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ghermghuda (OP)
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May 24, 2019, 10:53:06 PM
 #1

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)

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May 24, 2019, 10:59:27 PM
 #2

Indeed if you are feeling the bullrun go on and hoard as many coins as you can specialy coins on the top or CMC rankings,or whenever you see the low bottom of the coin go for it because it will not take a long time for the bullish market to return.Hodling established coins will surely earn you when bullish market attack.Always buy on the dip they say Smiley

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May 24, 2019, 11:54:21 PM
 #3

All is high risk with crypto currencies.
I think it is just USDT which is not at risk of a large price fluctuation.

Bitcoin is just the same as all.
BNB however really grew so much. Why? They became one of the leading exchange and is not forcing anyone to use BNB but rather giving bonuses to those who will use it like no fees with any transactions in the exchange using BNB.
That is cool and people loved it.
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May 25, 2019, 01:01:58 AM
 #4

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
We keep on doing this, we give so much advice to people and yet very few react positively on this. Its not our loss anyway but we have to help each other, now let's encourage everyone again to buy while the price of bitcoin are still on $8k level. This is the truth, bitcoin will not stay below on this level because it will start to grow if you haven't heard the news about facebook coin try to research that because it can help the price of bitcoin to pump, so try to invest more now.
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May 25, 2019, 03:46:48 AM
 #5

Stop chasing the highest peak when you are planning to sell and stop looking for the deepest dip when uou are planning to buy-in. Just buy whenever the price is cheaper and accumulate, and sell on your desired price. No one can predict the market, just go by your own analysis and instinct, trust no one's judgement and speculation.

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May 25, 2019, 05:36:39 AM
 #6

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
Yes if we really want to invest don't wait for the best time because we never know what could happen in the future.
Most of us are always waiting for the price to drop so we could get it at a lower price and even if it drops down some of us would just continue to wait they are crying that they miss their chance when they ignore it.

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May 25, 2019, 07:23:06 AM
 #7

That is what people say if they don't have an interest in one or two coins, and they still reject to buy the coin.
But then they are disappointed to miss the chance to buy the coin because the price was got a rally to the high price.
Yes, I agree with your advice.
Just do what you want to do and don't make a "too" deeper analysis because if you cannot do it in the short time, then you only spend your time without having a chance to make a profit.

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May 25, 2019, 11:10:55 AM
 #8

Indeed if you are feeling the bullrun go on and hoard as many coins as you can specialy coins on the top or CMC rankings,or whenever you see the low bottom of the coin go for it because it will not take a long time for the bullish market to return.Hodling established coins will surely earn you when bullish market attack.Always buy on the dip they say Smiley
  I agree, holding is the best way to gain a profit especially when the market situation is ideal for all investors. But also not all coins are profitable there are just a atleast half on this market where you can benefit to like top tier coins bitcoin, ethereum and XRP. This time is a good time to invest since we are kinda approaching a bull market with the market movement.

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May 25, 2019, 11:34:25 AM
 #9

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
There is no bottom already. What happened last February where Bitcoin went to ~3k is the last time it will happen. I believe that anytime, the market will start to rise. As an investor, you must know the risks since the market is unpredictable. If you believe that it will rise on the next weeks then its better to accumulate more coins but take note that there is always a risk on it.

I believe that the bull run has started already so those who are holding their coins until now congrats Cheesy but its too early to celebrate. The possibilities that the market will go down is always there.

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May 25, 2019, 12:25:27 PM
 #10

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.
Nobody here can tell the price of BNB in the future and if you bought it at $20 then good for you but then again investing in crypto is very risky and you can't tell your friends on what to do as they might blame you if they loss their money in the future.
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May 25, 2019, 12:36:46 PM
 #11

All is high risk with crypto currencies.
I think it is just USDT which is not at risk of a large price fluctuation.

Bitcoin is just the same as all.
BNB however really grew so much. Why? They became one of the leading exchange and is not forcing anyone to use BNB but rather giving bonuses to those who will use it like no fees with any transactions in the exchange using BNB.
That is cool and people loved it.

   I am totally disagree.
I think today crypto is one of the most sure investments. Everyone who works in this industry knows that all coins have its perspectives. And bitcoin may be counted as guaranteed investment.
   There is no coin which would beat bitcoin. So, no matter by which price you bought it, with enough time of waiting you will get the profit. Modest targets - faster profit.



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May 25, 2019, 12:39:54 PM
 #12

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
Unfortunately, I disagree with you. To buy or sell coins simply because there is hope for a bullish trend is stupid. Yes, with BNB is a ride. But you could also be advised to buy an ETP that cost half a year ago $ 3.5 and it collapsed to $ 0.5 and is now being restored. And what would you do? Technical analysis invented a long time ago. Use it and you will be happy.

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May 25, 2019, 01:07:10 PM
 #13

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
I think that is not a good investment. If we always invest in emotions, we will also get many bitter endings. I used to and do not want to repeat it again.
Those who say that the price of BNB is high because they did not understand anything about it and the market in the future. If there is no Binance Launchpad, is the price of BNB so high?
We need to analyze further strategies and future goals of some businesses to invest. Wink

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May 25, 2019, 02:34:05 PM
 #14

Those who say that the price of BNB is high because they did not understand anything about it and the market in the future. If there is no Binance Launchpad, is the price of BNB so high?
We need to analyze further strategies and future goals of some businesses to invest. Wink

i think that's where fundamental analysis comes in. if, in the last 3 years for example, a business is performing very good despite the market is terrible, and they have the history of doing some breakthrough, then most of the time, we can conclude that the value for that business is going to grow. in this case, their token price should be higher in the future.

that analysis could change if we find that the business is not doing so well, and the team has done many mistakes recently, and so on. at that point, we could sell some of our assets and try to re-adjust our judgement for that project.

that's what i mostly do, as i'm not really fond of ta because i don't have that much time to trade.
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May 25, 2019, 04:28:45 PM
 #15

To be honest, it is not just you think that coin is good. You also have to apply some research about on that coins you like to be able to identify if it is really that good to invest because we are in a world today were scam coins are disguising as the good one and that is one of the shocking truth too.

And if you already know which coin you have to invest then there is no right time to invest it's just how will you be able to manage the risk of losing.

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May 25, 2019, 04:41:04 PM
 #16

Maybe you can keep those coin for yourself, and you can buy the coin without telling your friends because if you were telling them, they will not listen to you and leave you alone. So why bother with them if you can buy that coin by yourself? They will regret later when they see the price of that coin is increasing and they will be too late to buy the coin.

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May 25, 2019, 08:30:26 PM
 #17

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
Common words!

You do made observations but doesnt mean that would be precisely to happen.You do have the point but we dont have that kind of crystal ball on seeing on what would be the future looks like.
Even for those who hold BTC for long time didnt even expect for these kind of prices on being reached out.It do only have 2 ways where prices would go but you know that not
all people do have that capacity and risk-taking factor on their selves to make investment anytime.

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May 25, 2019, 08:44:43 PM
 #18

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
I don't think too much about it to get a lot of profit but I have also invested in any coin and if it is a good price then I will invest whatever will happen with the coin, because the crypto market is indeed very difficult to predict then I as much as possible to secure coins at the ideal price, I have long known the crypto market like that so it is not strange for me when pumping happens unexpectedly but I keep securing my favorite coins secretly also LOL.
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May 25, 2019, 09:42:52 PM
 #19

Stop chasing the highest peak when you are planning to sell and stop looking for the deepest dip when uou are planning to buy-in. Just buy whenever the price is cheaper and accumulate, and sell on your desired price. No one can predict the market, just go by your own analysis and instinct, trust no one's judgement and speculation.
Ah well, buh funny enough, you may never see the deepest dip as well and that's why I'm focusing on the brighter side (the highest peak). Because i sure know a whole bunch of people who were waiting for Bitcoin at $1.5-2K so they could get in...i don't know if they're even waiting to get in or what Smiley Cheesy

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May 25, 2019, 09:53:53 PM
 #20

Indeed if you are feeling the bullrun go on and hoard as many coins as you can specialy coins on the top or CMC rankings,or whenever you see the low bottom of the coin go for it because it will not take a long time for the bullish market to return.Hodling established coins will surely earn you when bullish market attack.Always buy on the dip they say Smiley
  I agree, holding is the best way to gain a profit especially when the market situation is ideal for all investors. But also not all coins are profitable there are just a atleast half on this market where you can benefit to like top tier coins bitcoin, ethereum and XRP. This time is a good time to invest since we are kinda approaching a bull market with the market movement.
We are doing this since before, right? The only problem with some holders is that they'll easily go into panic selling when they heard some FUDs causes them to loss instead of making profit. If we are have enough money to risk why not put some into crypto and full your bags with coins, we are actually moving up and in few months coming your probably celebrating.

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May 25, 2019, 09:56:18 PM
 #21

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
Well some things are just obvious, BNB was bound to go up because of how binance is big and popular exchange so people really invested in it and even after the hack they are still going strong, many people are just aimlessly investing in coins and making decisions only based on the price and not the actually coin it self, therefore they usually miss these bullruns, if you wanna trade a coin you need to believe in it be patient and support it through the tough times in order to be on front seats of those bull runs when they happen.
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May 26, 2019, 02:50:40 AM
 #22

The delay makes us regret, when some people say sell your bitcoin in the past 2017, but I didn't listen, I instead bought another coin and finally the coin fell. Sometimes we think, our minds are better than someone, but apparently not.
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May 26, 2019, 04:01:25 AM
 #23

We must take every opportunity to buy while the prices are still low. We never know how a coin could reach high just like Bitcoin. We shouldn't underestimate potential coins and better not wait for the lowest price when we can invest when the prices are still affordable. Better apply the buy low and sell high strategy to earn.
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May 26, 2019, 04:51:27 AM
 #24

The delay makes us regret, when some people say sell your bitcoin in the past 2017, but I didn't listen, I instead bought another coin and finally the coin fell. Sometimes we think, our minds are better than someone, but apparently not.

Listening to someone else is not always a good idea especially if you dont know the person and besides its always a good idea to prefer hodling rather than selling as long as the cryptos that you hodl is a good crypto because they always have the potential to pump more in the future  .

Your mind or your own instics is actually better than someone else because that is your life and that is your money . No one can controll you  .
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May 26, 2019, 10:38:13 AM
 #25

They said, "you can't please everybody". Your friends have probably target on what coins should they buy or not. Maybe BNB are not on their list or maybe they don't trust your TA about that coin. And yeah, look how far and how high BNB's price right now. Those who didn't buy when they thought BNB is really high has regret feelings now. 
I do think they are not aware how dip easr the price of BNB before.
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May 26, 2019, 10:55:58 AM
 #26

It's really hard to see where the price is going to bottom, you might catch a falling knife in return. That's why investing in crypto is very very risky, and you should learn to at least mitigate that risk. If you're not comfortable getting in and buying then don't do it. But in return, you shouldn't regret any of your bad decisions, but learn from it.

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May 26, 2019, 11:24:39 AM
 #27

BNB's price when rising to $ 20 really makes traders worried about buying it. Because when the market is the strongest growth at the end of 2017, the price of BNB is only at $ 16 and this is the time of recession but its price is quite high. Besides, China is suffering a lot of economic losses due to war with the US.
We should sympathize with traders because the crypto market is very unpredictable and the investment risk is very high.

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May 26, 2019, 01:50:58 PM
 #28

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
We keep on doing this, we give so much advice to people and yet very few react positively on this. Its not our loss anyway but we have to help each other, now let's encourage everyone again to buy while the price of bitcoin are still on $8k level. This is the truth, bitcoin will not stay below on this level because it will start to grow if you haven't heard the news about facebook coin try to research that because it can help the price of bitcoin to pump, so try to invest more now.

We can't dictate others to follow our piece of advice to them.
Sometimes you will just end up saying - "I told you so."
It is their own money, so they can manage it at their own disposal.
What if you gave a 'wrong' advice, instead of going up, the value of the coin decline?
So who is to blame with the situation? So I guess, we should never push a person according to our own disposition.
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May 27, 2019, 03:41:32 AM
 #29

You are right, although it is good to do some kind of analysis so that some fundamental analysis can be generated, because all the time the technical analysis can be invalidated, in these cases it is better to follow some of Warren Buffet's teachings, which consists of see how the action is or how is the currency that will be studied to invest, if it is given, it is better to follow it up at the level of the whole history that has been generated, that is, since it was released, so make predictions possible taking into account the intrinsic value that determines from there its price in the market.

That is why when launching the value of any altcoin, the intrinsic value that is given is taken into account, which can be changed in its prices due to the free market of supply and demand.
But if a study should be made taking into account the market capitalization because that is where the volume is taken into account so that the currency begins its history and is studied from its structure.

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May 27, 2019, 04:43:42 AM
 #30

Quote
Procrastination is a thief of money (crypto version).

I am not surprised with this shocking truth anymore as it is so common when we talk about investments and opportunities. So why are we procrastinating? There are many reasons for that but the main one is doubt. Just like the example that you gave here with that of BNB at $20 I for one can conclude that it is already too high and I might be waiting for BNB to go down a bit maybe around $15 for me to enter but alas the problem is that it kept on going up. The same thing can happen if we are not prepared with the coming big or parabolic bull run of Bitcoin.
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May 27, 2019, 05:00:33 AM
 #31

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
yep, with the growth as fast as now, I don't think BNB will stop and the price falls. everything is at a great stage and that is attracting more outside investors. that's why our capitalization is growing up to $ 300 billion.
I'm quite happy because I bought BNB at $ 26. I will continue to hold it until it increases to $ 42-45.

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May 27, 2019, 10:47:47 AM
 #32

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
One thing we need to learn in order to make profit in this crypto market is patience, without it we might miss out from all bull runs coming to the crypto space, I have been in the crypto world for sometime and have seen many thing happen over and over again, so I am not too bordered when I see some things, rather I love to take advantage of it and make profit for myself. There is no state of the crypto market that one can't make profit, just know how to play your cards right and you will see great results.
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May 27, 2019, 02:18:23 PM
 #33

Trading is all about risk and profit,  i cannot tell if its a bull run already or just a bull trap but comparing the price of the market from 2017 it has a lot more room to fill for me its not too late to enter again,  the market is slowly moving up but still having a pullback, its actually good to do day trading just in my opinion

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May 27, 2019, 02:29:31 PM
 #34

Most of the time people are not listening to one another when its comes from cryptoworld because people think cryptocurrency is a scam. If you are traders you will understand why its better to make a hold we cannot tell the exact amount of the bottom or top.
Making a trade or holding is a high risk situation everything can be change .

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May 27, 2019, 02:45:09 PM
 #35

So you’re saying it’s time to buy alts, that is right. However, in the long scheme of things, if someone holds a top alt or btc will gain. Pumping of Bitcoin and other alts get attention others. I think Alt season still far away. Don't FOMO and buy shitcoins thinking that the next bull run could move your coins as well.

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May 27, 2019, 02:54:28 PM
 #36

Don't FOMO and buy shitcoins thinking that the next bull run could move your coins as well.


This is the mistake some of us made while joining the crypto world as newbies. When you don't know a coin that the community is no longer active or it is already scheduled to be delisted by an exchange, it stays with you  Grin
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May 27, 2019, 03:04:04 PM
 #37

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.
Well that’s what we called volatility,and remember that in crypto nothing is permanent,the dumping coin today might be the pumping one tomorrow
Quote
I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.
Lol that same thing what those early adopters says to their friend before bitcoin spikes to a thousand dollar value
Quote
My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
But this is how market must be,if we will have same thinking then for sure crypto market will die soon,for someone to profit there must be another one to lose









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May 27, 2019, 03:08:17 PM
 #38

Don't FOMO and buy shitcoins thinking that the next bull run could move your coins as well.


This is the mistake some of us made while joining the crypto world as newbies. When you don't know a coin that the community is no longer active or it is already scheduled to be delisted by an exchange, it stays with you  Grin

Its likely not to happen these days though because those altcoins that survived the long crypto winter must have been worth keeping it alive. So those coins that died just recently because of the bear market, deserves to die. I have a different feeling about the bullrun today is going to be a bullrun of the century because ultimately the adoption is going to happen and people might not believe on fud anymore coming from the banks and government.

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May 27, 2019, 03:28:18 PM
 #39

Trading is all about risk and profit,  i cannot tell if its a bull run already or just a bull trap but comparing the price of the market from 2017 it has a lot more room to fill for me its not too late to enter again,  the market is slowly moving up but still having a pullback, its actually good to do day trading just in my opinion
If you can handle the pressures of volatility you can work out with day trading, seeing the market quick movements can be a tough calls to make
with day trading, you have to manage your skills and you need to work more with possible influenced that can make the market moves, holding
coins or start investing will be an option for traders who's eager to take the pressures.

Work with your knowledge and keep planning your next movements, don't rush it up but careful analyze everything first.
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May 27, 2019, 04:44:40 PM
 #40

That is what people say if they don't have an interest in one or two coins, and they still reject to buy the coin.
But then they are disappointed to miss the chance to buy the coin because the price was got a rally to the high price.
Yes, I agree with your advice.
Just do what you want to do and don't make a "too" deeper analysis because if you cannot do it in the short time, then you only spend your time without having a chance to make a profit.
Sometimes, it’s not that they don’t have interest in the coin, but financial constraints sometimes could cause some of those decisions to wait for a coin to deep before investing. Take myself as an example, I have been investing in coins since 2017 after the bull run which I am yet to get my investment back and it has so much gotten to a peak now where I don’t have much cash to invest again.

Opportunity like that of binance might come that one really desires to take, but because there is no much money to do so, we either let it go or wish it becomes very cheap one to be able to buy little on can buy.
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May 27, 2019, 06:14:41 PM
 #41

Smart money was accumulating in the $3000s when the bears were screaming for $2000 and below and/or DCAing during that time, though I would say it's indeed not the worst time to buy and hold coins for long term profits if that's what you're looking for.

You should still remember that FOMO can and will destroy you if you let it run unmanaged. While you might be losing out on profits by not buying in at a certain time, you could also lose money by FOMOing near the top of a movement (worse than sitting out IMO). Patience is rewarded in crypto; you should still be looking for good entries even if you're trying to buy and hold for long term gains.
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May 28, 2019, 10:39:50 AM
 #42

Smart money was accumulating in the $3000s when the bears were screaming for $2000 and below and/or DCAing during that time, though I would say it's indeed not the worst time to buy and hold coins for long term profits if that's what you're looking for.

You should still remember that FOMO can and will destroy you if you let it run unmanaged. While you might be losing out on profits by not buying in at a certain time, you could also lose money by FOMOing near the top of a movement (worse than sitting out IMO). Patience is rewarded in crypto; you should still be looking for good entries even if you're trying to buy and hold for long term gains.
The little issue I see with some investors is that they all listens and follows people’s opinions a lot. Some investors has actually been patient enough to continue holding till the ATH of this new trend is attained, but they eventually end up listening to some advises of them selling off now with the profit they see now and then buy back when the market dips again.

This is why you see many of them all waiting for a coin to go down in value for them to get the chance to buy low again after taking profit, they keep waiting for this dump till it done on them that they are beginning to miss the train when they see price spiking and before they could make decision to join the train again, they are already falling for FOMO. The best I think for investors is never to take profit till bitcoin gets to its ATH.
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May 29, 2019, 11:01:55 AM
 #43

Well it depends on the coin and the term of the investment, buying a strong coin immediately is good, if the price go down it tend to go up in the long term, but if you buy weak coin then need to be careful because once it drop it could be hard to gain momentum, nobody could predict correctly 100% when is the bottom, but by learning indicators and market situation it could help us to determine where will be the bottom
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May 29, 2019, 05:40:45 PM
 #44

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
If I knew you, I would have been among those your friend that has probably missed out of the train, those were exactly my words till Binance coin increased from $15 to $35 and I never had any investment in it. I kept thinking it has been over bought and would still dump hard, and this is same way many people will also miss out of the bitcoin train with this mentality also.

This trend has already started and there is nothing forcing us back to the bear market again, so whatever investment that is needed to be done should be right now without much hesitation, in order to be among the future millionaire off BTC.
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May 29, 2019, 06:02:05 PM
 #45

   50/50 is kind of prediction which may be used for everything. So it's easy to say 50/50 towards bitcoin and it's next move.
   There is no need to wait for a bottom. Buy bitcoin now and with good period of waiting its just 100% guaranteed profitable.



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May 29, 2019, 06:11:50 PM
 #46

Well it depends on the coin and the term of the investment, buying a strong coin immediately is good, if the price go down it tend to go up in the long term, but if you buy weak coin then need to be careful because once it drop it could be hard to gain momentum, nobody could predict correctly 100% when is the bottom, but by learning indicators and market situation it could help us to determine where will be the bottom
If having the skills to analyze indicators can make you have a prediction even though it is not 100% correct, then at least that is a separate motivation for him, so the bottom can be obtained for his own version. This method shows that he does not become a FOMO and will make his own decisions which in the end can make a good profit or may be a loss due to an mistake in analyzing the indicator.

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May 30, 2019, 02:00:42 AM
 #47

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
While bull markets can appear at an incredible speed the price of bitcoin before the recent recovery was down for more than a year, that was more than enough time to save all the fiat you could and wait for your opportunity, if people decided to not take advantage of it then that is their problem, even buying bitcoin at the current price is an incredible opportunity but I can assure you that most people are not going to take it because they will want the price of bitcoin to go below 4000 and it is unlikely we will go that low again.

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Caladonian
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May 30, 2019, 02:29:55 AM
 #48

Well it depends on the coin and the term of the investment, buying a strong coin immediately is good, if the price go down it tend to go up in the long term, but if you buy weak coin then need to be careful because once it drop it could be hard to gain momentum, nobody could predict correctly 100% when is the bottom, but by learning indicators and market situation it could help us to determine where will be the bottom
If having the skills to analyze indicators can make you have a prediction even though it is not 100% correct, then at least that is a separate motivation for him, so the bottom can be obtained for his own version. This method shows that he does not become a FOMO and will make his own decisions which in the end can make a good profit or may be a loss due to an mistake in analyzing the indicator.
It's always that way, there's different points of view regarding to this investment field, investors wanted to follow their own patterned and due their
own will they will place their positions according on how they understand the possibilities of the next anticipated momentum.

If you can analyze and you are trusting your assessment, placing your money will give you enough confidence to invest in a particular projects.
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May 30, 2019, 03:41:24 AM
 #49

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
My experience is, bull run will always give us profit by all means. When you see the market growing strangely and for no reason. Please buy more and put it at a price higher than the purchase price of 15%. You will definitely be profitable.
I did it 4 times in 1 month and my formula is completely correct. Cheesy

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May 30, 2019, 05:38:25 AM
 #50

I agree of course that some of the coins already in the bottom will not, but I believe there are coins from top-10 coinmarcetcup not yet reached its peak and you can say you can still catch the last train.
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May 30, 2019, 07:09:43 AM
 #51

Everything depends on each person. Suppose your friend is sure of your words and buys a few coins, then the coin is worth under $20 for a long time, surely your friend will sell it and suffer a loss. In my opinion, crypto trading greatly affects the mentality of traders when buying and selling, moreover there are many negative issues at that time.
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May 30, 2019, 07:31:33 AM
 #52

Though I agree with you, but I respect who are waiting to buy at the dip! Because It's a 50/50 chance! I remember when the Bitcoin price was 18K USD, one member posted like this one, some people bought and then they hold to sell at 40K USD! We all know what happened next! So, it is better to hear own mind about investing. 90% of people here like to suggest someone to buy and hold, no one suggests selling!

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May 30, 2019, 08:06:02 AM
 #53

Many people that failed to buy bitcoin and other coins in early 2017, regretted not doing so at the end of the year when bitcoin went as high as $20090 around 13th of December. The reality is that it is very difficult for bitcoin to get dump to the level they want to buy and they are there waiting for miracle to happen so that everyone will dump their bitcoin so that they can buy cheap. Bitcoin is heading towards if not above $20,000 again and it is currently around $8000 and that means you can still buy bitcoin at the price now and make good prices when it got to $20,000, however, that is subject to how much you have and the level of risk you can take.
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May 30, 2019, 08:07:18 AM
 #54

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.
That's why I try to dilute my investments into parts. I do have a lot of bnb not because I purchased it but I had affiliates and whenever they traded something useless I just turned their dust into bnb and now I do have a fair amount of bnb. I usually work and earn bitcoin instead of buying so I have plenty of bitcoin at any given time until I spend them, I don't usually spend all of it and leave a bit aside which I like to play with.

I don't care how much a coin is because I do not invest for today or tomorrow, I want to retire early and not need to work ever again in my life, that is why I invest for like 10+ year investment and that means the current price is irrelevant, if I like the coin I buy it and store it and leave it at that. I even have coins that bottomed so hard that I am not sure if they will be capable of going back up any time soon but in 10 years they will probably either cease to exist or will be great.
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May 30, 2019, 08:39:06 AM
 #55

Though I agree with you, but I respect who are waiting to buy at the dip! Because It's a 50/50 chance! I remember when the Bitcoin price was 18K USD, one member posted like this one, some people bought and then they hold to sell at 40K USD! We all know what happened next! So, it is better to hear own mind about investing. 90% of people here like to suggest someone to buy and hold, no one suggests selling!
With how much hype there was going on, and the fresh money that kept flowing into crypto, $40k wasn't entirely impossible. At peak it would 'only' require the price to double in order to be worth $40k.

Not many people had the chance to buy or sell the peak, which was positive for people buying because they were forced to buy in around the $15k mark, which is still high, but much better than buying at $20k or more.

Don't forget that South Korean exchanges had to deal with a $5000 premium, which has vanished completely the moment the price started to correct. These people are the true bag holders in crypto.

BSV is not the real Bcash. Bcash is the real Bcash.
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May 30, 2019, 02:08:23 PM
 #56

As everybody always says here that buy at the dip, as long as bull is not exactly kicking in the market lets take the opportunity to grab to buy it now. I know many of the community here are waiting for bull run and they know that where in the stage of taking off the plane. But as long as you have money to buy do it now, that's it!
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May 30, 2019, 02:24:39 PM
 #57

If you won't to be confuse, you can be the investor.
Why ?
Because crypo value usually increase exponentially after 2 years.

But if you trading on short term, you will feel regret more often !

Smiley
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May 31, 2019, 10:15:21 AM
 #58

Well it depends on the coin and the term of the investment, buying a strong coin immediately is good, if the price go down it tend to go up in the long term, but if you buy weak coin then need to be careful because once it drop it could be hard to gain momentum, nobody could predict correctly 100% when is the bottom, but by learning indicators and market situation it could help us to determine where will be the bottom
Indicators only work for coins that are active in the market, no matter how deep you learn to use indicator, it just would not work for some coins, the only coins I have been able to successfully used indicators for which I believed had bottomed already long time ago and now on their bull run is Bitcoin and Ethereum, those are the only coins I trust indicators to work for.

I have so many weak coins in my portfolio that I have tried using indicator for but didn’t work and now they look like shitcoin for me already while Some other altcoins we desire to invest in can only be bought with faith, believing that they had already bottomed.
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May 31, 2019, 10:58:00 AM
 #59

taking fresh positions when there is huge up moves is not good so only many say that entry must be good all though we know bitcoin is bullish but we should get good entry to ride the trend
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May 31, 2019, 06:49:12 PM
 #60

I agree of course that some of the coins already in the bottom will not, but I believe there are coins from top-10 coinmarcetcup not yet reached its peak and you can say you can still catch the last train.

Even the one fact that here, each time somebody is writing about the last chance to catch the last train can be the best signal: you will have tons of these opportunities. Simply follow the market, and it is very volatile.
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May 31, 2019, 07:26:36 PM
 #61

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
It isnt a shocking truth but rather this is a common mistake that an investor can possibly experienced.We do miss out golden opportunities on making
money and its inevitable.Why? We dont know on what things lies ahead.It would just matter for those who do able to take the risk and yes it is just like
a gamble but this time it do have some things that for you to check on.

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May 31, 2019, 08:36:03 PM
 #62

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
what should be done when getting information about a coin is to analyze whether it is true that the coin can be in a good position or not. this is done to avoid things like this when the price of a coin soars and we miss it. so I think it must still be able to be analyzed and studied before acting.
In order to avoid such things you need to be always active in the market what happens, what happened and what will happen in future. When you are updated with the market situations then you will make decisions with the help of such updates. These decisions will help you out to maximize your winning chances of making profit. Be aware of the false analyses and predictions don’t consider them much.
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June 01, 2019, 10:46:16 AM
 #63

This is very often repeated, dont wait for bottom, if you do price can suddenly jump very high, you will stay without coins just cause you waited too long. People have a problem to make a difference between bullish and bearish trends, some people tend to buy on top and than cry when price drop, some people sell on bottom and than cry cause price went up. Shocking truth is that people are crazy, most of the people do trades without thinking and later they regret.



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June 01, 2019, 11:47:12 AM
 #64

Almost the same incident happened to me! I advised my fellow brothers to buy BNB and ONT coin about 3 months ago! They ignored and bought Pundix and NEO coin! Now they are regretting! We don't know what will happen with our favorite coins, it can go bottom or it can go higher, it's a 50-50 chance! But still the community activity, good development can convince you to change your decision! I think Binance still should be the first priority for investment! Because Binance coin has some major updates and they never stopped growing! Even after a major hack, Binance reputation like increased than before! Binance would hit 100 USD in this year and I am on buying zone!

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June 03, 2019, 12:15:59 PM
 #65

Yes, to the sincere its not good to be delaying when you still have time. I'm sorry for those that were playing around when price was at $3000 and they never took the opportunity. Okay the price has gotten this far to $8000 and some of them still don't want to take this only opportunity that they have,  quite funny. They keep on procrastinating and their chances keeps flying over them and before they know it the price has gotten above what it is now, you never know. Bitcoin (cryptocurrency) is unpredictable,  yes, but it's all about taking the risk with what you can afford to risk it with and if you're lucky at the end you will benefit from it. And I don't think anyone needs to be told that bitcoin was bottoming at $3000 then,  some people just made up their mind to miss what's coming.
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June 03, 2019, 06:08:56 PM
 #66

Your beliefs for your friends and community in buying cryptocurrency assets can play a cruel joke with you. If your friends buy now cryptocurrency on your advice, and tomorrow or in a month suddenly the market will collapse, then you will be guilty and will lose friends. Your friends will be left without means of livelihood. Be careful!
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June 03, 2019, 09:44:26 PM
 #67

You are right, but sometimes it can play not in your favor. I had a case when I bought a coin and now its price has fallen. Therefore, we must carefully choose the time to buy.

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June 03, 2019, 11:08:48 PM
 #68

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)

You know why? Because whenever the price drops, people doesnt buy anything instead, they moan about it being a scam or any other negative things. Once the price increases, they change their mind and moan again because they didnt ride the boat. That kind of people dont want to invest crypto, they want to invest opinion that dont really help. Now, its upto you if you will join them or join those become rich on crypro.

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June 03, 2019, 11:17:26 PM
 #69

You are right, but sometimes it can play not in your favor. I had a case when I bought a coin and now its price has fallen. Therefore, we must carefully choose the time to buy.
The luck will not always be on our side. Anything can go sideways and giving piece of advice to anyone is really critical. I'd rather let someone choose his own take on specific investments and experience the results  of whatever they got from it. That would be a good lesson for him on how to deal his own money.
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June 03, 2019, 11:31:23 PM
 #70

You are right, but sometimes it can play not in your favor. I had a case when I bought a coin and now its price has fallen. Therefore, we must carefully choose the time to buy.
The luck will not always be on our side. Anything can go sideways and giving piece of advice to anyone is really critical. I'd rather let someone choose his own take on specific investments and experience the results  of whatever they got from it. That would be a good lesson for him on how to deal his own money.
Well with this very risky investment,i will not personally invite people to invest in bitcoin or any other cryptos because once its price will fall,i don't want to be blamed in the end.I believe once an investor knows the thing well,he will definitely invest in it even if it means too risky for him.Fortune would always come for those who never afraid to take the risks.

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June 04, 2019, 04:40:02 AM
 #71

Your beliefs for your friends and community in buying cryptocurrency assets can play a cruel joke with you. If your friends buy now cryptocurrency on your advice, and tomorrow or in a month suddenly the market will collapse, then you will be guilty and will lose friends. Your friends will be left without means of livelihood. Be careful!

But trying to help the firends os also a food thing but we have to make them understand about cryptocurrency rather than saying it can give quick profits.
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June 04, 2019, 05:25:19 AM
 #72

A lot of crypto enthusiasts were regreting these days that they didn't buy bitcoin and altcoins early this year wherein the prices are really low. They'd think that the market will not recover. If they acquire bitcoin that time, bitcoin had increased 400% already. That is huge profit already, right? Now, acquiring great coins these days maybe not too late. The prices are still going up.
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June 04, 2019, 05:57:50 AM
 #73

You are right, but sometimes it can play not in your favor. I had a case when I bought a coin and now its price has fallen. Therefore, we must carefully choose the time to buy.
I don't think if someone who bought coin and its price fallen when he has bought will make him lost if he knows that its price will up again. Beside you have to know when you buy and when you sell, you have to know also the patience is really need to store money on cryptocurrencies. You will noy find a loss if you have a patience and you will get profit also as you wanted maybe if you have a patience as long as you choose cryptocurrencies such as bitcoin or ethereum.
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June 04, 2019, 06:11:04 AM
 #74

You are right, but sometimes it can play not in your favor. I had a case when I bought a coin and now its price has fallen. Therefore, we must carefully choose the time to buy.
I don't think if someone who bought coin and its price fallen when he has bought will make him lost if he knows that its price will up again. Beside you have to know when you buy and when you sell, you have to know also the patience is really need to store money on cryptocurrencies. You will noy find a loss if you have a patience and you will get profit also as you wanted maybe if you have a patience as long as you choose cryptocurrencies such as bitcoin or ethereum.
Sometimes we cannot predict the future of the market. for example, yesterday the price of BTC is at $ 8k5, which is a dream number and after I woke up, its price dropped to over $ 7k6. In the crypto market, we should not predict and believe the win will belong to us. Be patient and know how to manage risks.

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June 04, 2019, 06:25:27 AM
 #75

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)

No doubt that BNB is one of the main top exchange in the market, it never go up at top 6 level it always belongs to top 3. For many bull run is already happening while to others is not. For me it doesn't matter if bull run is happening or not, for what matter most is that the market was showing a good performance were most of the holders are smiling by now.
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June 04, 2019, 02:09:27 PM
 #76

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
We keep on doing this, we give so much advice to people and yet very few react positively on this. Its not our loss anyway but we have to help each other, now let's encourage everyone again to buy while the price of bitcoin are still on $8k level. This is the truth, bitcoin will not stay below on this level because it will start to grow if you haven't heard the news about facebook coin try to research that because it can help the price of bitcoin to pump, so try to invest more now.
we know that the market is in an uptrend conditions now and that requires us to take advantage of the best possible opportunities, especially when the price corrections and falls. because not long the price will definitely rise again. I think that continuing to buy when falling prices are a good thing also, an uptrend will make price keep rising
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June 04, 2019, 02:57:21 PM
 #77

Stop chasing the highest peak when you are planning to sell and stop looking for the deepest dip when uou are planning to buy-in. Just buy whenever the price is cheaper and accumulate, and sell on your desired price. No one can predict the market, just go by your own analysis and instinct, trust no one's judgement and speculation.
i agree on your statement above mate.  Because indeed on this circumstance we need to become smart enough if we really want to obtain even at least small profits  instead chasing the peak which is uncertain especially if it's just a speculation . So too good to be true!. And must choose the best way to become successful and to avoid regrets as well. 
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June 04, 2019, 03:08:38 PM
 #78

Stop chasing the highest peak when you are planning to sell and stop looking for the deepest dip when uou are planning to buy-in. Just buy whenever the price is cheaper and accumulate, and sell on your desired price. No one can predict the market, just go by your own analysis and instinct, trust no one's judgement and speculation.
i agree on your statement above mate.  Because indeed on this circumstance we need to become smart enough if we really want to obtain even at least small profits  instead chasing the peak which is uncertain especially if it's just a speculation . So too good to be true!. And must choose the best way to become successful and to avoid mistakes.
Nothing to look good if we are always at the negative side. Its something we need believes crypto and never give a way that our doubts and uncertainty will control our minds making a decision to move out instead of going straight into our goal.

Not OP has been blaming his friends about a huge mistake of his friends but it makes him down cause he even not get trusted by them. How much more with the other person? Maybe would still the same.

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June 04, 2019, 04:45:19 PM
 #79

Stop chasing the highest peak when you are planning to sell and stop looking for the deepest dip when uou are planning to buy-in. Just buy whenever the price is cheaper and accumulate, and sell on your desired price. No one can predict the market, just go by your own analysis and instinct, trust no one's judgement and speculation.
i agree on your statement above mate.  Because indeed on this circumstance we need to become smart enough if we really want to obtain even at least small profits  instead chasing the peak which is uncertain especially if it's just a speculation . So too good to be true!. And must choose the best way to become successful and to avoid regrets as well. 

That is what we need to do in trading because if we are chasing the profit, we can lose the chance to get the profit itself and that will happen too if we are chasing the good price to buy. But we need to analyze first, and that is the key that we need to understand in trading so we can make a target price to buy and sell and the last, we can make a profit at the price we want.

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June 04, 2019, 04:47:18 PM
 #80

Well we can't blame their perception on how big of an opportunity drops can be. They'll stay on what they think is the "best" for them and hide into their bunker until the price rises into the price they're eyeing at. I only heard people saying that it is a scam rarely. Some of them don't even start trading yet and they're already having these words.
7.9k was quite a drop for me, while I was eyeing on the 10k breach, didn't happen just yet. I didn't panic tho, unlike some traders that can't bear too much losses.
I think everyone was taken by surprise by the decrease in the price of bitcoin, it is not only the magnitude of the movement but how fast it happened, I was watching the market precisely at that time and everything was fine, then I took an hour off and had something to eat and when I came back I saw a huge negative candle that was incredible, it seems to me some people finally began to take profits and this caused the massive drop in the market and if the weak hands get scared we could easily see the market returning to 6k or 5k.

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June 04, 2019, 05:44:42 PM
 #81

Well we can't blame their perception on how big of an opportunity drops can be. They'll stay on what they think is the "best" for them and hide into their bunker until the price rises into the price they're eyeing at. I only heard people saying that it is a scam rarely. Some of them don't even start trading yet and they're already having these words.
7.9k was quite a drop for me, while I was eyeing on the 10k breach, didn't happen just yet. I didn't panic tho, unlike some traders that can't bear too much losses.
I think everyone was taken by surprise by the decrease in the price of bitcoin, it is not only the magnitude of the movement but how fast it happened, I was watching the market precisely at that time and everything was fine, then I took an hour off and had something to eat and when I came back I saw a huge negative candle that was incredible, it seems to me some people finally began to take profits and this caused the massive drop in the market and if the weak hands get scared we could easily see the market returning to 6k or 5k.
Anything can really happen on an instant or short possible of time.We do have price increase rally for a couple of months or weeks on bitcoins price but look at we
now where the price do drop from 8900 to 7600 as of this moment and for worst it might even go more lower going back to 6k but well these corrections do happen
and who knows that the next shoot up will break up 10k price point.

R


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Mux@
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June 04, 2019, 08:43:56 PM
 #82

Well, today happened something what I was talking about yesterday: https://bitcointalk.org/index.php?topic=5147018.msg51337762#msg51337762
A top cryptocurrency fell by 10 percent or more. What would your friend have told you after investing yesterday? He would have been in a bad mood.
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June 04, 2019, 10:51:13 PM
 #83

Well we can't blame their perception on how big of an opportunity drops can be. They'll stay on what they think is the "best" for them and hide into their bunker until the price rises into the price they're eyeing at. I only heard people saying that it is a scam rarely. Some of them don't even start trading yet and they're already having these words.
7.9k was quite a drop for me, while I was eyeing on the 10k breach, didn't happen just yet. I didn't panic tho, unlike some traders that can't bear too much losses.
I think everyone was taken by surprise by the decrease in the price of bitcoin, it is not only the magnitude of the movement but how fast it happened, I was watching the market precisely at that time and everything was fine, then I took an hour off and had something to eat and when I came back I saw a huge negative candle that was incredible, it seems to me some people finally began to take profits and this caused the massive drop in the market and if the weak hands get scared we could easily see the market returning to 6k or 5k.
Yeah, btc did unexpected again, well as always. I thought the resistance in $8k is kinda tough but then this happen. Hope panic selling won't happen, this will cause the price to drop even more. If ever things doesn't go well, I had to postpone my plan to sell and just wait for the price to get back.
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June 04, 2019, 11:14:33 PM
 #84

This is the kind of decision that every investor faces as part of their daily routine, and precisely the ability to keep a cool head in the face of the rumors that swarm everywhere is what differentiates an expert from an apprentice.

Personally I think it is never a good decision to buy after a strong bullish rally like the one observed a few days ago, so we must remain as astute hunters stalking our prey, waiting for a major correction to enter the market and buy at the right time, even when the bitcoin is worth 100K, it will be a good offer to buy at $60K after a major correction, although at this time buying at that price may seem crazy.

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June 04, 2019, 11:34:18 PM
 #85

This is the kind of decision that every investor faces as part of their daily routine, and precisely the ability to keep a cool head in the face of the rumors that swarm everywhere is what differentiates an expert from an apprentice.

Personally I think it is never a good decision to buy after a strong bullish rally like the one observed a few days ago, so we must remain as astute hunters stalking our prey, waiting for a major correction to enter the market and buy at the right time, even when the bitcoin is worth 100K, it will be a good offer to buy at $60K after a major correction, although at this time buying at that price may seem crazy.

So when is the right time to buy?

After a big bearish dump people are so shocked and thinking if there's going to be a follow up and a new lower bottom. Like when we first we went down to 4000 and 3 weeks later were at 3000. Some people wait for better prices to buy and sell and are more careful traders and some people go for it here and now and if it doesn't go their way they take a small loss. We can't say that missing an opportunity is better or worse than trying and taking a loss.
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June 04, 2019, 11:42:16 PM
 #86

Stop chasing the highest peak when you are planning to sell and stop looking for the deepest dip when uou are planning to buy-in. Just buy whenever the price is cheaper and accumulate, and sell on your desired price. No one can predict the market, just go by your own analysis and instinct, trust no one's judgement and speculation.

Speaking of dips, BTC/USD weekly candle closed as a doji after a bull-rally lasting approximately seven weeks.  LTC/USD weekly candle was also a pin-bar. These two pairs might be gearing up for a slight dip before a parabolic bull-run. Less volume of both coins was also traded in the markets throughout the last two weeks. Maybe this is the dip for conservatives and cautious traders to join the rally? Which relatively new coin is likely to ride on such a rally if it materializes?    

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June 05, 2019, 06:39:06 AM
 #87

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
The risk of investing into the market when the price is at an all time high valuation is really high, you really cannot predict the market and you never know whether the coin is being manipulated by the billions of rupees the owner has after the hack and they might be even looking for a good price to dump the entire coins when they recover the loss they encountered, so anything is possible i the market and you never know why the price goes higher just after the hack, like someone can speculate for the positive, we have to anticipate the negative side too.
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June 05, 2019, 07:17:56 AM
 #88

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
The risk of investing into the market when the price is at an all time high valuation is really high, you really cannot predict the market and you never know whether the coin is being manipulated by the billions of rupees the owner has after the hack and they might be even looking for a good price to dump the entire coins when they recover the loss they encountered, so anything is possible i the market and you never know why the price goes higher just after the hack, like someone can speculate for the positive, we have to anticipate the negative side too.
we cannot trade without taking risk and that is why it is very hard to buy if you are not a risk taker at any price bitcoin or any other coins fall to. Bitcoin may get dip to even $1000 at the moment and the fearful will be thinking that it is death and no need to invest in it why the risk takes will buy them in thousands of units and become another whale in future.
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June 05, 2019, 07:37:14 AM
 #89

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)
The risk of investing into the market when the price is at an all time high valuation is really high, you really cannot predict the market and you never know whether the coin is being manipulated by the billions of rupees the owner has after the hack and they might be even looking for a good price to dump the entire coins when they recover the loss they encountered, so anything is possible i the market and you never know why the price goes higher just after the hack, like someone can speculate for the positive, we have to anticipate the negative side too.
I totally agree with your opinion. I think the friends of the effect were right without investing in Binance. because they do not understand why BNB is rising too fast, meaning they are anticipating risks and do not want to invest.
Investing in what you don't understand means that we are giving away our money. We will be very disoriented when prices fluctuate.

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June 06, 2019, 11:24:37 PM
 #90

Even though I haven't experienced many parabolic sessions of the crypto market, my little observations I made in the immediate past one is that, we're all likely to miss the boat of the next run again. Especially if you're not holding much coins already. I'm saying so because the bull run/market comes like a snake attack- subtle, tactical, unexpected and quiet and by the time we realize, we're already at the top again.

I quite remember telling a few friends to buy BNB when it was around $20 buh they were saying it's high buh now look, it's even higher.

My advice: Stop thinking there's gonna be another last bottom (it's a 50/50 bet which can go either way), and just buy /invest into anything you think it's good to buy...Procrastination is a thief of money (crypto version Smiley)

the cryptocurrency market always surprises the holders, some of us will always get big profits because they can buy a few coins when the price is very low. sometimes in a short period of time beyond our expectations, market price movements can experience a very sharp increase, for example when we fall asleep, a bullrun suddenly appears. therefore, in any situation if we believe in coins to be traded, as much as possible we should take advantage of the situation by investing our money as much as we can so that we can get benefits in the future

 
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June 07, 2019, 01:10:37 PM
 #91

Indeed if you are feeling the bullrun go on and hoard as many coins as you can specialy coins on the top or CMC rankings,or whenever you see the low bottom of the coin go for it because it will not take a long time for the bullish market to return.Hodling established coins will surely earn you when bullish market attack.Always buy on the dip they say Smiley
It is really true! Holding while the market is in bearish period is good but you need also to consider bullrun when holding your assets. I want to sell my crypto right now and return when the price goes down again. If I just have sufficient money, I will buy and buy bitcoin specially when it is at dipped.

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June 07, 2019, 04:24:31 PM
 #92

This is the kind of decision that every investor faces as part of their daily routine, and precisely the ability to keep a cool head in the face of the rumors that swarm everywhere is what differentiates an expert from an apprentice.

Personally I think it is never a good decision to buy after a strong bullish rally like the one observed a few days ago, so we must remain as astute hunters stalking our prey, waiting for a major correction to enter the market and buy at the right time, even when the bitcoin is worth 100K, it will be a good offer to buy at $60K after a major correction, although at this time buying at that price may seem crazy.
While many concentrate on the moment when they buy their coins the truth is that it is way more important to decide when to exit a position, there are many that bought bitcoin at a reasonable price at the end of 2017 and could have got huge profits if they just got out of the market at the right time but they didn't and they kept holding their coins and instead of profits they got losses, this shows the importance of having a complete system that tells you what to do in every circumstance and does not only tell you when to enter the market.

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June 07, 2019, 04:29:09 PM
 #93

Predicting top and bottom of any coin in crypto market is hardest thing I believe. Now see if someone could have buy BNB at $20 he may have earned much money by now but what happens if BNB would have again back to $10. Its always a 50/50 situation as mentioned by someone earlier in this thread. Managing the trade smartly is what we need to learn, don't run behind the train, market will always be there, so chose the right point to enter and come out with your pre decided profit target, coin may run much after a that point but leave it as you have already cash in some buck.

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June 07, 2019, 05:24:45 PM
 #94

Predicting top and bottom of any coin in crypto market is hardest thing I believe. Now see if someone could have buy BNB at $20 he may have earned much money by now but what happens if BNB would have again back to $10. Its always a 50/50 situation as mentioned by someone earlier in this thread. Managing the trade smartly is what we need to learn, don't run behind the train, market will always be there, so chose the right point to enter and come out with your pre decided profit target, coin may run much after a that point but leave it as you have already cash in some buck.
Right, join in any price that we really sure it is profitable is good too. As long it can give us profit, i think bottom or any price is already a good choice.  Because if me personally must decide which is bottom, is actually hard for me to do.

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June 07, 2019, 05:45:56 PM
 #95

Predicting top and bottom of any coin in crypto market is hardest thing I believe. Now see if someone could have buy BNB at $20 he may have earned much money by now but what happens if BNB would have again back to $10. Its always a 50/50 situation as mentioned by someone earlier in this thread. Managing the trade smartly is what we need to learn, don't run behind the train, market will always be there, so chose the right point to enter and come out with your pre decided profit target, coin may run much after a that point but leave it as you have already cash in some buck.
It's needs a good strategy to plan your position, there's a lots of works anticipating the bottom and grab a good timing to start your investment, as well with targeting the peak and sell your assets, there's no specific patterned  to follow but your own instinct and believe with the project, invest with the
amount you can longing to hold so you have enough time to decide, by using spare money you can always reassess your position and you will not going
to act quickly but instead you will be able to act accordingly.
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