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You should think about yourself that in which situations you will be able to take profit. Sometimes profit depends on the interest of individuals that in which way he shoes his interests. First of all it is important to take care of your family so whenever you feel that now you have some extra amount which you don't have need to be use for the welfare of your family so that amount you can easily utilize for your investment purpose. I think everyone should have their own planning according to which he should take a step so by following this planning going towards success is not a hard task.
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It is a mistake to consider trading as a sole source of income, and the risk of this error increases if the person supports his family or has to fulfill some payments such as the costs of a loan, a house, a car, or any financial activity related to a certain time, such as electricity bills and rent.
Trading can be considered an additional source of income if you can bear the risks resulting from it, and it is easy for you to lose that money, but you are ambitious and plan to make the most of that money and multiply it.
Here, trading will be acceptable, but with a rewarding financial return, due to the ease of controlling your emotions and not needing money with time restrictions. Right because if you consider trading as a sole way of earning so if you sometimes don't succeed to earn then you will not have any other option to get money to manage expenses. If a person has a salary but not enough then trading is a good way because if unfortunately you don't win there will already be a choice of your salary which will then be satiable for life expenses. controlling of emotions is also very important so be patience with your saving otherwise it will be risky for you. |
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buying high amount in one coin is always bad strategy, we should not invest all in one coin as It's possible for every token to failed just like Luna, Ftx. We should buy atleast five coins and Btc, Ethereum and bnb must be included in it because these three are considered safe and high demanded coins. although if i restricted to buy one then BNB will me my first choice.
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Some times trading is good and some times holding is good.When market fall or get crash then have to invest on top coin or token for long time. I believe it will be profitable and will give good return. Such as i bought some token and coin in deep and i will hold it for long time. I will wait for bull market. Some times trading give profit but i think holding is best. Because i am huge profited fron long time investment. actually both are beneficial but it depends mostly on the desire of a person that in which thing he is good, sometimes people earn large sum of money with trading and sometimes people who hold for longer time become unable to earn due to lack of understanding and patience. Holding is better but not for those who cannot wait more for the better results and also for those who don't have an extra amount of money for saving but use money of daily uses. |
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There is no guarantee that you will surely make 100$ by using 10$ because crypto is volatile if there is a chance of getting profit so there is also a chance of losing it too so we should keep in mind both of these things. In a case if someone win by putting money into certain good coin then just use your profit for further achievement but don't put profit plus own money as it will be completely risky. Taking loan in my opinion is not a suitable choice for enhancing money but its something more risky than using your own money.
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Len ji one more achievement puri hony wali hai. Hmary Thread ky 700 pages mukamal hony waly hen. So advance my congratulations tmam community members ko. Meri iss post ky bad jo bhi next post hogi iss thread par wo 700th page ki first post ho gi. So Congratulations to all.  Ye tho kaafi achi bath hai aur eski taraf tho mera dhiyan hee nahe gia tha. hamare number of posts tho kuch improve ho rahe hai magar masla active members ka hai jo k mai ek years se dekh raha hoo k improve nahe ho raha. Chalo hum chalte jaege chahe kichwe ki chal he q na ho aur at the last manzil mil jaegee.
LTC halving kaafi qareeb aa chuka hai aur abe haal he mai kuch price mai positive movement dikhne ko mila ha. kia kehte hai ap es baare mai k price yaha se up ja saktee ha? market condition thori ache nahe lag rahe jis ki waja se acha pump dikhne ko nahe mila magar agar market en 2 months mai bullish huwe tho acha profit de sakta hai. |
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Overconfidence: Success in a few trades can lead to overconfidence, where traders start believing they have superior skills or abilities to consistently make profitable trades.
This overestimation can lead to taking on higher risks or neglecting proper analysis and risk management.
Yes exactly if a person regularly wins so they loss their fear of losing so in this way they try to put whole money which sometimes becomes risky for him so I think that whenever a person achieve the desire success so don't change your rules always put less money and if you have certain amount of profit then take the profit and remaining amount will be better for you to keep for longer time also don't be excited for your success because excitation is also a type of emotions which should be kept in control. |
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There is no guarantee that you will surely make 100$ by using 10$ because crypto is volatile if there is a chance of getting profit so there is also a chance of lossing it too so we should keep in mind both of these things. In a case if someone win by putting money into certain good coin then just use your profit for further achievement but don't put profit plus own money as it will be completely risky. Taking laon in my opinion is not a suitable choice for enhancing money but its something more risky than using your own money.
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The best strategy is to wait for btc correction which will force many over confidence buyers to sell some coins and almost all altcoins will be down. now this is best opportunity to take entry but not use all fund because another btc down will drop altcoins more. I am just trading in gainers for 5 Minute trade which is high risky and i will not recommend to any one but i think buying any coin in Fomo is worst buying because if it's price down from here then tou have to wait long for it's price to be rise back to this stage
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Blur made a very good start and secret of their success is giving benefits to community. They gives theirs community a huge airdrop who traded NFT on their platform. Their gas fee is also low as compared to opensea. I think in short term No NFT marketplace can overtake Opensea as number of users are high there. In future if they make some big partnerships then maybe happen.
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but in reality there are so many people who sell when the price drops, even though they have to take the risk of loss. Those people who sell bitcoin when the price is low will have some percentage of benefit because no one wants to lose their money so when they buy the Bitcoin may be at that time the price was lower than the price of selling so we don't know about the other person that why he does so. Also individuals that sell at lower prices may have not enough knowledge of holding or maybe they are afraid of Losing more money than this. It is necessary to hold your bitcoin for at least 5 to 6 years after that if in bull run you want to sell it then it will be profitable for you. |
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When I wake up in the morning, I first clean the house, prepare to bathe my son, then prepare something for lunch, then water my plants in the garden.
After my son and I had lunch time, we had some food, fed my dog, and around 1pm or 2pm that's when I could start opening my desktop to do trading activity. And check what happened during the night that we slept. It's appreciated that with the activities of home you also have the ability to earn passive money. There are lots of female who just concentrate on the activities of home but they cannot give much time to their job. So the schedule which you mentioned is very simple and important to follow. I think if a person cannot give 24 hours to trading then at least 5 to 6 hours are necessary to conduct your job because giving little time to trading will be dangerous because price movement occurs very quickly so for successful results one should must follow his schedule. |
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Its up to you that how much amount you can invest in any coin no one can tell you exact value because some people will use more and one cannot afford that amount so always choose that amount which is easy for you to invest. I think investment on daily basis is not affordable for everyone because sometime a person have no such amount to fulfil their needs so it will be affordable of invest little or more but at a single time.
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bitcoin holders will never be disappointed because After recovery it will rise again so people will disappointed only if the price goes to zero and surely it will never happens and as you are asking about the month of May so April was a good month but unfortunately the month of May few days which passed are a little bit lower. We don't know that will there be good news for investor or not but one thing is sure that it will rise again in present or next month.
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Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
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Negative experiences when trading will give you more increased abilities than before. From the pragmatic point of view you mean, learning from other people's mistakes would be a good suggestion and you don't have to make mistakes yourself. many other people's experiences in this forum can be a lesson so you don't experience the same mistake.
But some beginners only focus on what they learn in front of them, not seeing how other people go through some of these mistakes so they can apply it to themselves.
At first, I also did the same thing as a beginner in general, but after doing some research, mistakes made by other people can be a warning not to make the same mistake and get through it. It is true that by seeing the mistakes of others people can avoid their own mistakes but copying completely the other person is not a good thing because some strategy will be better for him but not for you. I think realizing the mistakes of others is beneficial but after realizing just focus that will it be better for you or not because strategies sometimes differ with different coins and different situations. In beginning mistakes will happen but you have to overcome that mistakes with the passage of time so as the time passes you will be a successful trader one day. |
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Nobody is born with the knowledge about anything so learning is must now its up to you that how you learned which way you choose to get knowledge. I didn't take help from any tutor but instead I heard about it from the people around me and then visualized the fact by watching YouTube videos. There is nothing impossible if a person wants to do so and try to get what he desires. There is no any way that is successful ever so sometimes in life you will loss this doesn't mean that you are lesser but this act as a step leading to the future that will be prosperous.
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deposit money in bank as well as gold both are beneficial and both have some sort of risks so if you want to be successful you should avoid the risk because there is no any field of saving money which has zero percent risk. Although the risk with gold is not such high because I have experienced that gold never make its investor unhappy and hopeless because when I was 14 years old that time the price of gold was 20k something but now as numerous years passed so we can see that it does not come back to 20k but instead it goes higher and higher so just choose gold instead of saving money in bank.
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Education is needed to known well about anything and in my opinion without education a person is blind he cannot get the things easily. A person can get financial stability without education but if education and experience both are used in some field of life then success rate of such job will increases. I think educations should be compulsory because there are few jobs which does not have any requirements of degrees but not all the individuals are involved in that so if you have degrees you can do any job without any problem.
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