Blessing97
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August 31, 2018, 08:50:54 PM |
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One cannot fully master all aspects of the cryptocurrency market space as the entire space is affected by several factors, both predictable and unpredictable. So no one can really say for sure at all times with regards to the direction of bitcoin at any point in time.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Naughty Princess
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August 31, 2018, 09:25:15 PM |
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i think must hold longterm can get profit
if all coin sell, is lost much money
I agree. The price drops drastically which is what you could not expect after investing which make you lose it but when you sell everything you only cut your lose while the truth is you had a big lose and gaining profit. For the time like that better to hold your coin and wait for the good time to sell. Selling everything when price down cannot help the price to rise but contribute on fall for more decrease. Hold because that way your investment gonna be worth good from long term. Do not waste what all you have, there is a good time for it. |
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Vickyrichy
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Activity: 209
Merit: 12
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August 31, 2018, 09:41:26 PM |
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
I'm so sorry you feel this way. But i don't think i agree with you. Being too greedy can make you lose about 70% of your initial capital which you started with in crypto investment. Crypto investment is not about how high the price is or how high the price can be. It is about knowing how the market trades and the trend at which people are trading. Once you understand this, you can invest without losing funds |
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adzino
Copper Member
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Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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August 31, 2018, 10:00:31 PM |
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I'm so sorry you feel this way. But i don't think i agree with you. Being too greedy can make you lose about 70% of your initial capital which you started with in crypto investment. Crypto investment is not about how high the price is or how high the price can be. It is about knowing how the market trades and the trend at which people are trading. Once you understand this, you can invest without losing funds
There is nothing to be sorry about. He knows what he was into and exited when he actually saw the real risk and now started to spread fear? Anyways, how do you know it is only 70% of the initial investment you will be losing? Just some random numbers? You can be losing around 100% of your investment if you do not know what you are doing. Do keep this in mind that just learning the trend won't be making you risk free. There is always risk associated in trading no matter what you follow. |
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Babatunde1989
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August 31, 2018, 11:45:09 PM |
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There is no one can really say for sure at all times with regards to the direction of bitcoin at any point in time because Bitcoin is unpredictable for now
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Alexbenua97
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September 01, 2018, 12:18:52 AM |
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Yes this is accurate! I also lost a lot of trading. I wish I kept everything long. But this experience, albeit negative
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yansen
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September 01, 2018, 01:42:34 AM |
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then why can bitcoin last up to 9 years? while you say the bitcoin market won't be long! You say that because you got a loss from Bitcoin and were disappointed. some bitcoin developers continue to make the latest financial technology from blockchain, but you choose not to understand that ... really bad life. consider something that makes you lose is a pyramid scheme. while the main mistake is in yourself.
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Tahir460pk
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Merit: 4
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September 01, 2018, 01:54:32 AM |
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I think it's a frustrated decision that sell everything because as now a days prices of bitcoin down you can loss much so if you have personal needs and no money for it in that case sell otherwise wait and hold.
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DoublerHunter
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September 01, 2018, 01:56:25 AM |
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Don't sell everything just for buying something because you will regret it at the end of the day and the best thing to do right now is to just sacrifice something for getting into something that is worth it like selling some of your items that you are not using anymore and use that cash to buy some bitcoin or other cryptocurrency that is worth it for investing.
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matthew1981
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September 02, 2018, 10:05:58 AM |
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You should not sell everything because you loose it all. Maybe sell half or three forth of it and wait until sa price goes high again. You made a really big mistake but still it can be corrected. Invest, earn and hold until the right time comes and I assure you this will make yourself proud for doing the right decision.
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CCIORACLE
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September 02, 2018, 10:09:21 AM |
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You really stemming from a good angle of debatable point and sorry for your lost but i think at least if you can make you initial investment out of it, it would be preferable to opt for long term investment if only you not in need of the money. And that could give a sounding hope of good yield.
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coin-investor
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September 02, 2018, 10:19:04 AM |
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But it took you several months to leave this forum judging from your last post which is two months ago, some of your post are right and it takes a good decision on your every investment to really make a profit, it is not different from forex and other investment program in this world.
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Missterio
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September 02, 2018, 10:32:12 AM |
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I think you should stay to get a good profit. I think that it remains to wait not so long.
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Nanacoin
Newbie
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Activity: 28
Merit: 0
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September 02, 2018, 10:43:20 AM |
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I know someone who sold all his bitcoins just two months ago and he regrets because the market has started showing green.
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amezov
Member
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Activity: 294
Merit: 10
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September 02, 2018, 11:10:47 AM |
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I think that at the moment it's too early to sell a crypto currency! Very high probability of the fact that all the way back again to the sky
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gokudera
Member
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Activity: 256
Merit: 36
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September 02, 2018, 11:36:14 AM |
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
I think that is a bad idea to sell everything you have because what if the th8ngs that you did not expect happen, you will only regret. I think it is better to sell the half and hold the half. |
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Masatos
Jr. Member
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Activity: 182
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September 02, 2018, 11:47:08 AM |
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how many people have so many opinions but it seems to me that bitcoin is not a pyramid at all but a revolutionary technology
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Pasaway2701
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September 02, 2018, 11:55:20 AM |
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i think must hold longterm can get profit
if all coin sell, is lost much money
It can give big lose when going to sell everything for the price lower than you purchased it. When the coin has potential to grow, hold it strongly because the price will recover even how long it takes. Investing is taking risk and you have to face and pass it so that it gonna worth. |
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crazymelons12
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September 02, 2018, 12:07:56 PM |
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On some points I do see that you have the point. The idea of a see-saw is what seems to be a correct argument. Consider that while somebody gains profit after selling his coins, it could be that somebody loses value of his coins. As the coin is valued high due to new investors coming in, the ones who have bought at lower price will sell their coins thus giving them the chance to gain from what the new investors have just paid. But I do not see this as a scam rather it is just business and when you mean business it is eveything or anything that you can do or share for as long as you did gain profit.
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Checkoi
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September 02, 2018, 12:12:13 PM |
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This post was written by the author in a pagal mood, so I think it is not worth taking these words for truth
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