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Author Topic: Some tips for newcomers to the cryptocurrency market  (Read 167 times)
lamthanh3462342
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August 23, 2018, 04:41:32 PM
 #1

  This market is a market that is manipulated. We have miners who verify transactions, have additional insider trading floors, ICOs, pump and dump assemblies, sharks and whales, things they do. is to make a profit for themselves rather than anyone else. With a person you do not know, do you think they can withstand heat? There may be people who are really good but no one can say anything, preferably not one.
  Second, the cryptocurrency market is not like the stock market, in cryptocurrency we have cryptography, blockchain technology, market psychology, economics, etc., and many other applications can be applied to the field, So when someone says they are expert in the field of cryptocurrency, get them aside.
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August 23, 2018, 05:55:02 PM
 #2

Cryptocurrency is a digital asset that works as an exchange and secures digital financial transactions. All digital coins are used in cryptocurrency ie all digital currency acts as cryptocurrency. However, congratulations to the world of newcomers and call on them to be very careful.
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August 23, 2018, 06:19:53 PM
 #3

  This market is a market that is manipulated. We have miners who verify transactions, have additional insider trading floors, ICOs, pump and dump assemblies, sharks and whales, things they do. is to make a profit for themselves rather than anyone else. With a person you do not know, do you think they can withstand heat? There may be people who are really good but no one can say anything, preferably not one.
  Second, the cryptocurrency market is not like the stock market, in cryptocurrency we have cryptography, blockchain technology, market psychology, economics, etc., and many other applications can be applied to the field, So when someone says they are expert in the field of cryptocurrency, get them aside.
Yes, you are right this market is manipulated, just like the us dollar, Euro, franc and other currencies. Why are you surprised? There is now a Trade war is America to China announced, is also manipulation. Well, we feel better.... We need to go on living and working. So less surprised by the usual.

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August 23, 2018, 07:05:55 PM
 #4

This you learn in the youtube channel and the website of each country have. The first step, the new person. They write a lot and how important you do. New people should learn skills and psychology before joining. Do not go through greed and thoughtless action will not have good results. Everything else is theoretical. Wink

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August 23, 2018, 07:48:05 PM
 #5

I agree the most with last post the best tip of all is do your reaserch before you invest ,when you are ready to invest dont just listen to someone else opinion and rush up, better stop think twice and do your resarch twice try to collect as much information you can...many of us did that mistake to invest before you fully understand in what youre getting your self into ,because its not just understanding basic things about crypto its about understanding how blockchain technology works
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August 23, 2018, 11:55:47 PM
 #6

Yes, crypto is a fluctuating market. Before you enter Crypto, you must know what crypto is and the system. also identify the risks that you will receive and prepare your mentality to trade.
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August 24, 2018, 12:31:09 AM
 #7

  This market is a market that is manipulated. We have miners who verify transactions, have additional insider trading floors, ICOs, pump and dump assemblies, sharks and whales, things they do. is to make a profit for themselves rather than anyone else. With a person you do not know, do you think they can withstand heat? There may be people who are really good but no one can say anything, preferably not one.
  Second, the cryptocurrency market is not like the stock market, in cryptocurrency we have cryptography, blockchain technology, market psychology, economics, etc., and many other applications can be applied to the field, So when someone says they are expert in the field of cryptocurrency, get them aside.

That's right. If you want to be successful in cryptocurrency market, you have study the whole system and be ready for many downs and ups. Always stay in relax mode even if the market is not in good condition.

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August 24, 2018, 12:33:50 AM
 #8

  This market is a market that is manipulated. We have miners who verify transactions, have additional insider trading floors, ICOs, pump and dump assemblies, sharks and whales, things they do. is to make a profit for themselves rather than anyone else. With a person you do not know, do you think they can withstand heat? There may be people who are really good but no one can say anything, preferably not one.
  Second, the cryptocurrency market is not like the stock market, in cryptocurrency we have cryptography, blockchain technology, market psychology, economics, etc., and many other applications can be applied to the field, So when someone says they are expert in the field of cryptocurrency, get them aside.

That's right. If you want to be successful in cryptocurrency market, you have study the whole system and be ready for many downs and ups. Always stay in relax mode even if the market is not in good condition.

I suggest the newbies to take their time to study how cryptocurrency works and dont hastily go into trading or they will meet their moneys demised. More knowledge about cryptocurrecny trading more chance of getting profits. There are many groups and article you can find on the internet that is useful to help them know about trading mechanics.

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August 24, 2018, 12:38:01 AM
 #9

i agree with all. Just invest what you can afford to lose, get comfortable with and not get in financial difficulty if everything goes bad. Don't go fomo on coins that rise high in price in a couple of days. Wait for a good buy in. I learned from my mistakes and i rather miss a good deal than fomo on a coin that does not go up anymore. Wish the newcomers all good luck.
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August 24, 2018, 12:57:30 AM
 #10

Cryptocurrency market is exactly like stock market, except not that big stock market, but penny stock market. Both markets are volatile, sensible to news, rumors and manipulation, have pumps and dumps and tons of scams. I won't be surprised if many of the ICO and altcoin scammers actually have background in penny stocks or at least borrowed a few tricks from them. The other similarity is high rate of failure among honest startups, because the tech is highly experimental and not easy to apply. Only Bitcoin is different here, because unlike alts it has strong fundamentals, yet still it's quite volatile and subject to manipulation.

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August 24, 2018, 01:24:47 AM
 #11

From the explanation above, it is clear that crypto market is indeed speculative. and the risk of whales manipulation is also great. therefore my advice is for newcomers, it is better to focus on the bounty campaign, while studying the crypto market well.

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August 24, 2018, 02:37:24 AM
 #12

The manipulation is true and no guarantee that it will be true if they say they expert and the market price will grow rapidly they actually trying to manipulate as. Don't always base on other opinion make your own research about what our the risk in that time and what kind of market will be come in the next few days. always take as 2nd or 3rd opinion what the other people say always the big invetors get the most profit in trading.

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August 24, 2018, 03:07:42 AM
 #13

Way to forearm the newbies  in engaging in cryptocurrency!
Well, I have to say the manipulation in crypto market is very strong, not only because their are individuals who possesed great amount of Bitcoins, but also the involvement of some exchanges in a cases like that. Infact, one of the few reasons why the Bitcoin ETF's proposal has been denied again, is because of the presence of fradulent and manipulative activities in crypto space. Anything new about cryptocurrency? Nothing much but more scam ICO's. Despite all of these negativities, still cryptocurrency is one of the very profitable investment if youre doing it right.
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August 24, 2018, 03:24:12 AM
 #14

So is the only reason behind etf denial is the rampant manipulation in crypto markets by whales? If this is real then someone will make a move to end this war from whales the riches becomes very rich because while the real uses of this digital assets are ignored then digital currencies might die soon what we need is the real adoption and organic users not manipulators just for money making. 


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August 24, 2018, 11:05:41 AM
 #15

The cryptocurrency market is very unstable and as you can see right now we have been in multiple dips since the all time market high last year, and the market has become stagnant without new players and investors in the market. For a newbie in this market he or she should already be aware of this fact and adapt to what the market status and have a different strategy depending on it and the only way to have that is by constant learning.
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August 24, 2018, 11:28:33 AM
 #16

this is all we suspect of the pope and all will think in that direction, because people's predictions must be the same that the pope has a specific purpose with conditions like this which means they also want an abundant profit, now back to us as owners of bitcoin can we survive hold bitcoin? so that the pope fails to achieve his goals, instead we must dare to come out and go with the flow.

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August 24, 2018, 11:35:21 AM
 #17

  This market is a market that is manipulated. We have miners who verify transactions, have additional insider trading floors, ICOs, pump and dump assemblies, sharks and whales, things they do. is to make a profit for themselves rather than anyone else. With a person you do not know, do you think they can withstand heat? There may be people who are really good but no one can say anything, preferably not one.
  Second, the cryptocurrency market is not like the stock market, in cryptocurrency we have cryptography, blockchain technology, market psychology, economics, etc., and many other applications can be applied to the field, So when someone says they are expert in the field of cryptocurrency, get them aside.

So whats the objective about this thread?to tell us how cruel this cryptocurrency and push away the coming investors?lol stop negativity because if you dont wanna be here you are free to leave and no one cares,but for us being here for how many years this is a normal field but profiteering and you cant take this from us

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August 24, 2018, 11:54:59 AM
 #18

Invest only what you can afford to lose.
Don't go with the hype.
Acquire some knowledge about cryptocurrencies, when is the good time to buy or not.
Don't believe to people offering some too good to be true profits.
Do some research before investing on icos.

I think these are the basics newbies should learn and from their experiences with it they will learn more.


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August 24, 2018, 01:20:09 PM
 #19

Invest only what you can afford to lose.
Don't go with the hype.
Acquire some knowledge about cryptocurrencies, when is the good time to buy or not.
Don't believe to people offering some too good to be true profits.
Do some research before investing on icos.

I think these are the basics newbies should learn and from their experiences with it they will learn more.

Yes you should invest if you think that you can afford to lose that kind of amount or invest if you are confident that you will be holding the coin for a very long time.

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August 24, 2018, 01:35:04 PM
Merited by hatshepsut93 (1)
 #20

This market is a market that is manipulated.
Any time the market crashes, people cry out that it's manipulated.  All markets are "manipulated" to some extent, but usually it's just market forces--buying and selling--in play.  Bitcoin is probably more susceptible to actual manipulation IF the person doing the manipulation has enough money to do it.  If you compare bitcoin to Apple stock, for example, you'd have to do much less buying or selling to move the price, though it's still a lot.  In general, I don't buy it when people claim the market is manipulated.  You hear that quite a bit about precious metals, but there hasn't been great evidence that there's been some sort of coordinated effort to suppress prices (or inflate them).

In addition, I'd agree that bitcoin isn't a stock.  That should be obvious.  But its price does go up and down, very much like a stock price and unlike many currencies.  Yes, there is the cryptography and all of that but ultimately its prone to the market forces of supply and demand, just like a stock is.  That is independent of the nature of crypto, or of what a stock represents.

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