the ball inside will help him as that's a high percentage shot for him. I don't think he was given enough minutes to play as well, that's why he has just a couple of turnovers in this game. I think this time, they did spread the minutes amongst Monk, THT, WB and Bradley. Bradley even hit a crucial three's in the corner extending their lead. And then the Jazz letting Stanley have his rhythm and scoring when he wanted too. 27 minutes in that game, I think it's enough minutes for a starter, and it's good that they spread the minutes very well so the other players could also find their rhymth and contribute to the team. The thing is, even if Westbrook will play shorter or longer minutes, he will still struggle with this shooting but the confidence will remain. |
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Honestly the difference was the fact that Westbrook didn't take some of those stupid shots that he takes all the time. They are missing AD and I can understand why that could be a problem, and they are missing some other big names as well, like they literally played reaves 21 minutes, do you really think that is ideal for them? They are missing some key bench players along with AD and that is very bad for them.
However, they still have Westbrook and Lebron who should be good enough to not be this bad, westbrook still went 5/14 and that is not great at all but at the very least he just shot 4 threes and made one of them and that is good enough, I just hope he stops taking bad shots, as long as he misses good shots, they will eventually fall in and he will be good, sometimes you have bad days, even Curry has a bad month or two stretch now, but taking bad shots is inexcusable.
Taking bad shots without having the big men to clean up the mess, that's one thing the Lakers are missing, the 2nd chance basket. However, the Lakers did a good job in spreading their defense in the 4th quarter and efficiently scoring down the stretch. They were also got fired up because of Stanley Johnson's consecutive points. I guess the Lakers could still win even If Westbrook are taking bad shots and bad passes that lead into turnovers as long as they're playing tight defense. Especially in the 4th quarter. Westbrook only had 2 TO but the shooting was very bad, only 5-15. Well, that was his stats, and he was never a good shooter, he only have a good stats on scores because if his too many attempts, but since he is playing with the Lakers, he should be selective of his shots, maybe being aggressive and driving the ball inside will help him as that's a high percentage shot for him. |
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That actually find ridiculous but that is the reality.
Some people become hopeless and just ignore Bitcoin as they know that they can't afford to buy them. Maybe some just don't mind it for they got influenced by negative mindsets. it was to know that Bitcoin is only for the risk-takers which we could assume that not all are risk-takers as well. So, for those who are investing in Bitcoin now, they are too lucky as they have the experience and learning about crypto. This is not all about earning money, investing, but this is also driving for a better and very comfortable experience.
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El Salvador has legalised bitcoin and just for a thought I was evaluating that the country purchased btc in 30k range and after a few weeks purchased in 50k range and now it's dumping and again seems to touch 30/40 k range. Such a huge volatility means big players are manipulating bitcoin. So is that good for motivating other countries to make it legal tender as currency? The whales have deep roots in btc and it will always be a drawback for the organic growth of Bitcoin. And donot forget blockchain technology is known by bitcoin! Am I right?
They are in the participation of the market growth but we can't just blame them for everything that it happens in crypto. Maybe we could say that manipulations are seemed bulgar but I believe it can be changed somehow as people had already learned. I think it was the time to stop pointing whales for the drop, not anymore as the market is volatile and many factors that could affect it, not just because of manipulation. |
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Of course that's why most people are into trading, it is to make profit it's always a profit and it is what is on the mind of all traders but just because it is possible to earn doesn't mean that you are going to earn. There is still a chance and actually a high chance of losing trade rather than earning if you are not that careful.
But the truth is that trading can't be profit always, but yeah, some people made some while the others are in losses as well. This is how it works and this is the reason why some are about to fail and quit trading. And those who keep in trading until now or even in the future could prove that trading hard work for them and they will stay on that job. For what will be the reason of being trading if they are not in profit, right? That seems an odds, actually. |
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