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dreamhouse
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August 20, 2018, 05:14:04 AM |
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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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Ruffian1314
Copper Member
Newbie
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Activity: 322
Merit: 0
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August 20, 2018, 05:22:55 AM |
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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.
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JessicaHart8
Newbie
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Activity: 31
Merit: 0
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August 20, 2018, 05:27:26 AM |
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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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labilaab
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Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
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August 20, 2018, 05:33:41 AM |
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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.
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Usafstar
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August 20, 2018, 06:20:45 AM |
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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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crazymelons12
Jr. Member
Offline
Activity: 238
Merit: 4
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August 20, 2018, 06:34:19 AM |
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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!
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Ykabir
Newbie
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Activity: 5
Merit: 0
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August 20, 2018, 07:14:32 AM |
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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.
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wairawein
Newbie
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Activity: 49
Merit: 0
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August 20, 2018, 07:32:14 AM |
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Looks correct, some people worry when the market is a red, an investor needs self-confidence, investors need to look far and wide view.
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tungaqhd
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August 20, 2018, 07:56:26 AM |
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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
Newbie
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Activity: 21
Merit: 0
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August 20, 2018, 08:31:53 AM |
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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. |
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ShitTL
Newbie
Offline
Activity: 126
Merit: 0
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August 20, 2018, 08:36:05 AM |
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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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Zalaster
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August 20, 2018, 08:52:47 AM |
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"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? |
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tadung8790
Newbie
Offline
Activity: 62
Merit: 0
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August 20, 2018, 08:55:33 AM |
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Tks bro, i will save this post and read carefully
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richman3451
Jr. Member
Offline
Activity: 224
Merit: 2
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August 20, 2018, 08:56:10 AM |
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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
Jr. Member
Offline
Activity: 182
Merit: 1
ONe Social Network
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August 20, 2018, 09:00:11 AM |
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do not need to be greedy in this market. if you earned the amount you wanted to earn, remove this money
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ONe Social Network Bringing it all Together! [ ONe ]
PRESALE » 12 June | https://www.onesocialnetwork.io |
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genuin
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August 20, 2018, 09:08:55 AM |
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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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Yadamosan
Member
Offline
Activity: 193
Merit: 10
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August 20, 2018, 04:45:41 PM |
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Sometimes you lose sometimes you win, maybe at this time bitcoin is very down but if this is your only jobs i think you need to find another way to get some money for you're financial need or maybe you had a family you need to find a stable job for now dont focus on crpto market specially on bitcoin, because bitcoin is not a legal job dont hope on it.
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Rebisco
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August 20, 2018, 04:53:38 PM |
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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"
Cryptocurrencies are not just easy investment. There are people who just keep making investment even though they do not have enough knowledge. It is a bad idea because you will easily lose your money. |
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Fred3030
Jr. Member
Offline
Activity: 728
Merit: 2
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August 20, 2018, 05:01:19 PM |
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In crypto business, I always tell those closer to me never to trade with emotions and also know when to hold, what to hold and when to let go of your holding. The major problem with investors in cryptocurrency is greed, even after making a *20 so many will still want to hold just to make a *100, and when a sudden fall in prices occur they will start to trade with emotions and end up selling at a huge loss. I advise know when to exit the marlet no matter what you are holding.
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