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Author Topic: My small advice about crypto market  (Read 2904 times)
PortiaMMattison
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July 23, 2018, 03:06:49 AM
 #321

Thank your advice, in the past I met many problems when I invested into crypto but after the period I joined it, I see that it is not too difficult to trade Grin
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July 23, 2018, 03:21:11 AM
 #322

I don't feel brave nowadays. If only the market will go up and down as usual but no, it does not happen anymore. I see my altcoins recover 10-15% and then after 2 weeks, I see it losing almost 150% on its value. This year is just really bad and no advice will work on the worst year of crypto.

Such is the virtual world that can not be predicted when it will experience a loss or will experience huge profits in the can.

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July 23, 2018, 03:23:52 AM
 #323

Blind investment will put you in either two positions, over-confidence or panic. Blind over-confidence may sound not too dangerous but it may actually be the cause of your failure. There are investors who are trusting too much to the point of blindly holding without definite terms and enough research. There are markets that failed totally, resulting to coins having no more value at all. Panic is also one result since the investors who are not well-informed might react too much to a temporary market fall.


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July 23, 2018, 03:34:26 AM
 #324

My small advice would probably be, never get yourself fooled by phishing scams and educate yourself, engage more to gain knowledge and experiences for a better investment. Also, don't forget to update yourself with cryptomarket news.

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July 23, 2018, 03:37:51 AM
 #325

My small advice would probably be, never get yourself fooled by phishing scams and educate yourself, engage more to gain knowledge and experiences for a better investment. Also, don't forget to update yourself with cryptomarket news.

my simple advice to you is think carefully before you doing one things. not only in this industry but in every decision you have to make. we know that in this industry, big money is involved here. and I know that we don't want to waste our money in just instant like for those scammers, , phishing and etc. just think carefully.


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July 23, 2018, 04:11:12 AM
 #326

Crypto market will always be like that like yoyo, like roller coaster it goes up and down from time to time...good thing its not always down, but there is up too, and whenever these changes occur it gives us a chance to sell and trade, to hold and wait.

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July 23, 2018, 04:27:33 AM
 #327

Your advice is you must accept that Crypto market is always include risks. Therefore, you should think carefully and be intelligent enough in order not to suffer a loss
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July 23, 2018, 05:54:49 AM
 #328

I totally agree with this, the market has a fair share of ups and downs moments, for you to stay strong through all these as an investor, you have to ensure that you have the trust and understanding on what you are investing at. I would also want to recommend this new and high potential ICO project called EON, it is the first decentralized game network. You can research more about it and I am sure you will also see the great potential this project can give since it is very in especially for this generation who are very much into gaming,interacting and meeting people and gaining new friends through this platform has come to a whole new level.

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July 23, 2018, 06:06:03 AM
 #329

everyone that if you want to invest in cryptocurrency, you really need to have extensive knowledge about it and you need to find and learn what is crypto. This will help you know where better options to invest As much as it is good to make money with market movements, nothing as important as actually taking time to learn the company. At least you know that the coin has real value.
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July 23, 2018, 06:10:10 AM
 #330

Yes, self esteem is very important when trading and knowledge take it all, trading might be stressful but it has gain and time taking also require knowledge in TA and self esteem to really take the action because many are afraid of loosing what they have even after knowing little about the trade but to be confident in yourself also go along way .
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July 23, 2018, 03:22:48 PM
 #331

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"

This makes a lot of sense. It's a cycle and eventually good times will come. The thing is just there will be times when it will take a very long duration before the cycles moves and if you're not prepared for that, you'd be pressured by dumps and crashes to decide to opt out at a loss. Regret will come afterwards.
You have said it all. Once you understand that it is not a must that a market kept it upward movement, that a downside can also come (cyclical movement), then you have to take a very good position at every instant. If it happen you make a bad judgment of a coin and probably buy at all time high and the market started it downward price movement . Accept your lose by selling at a short loss( if you are a short time trader or day trader) and move on but if you a holder, keep calm, the market will likely recover with time... But my advice is do not be a foolish investors,  understand the market before you dwell in.
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July 23, 2018, 03:56:02 PM
 #332

Keep holding and also not being a panic selling is the best advice I feel. Because most of those who often lose out on their investment, they just do not keep it up. So stay patient and keep holding when the market is dipped and must be strong by not being a panic selling.
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July 23, 2018, 04:08:41 PM
 #333

Many people in this world have many suggestions and these suggestions are definitely average vary. If my personal advice is about the crypto market, we must stay strong with the bad news of the crypto market and always be optimistic with any circumstances.
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July 23, 2018, 04:14:24 PM
 #334

Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"

How do you make money from pullbacks and market crashes in crypto? I know a way in the traditional stock market but not in crypto.
Yes I agree with you we have to trust with cryptocurrency, that they give us advantage if we invest with them and even can make us become rich.
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July 23, 2018, 06:18:08 PM
 #335

"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"
EXACTLY! This is where opportunist people get into business. We, those people who are afraid can't get into where we wanted to go to. But those opportunist be there anytime they want to.  Be an opportunist people.


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July 23, 2018, 06:38:11 PM
 #336

cryptocurrency is an internet coin and already many people in the world use bitcoin and other cryptocurrency coin. And the current crypto market is not good enough, but I still believe that the crypto market will be back to normal.

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July 23, 2018, 07:41:27 PM
 #337

Many people just speculate thinking that they are investing. They invest in whatever projects they can find just to make more money. And when the market goes down, they sell the losses because they know they've bought low-quality coins. As much as it's great to make money with market movements, nothing as important as actually taking time to learn the company. At least you know that the coin has a real value in which a better choice to invest.. Smiley Smiley
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July 23, 2018, 07:47:55 PM
 #338

Don’t start trading unless you have the optimal conditions to make the decision to start a trade and know when and how to get out of it. Pressure almost always creates losing trades.
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July 23, 2018, 07:50:31 PM
 #339

Not a bad time if you have a proper plan, if not wait a bit. Actually keep strong known as precious terms. I honestly feel that its probably gonna stabilise at this level so wait until it turns out. Don't be stupid sorted Bitcoin at this position, otherwise will regret later.
not just to be easily giving up for the chance that you know you may be rewarded for as what your patience can be applied make sure that you know everything and you have to be more aware on what you may also have to do with , everything here are need to stay calm and dont be greedy and immediate for everything.

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July 24, 2018, 01:19:56 AM
 #340

Don’t start trading unless you have the optimal conditions to make the decision to start a trade and know when and how to get out of it. Pressure almost always creates losing trades.

True, you're right my friend, pressure is always there. Pressure or panic is only natural emotion in trading, if you want to start trading eliminate that kind of attitude and be wise, invest wisely and make a good strategy to earn profit.
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