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Author Topic: Professionals traders' opinion!  (Read 552 times)
omonuyak (OP)
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October 08, 2018, 08:01:19 PM
 #1

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
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October 08, 2018, 08:35:33 PM
 #2

Most cryptocurrency has already lost much in price. I do not think that the ETH or Bitcoin will fall much down.
Bitcoin trading volumes are very low, it can mean that positions are recruited and the market can go up sharply.
In the near future an interesting event should take place in the cryptocurrency market.
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October 08, 2018, 09:20:24 PM
 #3

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

Those who bought Bitcoin in January really is finding it hard to see their profit right now, but they should not get frustrated over the current market. It is not about making profit overnight but also in dealing with circumstances that this volatile investments has to offer.

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October 08, 2018, 09:26:44 PM
 #4

If/when bullrun comes, most solid coins (ether, neo etc.) will do 4-5x even neo can do 10x. Some new fresh blood coins will do 100x, you will see. But don't count on that, even this market is profitable.

I've learnt how bitmex and this kind of "leveraged long-short" exchanges. I earn some. If you can guess bullrun or bear, you can earn tremendous amount of money. (however you can lose that much too, bigger risk, bigger gains.)

If you wanna stay safe, just buy coins which did 1/10 from their ath. Neo, wan are some examples.
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October 09, 2018, 02:52:34 AM
 #5

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
Be careful with these incentives. That may be the strategy of some sharks or that's just a joke. I have heard many opinions of professional investors but I have never had the desired profit. The number of times I'm losing is more than a profit! be careful.

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October 09, 2018, 03:43:47 AM
Last edit: October 09, 2018, 11:26:45 AM by Rahar02
 #6

~ many of us that buy bitcoin in January and February are still holding at loss. ~

Correct, the biggest problem regarding investing in cryptocurrency is to predict the peak and when it starts to fall, basically the right time to enter the market. It's not easy to do it right as many people predicting bitcoin will rise to $50,000 and high price in January and February is just a start. But if you see it carefully, bitcoin has started to fall sharply after reached its peak on December 17th, 2017, yet recover to $17K on January 7th, 2018 but then fell afterwards.

However, holding at loss is better than sell at loss, a right thing to do. Keep your bitcoin in cold storage for a year at least, or until bitcoin reach new ATH. Forget it for a while and starts over again with new funds. $5,900 was the lowest level for bitcoin in this year, consider $6K-7K range as the good entry point. Majority of coins at discount right now, feel free to re-invest, as the moment bitcoin rise again, other coins will follow.

Remember the rules:
1. Anything you have spent on cryptocurrency, consider it as a loss until proven otherwise, so do not spend more than you can afford to lose.

2. Be patient, profit doesn't come so quickly, sometimes it takes months or even years. So, keep your coins safely.
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October 09, 2018, 04:01:36 AM
 #7

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

I'm not  professionals trader but become expert is not easy and need high experience. We need to fix our mindset, everything begin from there and will end on the market. Believe in you, trust no one and keep practice is good step. The answer is simple, start again from beginning with know the risk. No need push hard to get profit, market can red but mindset should green.

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October 09, 2018, 05:20:23 AM
 #8

Of course we need to invest again, if we invest in the wrong time then decrease the loss with more trade, if we give up in the middle of the road then for sure we lose the money and don't get any experience, but this time we need to be smarter and be more careful, losing money is the part of trading, and what counts is the end result not the beginning or in the middle
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October 09, 2018, 05:28:35 AM
 #9

If you still hold your coins from January you are not a trader in my opinion ;-)
You have two options: sell at a loss or hodl and hope for a market turnaround.

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October 09, 2018, 05:50:08 AM
 #10

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
It is very late to think about minimizing the loss because it looks like the bottom level of bitcoin was reached so we can hold it all the way until the prices increase is the best thing an an investor can do for now.Or else he can increase his btc holdings by start experimenting with trading,I think btc to fiat is better to trade for the inexperienced traders since the prices is swinging at some range constantly.









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October 09, 2018, 06:01:12 AM
 #11

First off, there is a wall of difference between buying a crypto and trading it. What OP did was mere buying for hodl and not for the intention of trading. Of course, traders make profit or loss from any engaged crypto. But you only incur this when you sell. As long as you haven't sold, you don't make a loss.

The technique to buy for profit will at all time depend on your entry point. You get to know the right entry point from Technical Analysis. So get yourself acquitted with TA.

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October 09, 2018, 06:20:32 AM
 #12

Of course accept the fact and keep holding don't become hopeless and frustrated. in fact there's a time for it to bullish just be patient . Because selling is not a good option especially if you have huge losses. Which is much better to buy some coin again if you have money that not needed to regain gradually your losses but of course at this point make sure you can gain profits rather than losing money again .
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October 09, 2018, 08:04:25 AM
 #13

Your mentality is the first thing you should work on. Most of the people that invested in this space when the market was in its peak was because they were looking for an avenue to get rich, they believed so much that the moon is kicking in and they ended up joining FOMO.

If you want to do well in this space, learn from your mistakes, and which by now, I expect those who have already made such mistake to know that accumulating the dips as an investor is usually the best way to go and if you do not have funds at least for now, to accumulate the dips, then you should just hold what you have. Read more about the space, understand the potential that is obtainable in the future and focus more on that future.

If you do not have a goal and a long term focus, the possibility of seeing your short term judgment weakened will always be there. Only if people can realize that Rome was not built in a day and all that is required of them is patience, even if they find it hard to understand why they have invested in the first place.
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October 09, 2018, 03:09:50 PM
 #14

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
The number one thing inexperienced people forget is to double down on your losses no matter what if you believe in it.
If you see bitcoin going to $20k and now at $6k and think it will be end of it than you can cash out your money and leave. However since you are here asking how to be better that means you still believe in it and you should definitely double down on it.

For example, if you bought $20k worth of bitcoin during $20k levels your bought price is $20k, if you buy another $20k worth while at 6k that means your average is $13k, if you buy another $40k at $6k that means it will be $9.5k which is quite close to profit as it is right now.

Now if you think "I do not have that much money" just change the numbers, don't make it $20k but make it 20 dollar who cares, and if you do not have any money after buying at $20k that means you bought more than you can chew, buy with certain amount of your bankroll all the time, never go all in.
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October 09, 2018, 03:56:23 PM
 #15

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
The number one thing inexperienced people forget is to double down on your losses no matter what if you believe in it.
If you see bitcoin going to $20k and now at $6k and think it will be end of it than you can cash out your money and leave. However since you are here asking how to be better that means you still believe in it and you should definitely double down on it.

For example, if you bought $20k worth of bitcoin during $20k levels your bought price is $20k, if you buy another $20k worth while at 6k that means your average is $13k, if you buy another $40k at $6k that means it will be $9.5k which is quite close to profit as it is right now.

Now if you think "I do not have that much money" just change the numbers, don't make it $20k but make it 20 dollar who cares, and if you do not have any money after buying at $20k that means you bought more than you can chew, buy with certain amount of your bankroll all the time, never go all in.

What you told is the only option left for who ever bought on ATH as their is no other option left. Either average your buying price by buying more in current price or just leave it or just book loss and leave the crypto world.
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October 09, 2018, 06:53:05 PM
 #16

wow buying when january and february it is a high price i think it's better to hold it or if you want to take the risk of selling it and start trading again using the up and down prices. before learning more knowledge about trade so you don't lose anymore

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October 09, 2018, 06:59:47 PM
 #17

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
Just follow on the Text you can read up on your signature which is "HODLER" if you are at loss.Then why sell? unless if you are in need of money then you wont really have any choice but
if you do have still the money to make investment then better hold and forget yet this market will definitely recover. Theres no need for an expert advise because even just a basic
hold would really be enough.

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October 09, 2018, 08:50:41 PM
 #18

wow buying when january and february it is a high price i think it's better to hold it or if you want to take the risk of selling it and start trading again using the up and down prices. before learning more knowledge about trade so you don't lose anymore

Hold your coins and don't ever plan to sell it while the value isn't profitable yet. Be strong enough during the dumping stage of our asset, because you might not wonder in an exact time you'll be able to have the opportunity to sell during pumping periods.

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October 09, 2018, 09:14:35 PM
 #19

The best advise i will give you now is to buy more since crypto currency market value are very much low now. Although this advise may sound as if one is encouraging you to waist more money because you are currently at lost of the one you bought in January or last year, but that is really the best and rational advise in my opinion.
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October 09, 2018, 10:12:27 PM
 #20

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
i'm not professional, but i think people only buy bitcoin when it is popular, and they think they will get easy money from it, it is totally wrong. Even newcomers must know that investment is risky and they must know what they do when they loss their investment.

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October 09, 2018, 10:14:52 PM
 #21

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

in this case all I can say is, it's better not to ever again, get hit by FOMO, because it is most likely why traders there instead buy expensive and sell cheap. Scalping may still be possible for trading at this time, but that also depends on the losses faced and the money you have for now

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October 09, 2018, 10:38:36 PM
 #22

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

in this case all I can say is, it's better not to ever again, get hit by FOMO, because it is most likely why traders there instead buy expensive and sell cheap. Scalping may still be possible for trading at this time, but that also depends on the losses faced and the money you have for now

With Scalping you can make some money, but the risk is high and scalping isn't regard as a trade. In my opinion you can try other projects instead of waiting, so if you are here for profit, waiting isn't a better way. The market never waits for you, you should act smartly.
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October 10, 2018, 08:45:34 AM
 #23

You should now what type of trader you are. Ask yourself if you wanted to be a day trader with an daily income/loss, swing trading where you only trade during your day offs from work or a long term holder which is effective if you are not that familiar with trading. Crypto trading is similar forex trading but in crypto, your funds can either wipe or multiply in an instant so it is more risky than forex trading. Be familiar with exchange navigation and trading fees.
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October 10, 2018, 08:56:58 AM
 #24

My target is sell Bitcoin by price $100K and i use Bitcoin for long term investment,  indeed in this year i loss much money because the crypto market crash but i will not loss after sell it. I still believe there are will be others times for bull market. Best to do now is to increase the BTC amount in day trading, and whenever the price of BTC any sign to bull run, so just keep hold it until reach $100k.
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October 10, 2018, 07:08:51 PM
Merited by cluit (2)
 #25

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
My honest advice is that you should take a little bit steps back, learn from your mistakes, see the things you have done wrongly and start doing it right, otherwise you will end up making the same mistakes over and over again. What has really caused a lot of people to make certain wrong decisions in this market is because they never cared to learn and that is something terrible.

If you are not ready to learn, then you cannot make substantial decisions for your own good in the long run. Also, you have to understand the mistake you made initially was buying the peak right, then right now that there is a dip, try to buy the dip instead and more dips as the come and then sell the peaks when FOMO kicks in.
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October 11, 2018, 05:54:15 AM
 #26

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

I am not professional traders, and I only trade if I see I have a chance to make a profit from trade and I will choose one or more coin to trade. And yes, many of us getting lost in this year, but I don't think that this will stop them to invest in the other coin because cryptocurrency still has a big chance to rise again in the future. So, if I cannot see my chance, then I only hold it for a while until the price can increase back so I can try to make a profit more and more.



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October 12, 2018, 10:53:02 AM
 #27

Of course we need to invest again, if we invest in the wrong time then decrease the loss with more trade, if we give up in the middle of the road then for sure we lose the money and don't get any experience, but this time we need to be smarter and be more careful, losing money is the part of trading, and what counts is the end result not the beginning or in the middle
Investing in the wrong time should not limit anyone actually from investing again and I totally agree with all you have said.
For what it is worth, for someone who already ended up investing in the market when the time was wrong by joining FOMO, the mindset they came in with is what they really have to change first.

As long as that is still in play, they will keep doing the same thing and expecting different result. It is a very simple thing when it comes to investment, buy when everyone is fearful and sell when everyone is greedy. As long as you are able to do that as an investor, you will always be on the right track.
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October 12, 2018, 12:29:06 PM
 #28

This is a really good piece of advice: strength in numbers. Mentioning a second person could also help deter potential muggers who won't want to deal with two people. And, like you said, simply having a friend sitting a table away can help if a dangerous situation arises.
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October 12, 2018, 01:07:41 PM
 #29

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
Those who bought Bitcoin in the peak season of its price are definitely suffering at a loss at this moment. I'm not a professional in trading but I think my thought and advice for these buyers who bought at peak is just hold it if you can't take the loss if you sell it at its current price now. If you sell it now, you will suffer a massive 200% loss (I think - not good at math Cheesy).

If you believe that Bitcoin will have its mass adoption in the next years then just hold it and accumulate. Some are saying that we must not hold bitcoin, we must use it blah blah. I agree with them but we need to have profit so in order for us to get profit, we need to hold bitcoin  and sell it at the right time.

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October 12, 2018, 01:30:35 PM
 #30

My target is sell Bitcoin by price $100K and i use Bitcoin for long term investment,  indeed in this year i loss much money because the crypto market crash but i will not loss after sell it. I still believe there are will be others times for bull market. Best to do now is to increase the BTC amount in day trading, and whenever the price of BTC any sign to bull run, so just keep hold it until reach $100k.
Your determination has been unanimous to strike in long term and has set a target that must be met. this will inspire other investors not to panic in current conditions, and this is good to do

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October 12, 2018, 01:57:21 PM
 #31

Investments into cryptocurrencies at this challenging times is a very risky things and I will said that the uncertainty is very high.  I bought some tokens last months and most of them are almost worthless as at today and that makes me to conclude that the uncertainty is real.
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October 12, 2018, 09:47:31 PM
 #32

I'm professional cryptocurrency and forex trader. I did not become a trading at any time in a day because you have to spend a lot of time in order to become professional trading and you have to acquire a lot of knowledge about trading. There are many scripts in trading through which the first is being analyzed. If you do not know how to do analysis then you can not do well on trading, so I think you have to recharge if you want to do good trading. Without recharge, you can not expect anything good from trading.
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October 12, 2018, 10:23:48 PM
 #33

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
I take trading as a gamble and if that scenario comes to my side i would consider it as a lose because that is what gamble is all about, you win some and you lose some. We just have to accept the truth that this is what it is in cryptocurrency, very risky due to volatility. But without volatility crypto will be boring too and it would not be profitable anymore if that attribute is not there in crypto.

You are holding at lose but you still not lose your money, that's the bright side of it and the game is not yet over. Forget it for some time and start for another option and this time bear in mind the lessons that you learned with your previous experienced. Don't be stressed to much as it is bad for our health.  Smiley
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October 12, 2018, 10:28:38 PM
 #34

it would be great if it wasn't too ambitious or greedy with profit, because the risk in trading was always haunting. experts on average trading only give basic advice, do not really care significantly about what you are trading. especially if the market conditions are crashing

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October 13, 2018, 01:35:09 PM
 #35

My target is sell Bitcoin by price $100K and i use Bitcoin for long term investment,  indeed in this year i loss much money because the crypto market crash but i will not loss after sell it. I still believe there are will be others times for bull market. Best to do now is to increase the BTC amount in day trading, and whenever the price of BTC any sign to bull run, so just keep hold it until reach $100k.
That is a target and pretty much a good one. It is imperative anyway to always have a long term goal which is one thing a lot of people usually do not have whenever they want to make a decision and they always tend to forget the fact that this is a market and every downtrend will obviously turn back to an uptrend and vice versa at some point.

Buying now is actually always the best option when the market is pretty low and then looking forward to when the market would really start hitting some pretty good value in the long run. However, we should also understand that not everything is about the price, as there is the need to get to see real life usage; this is when we will get to see a sustainable demand in the long run instead of some speculative movement that is manipulated and can be dumped anytime.
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October 13, 2018, 02:02:48 PM
 #36

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

That when it comes to a market you shouldn't always see a market that it will always go up. In crypto, a lot of hype was in the market and it lead to a lot of sad people in the end.
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October 13, 2018, 02:07:49 PM
 #37

Investments into cryptocurrencies at this challenging times is a very risky things and I will said that the uncertainty is very high.  I bought some tokens last months and most of them are almost worthless as at today and that makes me to conclude that the uncertainty is real.
surely because in investment there is certainly a certain risk, so investors also certainly know the risk that will be obtained if the investment is starting to collapse. therefore certainty and uncertainty are certainly in investment
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October 13, 2018, 02:12:56 PM
 #38

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

I am not professional traders, and I only trade if I see I have a chance to make a profit from trade and I will choose one or more coin to trade. And yes, many of us getting lost in this year, but I don't think that this will stop them to invest in the other coin because cryptocurrency still has a big chance to rise again in the future. So, if I cannot see my chance, then I only hold it for a while until the price can increase back so I can try to make a profit more and more.
You do not even have to be a professional trader to be able to know that when it comes to investment and the essence of long term, you always have to take advantage of every opportunity that comes and every point in the market is always an opportunity as long as you can what many others cannot see and you are able to act on it.

The chance is here right now to buy lower, and for those who think all hope is lost for buying at the peak, I guess that is something they will end up revising in the long run and at least, since you know it is a mistake buying the peak, then you should know it is never a mistake doing the opposite by buying the bottom as that would compensate for the long term wait at the end when the market recovers.
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October 13, 2018, 02:13:38 PM
 #39

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

That when it comes to a market you shouldn't always see a market that it will always go up. In crypto, a lot of hype was in the market and it lead to a lot of sad people in the end.
That's right, inside crypto better to do your homework and study how the market flows, instead of waiting for some news or some other's speculations better to make your own assessment, think of something that can lead you to stay positively, change your mindset from short term to long term goals, it will open a wide variety of ideas when you are aiming for long term success, since many people already losses their investment you should think differently and stay focus with aiming to gain and not to lose at all.
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October 13, 2018, 05:30:59 PM
 #40

Personally I stay away from this market until Bitcoin will drop under $2K by June of the next year. Only sometimes I open some short positions on BTC and ETH. Also I use stop loss and principals of diversification in any trading operation.
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October 13, 2018, 06:38:42 PM
 #41

Since you are holding already at loss, i have nothing to suggest than to hold more and be optimistic. Blockchain technologies are not going away in the near future, however with evolution of quantum computers, blockchain tech might evolve as well. That’s my opinion and I don’t know your personal budget situation. It is your decision what to do next.

.BITWIN.

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October 14, 2018, 12:08:18 PM
 #42

This topic also help me as my guidelines for professional traders opinion. I always read here to update me for a new methods in trading.
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October 14, 2018, 04:40:04 PM
 #43

Yes, the market is on the bottom and the situation is highly unpleasant. But it's not going to die anyway. It will recover in the future. And how long it will take it also depends on us. The market needs new generous investments to push forward. The market needs more supporters. And unfortunately the number of cryptoenthusiasts and investors who believe in crypto is not growing much.

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October 14, 2018, 09:56:45 PM
 #44

I think all crypto prices have dropped above 50%, some are even worse.
I also think pro traders make mistakes in the middle of this bloody market, but they have a fast response because they are used to this condition, I also don't know if they still hold coins from January or February or have sold them and tried the profits at ico or trade them back .
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October 14, 2018, 10:10:47 PM
 #45

Yes, the market is on the bottom and the situation is highly unpleasant. But it's not going to die anyway. It will recover in the future. And how long it will take it also depends on us. The market needs new generous investments to push forward. The market needs more supporters. And unfortunately the number of cryptoenthusiasts and investors who believe in crypto is not growing much.
Right.The market really needs more demands from people to make such investments so that the market will return into green again.I know this is not yet the end of bitcoin.It will surely make a huge price increase in time so just be patient more in waiting for that time.

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TobiasVR
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October 14, 2018, 10:57:35 PM
 #46

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
although many traders still feel that it is not profitable to be in crypto but believe if there are many professional traders who still survive in crypto and make crypto as one of the maximum profit producers. so I thought but was in crypto to trade and choose the most good and potential coins.
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October 14, 2018, 11:09:20 PM
 #47

I think in your rank as senior since you can joint herein forum all principle and risk about cryptocurrency did you understand wel specially investing trading are not possible to got loses

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October 14, 2018, 11:17:46 PM
 #48

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
although many traders still feel that it is not profitable to be in crypto but believe if there are many professional traders who still survive in crypto and make crypto as one of the maximum profit producers. so I thought but was in crypto to trade and choose the most good and potential coins.
Yes.It's just a matter of investing into some potential coins and hold them patiently so if you want to sell them again,make sure in its high price.You can still make profit in crypto even in participating good bounty campaigns as they will reward us with good amount of profit too.
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October 14, 2018, 11:21:10 PM
 #49

This topic also help me as my guidelines for professional traders opinion. I always read here to update me for a new methods in trading.
We can really learn more from the professional traders, and we really have to learn everyday in trading. We cannot earn a lot everyday but that experience will help us to have more possible profit in our future trades.

I think in your rank as senior since you can joint herein forum all principle and risk about cryptocurrency did you understand wel specially investing trading are not possible to got loses
Your rank here doesn't guaranteed that you will not incur loses in trading, everyone will experience loses sometime.
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October 14, 2018, 11:49:51 PM
 #50

I also think pro traders make mistakes in the middle of this bloody market, but they have a fast response because they are used to this condition
It doesn't matter how experienced people are with these corrections because it's impossible to know where the market will bottom out. Before we broke $10,000 people really believed that would be the bottom.

When the $10,000 mark broke people said $9000 would be the bottom, then $8000, $7000, $6000, and so forth. No one here knew that $5700-$5800 would be it after how it has proven its strength more than once.

I also don't know if they still hold coins from January or February or have sold them and tried the profits at ico or trade them back .
Traders usually only cash out fractions of their profits, so no doubt about there being traders who didn't manage to unload most of what they gained last year. Going all in or all out is never an option well thinking traders consider.

BSV is not the real Bcash. Bcash is the real Bcash.
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October 15, 2018, 05:45:03 AM
 #51

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

As long we have mindset that invest/ trading is the easy way to make profit, you'll get loss. I'm not professional but I believe before enter the market we should know about the risk and cut loss strategy. Never give up is not easy but disciplines is very good to keep stand in many market condition. If you want get success, never lost faith and always prepare for the worst.

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October 15, 2018, 07:26:53 AM
 #52

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
Before you invested in Bitcoin you already had it in mind that you’re ready to risk the money that you were about to invest then, so there is no need to worry much about it. Just chill and wait for it, time will come when the price will rise again to a bigger price and your money will increase too.

But if you can’t have patience, then withdraw and wait till price starts to go up again, but there is no need cause the price is longer dropping and if you withdraw you might miss the opportunity.
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October 15, 2018, 02:32:48 PM
 #53

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

As long we have mindset that invest/ trading is the easy way to make profit, you'll get loss. I'm not professional but I believe before enter the market we should know about the risk and cut loss strategy. Never give up is not easy but disciplines is very good to keep stand in many market condition. If you want get success, never lost faith and always prepare for the worst.

Before you even start investing or trading at all, you need to familiarize yourself with a whole lot of things. So many people have missed it because they thought it would just be an easy environment to get in and get rich quickly and that mentality has so much clouded their judgement that thinking straight becomes a challenge for them. Learning the environment, having investor/trader skills and experience is all that would help anyone from getting the best from the market, otherwise, just hold.
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October 15, 2018, 07:11:45 PM
 #54

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

Holding is good, but all coin holding not so good. If you hold your coin for loss tension, then all will be stable. No profit will come at all. But if you hold 50%, and another 50% selling then again start running trade. Its so ahelpful although profit is so less.

Be hardworker
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October 15, 2018, 07:22:33 PM
 #55

due to the fact you're already protected in damaged, I keep more comfy and there is not anything to give directions being optimistic. Blockcon era is going in the close to destiny, even though the development of quantum computer systems, the capability for the improvement of the Blocchen technology. it is my opinion and i do now not recognize your personal finances repute. it's what you like to do after that.
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October 15, 2018, 07:34:42 PM
 #56

I'm not a professional bitcoin trader but I guess the best way for you to do now is to hold. But if you have the skill to ride waves, as bitcoin is stable nowadays, you can ride them to profit out your day.

Trade sideways.
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October 15, 2018, 08:40:20 PM
 #57

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

Professionals already cut their loses while it's going down to by as much as 20% depending on the tolerance. This is the most crucial difference on the level of experience, managing risk. Even this key point is the difference between successful and non-successful ones. You don't hope and mix with other emotions when your trading, you have to have a very objective plan. From the time you enter the trade, you already have an exit plan.
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October 15, 2018, 09:05:48 PM
 #58

Like me,  many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss.  As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

As long we have mindset that invest/ trading is the easy way to make profit, you'll get loss. I'm not professional but I believe before enter the market we should know about the risk and cut loss strategy. Never give up is not easy but disciplines is very good to keep stand in many market condition. If you want get success, never lost faith and always prepare for the worst.

Indeed, an easiest way to earn profits but it's not that simple to do because every now and then we have to be alert due to fluctuations happens anytime. Trading is somehow the better way to generate profits but we have to patient especially if we experienced losses because not all the time we can earn benefits.
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October 15, 2018, 09:07:29 PM
 #59

I'm not a professional bitcoin trader but I guess the best way for you to do now is to hold. But if you have the skill to ride waves, as bitcoin is stable nowadays, you can ride them to profit out your day.

Trade sideways.
The market is now a very good time to trade surfing because of the volatility of the coin's value. Currently I am focusing on trading the coin in the top 10 on Coinmarketcap because it has a large trading volume that makes it easier for me to analyze technical wave charts.
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October 15, 2018, 10:42:11 PM
 #60

I'm not a professional bitcoin trader but I guess the best way for you to do now is to hold. But if you have the skill to ride waves, as bitcoin is stable nowadays, you can ride them to profit out your day.

Trade sideways.
The market is now a very good time to trade surfing because of the volatility of the coin's value. Currently I am focusing on trading the coin in the top 10 on Coinmarketcap because it has a large trading volume that makes it easier for me to analyze technical wave charts.
Some of top 10 coins up this day and it will be good for trade, just beware because dump can happen anytime. But if you can took advantage from dumped or pumped coins, you will get a lot of profit.

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October 16, 2018, 12:04:03 PM
 #61

As long we have mindset that invest/ trading is the easy way to make profit, you'll get loss. I'm not professional but I believe before enter the market we should know about the risk and cut loss strategy. Never give up is not easy but disciplines is very good to keep stand in many market condition. If you want get success, never lost faith and always prepare for the worst.
Where most people always get it wrong is that they think everything is all about luck, and that is one mentality with trading or investment that would make a whole lot of people to flop terribly at the end. Making profit is not an easy task as you need to be knowledgeable enough to make some certain decisions.

Decisions are some things, you possibly cannot do without when it comes to investing or trading, and you really want to know when to buy, where to sell and how you stopping loss and all these things come with the zeal to learn them. Those who are not ready for that should simply just invest and hold for as long as they can. That is a whole lot better than trying to gamble the market.

Personally I stay away from this market until Bitcoin will drop under $2K by June of the next year. Only sometimes I open some short positions on BTC and ETH. Also I use stop loss and principals of diversification in any trading operation.
You actually just sounded like a joker, exactly as your name implies. This is a market and first of all, I want to say there is no way anyone can tell what the future is going to bring. It is a mystery and it will keep being that way. However, when it comes to the market going that low, I doubt if this is something we would get to see happen. The market is always unpredictable, but at the same time, the market is growing daily, and unless something wrong happens fundamentally that caused a huge blow to the market, $2000 sounds far from it.
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