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I keep on buying cryptocurrencies because it is an investment for me and also a retirement gateway for me. I believed that the prices of the crypptocurrencies that i bought so far will have a huge jump in the long term because of the fundamentals that i saw and based on the movement of the price from the price history.
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Depending on when the Bull market can occur or not. I realize it will not happen. During this time Bitcoin increases in a stable and sustainable price and the new crypto market can return and become unique. long-term sustainability. we don't expect the Bull market but instead expect stability from Bitcoin and the crypto market.
I think that the bulls are now getting into the market because the price of bitcoin is now getting pump little by little and i think that it is better than no progress at all. Just keep investing regularly and sit back and relax because this year, i believed that the price of the cryptocurrencies will be on top. |
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It is impossible to trade without losses because even the greatest trader alive in our world, still experiencing errors on his trade and that is the proof that you cannot trade without losses unless you are a fortune teller and you know what will happen in the future and that is only the possible way to trade without having a loss.
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It is one of the golden rule of trading, we should not be greedy if we want to succeed in trading. Being greedy will not bring any good benefits to you as a trader. You will just suffer instant losses from your trades if you are going to be greedy. Set back and remove your emotions if you will start trading to make sure that you will have a calm mind and a prosperous trading.
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You should look for the support and resistance on the chart and see it for yourself if it is a good time to get in or you should wait for a while before getting in and putting your money in the cryptocurrency. It is easy to identify opportunities if you know the basic fundamentals of trading.
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bitcoin is a stable coin and the main coin in trading. if compared to other coins and tokens, I don't think anyone can compete with bitcoin. Bitcoin prices are growing steadily
With the decentralization and also being open 24/7, it is prone to volatility and that makes the coin not stable because if we are talking about stable then the price or the movement of the price of the coin will not move that often and it will just stay on an average price for weeks or even months before it moves while bitcoin is very far from that example. |
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Being impatient with trading cryptocurrency is one of the sign that you are really not for trading. Being patient is not only applicable to investing but also in trading. You should always be ready to accept mistakes that you will make along the way of trading, you should be professional enough to accept those things and implement the lesson to yourself so you will become better you.
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Trading can be healthy or unhealthy, it could unhealthy if a person is abusing himself to just keep on trading. We should always remember that we should trade moderately and we should always take control of all the tasks or job that we are going to do and do not let those jobs control us. Be aware of yourself and take care of your health because without a good health then you cannot build a good wealth.
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If you are really passionate about trading then you should continue trading but if you are feeling down all the time after you do trading then i think that it is a sign that you should take a break from trading and maybe try other things because trading can be tried by everyone but trading is not for everyone, we have different level of knowledge and skills that we can use, just explore.
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please tell which is best coin for long term investments
[/b][/i] Altcoin remains a priority for anyone who wants to make a long-term investment. This is because altcoin has very good potential in the future. Most altcoins have very cheap rates at this time and that is an opportunity for all of us. If we are patient and smart to take advantage of the momentum, we will make a lot of money. Be someone who can talk about price movements and prioritize altcoin to be the top choice if you want to invest in a long period of time. You can choose Etherum, NEO, EOS, bitcoin cash and various coins that are in the top 50 position. You can see that the market is falling sharply, the price of bitcoin is now beginning to fall sharply when it can not overcome the $ 7000 mark, which has made altcoin prices fall sharply. Therefore, I believe that if you invest long term you will be very hurt because according to my analysis thig bitcoin price will be very difficult to recover. What are you saying? Bitcoin's price is holding now in $7000 mark for a week I think and some altcoins already show a green market. Holidays are coming now and that is where always bitcoin and altcoins pump their prices and some reach a new all-time high. It's still not late to invest now but it is still up to you if you can afford to risk some money in crypto and not afraid to lose. |
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Going full time crypto is like doing a gamble. Everyone feels that they don't know where we are heading right now and you could wake up that you country has banned it so don't go all in. It's still better to have a job.
Thats maybe true. besides the fluctuating price makes your income uncertain. You will also be faced with things where when the prohibition comes it will destroy your whole life. so I suggest using crypto as a side job only Going full time on crypto is a bad idea to do if you don't have some backup funds to sustain your losses. Cryptocurrency market is very unpredictable. Making a single mistake will result into huge losses. If you have a decent job it is still better to continue it because that is a stable income for yourself. If you can do both then that would be better. Don't sacrifice your job for cryptocurrencies. |
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I think you don't have to wait for the price of bitcoin to go lower. Because eventually the only way for bitcoin is up. It might dump sometime but it recovers again.
It would definitely go up but it's for long term. If you are aiming for some profit in a span of month or week then you must know when it is the good time to buy bitcoin. Bitcoin's price now is below 50% of it compared to December last year's price. So you just can't say to buy bitcoin whenever you like if you want to earn profit from it in short-term. |
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I've been viewing the current crypto market. It was dumping over the last three months. However, it bounced up to almost 7k recently. I think 6K price is strong supported price, there are too much investors make order to buy BTC at this value. So It's hard to get lower and its perfect time to buy more BTC because there is good sign for recovery and the price chart is the same as last year. I truly believe that BTC would go back again.
Christmas is few months away from now. And as we all know that is the time when bitcoin's price is rising so I can say it is good to buy bitcoin now. After few weeks or so it will stabilize to $7500 or above and that will be the beginning of reaching its new all time high. I believe that it will surpass its last year's ath from what I hear on social medias. |
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Hoping I can be a part of this campaign. Been busy for some couple of months but i'm back now in this forum. I already put the signature and avatar provided. Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=915706 Post Count: 774 Merit Count: 250 BTC Address: 15AaiEXG3GBZAhVizq1afwbj5u3p6oSjjb Telegram Username: @dasmelio |
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For me it is its very volatile price. Bitcoin and cryptos prices can rise or drop quickly. Which makes it very risky to just get into bitcoin and put your money to it. Whales can manipulate them and those small holders mostly panic to sell their holdings. Only those big whales can get the most out of it.
Also only few stores know and acknowledge bitcoin as currency and that makes it difficult for bitcoin to spend directly in real world. You must first cash out it on your bank account or some way accepted in your country.
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The ones that are in top 10 or 5. They are much stable compared to other coins. They are good to hodl for long term because the team behind it are working hard to improve and promote their coin. Also their project already proved a great potential in the world of cryptocurrencies. You won't regret buying that coin because they give what they promised to the public and doesn't leave like nothing happened after you invested in them.
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Right now is the good time to buy bitcoin I think because it starts to rise again after a month or weeks of dump. Maybe soon it will achieve a new all-time high. Just put omly your spare money as we all know bitcoin's price is very unpredictable. A little bad news about it, it dumps and a bit of good news it starts to rise, so be wise when investing on bitcoin. Know when it is good time to buy or not.
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I suggest to buy ethereum now. Compared from the previous months ethereum's price is nore or less 50% less from its stable price. I think that is because of bitcoin's surge now but when it ends ethereum will take its turn and start also to rise and achieve a new all-time high. If I have a bitcoin this time I would definitely buy and wait for that time to earn some profit.
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Because they get affected by fuds. They panic sell because of the fud being spread on the internet of that coin. They sell it even if it's a loss for them because they think that token will crash a lot. They don't know it's just a trap by whales to buy more cheap tokens and after they accumulated enough they will start to pump it. We should not sell our tokens for very low price because it won't do any good to us unless it's an emergency.
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spending a small fortune, and hoping to earn a lot of money. that's the gamblers' main mindset, they hope to bring in a little capital and get a lot of wins. but sometimes lose is also unavoidable.
Most of the gamblers share the same mindset, and that mindset is the reason why they are losing so much, they are not expecting it because what they are expecting is that will win, using a small amount of capital in the beginning changed into a big one, they doesn't care about how big they are using in betting as long as they could continue playing, how nonsense is that. |
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