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Author Topic: My small advice about crypto market  (Read 2902 times)
yurekaa
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July 24, 2018, 01:28:09 AM
 #341

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
 #342

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
 #343

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
 #344

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
 #345

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
 #346

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
 #347

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
 #348

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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July 24, 2018, 04:25:47 AM
 #349

What can I say to the crypto market is just don't give up and keep on moving.
Nobody should give up as they must keep moving forward with life. However, there are people who get scared easily. Those people will influence other people until the community grows. It is not a good thing to spread your fear on this forum. There are also people who are spreading hatred toward bitcoim because the price has dropped. And those people will influence the others until everyone hates bitcoin and stops investing in it. No one should follow others blindly. If you want the price to grow, then spreading fear or hatred will not make it increase again.

Being in crypto market requires two important things. If you are a holder, you must have a lot of patience for bitcoin price recovers for a long time. And if you are an investor, you must be a risk take because you’ll he encountering so much market fluctuations here.

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July 24, 2018, 04:38:29 AM
 #350

I can only recommend that to invest in this market you need to know how to run under the shark. Know the shark's psychology, you will get a profit.
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July 24, 2018, 04:48:14 AM
 #351

..you must make sure that you are investing the amount that you are afford to lose..everyone involve and engage in the world of crypto should be knowledgeable in the flow of the market..you should be patient and be on a hard work, believe o what you are investing and make sure that you will not neglect yourself and other thing related to you.

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July 24, 2018, 04:54:42 AM
 #352

I thought being a holder more easier than be an investor right  Grin .
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July 24, 2018, 05:24:57 AM
 #353

I totally agree with you. Hence, I want to add one more important thing - you should divide your investment between different assets. In such a way you will have higher chances of a success. I have found a trustworthy Token Sale project. It is called Socratus. It is a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. They are aiming to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices.  It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.
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July 24, 2018, 05:30:44 AM
 #354

I totally agree with you. Hence, I want to add one more important thing - you should divide your investment between different assets. In such a way you will have higher chances of a success. I have found a trustworthy Token Sale project. It is called Socratus. It is a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. They are aiming to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices.  It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.


Crypto market is market where you could either earn or lose. You should have patience and good strategy when you’re about to enter in this world. Price volatility here is so high that what makes it riskier than any other investments.

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July 24, 2018, 05:40:47 AM
 #355

This is an open to everyone that if you want to invest in cryptocurrency, you really need to have a wide knowledge about it and you need to search and study what is crypto. This will help you to know where is the better choice to invest.
Actually, you must have enough knowledge about cryptocurrency before you invest on it so that you can gain income and money. If you want to get involve in cryptocurrency you must have brave heart and you must know that market is not stable so that there is chance you could hold your bitcoin. Investing in any cryptocurrencu is very risky but it could end up in a good things like being rich.

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July 25, 2018, 08:58:32 PM
 #356

IMO, holding is kind of starting point for new traders. They can buy some crypto, hold it and in the same time continue studying the aspects of trading, strategies, and other crypto-related stuff.
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July 27, 2018, 03:51:46 AM
 #357

The first my advice,  the important factor that i'd like to share for you before get into that world is the patience. the second, you should separate your fund into many part for investing long term and short-term. as for me, i spend 30% of my asset for holding. the third, discipline is the key for trading in crypto market.
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July 27, 2018, 04:43:36 AM
 #358

What can I say to the crypto market is just don't give up and keep on moving.
Yes true passion that you provide is excellent. that certainly remain consistent in investing in the market despite the unstable price of crypto. but by continuing to monitor market crypto you can see the percentage and can consider the market price of crypto at any time
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July 27, 2018, 05:03:33 AM
 #359

Crypto market is very dangerous for newbies my first advice not invest your money in scam project please​ read all points about project and white paper.and give help masters in  crypto.
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July 27, 2018, 05:41:15 AM
 #360

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"

OP is right. Don't ever be afraid of price and market crashes because it is only a good way to attract a lot of newbie investors to buy a lot and make the market stable again. I believe that through red days, we finally are capable of investing a lot on cryptocurrency.

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