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Author Topic: My small advice about crypto market  (Read 2906 times)
Rebisco
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August 20, 2018, 04:53:38 PM
 #641

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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August 20, 2018, 05:01:19 PM
 #642

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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August 20, 2018, 05:12:43 PM
 #643

 agree that you should hold on if you trust the market and the coin,and Preparation and knowledge are the two important factors.Stay patient, positive, be hopeful, and trust that market can certainly recover.
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August 20, 2018, 05:19:36 PM
 #644

My small advice is just be responsible every time your doing a transactions. Make sure you are using the legit site or any links. Be careful always because it might be your account will be the target of this cyber thief.
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August 20, 2018, 05:22:09 PM
 #645

true, you have to understand the market first. for example bitcoin market is a rollercoster that goes up and down but eventually ends up higher than where it started at even if right now you are seeing the downside of it.
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August 20, 2018, 11:42:51 PM
 #646

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"
Thanks for the advice. Let hope people learn from this.

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MiukoOk
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August 21, 2018, 12:56:16 AM
 #647

In my opinion, investing in electronic money has exploded into a form of worthwhile investment recently, as the number of millionaires and billionaires suddenly increase at the end of 2017. Of course the consultation Antecedents of experts before buying coin or token are needed, but many people find it difficult to grasp the rules, so they often decide to go straight to the investment after being satisfied with the price and the distraction. guess around electronic money. So before making a decision, think carefully and be sure not to lose money.
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August 21, 2018, 01:19:43 AM
 #648

In my opinion, investing in electronic money has exploded into a form of worthwhile investment recently, as the number of millionaires and billionaires suddenly increase at the end of 2017. Of course the consultation Antecedents of experts before buying coin or token are needed, but many people find it difficult to grasp the rules, so they often decide to go straight to the investment after being satisfied with the price and the distraction. guess around electronic money. So before making a decision, think carefully and be sure not to lose money.
We all know the codition of price of coins in the market. As the time goes by, its getting worse and worse. Ive seen the price of bitcoin drops about 6k and also the price of other altcoins dropped. I am advicing you just to keep calm, and dont sell your coins in this condition, you will just make the value of coins worse.

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August 21, 2018, 01:28:51 AM
 #649

In my opinion, investing in electronic money has exploded into a form of worthwhile investment recently, as the number of millionaires and billionaires suddenly increase at the end of 2017. Of course the consultation Antecedents of experts before buying coin or token are needed, but many people find it difficult to grasp the rules, so they often decide to go straight to the investment after being satisfied with the price and the distraction. guess around electronic money. So before making a decision, think carefully and be sure not to lose money.

In investment, of course there are many things to consider, most investors think that bitcoin investment will be profitable, but when they get prices down by 10% most of them panic and choose cut loss instead of waiting.

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August 21, 2018, 02:26:41 AM
 #650

Looks correct, some people worry when the market is a red, an investor needs self-confidence, investors need to look far and wide view.

Most people entering the market do not have much experience with crypto. So when the market drops deep they panic and sell. Experienced investors see it as an opportunity to buy. In my opinion people should be calm and patient not to sell when the market is red.
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August 21, 2018, 02:36:12 AM
 #651

Looks correct, some people worry when the market is a red, an investor needs self-confidence, investors need to look far and wide view.

Most people entering the market do not have much experience with crypto. So when the market drops deep they panic and sell. Experienced investors see it as an opportunity to buy. In my opinion people should be calm and patient not to sell when the market is red.

However, some do sell as an opportunity to buy at a lower price even though they would sell at a loss because they know that when the price drops, it drops hard. You can consider it as cutting loss too and then buy back when it is cheaper because if you remain holding watching the price going down, it may take some time for the price to recover and even if it would turn around when reaching a support, you may still be at a loss if you already lose more than half of its value.

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August 21, 2018, 02:53:47 AM
 #652

yes you really say, to invest it must require other than capital assets also need strong confidence. don't be afraid when prices are unstable, that's the key to true investors. if you are afraid of seeing unstable prices, you are not fully worth investing.

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August 21, 2018, 03:00:39 AM
 #653

Thanks you for your advice ! I always believe in Bitcoin.... I am Hodler from 2017, my budget is decreased half, but I still believe bitcoin will reach 20.000USD at the end of the year.
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August 21, 2018, 03:09:15 AM
 #654

Maybe we can take the opportunity to buy lots of coins when the market is very down. That way we can get a lot of profit when the market goes up.

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August 21, 2018, 09:16:04 AM
 #655

The most important thing is to try as much as possible not to loose money. So for a newbie without any knowledge of cryptocurrencies trading, it is important to just hold your cryptocurrency. You have to learn how to trade very well before you can have the confidence to trade and earn.

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August 21, 2018, 10:02:34 AM
 #656

My own advice for you,don't need to panic about the situation of the market presently and this can makes to record the best success that you have never experienced before in the history of crypto world,all you need is patience.
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August 21, 2018, 08:30:25 PM
 #657

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"
Actually I know all that but it is hard to live by knowing this, especially when all the people around you would say to you that bitcoin is a bubble and it appears to be popped out already.

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August 21, 2018, 11:04:01 PM
 #658

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"
Good advice, just that many people are here to make quick money as a result they don't even care to know the advantage of long term holding. Instead they prefer instant little profits which makes them to be disappointed and start calling crypto scam. The truth is there's money in crypto investment but you need to be patient if you want to enjoy here.

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August 21, 2018, 11:10:33 PM
 #659

Thanks for sharing your advice and for the useful information we can use. To my mind, such pieces o advice are valuable and nobody will be able to succeed without following such pieces of advice

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August 22, 2018, 12:06:36 AM
 #660

HODLing your bitcoin is not a bad idea at all. Just that what baffles me is the fact most people are always encouraging all and sundry to hold their crytocurrencies. what will happen if everyone HOLDS and no one SELL? How will the currency rise?
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