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Author Topic: My small advice about crypto market  (Read 2914 times)
Alacate615
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July 09, 2018, 07:55:25 AM
 #181

It a good time to hold or invest in the crypto market. The price is quite low now which provides opportunity to invest in crypto currency for the prople who has less amount of capital.
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resty
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July 09, 2018, 08:12:59 AM
 #182

Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"



That's very true we have continue our life we don't blame on what happen the crypto market price now, we need to understand the situation of crypto currency specially in bitcoin because this volatility. we just have make our own strategy to avoid  loses if we get involve in business of crypto currency.

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kangen riko
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July 09, 2018, 09:50:51 AM
 #183

You can not influence people to do what you want, bitcoin is freedom, whether it is used for trade, investment or as a means of payment.
No matter what bitcoin you have, you will not be able to organize people. You can only manage bitcoin and your wishes, but I think it would be better if people can use their bitcoin wisely.
Phinoy
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July 09, 2018, 10:04:40 AM
 #184

FOMO (fear of missing out): Indeed, it really isn’t fun to see such situations from the outside – when a certain coin is being pumped up like crazy with huge two-digit gains in minutes. Stay off of this and think logically first.

There are lot of things you must do in crypto but the simple and easy way to not commit mistake is only cheek and re check all you have done in your account and get updated to all new in bitcoin although we are not dealing with a risk to human lives, losing your expensive Bitcoins by making mistakes trading is definitely not a fun situation anyway but as what i said you have to cheek and recheck all the activities you've done.
addeqt
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July 09, 2018, 10:09:47 AM
 #185

Thanks for the advice, I frequently use that method. It is not an option to stop buying bitcoin even if the price is high or even if the price is low. The same way to selling, it is not the price that could dictate when you should buy or when you should stop. Because no one knows when is the right time when those price reached. When I trade, the profit is much the priority than the actual price of bitcoin. One can gain even the price is so low. Sometime when you set a certain price and the price didn't reach, suddenly, the price drops and you have lost your chance to sell in a much higher price.
Kunaguero94
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July 09, 2018, 10:15:10 AM
 #186

Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"

Thank you for the advice. I usually hold more than trade because I have not had much trade experience. I will be a smart holder
Vsamuel
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July 09, 2018, 10:15:24 AM
 #187

My  small advice about crypto market will focus on being able to identify phishing sites  so you won't be a victim to a scam.  Since the crypto world is largely about making money, people are aggressively innovative in engineering ways to steal your money / funds in any form of transaction you may conduct. Hence, my advice is be careful of phishing sites and stay away from them.
gurang
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July 09, 2018, 10:24:14 AM
 #188

Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"

Well, for my advice only if you want to invest in something and be successful you need to think right or honest thoughts and just trust yourself that you can overcome it
pat4cryptoreal
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July 09, 2018, 10:31:16 AM
 #189

What is the difference between investors and holders. Any one that invested in crypto will automatically become a holder. The main difference is people that are ready to just keep the coin dormant and hold it for a long term and people that will trade within the interval of holding. Just be wise and smart with what ever you have invested in.

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July 09, 2018, 10:33:48 AM
 #190

What can I say to the crypto market is just don't give up and keep on moving.
Keep on holding your coins until you meet your price expectation. Sometimes patience is the key to success.

Belec
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July 09, 2018, 10:56:10 AM
 #191

My advice is to think before you do something,always know what you're doing.Crypto isn't a simple thing.And if you don't know anything then is better to find someone who knows what they are doing to help you.
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July 09, 2018, 10:57:45 AM
 #192

Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"


your last quote is very accurate. However there are always some events you're not able to predict, therefore the word speculation is fully at place in my opinion. Just be careful

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Westinhome
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July 09, 2018, 11:02:41 AM
 #193

Well ill have some few advice if we enter in cryptocurrency and if we are the first time to doing this.
My advice is to keep more searching even if you will learn in a month or years but it cannot make it a year ill think a month only. And be aware to those phising some of them it will can get your all money you have.

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Jetakenare
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July 09, 2018, 11:02:55 AM
 #194

I mist agree. The best course is to get knowledge and learn to trade. Every market will be volatile with  price movements in both directions. The smart trader learns to flow with the market. I recommend learning the forex trade first since there are more educational materials there.
minldem
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July 09, 2018, 11:03:20 AM
 #195

Yes, the best think to do learn the system first and analyze it with all its pres ad cons. Spending your savings would not be a easy thing.

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July 09, 2018, 11:06:21 AM
 #196

What can I say to the crypto market is just don't give up and keep on moving.
I am to you fellow. Yes, you are so right. What we need here is very long patience and a strong faith. Let us all be an optimistic persons. Not all the times market is down, it will eventually down.
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July 09, 2018, 11:31:05 AM
 #197

The best thing to do when joining the bitcoin community is to learn everything about bitcoin world. It is really a must for all of us to get to as much information as we can so that we will be able to learn its ins and outs. Being knowledgeable about it is a great advantage, and to do it we must be very keen to all the details when doing our researches. And with all of these, we must also be patient and never give up on it.
krishnaverma
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July 09, 2018, 11:46:23 AM
 #198

Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"

That is why I advice all crypto investors to :

1) Invest in a coin only after doing proper research regarding past performance and upcoming changes or developments.

2) Invest only  the amount of money they ca afford to loose. This will help them remain patient.

3) Invest in solid coins only in the beginning.

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bp124
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July 09, 2018, 11:49:39 AM
 #199

Well i agree with you perfectly and what amazes me in this forum is that anytime the market goes down a little bit people start to engage in all sorts of cheap trade and panic sales. I get quite surprised when people do this and i think it is high time most crypto noobs get to understand about the volatility of bitcoin and other cryptocurrencies so that they can hold and invest anytime the market goes down because that is one of the ways you can earn from crypto.
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July 09, 2018, 11:53:38 AM
 #200

A small thing to advice me isn't to worry too much about the price down for just a moment. All have a process to reach upwards.

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