This is always the problem of many people, we don't know when to sell and when to buy, there are a lot of people who lose the chance because of having uncontrolled emotion, you have sold your bitcoin at an early bull run and it is really regretful seeing that it keeps on going up. One of my investment strategies is simply investing in any blockchain game, I find it profitable especially if you will spend a lot of time grinding the game. I am also looking for a new token for investment, just careful with this one because there are so many scam token that you can have, you should make a good research first before investing in a new token.
- We don't exactly know the perfect timing for our plans, some will come too soon and some will come too late, obviously we could be more profitable but suddenly we give up too soon, these mistakes will never be missing when no one can choose the prices close to the market, it is important that we know how to narrow it down with other strategies. For your brooding and engagement, the new project is a multifaceted cube that is very difficult to solve, many people are quite interested in joining here but the investor rejection rate is too high |
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The big question here is what coin did you bought with your money, if you ride on the shitcoins then it will be the end of it, but if you bought coins let's say the top 20 coins, my suggestion is not to sell it, it will recover, keeping your coin is what you need to do, and wait for the reversal trend up, most people sold their token if the price drop, I think this is applicable to shitcoins, but those who have a use case, there is a high chance that if your coin goes down, it will rally back.
- When shitcoins fall into a bearish process, the counter-trend is extremely weak and most of the time, they won't have a strong or rigid resistance level, the players are very weak and shy here and a stop loss action should be the solution, Shiba coin is a similar form and many people's accounts have been transformed and disfigured with this shitcoin investment plan. Altcoin top has many choices with different solutions, wait for a reversal as you say or combine buying more to create average prices, very soon our money will turn positive |
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influence to start and launch his own coin to the market?
If Elon Musk releases his own coin, there will definitely be many who support him because his popularity will definitely increase the value of his own coin. and surely the maintenance will be very well maintained and the community will trust it more. - You should know that his popularity in the crypto market started from what problems and understand such reasons, his products probably only have community and spiritual values, usefulness won't be too high, we choose to join him is similar to participating in doge, it will have a certain fun but continue to dive into the game like that, the risk will appear with a lack of seriousness. But perhaps launching such a product was also difficult for him, time and his company management did not allow him to have more opportunities, it will be overwhelming and he will lack rest |
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both are useful and people in all walks of life use them, fiat are what people known as mode of payment, transaction and among other but there introduce another and new way of money which is cryptocurrency and it has advantageous to growing economic countries it made all their way of communicating, transaction, payment and bills and other easier and convenient. no hassle and it elevate their way of life too.
Yes, I completely agree with your opinion but talking about cryptocurrency as a new payment method, it seems like only a few countries are ready for that, but I also believe that with the development of the times it is possible that it will become a new payment method or transaction for the whole world, because cryptocurrency provides great benefits of course - Only a few countries are ready for crypto to enter their market but the features of crypto are not feasible and not as optimal as banking systems, that's also why crypto adoption has been stagnating in countries for years. People still think fiat is more reasonable for payment given its reputation, crypto is just an underground form of payment by some institutions, apparently many countries have looked into and investigated crypto issues, the crypto world contains a lot of darkness and is only suitable for investment |
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Agree with this point. In the future, ethereum will be more beneficial than bitcoin, especially ETH has a good CEO Vitalik.
In the next few years bitcoin will be outdated because many other coins can provide more benefits than bitcoin.
- The obsolescence from bitcoin is a factor that we talk about a lot when other technologies are becoming superior and have greater strengths but what is surprising is that despite such obsolescence, bitcoin remains an integral part of crypto. In addition, what many people think is outdated always seems to set up an isolation zone, altcoins cannot encroach on the lands that bitcoin owns, ethereum has also attacked the land of bitcoin for many years but it still has no chance to step in here, maybe the future will not be touched |
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Most of the newbies and beginners would say that it is gonna be the end of Bitcoin if it crashes. They don’t see any positive side of the bear crash or so, as they are not yet matured on how the market works. Of course, it is unpredictable but Bitcoin will never collapse ever. Either it’s an opportunity to panic or to buy at a discounted price.
- Although the crypto market has had a pretty heavy capital pullback but a large part of the capitalization is still stored, even going into waiting mode to enter the market again, and with such factors, negative attitude really is not necessary, Bitcoin is cherishing and waiting for an opportunity to counterattack, it's clear that those who have grown up and survived on the script always know this and they always choose to stay. Another journey will begin, this moment is waiting for everyone to step in the right ranks, fear or brave. |
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I still support XRP and my prediction the price will surpass the ATH in 2017. XRP lawsuit by the SEC at the moment will does not effect to their development of technology and they will keep expand to others country and has partnership with more big company. Community of XRP will become stronger. My personal prediction the price will hit $10 in the end of this year.
- Such huge personal ambitions are very likely to be broken because your adoration of ripple will be betrayed by it, Ripple in crypto history still hasn't been able to cross the $5 milestone, so $10 is already a symptom of too much delusion. I will be neutral on the value and background of Ripple, it can still be one of the investment options but we will continue to get involved in lawsuits and other information, manipulation has never stopped at Ripple in such a way |
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The market doesn't look great at all because of the bad news circulating all over the world and the recent was china banning mining bitcoin and financial payments using cryptocurrency, also Tesla announcing that they will no longer accept Bitcoin as a payment on purchasing their cars. About the indicators I used, its MACD, EMA (50), and RSI, that's all I use because I find it very simple yet effective to use. I'm also studying about FIBO to add in my indicators in trading because it's pretty interesting.
- Yes, the mining factories in China are starting to shut down and a rather sad result for the market is a relatively bloody farewell party but the next information that we should update is that these factories are setting up a new system in the US, maybe this will be a new hope. Elon Musk is also hinting at bitcoin again, the next market is probably going to be very interesting |
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CZ really wants his a blue-eyed boy to usurp the throne of ETH. I think BNB will increase accelerate in the future. Market has decrease significantly, If you intend to buy BNB this is the right time. I believe BNB will soon reach 1000$ or higher. that's what CZ really wants.
- BNB may be a precious and valuable stone in the future but to be as successful as its predecessors like Ethereum will not be an easy thing, it is clear that after a period of racing to gain some hope in the struggle, BNB was no longer able to hold the expected highs and was repeatedly ruined by multiple lows. While the next competition is almost starting, we will have more discounts at the time of ethereum 2.0 launch, no need to rush to buy more BNB |
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Now is the best time to buy Bitcoin. Be sure of that.
- Not sure if you see bitcoin indicators in the market or not, we seem to have been involved in a heavy event coming from china and being disrupted by Tesla, a huge selling force that is always waiting for the price of bitcoin to go up and then finish it. The recent minor rallies are considered by many to be the last waves of the bull market, we will most likely experience a long-term decline and buying is not recommended. |
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1 week of market correction and many people are already panicking and saying it is the end of bull run. We increased a lot since the beginning of the year and these corrections should be expected. Many didn't expect that crypto market will soar very fast and some people miss the train so some of them especially from China spread fuds few days ago to bring the market down so they can buy and accumulate in a very low price. Mass adoption is slowly happening and institutions just continue to accumulate so I think it is not bear yet. I can't say how low will be the bottom this year but I'm confident that it won't go below $20k anymore.
- I just wanted to warn you that we've got too much confidence in stories that can't happen here but from one event to the next, the myth always seems to be broken, when we feel we are out of the bear market and there will not be another bad price, another loop will be triggered, price will react with other bad stories. This bear is getting too strong for the bulls, we can no longer determine its movement speed |
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...
there is no way the Altcoin market remains strong when the Bitcoin price shrinks... the price of most Altcoins is still dependent on the price of Bitcoin, look at this time what happens to the market when the price of Bitcoin goes down. And regarding meme coins like Shiba, Akira, and others, I don't think the lifespan will be long. - The charts of most altcoins are showing very similar to the chart of bitcoin, quite confident that bitcoin is still the most powerful man in the crypto market, his headache can also make others bleed, instead of saying that altcoins are still strong at the moment, we should say that it is very sick, only a few altcoins are alive but quite exceptional and many signs of illness. Meme coins are really the ones who carry the most serious diseases when the severity of the disease depends on the size of the crowd and maybe the crowd is pretty much stuck on this new form |
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Who cares if Tesla accept dogecoin or not, it won't still change it from being a meme coin, Elon is just trying to make dogecoin relevant by any means, he thinks by doing this he will make dogecoin valuable and change the view of people about dogecoin being a meme and shitcoin, a great utility for dogecoin indeed  - You are not interested but many dogecoin holders are very ambitious about this, it's not a sublimation point for this technology to take another step, it's a stepping stone for value advancement, this information is so meaningful about such value but Tesla is just giving out a small interview with the community, they seem to be waiting for the results of this survey. Many people here are also eagerly waiting for Tesla's changes, some unreasonable changes will also affect existing values and opportunities |
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Then thank the Gods for panic sellers because they make people like me get more profit from hodling for the long-term. I don't get how they are easily panicking over a news that never should get this big but there they are running with their tails in front. You should rejoice as the market is giving you more opportunity to invest as the market is below $43k after a very long time and i would like to know what will be your entry point. I am of the belief that i am not too confident in investing at this price until the market settles down and there is no way i could predict when these institutional investors will dump their coins. there is no happiness in today's market conditions, investing today in bitcoin is foolish. The price of bitcoin is still at its peak and has great potential to fall deeply when big investors dump their bitcoins onto the market. buy when bitcoin price is below $ 20k  - At the moment that we are talking, the peak of bitcoin has been cut very thin by my calculations and the potential for it to go deeper is quite low as a couple of support points are helping bitcoin bounce back quite well, sometimes it is only temporary and can facilitate another selling. But we can still identify this could be an opportunity to buy bitcoin again, price already with resistance will be less dangerous than price going down in a straight line, the price you hope bitcoin will go to is probably too deep and that will cause you to overlook more reasonable prices |
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Of course this isn't the first time bitcoin experience such situations wherein only greedy ppl will immediately dump because of that tweet or some sort of fuds around the internet not those smart hodler.. Actually this have been tested and only greedy ppl missed the real opportunity to make a massive profits because its the way how bitcoin bump after the dip. They don't know about that probably?
Even if this is not the first time the bitcoin experience, many people still panic and sell their bitcoin. Maybe they forget that it happens temporarily and not for a long time, but they see much negative news spread on social media, which makes them worry. The news on social media is different than before, so people who do not have much experience and knowledge will confuse and afraid if their investment does not work. So they decide to sell their coins without thinking much about the recovery of the market. - A history book with brief lines of market crash and return published every year with bitcoin is not a thing to be forgotten but the figures are inconsistent and that gives a different experience of panic, more precisely, people are still not able to adapt in time to this new collapse, communication is also strong in causing pressure and this is the result we get, the liquidation and evaporation a huge capital. Psychology is the weakest thing that people show outside, not for the first time but this ghost still affects decisions. |
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I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
My worst mistake is that I never do holding for a long time i was a panic seller and i am afraid to gamble my time and capital in crypto. But from now on I learned from my mistakes and i am slowly changing my strategy and i am not afraid because I've experience a lot, learning crypto is really hard because it involves capital and time. Just keep going and never stop and when you have learned a lot earnings will follow. - According to what you said, your strategy has changed and long holding is becoming a priority because in the past, you were impatient with holding and failed but you're thinking about right and fix your mistakes or you are misinterpreting the cause of past failure. In this case, I feel the mistake is not your strategy, the mistake is your knowledge of crypto, knowing too little will make you panic quickly when you can't handle the bad situation, a lot of people who don't hold long-term still succeed in a very normal way, the strategy only works when we know where to apply it |
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Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time  just like this user predicted the price of bitcoin in the beginningDogecoin $20,000 in 5 years? Hmmm maybe this will be happened because nothing is imposible right? Especially in crypto market. There are so many altcoins which had major bull run in these past months and this situation also could apply for dogecoin in 5 years. It will be impossible unless for Doge unless Elon Musk backed and supported in that five years, and I don't think Elon will do that as he is an eccentric person. Maybe his decision will be changed just after few months or a year, just like he did in Bitcoin, and he rejects it as a payment option in Tesla. Even ethereum who is 2nd to bitcoin is hard to get a $5k price in the last few years. For me, A meme coin always is a meme coin. - Yes, a person can be arrogant and confident in their strength but they are still wise enough and know how to refuse about going against the community, so maybe Elon Musk will soon change his prediction about doge in the negative direction, the power of the whole crypto crowd is too great and going against the flow too much will exhaust his strength and lose his good footing. Time is not a factor that can change matters with dogecoin, meaning and practical role is much more important, rather than a rich guy helping |
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when you fail in trade it means you will loose money and since when loosing money became a joke ? but we all cry when that happens .
your a noob thats why some things are hard for you but keep on learning and you will master them all soon .
the non consistency in the price is not the problem if you cant decide which side your going to choose but in trading you need to work in both sides because this is where the money will flow continously
- Perhaps the mindset of turning failure and loss into a joke is the mindset of guys who are inexperienced and have a gambling perspective, they don't know what trading is like then they just follow the normal instructions and think in the normal way then fail, a smile showing ignorance appears, they only see trading as a bet like gambling. A few times may laugh but losing too much will be a face crying and lamenting defeat, failure is another aspect of success but we need to seriously transform this process, instead of turning a blind eye to everything. |
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In the world of crypto of course there is always a risk, especially investing in new coins, new coins are like a double-edged knife, because sometimes you can profit many times the purchase price, and it could also be that the new coins you buy will end up becoming shitcoin that will never rise up. So my advice is that you have to be very careful if you want to buy new coins
- Exactly, when the blade is in the right direction that we want, further and further goals will be very easy to achieve but when the blade went against the calculation, some damage and bleeding is inevitable in this case and a painful feeling will reach our soul slowly, the boundaries for investing in new projects are always set like that, we also need to be conscious to increase our safety. A small amount of money thrown into this abyss to check the depth of the bottom is the right thing to do, don't be greedy and jump in quickly when we don't know the bottom of it |
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Right. The owner of Tesla said that he did not accept electric car transactions with Bitcoin, immediately this virtual currency lost thousands of dollars in value. By making a big impact on the bitcoin market, Tesla is destroying this market when it can let bitcoin peak and go downhill without brakes. It is dangerous to let Tesla control the bitcoin market. We need to have a proper solution against Tesla.
- There are not many suitable solutions for struggling with Tesla when the relationship of Bitcoin and Tesla is not very special, both are separate representations of different products, so they remove payments like bitcoin or even add a new payment like dogecoin, it will belong to the privacy and wishes of Tesla, except to be silent and consider the situation, there is nothing we can do to force them. What they destroy is just a small corner of bitcoin, the underlying foundations have not been destroyed and can still recover with time. |
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