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Author Topic: My small advice about crypto market  (Read 3408 times)
stephen_fortune
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August 20, 2018, 08:31:53 AM
 #621

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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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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ShitTL
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August 20, 2018, 08:36:05 AM
 #622

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
 #623

"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
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August 20, 2018, 08:55:33 AM
 #624

Tks bro, i will save this post and read carefully
richman3451
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August 20, 2018, 08:56:10 AM
 #625

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
 #626

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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genuin
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August 20, 2018, 09:08:55 AM
 #627

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.
Yadamosan
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August 20, 2018, 04:45:41 PM
 #628

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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August 20, 2018, 04:53:38 PM
 #629

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.

Fred3030
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August 20, 2018, 05:01:19 PM
 #630

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.
kylepos
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August 20, 2018, 05:19:36 PM
 #631

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.
kemonojim
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August 20, 2018, 05:22:09 PM
 #632

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
 #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"
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
 #634

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.
Magic Sarap
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August 21, 2018, 01:19:43 AM
 #635

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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Lonthe
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August 21, 2018, 01:28:51 AM
 #636

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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btcmmo9314
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August 21, 2018, 02:26:41 AM
 #637

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.
yndye
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August 21, 2018, 02:36:12 AM
 #638

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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defriadi
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August 21, 2018, 02:53:47 AM
 #639

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
 #640

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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