In fact, the only way out is trading. You can constantly buy and sell them, so you can also make money.
I don't think trading is a way to protect our Bitcoin from volatility. The volatility is the nature of Bitcoin. Although we trade Bitcoin, we cannot avoid the fact the price is always fluctuating. In my opinion, there is no way to avoid the volatility, it is impossible. What we should do is finding a way to deal with the volatility. Buying when the Bitcoin price decreases, then sell the Bitcoin when it reaches our target in selling. It is a simple way to deal with volatility. - Indeed, sometimes trading multiple times with bitcoin, the fees and volatility also reduce our capital amazingly and we have inadvertently switched from protection to carelessness, however, there is also a similar way to this option is to go to USDT, this process will preserve capital and avoid asset volatility but we will no longer have bitcoin and I don't know if buying back will have the same amount of bitcoin or less or more. One day our bitcoin will leave its home and enter the market, the bird needs to fly to succeed, can't keep it in the cage forever |
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why do you need to be scared ? i am even happy to see btc go down because i can buy at low prices. any factor that causes btc to go down might help investors or traders to own bitcoin at a lower price. I see this as a moment for bitcoin to correct and rise in price significantly.
- Not as fun as you think when except for bitcoin, our wallet also contains a lot of altcoins and it's scary just looking and the altcoin report is falling, price slippage is happening more than 30% at least, Bitcoin is really clever at wooing such allies and the big trouble in the future is the delay in recovery, many allies abandoned for several years and fear ingrained in my feelings. What's more obnoxious is that bitcoin is still jumping around after such times, fortunately we have the capital to buy more but unfortunately the capital is too little when pushing too much into altcoins |
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As per my experience, the person who is holding the long term will always get higher benefits compared to a person who is holding in the short term. For long term holders, we should always invest wisely by checking the right coin for investment and we should choose development based coins,
- I don't think so, short-term holding as a strong way of surfing in the market, their profit level has not been low from the beginning as long as they have a good project, besides such variety, they have good compounding interest rates and a good rate of return on each project that can be tripled which is a very popular expectation. While long-term holding is unlikely to yield ten times the return, short-term holding is possible, the long term is just a way of looking at the safety factor when restricting options will limit volatility |
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I never think to stop trading, I am not the loser who gives up easily. If I did a mistake in trading and I lost some money, I think it is normal and should be considered a valuable experience. So, in the future, we won't do the same mistake. But of course, I won't focus on trading only, I also invest in some top coins and plan for the long term. I also don't quit my job in real life, so trading is only a part of my daily business and I don't depend on trading only for my monthly income. In this way, I have no reason to quit, just enjoy trading if I have time to do it.
- Many people will take a strong stance on the transaction and have a settlement mode without thinking of giving up, but there are also many people who are shaken in their stance, they are not people who lack success in trading or in real life, they have not even suffered a big loss but their feeling with trading is that it's a terrible and poorly prepared cake, they get tired of munching on it every day. If they still can't find inspiration, even better trading, they will quit as their way of taking off the burden. |
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seems like all coins can be at risk of scam, but for the largest volume coin I think it's impossible and also tether is backed up by 1:1 dollar and has been around for a long time compared to other stable coins.
- The purpose of Tether and its founding company is to optimally support crypto users, more precisely, they know bitcoin and altcoins will always go together and sometimes the price drops very badly, to improve and not lose in such times, Tether is an initiative to offset and increase trust in crypto. The user's benefit will be sheltered, the benefit of Tether is the cost, just calculate the volume of circulation, Tether's market is really stable, the exchange rate will be very difficult to get wrong due to very strict demand and management. |
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The first thing you are told to decide when you are going to jump into trading the bitcoin market is your attitude when it comes to investing. Do you want to make money fast? Do you think that bitcoin is the future and holding it long term is the best option? By understanding your investment period, you can find out which trading strategy is more suitable for your needs. If you're someone who thinks bitcoin could be worth millions someday, then you're probably going to stick with a long-term strategy. If you only intend to profit from bitcoin price movements, this is very suitable if you use a short-term strategy.
In my experience, I think this depends on each other's perception because it is possible for some people to use a trading strategy, both for daily trading and for scalping, but I think if you look at it from the side of long-term investors, it doesn't really matter because Indeed, what I see from long-term investors is that they don't really care about temporary corrections and don't really care about increases and decreases in the daily timeframe, they only focus on long-term prospects that are indeed their target, whether it's 5 years or 10 years. they are just aiming there not caring about the ups and downs because they believe the long term is very good. - Somewhat selfish and personal bigotry, athough I know each person's wishes are more important than personal selfish desires but human personality is governed by our inner surge and it doesn't help us in crypto trading, refine each ratio and adjust each strategy but a little surge inside ruined it all. While on the investor side are just the most ordinary gestures of a person, not elaborate and flowery about the plan, just quiet to go to the end of the horizon, so I think this horizon is something better than the rhetoric of trading |
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what do you mean by legalized? Is it legal to replace existing fiat currency or is it legal to make transactions with Bitcoin?
for now I see there are countries that prohibit Crypto and there are also countries that allow it, there are even companies that pay incentives for their workers with Crypto. hopefully Bitcoin or other digital currency will be the payment method for the future
Bitcoin does have the potential to become a legal payment method in the future, because bitcoin technology can help make it easier for people to make transactions, but I'm not saying that bitcoin will be legalized by all governments in their country because many of them are very worried, that bitcoin can interfere national financial stability system. - Besides worrying about the level of financial intervention as well as the management system, we should also redefine the benefits, except for personal goals, very rarely do I feel bitcoin can meet the community criteria because from a payments stance, the community chooses their country's tradition, instead of innovating with bitcoin, they choose bitcoin as just a volatile battleground, take away the legacy of those who died on the battlefield. A place to make money full of sin, greed and the government not sure it should be made public |
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I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.
slightly different from me, during this decline I got a little profit from trading, but indeed my investment assets also decreased in value. from trading activities we can take advantage of the bounced price to make a profit, but it's not much and the capital I use is also only a small part, because my biggest capital is placed in long-term investments - Well, the criteria of today's traders and investors have merged and become a flexible shape to adapt to the market, so a large part of the capital has been asleep in the assets estimated for the future, what is left is small portions of capital, many people also choose to let their entire capital fall asleep and in such a situation, people who are active as day traders are probably quite rare and even if they are active, only a few people make good use of it, most of them are in a recreational state. |
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I don't think that governments will ever prohibit new cryptocurrencies from being developed. I don't see cryptocurrencies as a threat for fiat currencies. They have completely different systems and their goals are also different for people. Rather than these cryptocurrencies, the biggest threat for fiat currencies will be the digital currencies which are developed by governments. Because in the future, they will start replacing fiat currencies one by one.
- Well, asmall peninsula like crypto can't yet threaten large swathes of land like government and fiat but if we want to go with the natural, ignoring the development of crypto is impossible for the government because the minerals in this small peninsula are mined by many people and this behavior is not safe, people here sometimes bring some pain and spread to others in the community. The developer is a place to experiment and create new minerals, the experiment will have consequences on users is what the government is worried about |
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It was a natural disaster. Just like earthquakes. It is all technical analysis. Markets go up, markets go down. Sometimes they make corrections. I believe yesterday was a correction. The fundamentals are still strong. Now El Salvador has adopted bitcoin fully, I'd say there is no reason to afraid of pretty much anything.
Haha, I would never have thought to use the term natural disaster but I think I call this natural weather. 10% drops in crypto is like regular and normal occurrence for me, not disasters, and for sure not disaster for everyone. But maybe you have a point since all over the world people live with natural disasters like regular thing, so crypto market people should also regard these corrections in the same way. - Disaster is just a hidden description to show how scary the problem is, newbies will probably have a surprised and motionless expression at the active volcano while people who have lived with this area as we are are only a phenomenon that is seen every month or every year, many people have seen even more terrifying times like this. But the disaster in life comes from nature while the disaster here does not manifest such nature, the increase and decrease is caused by human needs. |
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I am curious for what could be the reasons why Solana pumped hard a few days ago?
If you take a look, in just 14 days, Solana is up 100+%, 7 days is 77% as of now.
I own a small amount of Solana and already tried this network. But yeah, I am curious what could be the reasons for these pumps?
solana had a rise it was the right time. because solana network is getting more and more popular in the future and now solana has a strong community. solana network has advantages over other networks such as BSC or ETH. that's why solana gets pumped easily now - This new giant Solana is really more technologically modified but the brand is a symbol of the value and trust of the users, so even if Solana is a bit better than eth or bsc, it also did not become the subject of the crowd as it is now when eth and bsc are considered genuine brands, Solana is just a small brand. But the advantage of smallness is perfect fundraising, this ecosystem integrates and supports downline projects, gaining satisfaction and trust from the creators and a strong increase is also a possible |
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This has been something I have found difficult to decide on . When this bill run ends in a couple of months time should I sell all my VET and XRP then buy back in when the market turns bearish until the next bullrun?
Or do I only sell a portion of what I have and hold the rest for another 4 years. Reason I am asking is could XRP and VET continue to rise once the bull run ends ? I obviously don’t want to sell all my tokens to find they are continuing to rise in a bear market
What are your thoughts ?
This month is not a good time to sell VET and XRP, you need to save coins in recent months, currently both coins are not normal in the market, even for their current selling price they are not in your favor at all. XRP and VET have a bright future, but both are not in good shape at the moment in the market, even for altcoins they both have more opportunities than other coins in the coming year, you need to be patient and wait for that moment to come, instead of wasting coins that you have. - Both of these projects are probably out of harmony with this year's bull market where the list of extreme growth doesn't have their names and besides, XRP members can say that the score will be extremely bad this year as the latest information about them has not been revealed, it is extremely likely that the SEC and they are still having discussions and investigations. If our buying is not in negative value, maybe try to think about selling a part because their quintessence and physical strength are not much, it's hard to raise an uprising flag |
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In my opinion, weak nerves are primary reason behind panic sell. If you cant see market in red then trading (crypto, forex, equityetc ) is not for you. Even during panic sell, there are equal no of people who are buying coins at lower price (somebody selling means somebody buying). BTC recently collapsed to 32k$ before reverting back to 50k$. There are buyers who bought BTC at 32k$, when everyone was selling in panic.
- It's really weak nerves and comes from the individual's subconscious or it's empty argument and looking for a disease to argue avoid from the sin of weak knowledge, realistically speaking, the reasoning behind is probably more accurate because a weak nerve may have prevented our investment from the moment of thought but this is clearly the rush to get in and get a bad ending. The patchwork and hasty assignment of dozens of knowledge has divided many people's hearts, panic and mistakes |
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Bitcoin price is now so much volatile. Bitcoin price is now $45.5k. In cryptocurrency no one can surely predict on them. But by doing some research about the market and the price increasing, decreasing chart some expert people can predict. And most of the time their prediction may come true. By seeing the past 2/3 months price chart we can say it easily that Bitcoin price will increase and it will hit $48k soon and can hit $50k+.
- And also by the charts and the ease with which you speak, these days we have been defeated, experts are sometimes just a little more stubborn than the average person, but with a few tricks to fake what they can read, the experts are sheep and become a propaganda effect so that others also become stray sheep. The sheep stray into the endless gloomy forest but everyone thinks this is a garden in the clouds and a wishful lawn, quite funny, basically we don't know the script and the author can also overturn last minute hope |
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I think renewable energy is just a temporary solution to get rid of fossil energy and nuclear power. Humans will have to find a new form of energy to serve humanity to develop to a higher and more sustainable level. We are hoping for scientific and technical achievements.
- Maybe it's just a way to deal with the temporary dangers of energy sources for the future but as a best way, it seems to be recognized as our future because the scientific world has been pursuing for many years in the research of other energy sources that can replace and serve humanity, the result is still that depletion will be a problem that happens over time. Therefore, renewables are almost hitting the nature of the weak points of energy sources, renewables are also simpler when there are quite a lot of impurities and wastes that can be used as fuel. |
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Every investment is a coin of trust.
Every investment should be clear.
We are responsible for our money.
To invest in new projects, you must understand the basic information in detail, and don't trust others completely.
Instead of being wary of other people's words for new projects, focus on old coins that are already popular, instead of having to spend more time on new projects whose potential is still in doubt so you don't have full confidence in them. - Unfortunately, although many people are still in the middle of selling doubt about investment opportunities of new projects, they still choose to follow that doubt more, as daily life mentioned, curiosity is always the most powerful weapon that can counter-react and cancel our mood, instinct will tell of doubt that there is always a reason even if it cannot be expressed in ordinary words. Investors by experience, their hunch is almost valid and accurate with projects but living by hunch is not better than living by looking directly at problems as well as good projects |
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If I have a significant amount of bitcoin to save for a long-term holding, it would be great to have a hardware wallet for safety.
Some devices are affordable but should be taken seriously, we don't know what these random online sellers are selling.
It's great for security as our assets are not readily available to liquidate, making them safe from hackers.
- Online sellers can install spyware, it is better to buy from reputable brands so that when there are such problems, the law will be the best solution, and although we will not directly face the risk of hackers and the vices of addiction to trading leverage but our selves are a weapon that can particularly damage hardware wallets when essentially recovery phrases and codes are sometimes easy to lose and forget. Optimization is still the concept of dividing assets everywhere to control |
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I must say that it was no the best time for El Salvador to buy these 200 BTC. I am somehow sure that they have bought it for a much higher price than Bitcoin cost on September 8 2021. And after seeing such price decline, peoples believe in Bitcoin might be wrong.
And the number of 200 BTC seems small to me, in comparison to a whole country. Only 200 BTC, that is just a 10-15min trading volume on Binance exchange for example.
Nope, every time is the best time to buy bitcoin, I mean they can't do a waiting game, it's already expensive to buy one so risking it to go up again would be the wrong thing to do. Better to get in when you have nothing rather than waiting when you have nothing. I say that their decision to buy now is a good decision plus it's probably a long-term investment so it's not a problem that they're buying right now. - Understood, you mean that early possession of bitcoin at this price, the price that people think is high will sometimes be the bottom price in the future, besides, El Salvador is in need of some bitcoins to arrange bidding activities as well as to organize the legitimacy of bitcoin, 200 bitcoin is almost a necessary cost to store and spend, cannot use cash when they have configured bitcoin as a main circulation currency in this strategy. The source of bitcoin is quite urgent for them, maybe they will continue to buy no matter what bitcoin price, hopefully this propaganda is supported by multinational corporations as well as other countries |
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DEFI is just a financial solution and it will not be able to replace the banking system the way people expect Bitcoin.
People will need safety, security, and certainty about their money. If DEFI projects really meet the needs of the people, it will certainly be the choice of everyone in the future. It's too early to conclude anything.
- Agreed, Defi is just another name for crypto generations and as comparison sessions between crypto and banks, very few people can believe that Defi and crypto can beat the tradition that comes from the government because the needs of the future bank are still more adaptive as their staff and services will be at the center to answer most of the failed transactions while Defi or crypto only have one-way interaction, sometimes asking and not answering. The supremacy of a generation of bankers fully authorized and guaranteed by the government, Defi in the end is just a roadside stone and doesn't have much future meaning |
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