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Author Topic: My small advice about crypto market  (Read 2904 times)
Jake Virus
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August 20, 2018, 04:58:48 AM
 #621

Those who invest in BTC tend to get itchy fingers when BTC stagnates and alts go up. Sure, going into IOTA or ZCash can be a brilliant move at times… at other times you’ll be holding the bag while everyone moves back into BTC. Stick with coins you know and like, but consider always being partly in BTC (not 24/7, but in general). This advise applies somewhat to Ethereum as well, but first and foremost BTC is the center of the crypto economy.


Cryptocurrency market includes a lot of risk. Market fluctuations happens a lot in here. Price pumps and down almost everyday. My piece of advice is that when this things happen do not get frustrated and do nit engage yourselves on panic selling because market will recovers eventually no matter what.

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Amber73McCoy
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August 20, 2018, 05:07:47 AM
 #622

Yes, this is absolutely right we must know and learn the cycles in crypto because this is a great point for us to become more accurate in our decision in the future. many people and beginners have still didn't understand the volatile price in the market and investment.
dreamhouse
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August 20, 2018, 05:14:04 AM
 #623

You invest whatever you afford to lose, there's no certainty in market, all are guesses. No one can predicate market, so there's no real smart investor or hodler there.

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August 20, 2018, 05:21:47 AM
 #624

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Ruffian1314
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August 20, 2018, 05:22:55 AM
 #625

I totally agree! Only newbies in this industry will gets afraid of pullbacks and market crashes due to lack of knowledge in cryptocurrency. They don't know that its only natural in this type of industry to have fluctuations like we got right now. They need to be educated in bitcoin so they don't lose all their money.
JessicaHart8
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August 20, 2018, 05:27:26 AM
 #626

there's a lot of people who are panicking when they see that market is dropping some of them are regretting their decision in the end. and it's a great opportunity to buy and hold altcoins which has a great potential in the near future.
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August 20, 2018, 05:33:41 AM
 #627

You are right. But today as almost all of us are experiencing global crisis is somehow risky to hold anymore regardless of individual's state in life maybe rich or poor that made him to decide to either hold still or sell not risking his own life needs. I think its a matter now of patience.

Usafstar
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August 20, 2018, 06:20:45 AM
 #628

I have read too many opinions about crypto market and my advice about crypto market is for now to hold your crypto for the time when the market is normal and i have advice this to every one who love crypto to not sell your coins in the market but use your coins for the business transactions and it is really a good way to enhance the crypto usage.

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ShannonBake88
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August 20, 2018, 06:30:38 AM
 #629

I agree. The market will not be forever down. All comes down must comes up. So whenever Bitcoin and other potential coins decreased substantially, take it as an opportunity to buy.
crazymelons12
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August 20, 2018, 06:34:19 AM
 #630

I agree with your nice suggestion. Do not worry and just keep going on. But I think you also need to consider loses because when your money drops to a certain level and you are still holding your coins as is, I think it would be hard for you to pull back and wait for those chances. I do think that we also need to reset and hold as much coin when we can while it is at the bottom and not just purely holding it. Keep it dynamic, I guess that would be nice. Hold it for long term but we also need to sell it out!
Ykabir
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August 20, 2018, 07:14:32 AM
 #631

Indeed, in playing crypto currency we must equip ourselves with deep knowledge. Without such knowledge then we do not have the courage to take decisions and if you have the courage then we will be prone to take the wrong decision. I am sure if we have deep knowledge then any market condition does not make us panic. When we have knowledge then we will also implement a strategy that is certainly intelligent based on our knowledge and science. Market conditions are a reasonable condition because the trading cycle is sometimes above and sometimes also below. the key, we must be patient.
wairawein
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August 20, 2018, 07:32:14 AM
 #632

Looks correct, some people worry when the market is a red, an investor needs self-confidence, investors need to look far and wide view.
tungaqhd
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August 20, 2018, 07:56:26 AM
 #633

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 you, the red market is a big chance for us to earn more money than daily trading. Newbies should buy and hold in this time or find some new altcoins to trade.

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stephen_fortune
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August 20, 2018, 08:31:53 AM
 #634

If you want to be successful in the cryptocurrency space then you will need to have the knowledge of how it works. At least try to know a little for a start in order to be able to buy and hold. Trading requires a lot of learning but since it is doable, making it won't be an issue.

I am agree that when we decide to invest on crypto we should understand about crypto in general. Some investor prefer hodl their coin because believe its long term project and some peoples speculate market movement by trade

The best and safest investment is to divide into various types of coins, I am always confident and optimistic that the future of crypto will continue to improve so that the crypto invest will make us successful, in addition to dividing into many coins of course be patient is the best strategy when the market is dropping.

I'd be careful about that though because some coins can be scams. They're not so easy to understand these days. Lots of coins have been inflated artificially on various pump & dump schemes that are just so the owners can make a quick win off of poor suckers like you and me.

Bitcoin is safer, the safest actually. As far as I'm concerned, there's no coin that is stronger than it in terms of security. If you want to diversify, consider other investments outside of bitcoin as well. Some fiat is useful to have at times as well.
ShitTL
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August 20, 2018, 08:36:05 AM
 #635

If someone needs to ask me for advice on investing in the digital forex market, I would advise you now to buy more ethereum investments because I am sure ethereum will rise up and give you the best profit.
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August 20, 2018, 08:52:47 AM
 #636

"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"
Many people want big money at once, but they do not understand what laws the market works by. When someone regrets the red market, others rejoice. They are waiting for the moment when they can buy at a low price. I'm sorry, but many do not understand this, but it's their problem, is not it?

tadung8790
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August 20, 2018, 08:55:33 AM
 #637

Tks bro, i will save this post and read carefully
richman3451
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August 20, 2018, 08:56:10 AM
 #638

my advice is always to invest in a few coins, but at the same time that would always be what percentage was invested in bitcoin as many rapidly growing promising projects that will ensure a guaranteed growth of your investments

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Garrixx
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August 20, 2018, 09:00:11 AM
 #639

do not need to be greedy in this market. if you earned the amount you wanted to earn, remove this money
genuin
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August 20, 2018, 09:08:55 AM
 #640

I agree with your nice suggestion. Do not worry and just keep going on. But I think you also need to consider loses because when your money drops to a certain level and you are still holding your coins as is, I think it would be hard for you to pull back and wait for those chances. I do think that we also need to reset and hold as much coin when we can while it is at the bottom and not just purely holding it. Keep it dynamic, I guess that would be nice. Hold it for long term but we also need to sell it out!
In collecting coins, in my opinion it is necessary to look at the roadmap and the white paper that dev publishes to all of us. If we mistakenly accumulate coins, it can be fatal as a result that we can experience.

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