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Author Topic: My small advice about crypto market  (Read 3542 times)
stepman
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July 23, 2018, 06:06:03 AM
 #321

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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Msworld83
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July 23, 2018, 06:10:10 AM
 #322

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
 #323

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
 #324

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
 #325

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
 #326

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
 #327

"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
 #328

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
 #329

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
 #330

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
 #331

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
 #332

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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July 24, 2018, 01:28:09 AM
 #333

fluctuating prices are very reasonable if we play in the crypto world. being a trader or investor equally well and all it takes the courage to make a decision when selling and buying. so we must be prepared to deal with price movements without putting aside risk.

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July 24, 2018, 01:56:05 AM
 #334

Crypto price turnover in the trade market is very reasonable. if we become traders or investors, surely we will experience it so we do not worry about price movements but we must be a trader or an intelligent investor to be able to take advantage of any price movements.

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July 24, 2018, 02:08:35 AM
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I agree that you should hold on if you trust the market and the coin, but it's important to keep in mind that people are prone to maintain the status quo (in this case holding on to their asset) rather than change their position. In statistics, the former is called type 2 error and the latter, type 1 error. You should constantly assess your chances of making these two type of errors equally.
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July 24, 2018, 02:19:40 AM
 #336

fluctuating prices are very reasonable if we play in the crypto world. being a trader or investor equally well and all it takes the courage to make a decision when selling and buying. so we must be prepared to deal with price movements without putting aside risk.
Exactly! Preparation and knowledge are the two important factors that we need to acquire. These would help us guide on how to be aware and be educated of what is the real deal in the field of cryptocurrency. Don't panic when market is not on our favorable side, it's a normal trend. Stay patient, positive, be hopeful, and trust that market can certainly recover.

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July 24, 2018, 02:23:24 AM
 #337

Yeah. . I agree with you. But I think between trade and hold is a difficult choice.  And what makes it difficult to choose between trade and hold is our lack of understanding of the market.  And I know  there are still many people who do not understand about market.

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July 24, 2018, 02:24:00 AM
 #338

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"

I agree with this and I have always said the same thing... If you believe in what you invest in, you are looking at the long term picture and short term fluctuations don't really matter.
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July 24, 2018, 02:29:50 AM
 #339

You must be patient and believe in what you are investing. Any risk may included, so you must be ready to be failed.
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July 24, 2018, 03:16:13 AM
 #340

Let me remind you guys the people that last year a lot of people are wishing the bitcoin and other altcoins can be cheaper so they can buy it but I don't hear that they have done it. So the mindset should be like that when the market is falling so you'll get the best of both worlds.

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