People nowadays are in cryptocurrench and they see the advantage on investing and making a profit for a day and long term and they depends on the project and see their potential. And also cryptocurrency is much better for investing money than stock market because its much faster and 24/7 that you can trade anytime.
That's why more project campaigns are popping up even thou its just a copy-cat code and just changing some description and added features to make it new and unique and manipulating people about the investment for a long term percentage that it will increase in no time.
Hopefully no more new ICO and IEO because for me its just a scam campaign and its a negative impact for people are investing and just loosing money.
Crypto has so many unique features that give it edge over any other type of investment market whether it is conventional stock market or gold market. Crypto has unlimited opportunities of making money for its users. All crypto users shall understand this fact that this market is giving us financial freedom and we shall not do anything which increases chances of scamming or put people’s money in null. All users shall boycott such useless ICOs. |
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It is very hard to look in the future, especially when it comes to crypto currencies. But generally, I did not mention that any new altcoin has effected the prices of the old ones. Furthermore, there were no projects that truly succeeded.
The reason for being unable to predict future of coins is the volatile nature of the market but still some rough predictions could be made regarding famous coins. Altcoins such as ethereum have goof market and history as well. This altcoin alters the prices of rest of the altcoins as bitcoin does with it. But as far as new coins are concerned, they need couple of years in order to put influence on other coins. |
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At the moment, I prefer investing in more reliable and promising coins. Among the new projects, I don't know what can be advised for investment. It is better to focus on fundamental currencies.
Never ever go for new coins the moment they are launched because at that time, the team is giving you great offers but later on we see that the technical team stops working on their projects and lack of updates make their coin die ultimately putting investors in loss. If you have some small amount or you want guaranteed profit, then I will also suggest you coin with famous and profitable coins such as bitcoin. |
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If your job is making you feel depressed then won't continue to do that job forever. You will end up in even more depression. You might even get addicted to some bad habits like chain smoking, drinking etc or even drugs. That's why do what you like and don't follow only money or spend some time with the nature.
First of all, I will suggest you going for yoga and exercising because these thinks take negative energies out of your body and make you feel relax. Secondly try to figure out the major thing that is bothering you in your job. If it is temporary project of some person, there is no need to worry much but if the concept of your job on the whole is disturbing you, you shall try some other job which goes with your nature. |
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You have to fully understand the market so you'll get used to it.
This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.
True, everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy. We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution. People simply rely on the predictions of those people who have history of making appropriate predictions. Most of the times, these prediction makers are the ones who have deep connections with the teams of coin projects and are in touch with the whales who are capable of making hug changes in the market. In addition to this, we cannot ignore their significant market and technical knowledge. In short, not everyone can make predictions. People follow these mentors for predictions. This is already happenign before and people only relying in predictions even it is a false analysis to manipulate and make people to invest and lose money. And that is the reason why some pro traders and make a post about the chart to confuse their followers and make money by making a false prediction and this is just like a pump a dump scheme but in a different way. And it is really hard to look for a good mentors to follow that's why it is much better to self study. I have never been in favor of following others specifically for predictions regarding prices of famous altcoins and bitcoin. Most of the people are simply making followers fool and ask for money in order to help them with trading. I believe that if you are involved with bitcoin, you don’t need to follow anyone rather simply keep in mind that the coin will definitely pump no matter how much time it takes and buy low. |
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The price of the DxChain token has grown by more than 1100% since September 11, 2019 https://neironix.io/cryptocurrency/dxchain. I think this is an interesting coin which are purchased at the very start of development, but of course it is now extremely dangerous to enter it after such growth. It was growing shortly so many peoples are think little dangerous. But If you check the exchanges too much difference in price range so most are confused because two huge volume exchanges. I always concentrate top exchanges and top altcoins in crypto market, I think those are have good experience they will find the best place and best coin. Top exchanges are most of the times offering those altcoins or digital coins which are performing great and have nice future. It is always recommended going for top coins if you want to avoid any kind of significant loss and scamming. On daily basis, we are receiving news regarding inception of new coins which usually are not able to survive in the market. In order to avoid going with the wrong coin, stick to top coins. |
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If you already sell your house, and asking the majority if you made the right decision by investing on those tokens that you have mentioned, we couldn't give an advice whether it would really help you or not, it will not change anything that's been done already. Our opinions about your decision on selling your house for this kind of investment will either hurt you by hearing the truth or motivates you by telling some white lies.
That is true. As we cannot undo what is done, there is no point discussing such things. Selling house when it was the only house he owned, he has definitely pushed himself far beyond limits. If the money was invested in bitcoin and bitcoin only, things could have been different. It is safe to do some research on your own before investing anywhere. If possible, he should convert all holdings to bitcoin and start trading. |
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The present time is also very good to advertise bonuses. You should not be discouraged and do not need to wait for the altcoin season to return. Focus on investing and taking care of it.
While waiting for the perfect timing regarding alt seasons, let's explore things out, let us know when and which project is good to list at the moment. For those who are still holding altcoins, you just need to check carefully if the tokens/coins you are holding at still worth to hold at you just need to move on about it and find someone that appreciate your time and effort, find a legit one, there's still good project out there that is worth to hold in long term. Waiting is equal to wasting of time. It never happens that suddenly, out of nowhere, luck shows mercy and we get hit by big rewards. In order to achieve something, we are obliged to struggle for it. Moreover, the path is never smooth, especially this bounty hunt. It has become a tough task to find a trustworthy project at present. The percentage of fake things is much higher than the real ones. Bounty is no more a working option. |
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Maybe I will agree, but I have to know what the ultimate goal is. Do they want to benefit ?
If indeed they want to make a profit through my life story, then I want them to make a contract where the results can be enjoyed. IMO, this is fair.
That was a nice deal. I really don't think that anyone is looking to write articles or stuff about experiences of chronic gamblers and then get money out of it. The main purpose is to save others from doing same blunders and help those who want to leave this game. It will help the addicts. It is not an easy task to shake off old habits. Gambling addicts find to get rid of this game even after realizing its fatal outcomes. |
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Everyone has different options but long-term investment seems safer than day trading. I have tried day trading in the past and the focus on charts makes it easy for me to panic and often sell if I lose more than 5% of my profit. I think day trading is hard work because you face daily risks and always focus a lot so just a small mistake will make you lose money.
Based on my psychology, long-term investment will be much better because there is no need to focus too much on price increases or decreases. It may take longer than expected but if there are high profits then I am willing to wait.
You are touching a very interesting topic, even if you have the skills to profit from day trading the psychology of the trader is more important because you do not have any time to really think about what you want to do or what you think about the market like you can do if you are a long term trader, you need to take decisions in seconds and if you show any doubt about what you are doing then most likely you will make mistakes and as we know that can be quite costly. I think day trading is for those who have ability to take decisions within seconds without taking any kind of pressure of getting panicked. I am going to say that mentality which you called psychology acts as the fundamental principal in day trading. If the person is optimistic and having great patience along with as mentioned earlier great wisdom are the things required to make a day trader a successful trader. |
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Hi all,
I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?
Thank you in advance for your suggestion
For long term investment, you should buy now! Because I am sure that in a few years the price can be double or even triple, just look at the past chart of bitcoin and you will see the benefit of holding the bitcoin. And you can consider making a day trade also. Right now, it's a good season to do scalping, the pumps and dumps of bitcoin are really profitable. The market is not bullish, so every trade you are going to make is not in a high-risk position. I agree with you . Investment is now profitable in the long run and Bitcoin is pumped heavily during this period so the possibility of Bitcoin reach $15,000 is only a matter of time. I have great confidence in investing in the crypto market and always analyze before making a decision because each of my choice will directly affect profits. Of course, you also need to aim to invest and always follow the original plan to ensure profit. Crypto market is not there to make people go into financial crisis. This market has been flourishing because of bitcoin and it has reached to unbelievable prices over last couple of years. At the moment, bitcoin is repeating the history by continuously showing decent increase in value over last few couple of weeks. Right now we shall invest into bitcoin so that we don’t miss any chance of making money. |
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trading is about you and yourself , why bother to look at chatbox and get a random advice there lol.
you know nothing about trading if you are trying to get a god help through the chat box , even a desperate trader will stick to their own personal analysis rather than begging for an advice , i mean to consider it as a reference can still be justified.
but when you start trading based on people's opinion, that time you are switching yourself into a game called gambling.
keep in mind that you won't be able to become a good trader who making profit constantly overnight , there is a long way to go through.
learning and develop yourself up is the key , finding what should you do and what shouldn't you do in trading is the best teacher you'll get through trading experience by yourself without bothering people around you, keep moving on no matter you get a straight loss, it is the part of the success procces.
People rely so much on others that they forget no matter what advice they took or followed, every decision they make is still on their shoulders. People are naturally not confident to do things, so they consult others if they should do it or not. And whenever if its a failure, they would blame the person that advises them--that's a messed up mentality. If you think about it, the opinions of other people don't really mean anything for you, it only means for them. Though there are good positive advice and would really help you, still that's not enough to make you better. You need to do things your way and learn from it, failure is proof that everything isn't easy, you have to go through a lot before you achieve something good. Believe it or not, even "gifted"/talented people never stop to polish their "gift"/talents. If everyone on the forum especially traders understand this thing, I am sure they will never feel disappointed in themselves upon making mistakes in market. This is natural that we humans try to seek help from our fellows’ especially when we have to make some critical decision hoping that we will receive honest advices. Other people even if give great suggestions, they suggest as per their experience. They are not in your shoes so always try to make your own decisions. |
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1. We already have a lot of physical currencies and they appear useless in front of bitcoin.
2. There are countries where bitcoin is legal then there are those governments who are still sleeping in this matter.
3. Legality and mainstreaming is just a matter of time.
1. I'm a cryptocurrency enthusiast, but I must say that fiat money still has more use than Bitcoin to this day. And we might have to wait a few more years to confidently say that Bitcoin is way better than fiat money. Disclaimer, we are talking about "usefulness". 2. It's because they have to deal with more important matters than Bitcoin. 3. Agreed. 1. Erteria and Japan are frontiers who adopted cryptocurrency
2. Even democratic countries not trying to adopt it.
1. I've heard Japan adopted it some time ago, but this is the first time knowing Eritrea adopted it as well. 2. Democratic countries are probably the most "political" driven type of government. So I think, other matters are more of value to them than to just take their time on cryptocurrency--Bitcoin at the very least. Japan did that long ago because that country understands technology very well and it understands this fact that crypto currencies are the future. The earlier someone adopts it, the more benefits he will be making from it. It is just a matter of time before other countries of the world also adopt bitcoin like Eritrea. You are also very right about democratic countries. They are busy in other games. Japan has always been the hub of technology and world is living hell behind them in this regard. There is no doubt that Japanese are mentally prepared to see digital currencies everywhere and they are already incorporating them in their businesses and daily life trading. Not only adaptation of bitcoin is happening rather its ATM has also been launched by Venezuela which clearly indicates that people are in favor of this technology. |
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The value of bitcoin might go down a little and maybe between 7.5k - 8 and that is really a good deal and take advantage of the dip. We might not see this price again of the vakue of bitcoin breakouts to 10k and there is a speculation that it might hit 16k above by this month.
It is really hard to predict and analyse the future chwrt of bitcoin but one thing i know is to invest and this is really a good opportunity while its last. And i don't listen to fuds since they are just making people to panic to sell or buy to manipulate the market.
It's really hard to predict that is why it is better to be safe always, just hold or invest what we can afford to lose so it won't hurt that much if we did not meet our expectation. Bitcoin is always unpredictable and we are already aware of that, if for some people it is their advantage in making a lot of money, so we should do it as well, we should do short term if possible. The crypto market on the whole is much unpredictable but as far as bitcoin is concerned, market does not change quickly for bitcoin. So it would not be an exaggeration to state that bitcoin is somehow stable than rest of the digital currencies including popular altcoins. To stay on safe side, don’t invest less rather invest smartly and all smart investors buy only potential coins especially bitcoin to increase revenue. |
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in my honest opinion , YEs we need to have a strong character for that example we need to take a decision to leave gambling after we loss its a part of discipline.
If we are going to gamble make sure that we know or we have set a limits to ourselves before going to play. And of course the amount of money that we will going to spend . Even we are winning streak we should take responsibility and follow our disciplinary actions.
I think all gambling players understand this and definitely set their limits but sometimes what we plan doesn't run smoothly curiosity when losing and greed when winning makes most gambling players forget the rules that they make this is very difficult for most gambling players to control. Right mate, if a gambler want his money to remain in safe hands they will have to limit their money and not to spend over your limit. It’s important to take your hand back after that specific amount it will help you allot of control your emotions and to be really disciplined person. Those who leave hope and lose money is not good also those who become greedy and spend all at once is not good at all. |
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