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it's very easy!, you must not follow Fomo, buy meme coins like Squid, Flocky, BuffDoge and some other coins like that,
why do I ban it?, yes because coins like this are very easy to dump to zero, of course this is what makes crypto even more scary,
but if you buy a fundamental coin, of course your capital will be safe.
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As newbie I have not bothered about the profit that I have missed taking out just because that I believe another profit will fill up for me. I have been on this for some time but with my growing knowledge in the trading business, I now seeing it differently that the profit I didn't take was gone and another profit that got filled is a different profit entirely which means I may have been made more of profit in the account and lesser losses. Lately therefore I take profit as it comes and this has worked for my trading experience. It is not scalping if you see your profit going down the pit. What way do you take your profit ? Or you feel the regained profit is same profit that you lost   For a couple of years being here in the cryptocurrency, as an individual trader I am not in a hurry as other did. I always make sure that the coin I bought will certainly give me a nice earnings in the end. I always observe first the movement of the price in the chart, then when I find out that things I will set it up according to my evaluation unto it. I think what you have done is a good thing and that is why it is necessary to do an analysis first so that later we can make the right decision, not all traders do things like that it seems and sometimes they just want to make an instant profit |
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Well you are party right about that. You can have a huge community like Shiba has, but on the other side you still need a solid project with developers who are constantly making product better, otherwise there is no point in holding that coin because sooner or later meme hype will be over and there will be nothing left for Shiba to go up. Trends always end and get replaced by something new.
That's how it is and most meme coins will end up like that, the hype usually doesn't last long and we'll see how it develops. that's why meme coins are not the right choice for long term investment |
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In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?
FUD on USDT has been appearing since its creation. Of course, if USDT turned out to be a scam, it would be a disaster for the entire cryptocurrency market. USDT has gone through multiple audits and none has found any irregularities. Of course, the risk is always there, but in my opinion you have nothing to fear. Even I don't think that USDT is a scam and I know USDT as a stable coin in crypto, if the reality is the opposite that USDT is a scam of course it becomes a big problem, the most important thing is to keep up with the progress and hopefully nothing bad happens |
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For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time
I have been and experienced where in 2017 Bitcoin experienced a high increase and high Fomo, yes, this year I think it is very different, because in 2021 mass adoption at a high level is very visible, such as Tesla, Twitter, and Facebook which plunged into the crypto world, not only them, Paypal has also joined this mass adoption, yeah! 2021 vs 2017? of course very different friends! |
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I really hope there is a platform or project to certify a project, because if a new project runs and gets the certification,
I'm sure it will make investors enter easily, for now I still appreciate what Certik has done, it's amazing.
but unfortunately certik only certifies or audits the supply of the token.
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Hi guys I’m new to the forum and I’m new to the crypto world.
I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.
Thank you in advance to all of you
In terms of trading understanding, it is not that easy actually. Analysis is one of the factor that we should learn here as an individual traders here in this type of business. And for you to get that skills you need to learn to read here in the forum discussing about trading in cryptocurrency, so in that way you can feed yourself at least how to understand the situation in the market. Trade is indeed very broad and we need to look at it in several ways, Expertise in analysis is very important and is definitely needed in trading, so never ever ignore it because when we don't want to learn and don't have the skills of course it will make us easy to lose money just like that |
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The 3 coins I recommend buying and holding long term are Cardano, Matic and Solana, although today the 3 coins are red but I'm sure when the market can improve it will be profitable, I've invested 3 coins since the beginning of the year and the profit is more than 400%.
These three coins do have potential and promising futures, so I personally have no doubts about the three coins, although everyone certainly has their own decisions about which coins to buy, and that's all I think everyone chooses based on research and analysis |
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I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.
Your courage won't save you from losing and even you think Bitcoin has a huge potential market gain, you can never rely on it as a source of income. People who had come into trading must know about the risk, sometimes must have also to think if trading is for us or not. I'm not saying you should step out from trading because it seems you love it and are comfortable of doing it. But for those who are not good at this job, quitting is the best option to take. That's why trading is not as easy as some people think and making a profit is not easy, besides the big risk, of course there are many factors that make us continue to lose or lose money when trading, other knowledge and skills are also important |
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Have you seen the improvement they got done throughout the previous few months? I don't figure we can say its wouldn't keep going for long haul. At the point when it goes up individuals take benefits and put it into different tasks causing all the other things to go up. At the point when it goes down individuals offer different coins to purchase Bitcoin in light of the fact that it's the safe long haul bet.
although it can not last long but solana still has the potential to have short-term profits. Like ping pong ball, I also feel unsure if I'm in Solana long term because it's too risky. maybe if in the future solana is able to prove if it is feasible for the long term I think it can be calculated to have more solana I think we need to take the risk and believe Solana will be profitable in the long run, Of course when talking about risk, it will always be there and it all depends on each person's decision, So far seeing Solana's progress is pretty good and hope it lasts for a long time |
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I think you can really manage to earn $50 a day in the spot market as long as you can see when to sell and when to buy.
It is really possible and there are traders that earn more with that amount but there are also those traders that are losing more. In order to attain that amount of profit, aside from being good in the spot market, it will also require you a decent capital to start with so that you can buy more. But what must be realized is that having a lot of capital is not something that can guarantee to get big profits. it all depends on how one can manage the capital and we know that investing or trading in crypto is a big risk, what is clear is getting a big profit is not an easy thing and we need to be careful |
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- the portfolio that you build at least has strong fundamentals, don't be easily attracted by what the developer has to offer sometimes it doesn't match reality.
- the crypto market is unpredictable but what I know for now is that most people understand before investing. unlike 2018 which only invests blindly. for now investors have more mature knowledge about crypto.
Due to the volatile nature of cryptocurrencies, with the experience in 2018 today many people are more careful before deciding to invest. Therefore, we can see the panic sell event this time as a healthy correction from investors, so dumps like 2018 do not occur at this time, although yesterday there was a correction, but it is still within normal limits. It's true, of course, if you look back, precisely in 2018, market conditions really went down badly, many people have suffered considerable losses, therefore now many have also learned from previous experiences, The important thing is to just keep up with the developments |
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All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.
Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
It was the same with me, I entered the cryptocurrency through futures, saw enough videos and thought that everything was simple and without any analysis, I put sell orders, the first two transactions brought income, but the next transaction took my entire deposit, then I wanted everything send to hell, but still found the strength to analyze and learned from his mistakes. I really appreciate you because after all not many people realize their mistakes and don't want to learn from them either. because for me it is important when we want to learn and analyze previous mistakes so that in the future we don't repeat the same mistakes, as time goes by the experience will be more and more for sure and that's a good thing |
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If we are a long-term investment then choosing the right time for profit is to wait until the price we set can match, unfortunately at this time it is too easy to panic so we sell crypto at a low price.
Patience and self-control are very important when investing long term, sometimes indeed every time the market goes down we panic and sell it and I think that can make us lose money |
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Don't do day trading at the start. Try to focus on trades that take couple of days, until you get your way into it and know the subject more. Day trading needs a lot of time and if you don't know what are you doing you can lose a lot of money in short period of time.
One word I say to a friend who is about to start trading is intention. Second dare to lose money or capital. The third intention is to keep learning and don't give up. Having people who intend is very difficult, many of my friends can't stand it and quit because they lose money. After you have all three, of course you can try the demo platform, after that use a real account with small capital. Once you are proficient enough, it's up to you. Besides that, it must be realized that in trading we cannot immediately make a lot of profit, however it is not easy, the risk is also great so indeed before starting to trade they must really have capital or preparation, who must continue to learn because it's important |
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you don't need to hesitate with XRP, because XRP always surprises us and I'm sure if the price of XRP in the near future will definitely increase very high, because now many investors are starting to investing in XRP again and of course it will have a positive impact on the price of XRP to be able to increase very high, especially if a bull run occurs, then of course the price of XRP will most likely create a new ATH price and increase by at least $5.
Regardless of the next Bullrun, in general XRP is a good coin and is always in demand and used by investors in seeking short-term profits, because the condition of a coin like XRP is still difficult to predict to what extent it will survive with a good value. Yes it's no doubt XRP is one of the top coins and it has potential too, Of course we need to wait for the development of XRP itself and I hope that waiting will be fruitful later |
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The reason that some traders especially those who aspire to be a good one gets wrong notion about trading is because most of them are mislead by the people who introduced them to crypto trading by hyping things for them and created an illusion that they're going to make a lot of money.
Investing or trading in cryptocurrencies can indeed make a lot of money, but making profit in cryptocurrency is not something easy to do it requires skill, besides that the risk is also high so when we make the slightest mistake it will make us lose money |
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I fellas I have two questions to ask crypto experts and investors in this forum today
1. Is this a good time to build crypto portfolio?
2. Do you really think that bear market will be a dipping as 2018?
Now that crypto is gaining more investors day by day and crypto adoption is increasing massively I don't think that the next bear market will be crazily low like 2018/2019, what do you think?
The time is good to invest and build your crypto portfolio but make sure to have proper allocation of your funds into potential coins like bitcoin or some good altcoins if you wish to have them.But don't go for any shitcoin that could ruin your portfolio and your funds will be lost forever and regretting later on is not going to work so be wise and go for bitcoin and you don't need to worry about any bearish trend and just hold for long term. Shitcoin or meme coin is not the right choice for investment besides the high risk shitcoin is also not promising, indeed the most appropriate choice is bitcoin and potential altcoins as you said, What is clear is that in choosing a coin, at least do research and analysis first so that we can get detailed information |
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I think that dot and Ethereum are the best trading coins. Their price is increasing day by day. Buying of these coins are the best choice nowadays. Dot is best for long term investment. These will have a good future. Like these coins, Solana and BNB are also best trading coins.
These two coins are suitable for a long-term hold, because they should give a good profit in the future. But for daily trading, if a trader uses margin, bitcoin is most often used, since it is most predictable in its movement. The rest of the altcoins simply repeat the movement of BTC, with the exception of those coins that pump on good news. Both Solana and BNB are the top two altcoins and both are indeed potential coins, so for long term investment I think it's safe and nothing to worry about, apart from that everyone has his own choice regarding which coin is good for day trading |
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