As they say in one famous book, 20% of our actions give us 80% of the result. With coins in the same way. It is better to keep the top 5 coins than 30 different. Diversification is good, but it must have its limits. The more coins you have, the harder it is to manage them, the more mistakes you will make and lose on it.
right, the more coins, then we will be difficult to manage. and of course more time will be needed to examine the coins one by one. therefore focusing on a few coins will maximize our analysis, so that our analysis is more accurate Having lots of coins will not guarantee you can always get a profit, the most dangerous thing is that you save too much coin and the price falls a lot so it will make you lose a lot. I know people who have been investing in one or two coins since long and those coins have been making some good money for them. I think that it is never about the number of the coins but the fact that if the coins you have are profitable. If you have invested in the right coin, you would be very able to make good money and there is no need to go for other coins. However, for the purpose of diversification, you could do so. |
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It depends on time/market situation I think. sometime Holders can earn huge profit and sometime trader. In bullish market holder can earn huge profit and in bearish market trader can earn profit than holders I think.
I think this is an open secret that Trading is something that can make you some good money as compared to a stationary holder. For a Hodler, it is the market force and the surge that makes up the value and the surplus money. Traders on the other hand can make daily profits by making use of the volatility of the market. But HODL is a kind of relaxed way of making money if you have no hurries to sell your coins. |
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A bear market is bad for investments and investors, for projects that want to raise more money, but cannot do this because of market instability and a constantly falling rate.
There is no point in saying like this because bear and bull both are good for traders and investors which is a unique quality in crypto trading. You have the chances to sell out your coins when price movement takes place. It is all about price movement, when it is bear you can invest and get it on low price with the opportunity to sell your coins that you invested before and finding yourself in profit after price movement. |
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This only happens to people who are so desperate to make money without really working for it and such spirit is not good because at the end of the day if you invest all your money and the result turn negative the result will not be different from what we saw in the article you submitted above.
If anyone desperate to make money then why he choose only Gambling? In most of the business we have lost money then why we blame to Gambling? Actually, the main reason is, gambler should strong, our emotions of loser make us destroy and in the end we see the death cases. They only see the easy money making chances in gambling but the probability of happening is very less which caused many people to loss and still the people coming with the hope also losing their money.If it has been considered as business then people don't have any control over it. Gamblers need to understand the ups and downs before get started with it because they will have to control all the factors and situations after loss. It is a very good luck but very rare to see when you see less than 2, 3 gamblers in a game. The probability of winning a game is more in playing with 1 or 2 opponents but the chances decreases when you play with more than 3 gamblers, you should be prepared accepting your loss. |
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Lol, trusting fb with kyc you mean. If you're on fb they have your details to an extent especially when you link up your mobile number to your account there's nothing else to know which they don't know already.
Of course that is the fact. Just a small identification number and they will dig out your all those information that even you would take a minute to think how the hell do they know it. I think Facebook has not been trustworthy and they have been using the user data for different purposes without the consent of the users in the first place. Anyways, Libra looks promising and let’s see how it goes. |
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I think that the administration is now very good living on the remains of bitcoin. Do you think they make a small profit from the ubiquitous advertising? This forum need adequate community and not a weak coin.
Binance is also a good exchange but they have been using wise ways to make the users make use of their own coin and earn a discount if they are trading Bitcoin on the exchange. So it is not a bad idea for them to have a coin that could help them market with more ease. The forum could enjoy economy of scales here. But even if it does not do so, it would still do well. |
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Investing in the bankroll would only be good if the gambler isn't really great at gambling,
And also if the gambler is looking for a continues profit of course it would take sometime before you could see your profit but it is worth it if you they are looking for the long run.
But choosing a good casino to invest in is also one of the thing that you need to search there are so many new crypto casino right now so investor should be cautious on the site that they would invest,
There are already some crypto casino that are trusted and have a huge amount of gambler so those are safe for investment for my opinion.
Well for me, I see nothing wrong with betting directly and that’s even more of a profitable investment, the only challenge is with gamblers who have problems with Bankroll management. There is every possibility of optimal organization and distribution of money for betting but it’s always necessary for us to create and determine our own bankroll management strategies, the implication of these is for a player to determine his stakes and the expected number of picks he intend taking over some period of time they intend to bet. In my opinion, I would rather play as a smart gambler, while ill be great investor than Bankroll, because applying all the strategies in managing my bankroll definitely make me get the most profitable and best statistical results needed for my bets. You cannot say that gambling is not worth investing your time and money in because it is the $530 billion dollar industry and though there have been the rule of risk and probability in this part of the industry, it is still worth going for gambling if you have the experience to do so. However, the flow of profits could be way too constant and promising if you go for investment. |
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Libra isn't a threat to Bitcoin, but actually more of a threat to the banks from what I am seeing. Its basically an alternate way to store your "stable" currency without using a bank.
At the end of the day though, because it is backed by a government currency, it can be inflated like anything else, but it definitely looks like a bank killer to me, and a new way to store your stable money AND be able to spend it and transact globally.
Yes it is going to give banks a tough time I think. Not only bank but according to the experts, it is going to be a rival of Bitcoin in days to come. I do not buy it that much because Bitcoin is very secure but the fact that Libra is going to give rise to jobs and cut down the costs of transaction are incredibly amazing. Looking forward to put in some money and let’s see how it goes. |
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Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically
Which is often a problem, some people still do not understand the position of the price, whether it is already in the bottom or not yet. While the others still said, "The price is still in the bottom" then this will become disaster to them. A trader needs to understand the price at bottom and a high price but what I think is a trader should become familiar with any market condition because it helps a lot. If a trader is not familiar with it then it hurts a lot. Always think to invest your money when the market price is at bottoms and always sell out when the market price of coin is at peaks. For many traders such as the current marketers are confused due to the FOMO factor. |
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Don't invest in crypto is a sense that people has no success in trading and investings. So they warning many people to don't experience what they have been experience on it. Remember that we have many investors and lot of money buy in a coin that have a future to earn and if there's no traders and investors there's no volume.
I think we should not invest only by seeing that others are investing too. If you see other people investing in crypto, and you follow them, this is not right for me. You first understand what is crypto and what are its benefits and risks, and only then you should invest in crypto. Investment in the crypto currency is super simple for investors who have learnt a lot about it and have been learning to newly launched technologies. In contrast to it, investors who are just investors by name or some with little knowledge cannot survive here and lose everything easily. It is a big risk when you don’t know about something and put huge amount as investment is similar to gambling. |
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poker is a game that requires certain skills so the more you play the more skills you will get and it will help you in future to beat the opponents.
Skills type of game which you need to be focus with how will you enhance your opportunities in every deal that you'll going to take, remember that it's logically right that the more you play the more you can adopt good strategy that will allow you to win, pay attention with how your opponents act and practice to be emotionless. The question raised here is about the position in which you are and how can you reach to such a position where you can make it to win. All this needs special attention because it something you are answering yourself and in reality there is nothing but failure. You must be a rich gambler of high targets and strategic minded in order to have a grasp over any game you play. Gamblers with low targets and money will get trapped for a long time and may not recover it. |
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I think the better is you can hold few coins which will be useful in your future otherwise if you hold huge amount of investment without any use it will not been giving the profit for you in your future that's why I am saying this
The output of your investment will be great if you invest in a precious coin in large quantity. The more the investment is on large scale the more will be the output results. Furthermore, there are several factors which are also involved to make it happen and not only the above 2 factors. Your day-to-day dealing with the crypto market will help you make the right decisions and you sell right away when you find yourself earning massive profit. |
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LOL. what's the advantage of beat the household? what happens will only be a waste of money which basically you don't need to do it. this is something of an individual who doesn't want to see the closest person to success and as much as possible you impose something you shouldn't have done
I agree that it is a waste of time and money. Why would you try to do it in the first place? Also remember to set fixed time and money precisely to avoid losing everything chasing something impossible. It is my specialty but away from gambling. The business of these casinos and other gambling spots are shining in the market just because they have some house edge and they do make money which comes from the loss of the gamblers on the table. I think that no one would be able to beat the house and beating the house means you win every game while gambling which is not possible and has not yet been seen. |
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I personally think it is safe as an offline wallet offers the highest level of security for storing crypto is it involves storing the funds in a secured place that is not connected to any network. This type of wallet can also offer good protection against computer vulnerabilities. The hardware wallets are the best type of offline wallet that offers very high security and ease of use. Also, as these wallets allow backup, you can easily recover your funds if you lose this device.
One such example of a hardware wallet is Trezor. It operates as secure cold storage. You can easily transfer bitcoins to the device using the Trezor interface, which is accessible from macOS, Linux, Windows, and Android. Its interface is quite easy to use that lists your coins and recent transactions.
Trezor uses a 12 to 24-word seed for protection and recovery and a user-defined PIN. You can also add an encrypted passphrase to your wallet for an added layer of security.
what say u?
Although im not using hard wallet to store my coins, many peoples recommend to using it because the security. When you have big amount of coins, you should using safer wallet like hard wallet to keep your coins safe. Trezor and ledger nano are the most popular hard wallet i guess. The hardware wallets are the safest option for holding big cryptocurrencies. Keepkey is my first option after the advertisement by Shapeshift beta platform. I don't like to risk my hard earned coins with online wallets and it is also not recommended to use desktop crypto wallets. yes it is the safest way to store your Bitcoin and other coins in the cold wallet/storage. When you have your coins in the HOT wallet on an exchange, it is always prone towards hacking and is not 100% safe but if you are a trader, you got to have some coins in your HOT wallet as well. Depends on you if you are speculating for a year or day trading. |
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No one can easily control their own emotion that's why people are getting addicted to it when you play. It's very satisfying every time you win the game so you will continue even you lose or win. Probably for me this is entertainment only so I will not be addicted to gambling. But if you really control your emotion then congratulations because I know it's really a tough fight in gambling. You should have the spirit to fight and know your limitations in the game.
Yes this is not very easy for the traders and investors to control their emotions and I think this is the reason why the people who provide consultancies are having a great business in the market. It is kind of habit that slowly develops with the passage of time as you make and lose money in the crypto game. There are nevertheless some great gamblers who know how to do things. |
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I would like to know the name of the coin you invested in that later turn to 7200$ either way I'm happy for you cos its really not easy to make it big in crypto without working so hard and not dependent on a single coin ,once again congrats
So it is common sense he must be talking about Bitcoin because none other coins has been able to reach such a huge value but Bitcoin. And it is very obvious that one should not give up when it comes to making money in crypto. It is just you have to invest at a time when the market rate of the coin you want to invest in is very low and you are able to wait for years to reap 100000X profits. |
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The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
The main problem is already in your posts which is panic selling. If you can overcome panic selling and then continue to hold then that is where you can achieve huge profits. The law applies in to any investments like taking care if your business until it grows bigger and getting tempted to stop because you don't see quick returns immediately. It is our strategies and effective planning are the things be needed to run a business which could possibly resulting into good and profitable. Worries, emotions will be our enemy in this field and we mostly affected it causing into not thinking the right decision, and it get worst to think of quitting. Exactly, a real businessman knows what is best for business because he knows where to, how to and when to invest and trade at the same time. Those traders who are deprive of the market skills and knowledge cannot make it to something big but the possibility to lose the investment also exists in their case. Crypto trade especially the Bitcoiners take good care of the rules due to no single warning. |
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In recent time so many scam exchanges are available in the market and investors are losing their projects by using those exchange. So before trade you need to careful about the exchange.
Indeed, scammers are widespread on the internet trying to create exchanges that is very similar to the legit one so that trader can’t find the difference. So trader should be very cautious when it comes with exchanges and make sure he is not routed to a fraud site. The solution is super simple as we know that the crypto trading is now existing worldwide and is spreading much more with the passage of time. We can get the experience of other traders who are making profit in this business from a long time or just started with it. We should choose the right exchanges which are the leading ones including Binance, Bittrex and few more are working great. |
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Trading should be approached wisely and you need to understand that it will always only take time for you to get the desired result in the form of profit and only then this activity will begin to bring you real pleasure)
If you take it seriously and this would make you profitable, that would be more fun and entertaining. However your approach in the beginning should be more serious, it's not gambling or any game where you need luck to win, here you need consistency. Consistency and competency to choose the right source is important but you can make it happen with your efforts. It has not been an entertainment thing at all for traders and investors because they always find it difficult to deal with it according to the shifting of market. However, it is a reliable source and is not like gambling to have equal possibility to lose or win. Here, you can maximize your chances to make massive profit. |
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Yes I would love to invest in ieo. I know there is not much difference in IEOs and icos. The IEOs are less risker and if the project is good then it don't care it is a ICO or IEOs. But at this market situation IEOs are doing really great most of IEOs are giving good amount of profit. So if I have to invest I always pick IEOs over the icos. As long as the project is useful.
Someone who has been in the crypto market for few years would know how profitable it had been to invest in ICO back in 2017. It got spoiled in 2018 and now the market is ruled by IEO which is launching great projects every day. So it is very profitable to invest in IEO and enjoy the gains rather than invest in ICO and regret and cry over the spilt milk. |
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