Ifychuks
Copper Member
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Merit: 1
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May 09, 2019, 07:11:48 PM |
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Crypto is something I have come to imbibe as a day to day way of life. It's just part of me now. Losing in crypto is juts like losing in other business one do in life. There's no business without losses and these should be handled maturely. I belive crypto will be great in future when the mass adoptions starts happening.
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raden1922 (OP)
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Activity: 294
Merit: 1
Colletrix-Bridging the Physical and Virtual Worlds
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May 09, 2019, 08:06:50 PM |
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Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
I don't agree that the market is declining. It was declining up until few months back when it hit the bottom. Right now it is steadily growing. You only experience loss when you cash out or withdraw. If you HODL then you just have to be patient. In my experience, it's a lot less stressful to just buy somewhere at the bottom then wait few years for a bullrun. In the meantime if you dont have cash, get a job or do something I am not saying that the crypto market is currently declining. I only ask about experience (when facing a declining market). That is what I made clear in the discussion of my question. We all know that the market is currently experiencing good growth, one result is that the price of bitcoin rose to $ 6100. I think this is clear! Thanks.
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━ ━━ ━━━ colletrix ━━━ ━━ ━ Revolutionizing the IP Industry via Tokenization ━ [ I E O June 2019 ] ━
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South Park
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May 09, 2019, 08:08:52 PM |
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You probably need a bot if you really want to profit from cryptotrading because most of the trading volume come from bots. I think its better to hodl for months and then trade it, it has been a good strategy for me.
And who is going to tell the bot what to do? It seems some people in the forum have the idea that bots can do everything by themselves but if you are not profitable trading by yourself then how do you expect to code a bot that can give you profits? And even if you buy a bot that already comes with predefined strategies, how can you tell if the strategy that comes with the bot is a profitable one? In my opinion there is no way around it we need to learn how to trade and then we can try to find a way to automate it.
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republicrypto
Sr. Member
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Activity: 1414
Merit: 252
Keep it Simple guys :)
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May 09, 2019, 08:15:13 PM |
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Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
people must be ready for the risk and rewards in their trading so, set up a stop loss level is more important than set up a profit taking level, because we must know when we should cut our lost in short, thats why i feel nothing when i loss in my trading my friend i know no body want to lose their money in trading, but always remember we only can predict the market, but we don't know where the market will go, because predictions is not always right regards
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bitstalker
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Activity: 383
Merit: 10
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May 09, 2019, 08:35:02 PM |
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I just lost because I didn't make a sale when the price was enough to go up, I was too eager and didn't know that bitcoin experienced ATH, which was big enough that it caused my assets to drop by 30-50% and here I thought the crypto movement was hard to guess more research so that similar incidents are not repeated, and maybe other new challengers must also think about doing this
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whyrqa
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May 09, 2019, 08:39:30 PM |
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Very unsurprising news last one and half years I have earn only half Ethereum. Although some token still don't get just as usual all devs do pending withdrawal token. So I'm trying to became professional traders and gather huge information from experience persons.
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#business #forextrader #bitcoinnews #invest
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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May 09, 2019, 08:45:25 PM |
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I just lost because I didn't make a sale when the price was enough to go up, I was too eager and didn't know that bitcoin experienced ATH, which was big enough that it caused my assets to drop by 30-50% and here I thought the crypto movement was hard to guess more research so that similar incidents are not repeated, and maybe other new challengers must also think about doing this
Experienced will teach you how to analyze and how to react accordingly, the market is really volatile and sway is just around, need to get a good understanding so you can work with much higher confidence, take time and keep studying learn from every steps that you've made.
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Yamifoud
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May 09, 2019, 08:51:00 PM |
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I just lost because I didn't make a sale when the price was enough to go up, I was too eager and didn't know that bitcoin experienced ATH, which was big enough that it caused my assets to drop by 30-50% and here I thought the crypto movement was hard to guess more research so that similar incidents are not repeated, and maybe other new challengers must also think about doing this
Experienced will teach you how to analyze and how to react accordingly, the market is really volatile and sway is just around, need to get a good understanding so you can work with much higher confidence, take time and keep studying learn from every steps that you've made. Preparedness of our self into action will help to boost our self-confidence in doing our job. Trading is not an easy job and yet, many have been losing a lot of money cause of some mistakes they'll have. Anyways, losing is a part of a trader but there is a way to minimize it by doing our best as we can do and the right selection of coins to trade will be grateful.
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Adriano2010
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May 09, 2019, 09:06:29 PM |
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Sometimes yes, i think if people can do good decision they can make an income from trading, but sometimes market condition not allow people to make profit even if they try a good strategy. I also lost a good amount of money because i did not sell on last bull run.
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Ifemini
Member
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Activity: 690
Merit: 12
There are consequences for every action
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May 09, 2019, 09:15:09 PM |
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Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
I think surviving the bearish storm all relies on the individual You choose your entry and exit point to suit your convenience Alexa’s dyor
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Boh manok
Member
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Activity: 328
Merit: 10
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May 09, 2019, 10:05:47 PM |
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What makes me still survive in the cryptocurenncy world is that until now I still benefit from the cryptocurenncy world, and I am very confident about the future of the cryptocurenncy because until now there have been various problems but cryptocurenncy still persists, my experience in trading may be enough good even though I have experienced a loss but I can return it back to it by switching to another altcoin
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fianaindriati
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May 09, 2019, 10:23:59 PM |
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for me, i always optimistic whether i lose/profit from trading and if i lose from my trading i always think that is a part of learning to get better on trading
before starting to invest in a krto currency, of course, investors must understand all the risks that are obtained in these investments, confidence and patience are the best capital in investing with the crypto currency and we must now be able to take advantage of every opportunity we will get in its investment
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Viceroy
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May 09, 2019, 10:45:07 PM |
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Several of my friends gave up trading after a series of bad decisions. I have always been a small trader and have not lost much, so I am still here.
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Chrystora123
Full Member
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Activity: 1414
Merit: 228
Omicron is another FUD
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May 09, 2019, 11:00:54 PM |
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I just lost because I didn't make a sale when the price was enough to go up, I was too eager and didn't know that bitcoin experienced ATH, which was big enough that it caused my assets to drop by 30-50% and here I thought the crypto movement was hard to guess more research so that similar incidents are not repeated, and maybe other new challengers must also think about doing this
Experienced will teach you how to analyze and how to react accordingly, the market is really volatile and sway is just around, need to get a good understanding so you can work with much higher confidence, take time and keep studying learn from every steps that you've made. Personally, I say that the key to success in trading is patience because I have lost several times because I am impatient, I can't wait for prices to rise again. Last December I made a big mistake, I sold 2 Bitcoin which for a long time I HOLD at the price of $ 4k/1 coin, at that time I thought that the price of Bitcoin would continue to fall, but I was wrong that the price of Bitcoin actually went up. I am very sure in the next few months the price of Bitcoin will continue to rise, I will not be discouraged even though I have lost, success for us.
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Youghoor
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May 09, 2019, 11:04:16 PM |
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Crypto trading is now the best way to earn massively within the crypto ecosystem. Having a strategy and knowing the exact cryptocurrency to trade are the key elements needed to be a successful trader considering the state of the crypto market. Trading is very profitable compared to hodling your coin for a long time.
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concitta
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May 09, 2019, 11:23:42 PM |
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Crypto trading is now the best way to earn massively within the crypto ecosystem. Having a strategy and knowing the exact cryptocurrency to trade are the key elements needed to be a successful trader considering the state of the crypto market. Trading is very profitable compared to hodling your coin for a long time.
trading will be beneficial for people who understand a good strategy, trading will be difficult if someone does not understand the strategy. Daily trading is also rather difficult to get profits compared to traders in the medium or long term, to wait for a pretty good coin increase. experience is needed so that for beginners it is very difficult to make a profit if the knowledge is not too high.
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playboy654
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Merit: 32
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May 09, 2019, 11:31:47 PM |
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Daily income is totally different encrypted field because the profit will only came for you with huge amount but it takes sometimes but the traders only make the income very very quickly so the income from cryptocurrency are also been useful for me my life.
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Tyoks
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Activity: 223
Merit: 13
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May 09, 2019, 11:40:18 PM |
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the technology developed by cryptocurrency is what keeps me going that the future will be much better over time, because it is increasingly advanced technology that will be used by many of us, including cryptocurrency in the future.
loss is not my reason for giving up but for future lessons so as not to make the wrong decision for every opportunity that exists and in analyzing a coin as my investment, so that in the future when the market has grown I am sure I will be able to get many profit and benefits from cryptocurrency.
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LUCKMCFLY
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Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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May 10, 2019, 12:13:29 AM |
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Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
There is a way to always be able to make profits, without affecting you if the market goes up or down, it is very simple, you must speculate, for this, you have to take into account that you have to have an Exchange account that allows you to trade with margin trade and allow to put in turn the options of: 1-Take Profit 2-Stop Loss Both in one position, what you must be careful of is leverage, because it is usually a double-edged sword. If you have had losses in trading, it is normal, what breaks from normal levels is that your losses do not stop and you always do it, without changing your strategy, because if you keep losing, many things you have to be doing wrong. Until very recently I have seen trading as a business, not as a system to make me rich, I prefer to do tradgin than having a business where I have to invest and open it every day, to expect a profit of at least 10% per year, when trading you can make that profit or more sometimes only in 1 operation. So if you have that problem, what you can do is change your strategy, study the market in another way and have an Exchange that gives you the confidence to operate and have more options to trade.
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whirlcoin
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May 10, 2019, 12:31:56 AM |
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Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
the people who are came along with the beginning of Bitcoin will definitely trade successful and then you people will be little bit struggled to get the success discuss the market is like that but once you have experience in this the same result will came for you to get the exact profit that you want after your trading
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