I was surprised by Facebook, I have heard several times that Facebook has taken action against crypto currencies, such as the prohibition of advertising and so on, but at this time the news that Facebbok would make Facebook coins re-heard on the surface, as if they were playing with issues for personal gain.
They indeed took some actions against the cryptocurrency that execute prohibition for the advertisement of cryptocurrencies. Time can change people and now facebook is a pro cryptocurrency and they want to get into the wave. I will watch for some updates for this their own coin and i will invest my money there and hope for a huge profit. |
|
|
|
I really do not like to trade according to price judgment. I'm not good at technical analysis and it confused me after a while of thinking.
I think I only fit in long-term investment strategy. These types of transactions will definitely have problems and I think it is not safe for people like me.
Strengthen your weakness and you will become good at it in the future. All of us have gone through that moment where you feel that you are not good at it but if you have eagerness to pursue that then there will be no problem for you. Eagerness is one of the basic foundation for a curious people like us. |
|
|
|
Nobody can tell or can predict exactly how long last this bear market if you look at in the marketcap glad to seen the status of the bitcoin price today.
Of course there is no one that can tell if bitcoin will have a bull run or bearish market. No one can predict the future so it is up to us if we are going to hold our position in this market and keep believing to the power of the cryptocurrencies. It is just always up on us, if we will keep believing the bulls will come then it will happen. |
|
|
|
The main reason to buy crypto is to make money, I do love the technology and all but at the end of the day we all need money to survive.
I'm also a hobby miner, I don't make much money from this but its fun to play around and configure my gear.
I agree that most of us, if not all, buy cryptocurrency to make money on its sale in the future. And that's fine. I think very few people buy cryptocurrency only to support technology. The top priority for the cryptocurrency investors is to just make money and the technology still belongs to their concern but it is not that a big of a huge deal for them. We are buying cryptocurrency to make more money and to be rich so once we are rich we can easily get into the cryptocurrency that has a good technology and we can really support it because we have a lot of money. Learn to prioritize first. |
|
|
|
You are right but if they have the determination and knowledge and they won't experience the same fate that most newbies do. Of course, they can loss at the start and on the later trades but its important that they are learning and then when they already familiar with the market then I think they can now make profit. And for those newbies who always lose, instead of quitting I think it is better for them just to HODL.
Determination is a huge game changer for most of the people. Even though you are losing a lot of money or losing hopes for continuing what you are doing but if you have determination, it will light up the fire in your heart and you will become inspired and motivated again and that is why we should identify why we are doing what we are doing. |
|
|
|
I think you should. The down period have stayed for a long time and I'm certain that those times are over. I have read somewhere that some countries want to issue bitcoin bonds and it really makes me agree to a video that tells that the pieces are falling into place.
The market cannot be all bearish, the period we are not is slightly changing to bull market, and we know when there is a bull market there's full of good surprises. We can't miss this opportunity, price may not reach to its new ATH again but it's guaranteed it will continue to increase if we are in the bull market. Whether we are in the bull market or bear market, we should keep holding our bags because we should always remember that we have limited supply of good cryptocurrencies and there is no option for the price for long term but to go up. Just keep buying when the price are dipping and in the future, you will have a huge gains. |
|
|
|
Set targets for every entry you make and exit when you hit you hit your target(s). You're much more likely to be a greedy trader if you don't set plans for yourself and follow them. Also, try to remember even small gains will add up over time and not every trade has to generate you massive profits.
You should ideally also not be using more than 10x leverage on a site like Bitmex. You never want to be liquidated, and you can always set a tight stoploss with a position to prevent excessive losses. Also keep in mind if you're trading on a site like Bitmex you get a rebate on fees if your orders are in the books instead of a market order. Fees can get pretty expensive with larger positions, and you should always try to prevent fees whenever possible. They stack up over time.
setting targets for entry and exit is the most effective strategy to avoid greediness when you are trading. Having discipline for yourself also count as a good way to control yourself from holding your entry even though it already hits your exit price. Just keep doing that and you will be fine and you will create a lot of profit without being greedy. |
|
|
|
Don't trust one coin, you should trade on several different coins, and do personal analysis. do not follow the analysis of others if it does not fit your conscience.
One should always have a wide variety of portfolio so that even if some coins are falling you can make money from other coins when they rise and not dependent on just some coins also helps you average out your cost as well . It's also hard to facilitate if you have lots of coin assets, best to have some coins maybe 5-6 coins to invest so you have options which will be the one for long term and which will be the one for short term and used for daily trading, the process should be study deeper to avoid mistake and panic trades. For me this is not good to trade or to invest in more than one coin because this time you will not be sure about the nature and it matters allot to know the nature of your investment, there are so many crypto currency but if you will invest only in bitcoin or ETH to trade for long term it will give profit and will mae your future bright. It is good to invest more than one coin because that is what you call diversification. Diversification helps a trader or an investor in a lot of way and one of them is to create a lower risk of trading or investing. If you diversify, you are spreading the risk of losing money into different cryptocurrencies which you also created more streams of possible source of passive income. |
|
|
|
|
I like to trade the top cryptocurrencies in the market because i can easily make at least 10% profit per trade on those coins. They have a high volume so it means that there are other traders that are active and willing to do trading so i take advantage of that and buy at the support and wait for a while and just sell at the resistance or when the gains hit at least 10%.
|
|
|
|
|
It is normal to see some fake volume because it is clear that they are the whales who are trying to control the market to make profits for themselves. These fake volume to pump and dump is very common strategy of the whales and if you know how to ride these pump and dumps you can also make money out of it, just like what the whales are doing.
|
|
|
|
Keep trying and practice in trading will be the best you can do to improve your skills. I am sure that many traders will agree with that because without practice, we cannot get more experience and we can not gain a profit too. I think many of us still learning to trade and we get a lose too, but it won't stop us from keeping learning to trade and practice what we get from the lesson.
Even the smart traders or professional traders never stop learning. They keep improving to keep up with the trading demand, of course the market is changing so we need to be updated as market is one of the basis in making a good trading strategy. It's not hard to succeed if we keep learning, and if we will put our passion in trading. Everyday is a brand new day for learning. It is not just about trading, we can also learn a lot of stuffs that we can use in different aspects of our lives. We should never stop learning because new things are keep on coming to our lives and it is a very good thing to do since you will learn new things that you can add to your collection of knowledge. |
|
|
|
Even now a lot of people think that Bitcoin is a currency of the dark markets and scammers.
If only they will dig deeper and study what is bitcoin really, they will understand that it has more benefits in the legal side than the illegal side. Money or cash are also use for illegal activities, but we don't judge cash as dirty money, bitcoin has to be treated that way. When people are exposed to new things, they are only listening to the people who are keep telling the negative thoughts about those new things and that is the same thing that they are doing in bitcoin. They keep thinking about the negative thoughts where it results for discouragement to try bitcoin. They should stop this and be a risk taker because once they tried bitcoin, they will fall in love with it for sure. |
|
|
|
|
I am very hopeful for the future of bitcoin because i know that this is the future best asset in our world because it is like the gold that has a very limited supply and the demand is still going up because they know that this is good investment because of the security, anonymity and other features of bitcoin which is more advanced than the traditional assets.
|
|
|
|
|
Bitcoin is still down because probably there is no enough demand in the market to push the price to the top. Just be patience because we are slowly moving. You should be happy that bitcoin is not going up fast because if it is fast then you will no longer have a chance to invest your money in bitcoin while it is cheap.
|
|
|
|
The whales are the one who are controlling the market because they have a lot of money to spare and that is how they work. They look for a specific cryptocurrency and once they are now aligned then they are going to pump that cryptocurrency and create some false hype and once the hype is real, they will dump their coins and they are just going to repeat the process.
This is the same activity of some institution focusing on stock market. Fortunately on stock market, market manipulation is prohibited under SEC regulations. That's why users and hodlers of crypto -currency should lobby to regulators on creating a law to limit this type of activities. Eventually the market will be regulated, stock market been here for many years, bitcoin is just new and not everyone recognizes it. As the adoption improves, proper regulation for crypto will also takes place, it needs time though. I agree to your statement. Regulation will soon be implemented into the cryptocurrency market because that is the only way for the cryptocurrency to have a stable and bright future because it will establish credibility for cryptocurrency where people will gain courage that is enough for them to start getting into crypto. |
|
|
|
Spending lot more time will be the most important and effective way to gain your knowledge about Crypto field it make sense that to be your each and every second that to be e connected with Crypto market is always been positive for you so my would be nice if you spend the time with it kind you will be get richer.
This is true that each and every second that you spend in market is your own saving, you can make profit from it, if you are an investor it is important for you to keep eyes on the market so that you can invest on right time, if you are bounty hunter you will have to spend time so you can increase your merit, spending time with bitcoin is always beneficial. If you are an investor, you don't need to spend too much time on it and check it regularly to invest in the right time. Since you can choose it as a long-term portfolio, buy Bitcoin and cut it in a safe wallet. Finally, leave it there and come back to it after a few years or when the market rises. We have a lot of different options, and these options are profitable for investors. Going for a long term investment in bitcoin is a good idea because it is one of the most effective strategy so far based on the price movement in the chart and the people who bought bitcoin back then and still hold bitcoin until now are still in profits and that is one of the proof why it is a good and very simple strategy to follow, buy and hold. |
|
|
|
|
You should be patient enough to wait for your time. Small gains are still gains even they are small. You should not be impatient for not getting big gains because even you are getting small gains, once they are all piled up, they will become a big gain. Just keep that consistency of small gains and you will be amaze on how big your gains are in total.
|
|
|
|
Bitcoin has been stable a little above $5000 and many efforts has been made by the bear to push it back and kept it below that level but there couldn't do that. The market is growing and I strongly believe that very soon it will be heading towards $6000. yes it's true that bitcoin has held up well since it reached 5,000 but I think the next support (5,800-6,000) is decisive for the future Next stage should be at 5300-5400$, if resistance level won`t be overcome then long-term investors may see quite frightening situation. Several organizations may fix their profit and it can lead to falling even to 4500-4700$ mark. Also launching a new platform Bakkt may affect, it can attract new big players from USA and force Bitcoin to rise. Yes sir but I wanted to say that support is $ 6,000 and not easy to surpass, (but it's just my opinion and I'm here to learn  ) I think the $6,000 that you are talking about is called resistance and not support. Support is the lower price from the current price while Resistance is higher than the current price. Yes, resistances are hard to surpass because there is a huge wall of orders there but once it breaks then the run of bulls will continue. |
|
|
|
|
This bear market is going to end soon. The market is now turned from being bearish to being bullish. I am just waiting for the price to break some resistance in order to get some confirmation that the bulls are now awake and ready to completely wipe out all of the bears in the market and give profits to the strong hands that keeps on holding.
|
|
|
|
|
I am never done buying cryptocurrencies. Buying cryptocurrencies will be forever for me because i am always buying and selling cryptocurrencies so i don't think that there will be a time for me to stop buying cryptocurrencies unless i am a long term investor then there will be a point for me to stop buying cryptocurrencies.
|
|
|
|
|
Show Posts
