You should learn about the same and you must invest in the market with small amount to develop the skill.
Learning with a small amount should be the starters activity so that they will have the idea how hard it is to make money in trading. And as they learn with that little amount, they will also understand why risk management is very important. And when they have learned about risk management, they will now change their minds that earning and trading throguh crypto requires patience and time. we must understand how difficult it is to make a profit, so that we can appreciate the risks that must be borne in every transaction. that way we can regulate psychology when we use large capital and can appreciate our capital. many traders fail because they are complacent only to be oriented to big profits in a short time It is difficult to make profit in trading and that's why every single thing that you can think of as hindrance and resolution, you need to think of it. And if you've gained a profit already although it's somehow small, you may fit with that for the while because if you continue for that day, you might get some worse results. It's true it's not as easy as people imagine that in fact making a profit in trading is not easy, it requires a lot of effort and having the right strategy depending on the conditions at the time |
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Hi Guys!
I bought ripple at $2.50 and i am at very high losses. I wanted to know if and when it will reach $3, $4 and if my stars shine $5 ? Please help. I am being as much patient i can but i am honestly dying from the inside looking at the prices.
In the near future maybe it will reach 5$ I think it always depend on bitcoin price, if the bitcoin price rise up high altcoins will also rise and some altcoins become a great investment, for now bitcoin is crashing so it is expected that altcoin will also drop down. Maybe we can see ripple at 5$ in the near future. Either way we have to be patient to see XRP reach $5, especially with the current downturn in the market, I think it is quite difficult to see it in the near future, the most important thing is to just continue to follow the developments |
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Wow.. this is the first time I saw XRP is pumping really hard,.. may you guys share what are the reasons why XRP whose been sleeping is now pumping already? Do we have a positive news against the SEC, or a different news? https://coinmarketcap.com/currencies/xrp/Currently have 47% increase and it could reach the price of 1 usd soon. I think that Ripple's trial against the SEC is largely staged, not real. According to recent events, we see that the judge takes an openly pro-Ripple position. Ripple Labs has already won a series of victories in court and I think the parties will conclude a peace treaty. And that will be good news for Ripple. It will finally be able to break through its historic high of $ 3.4, which it could not take since 2018. Of course, this good news has been awaited by many people and with this the opportunity for the price to rise is very large, we'll see in the future whether it will materialize or not certainly makes everyone curious, the most important thing is to keep up with the development of XRP |
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At the moment both Ethereum and BNB are the best, safest investment option in the market. Earlier the gas price of Ethereum was a concern but not any more. BNB is not truely decentralised but it is backed by one of the biggest exchange.
Both have some of the best project under their respective Defi ecosystem. Therefore in my opinion both are best at the moment.
Talking about the two between Ethereum and BNB I don't think there is any doubt, yes in fact there are so many people who choose to invest in both and I think it is the right choice, right now we can see Ethereum transaction fees starting to drop little by little and of course this is good |
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Crypto trading is risky and no one know the perfect time to sell cause market prediction will never provide 100% accurate result but what's important is you understand the risk involve in crypto market, understand the promising level of the project/coin you picked interest in and set an exit plan.
It just only pure speculation, we live in this market where we are not 100% about the incoming. We never know when to sell and as well as when to buy. We usually use our common sense and this is really hard for those who are not good at this. What I mostly did in making a decision when to sell, is when the time has come that I'll be seeing some profit. People think trading is profitable, that's a wrong perception, trading is like gambling, when one wins the other loses. It's very simple to understand, and it's necessary since it's a basic knowledge everyone should know before they start trading so they'll always make a realistic action. the words "speculative market", means it's a prediction game, you win, you lose, that's the game. its not good as their imagination , the fact is trading was very difficult and even to earn small profits we need to hold position for several days. but i am totally dont agree trading is like gambling, this is wrong sight . we have bigger possibility to gain profits in trading if we know to analize market, there are alot methode and tools to analize price movement , we should to learn it first before investing in any finance market. Actually in trading there are ways and strategies so it is very different from gambling, but indeed in trading is not as easy as we imagine because we have to learn it so as not to make wrong decisions, besides that we also need to follow market movements so as not to miss the moment |
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one of my favorite altcoins this season, it has been proven that matic always takes surprising actions, be it the project or the price,
remember some time ago when it was rumored that Matic was going to scam?
they are talking to the community that matic is really a good project and look at the results now,
the price of Matic is flying high and does not see the price of Bitcoin bullish or bearish.
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We are going to show BTC death cross in few days, so it's a bearish signal for BTC market. If you show the previous BTC detath cross then you have got a beautiful idea. I am expecting BTC starting down trend,
What do you think about it? What is your view point?
Bitcoin bullish is not over yet, and you talk without any analysis?, from where you can believe that bitcoin has become bearish now?, I spoke with analysis that $30k is support, and a few days ago bitcoin was holding there, and making $30k is strong support, and now $35k, I think this will be the last support for bitcoin, and will be heading to $40k again some time in the future |
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Makes no difference. Crypto or Coinbase coins are not that different.
What you should ask yourself instead is which coins are worth investing in despite where they're coming from. There can be hidden gems anywhere it just takes time to find them which is why due diligence is imperative before offering to give your money away to a project.
Correct and its really hard to tell which one will boom out and which one would eventually fail so this would really be like a gamble.So making a choice is something that cant really be easy specially if we do know that we are risking money.When investing then doing our outmost research and verification first before putting up some funds into something. It doesnt mean that it is already known or popular does signify success so always be careful. It is not easy to choose where to invest and we need to do research and analysis, we can not play games when risking money and that requires careful consideration, and it comes back to the decision of each where they prefer to invest and hopefully it will be profitable |
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But how could an investor knows if the coin will make them profiting or losing ? so it is wrong to say that people don't care if the coin is too expensive or not because it is their money that in risk here.
and if mine? lol i will care so much for my funds.
Anyone who invests in cryptocurrency especially in this coin will not immediately know if they will make a profit, maybe they are just really basing it on the tweets that EM makes. I read a lot in the comments of his tweets that others or his followers are complaining and crying because they think that they will continue to earn a lot from it immediately. It's their fault that they believe in a well-known person who doesn't know anything and is just new to the world of crypto, even a financial advisor shouldn't do that. That is if it is easy to be influenced by people even with just tweets, with things like this of course we can take lessons so that in the future we don't repeat the same mistakes, after all investing in dogecoin is not the right decision and it needs to be reconsidered |
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buying coins when ICO is very profitable because usually the bonus at the beginning of the presale will be very large, but you must be very careful in choosing the right ICO, don't be tempted by big bonuses, because there are so many scam ICO
the bonus is indeed very large during the presale, but almost 90% of ICOs are scammers, why are you so sure about ICOs?, I looked in the mirror from 2017 to 2018, when the bull market was the same as now, the ICO was very crowded, once or twice there were no problems with it, and after that the scammers came, making the ICO just a place to throw your capital, it was terrible, and it happened in this year, so be careful |
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of course that is bullshit!, Bitcoin will continue to be valuable until the world ends, or until the internet dies,
calm down and don't panic to sell, because if you panic then you will really regret it,
do what's best for the country right?, of course it's going to be quite a long time again
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Trading will only be easy if you have a full idea about in cryptocurrency in terms of technical and fundamental analysis.
Aside from that, we must always be update about the trend of the cryptocurrency or bitcoin due to with it, We can monitor the
movement of the market as well.
trading easy as long as we have skill in technical or fundamental, and now the question is matering these skill easy or difficult for us? when we start studying analizing market we will need several years , trial and error finding best trading system will be bad moment for them cause usually they will lose alot of money. I quite agree with you and even that doesn't mean trading is that easy, because until now many people have failed in trading because trading requires knowledge and skills as well, analyzing the market is also not easy we need to learn and of course it takes time |
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Bitcoin price is still above $30000, and I don't think it's bearish yet, I don't know if it's on its way,
but if according to Bitcoin price analysis if it's above $30000 it will remain safe from bearish and bullishness will continue,
how will the market reaction later we have to stay watch it
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
Yeah but exchange volume always goes down in bear markets. The coins you DONT want to hold are low cap low exchange volume coins. Those coins ALWAYS tank in a bear market much worse than high cap high volume coins. Stick to the top 10 and ride out the bear when it comes. top 10 is a very strong coin to hold, but if bears do come, it's better to stay away from top 10 coins, except USDT stable coins, yes because if bears come of course no altcoin can really survive, the ratio is 90% the coin will experience a REKT when it bears, now many altcoins have gone down deep, be carefully |
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In my opinion, good altcoins are those with their own exchanges such as Binance, Kucoin, Huobi and so on, and the main key to profit is of course being patient, rest assured that altcoins with their own exchanges will continue to skyrocket.
not necessarily, coins with their own exchanges such as KCS, BNB and Huobi Token do have good fundamentals, but are very vulnerable to news, we know that hackers are currently having more action, and the target is exchange, and what has happened is Kucoin , look at KCS after the incident, yes the price of KCS dropped drastically, so it's better not to take exchange coins for now. |
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Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?
there is nothing we can see, we can only see in the order book or in the transaction history, if you are a binance user then look there, if someone bought $500 million for Bitcoin, maybe Michael Saylor bought it, well, no one will know about Michael Saylor's buying in the market, we can only know about analyzing the chart |
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it's true, buying meme coins or shitcoins this year is very profitable, but it's all based on luck I think,
and it's true that not everyone can benefit from shitcoin, so it's better to avoid it,
because shitcoin will make you poor and your money will be lose if you not a lucky person.
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no one knows when the bearish will end, for sure there will be a time when we have to be prepared,
if you look at the current conditions, it is a bit undecided, because Bitcoin has also been dumped from $65k to $30k,
of course this is a critical level, will but the sentiment is still positive, I don't know what will happen in the future, if you have sold it I think you are safe
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I understand your experience for 4 years, but scalping is not only from experience,
what must be observed when scalping is reading the cycle and market situation,
if 4 years of experience still can't read it, of course everything is meaningless.
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
no need to ask about who is selling!, of course those who sell Bitcoin in large quantities are whales, and whales are the cause of the Bitcoin dump, followed by traders all over the world because many people followed it in panic selling, it's a pity, but this is the truth. |
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