Pet240
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July 12, 2019, 11:19:48 PM |
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Those who are trading between bitcoin and fiat, will be able to tell how easy or uneasy it is to switch in between the two. Some people would have lost greatly, due to that and some would have tremendously gained. In a situation like this, whoever is greedy will suffer most.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Eildosa
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Activity: 572
Merit: 10
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July 12, 2019, 11:24:52 PM |
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It is always difficult to trade. It is necessary to have knowledge in order not to lose everything in one moment. The most important thing is that you have to make your own decisions. Only then will you succeed. Don't listen to other people's predictions.
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Hypnosis00
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July 12, 2019, 11:36:05 PM |
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It is always difficult to trade. It is necessary to have knowledge in order not to lose everything in one moment. The most important thing is that you have to make your own decisions. Only then will you succeed. Don't listen to other people's predictions.
Maybe your right and we have our own market predictions but we can't just disclose to have some basis of what the others have observed the market. Have to know that trading life isn't easy work for us, yet we need to work on it and closely check its trend before you've missed the perfect time to sell. Well, that option to become a trader is a big challenge and sad thing to know that not all of the traders get successful. |
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Sri rahayu
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July 13, 2019, 03:59:06 AM |
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It is always difficult to trade. It is necessary to have knowledge in order not to lose everything in one moment. The most important thing is that you have to make your own decisions. Only then will you succeed. Don't listen to other people's predictions.
That's right what you say, but at least we need advice from the right person to do the right research and analysis. In addition, we also learn to fight emotions and feelings of fear when trading as I now learn. |
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Kezacky
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Activity: 732
Merit: 10
https://www.epsiloan.xyz
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July 13, 2019, 04:17:19 AM |
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not only bitcoin but all crypto that you trade are also very high risk. But if you are not prepared for this I think you need to invest long-term but with potentially high coins. this is only to avoid your loss quickly besides trading and does not mean it is not risky too, because all of that is indeed at high risk. the important thing is that you must be sure of every plan that you will decide.
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nhamoitruonghoc
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Activity: 104
Merit: 12
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July 13, 2019, 04:25:17 AM |
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If someone are not familiar with trading, and lack of knowledge & skills & experience to effectively and profitable trading, they should only buy and hold. Buying and holding bitcoin will help them get profits from their investment in bitcoin. There is no reason to trade if you are not traders.
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davinchi
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Merit: 1058
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July 13, 2019, 05:46:40 AM
Last edit: July 16, 2019, 06:53:25 AM by davinchi |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds.  In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months. But we see today's prices are falling. Is this only temporary? [im g]https://i.imgur.com/BszEUl9.png[/img] It is a very big challenge to predict the movement of bitcoin, and if anyone is to trade bitcoin at this time, I think we just need to avoid being greedy, any increase we see, we take it and wait for correction, because if we keep waiting for a bigger increase before correction, it may make a U-turn against our trade and make us lose the opportunity to take the profit that we ought to have taken, and then we have to wait for several days or week for another increase opportunity again. It has really not been so fun for people trading, it got to a point I just felt like leaving the coin for long term holding, and just keep monitoring the market till it gets to ATH before taking my profit. This decrease we often see now will be temporary, it is just corrections that often occur and I am sure that before the end of the year, $20k will be very possible. |
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michellee
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July 13, 2019, 07:03:19 AM |
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If someone are not familiar with trading, and lack of knowledge & skills & experience to effectively and profitable trading, they should only buy and hold. Buying and holding bitcoin will help them get profits from their investment in bitcoin. There is no reason to trade if you are not traders.
Maybe they can buy and sell when the price increase so they can make a profit. No matter if the profit amount is not too big depends on the other people, it still a profit and they can do that many times. But if they only want to buy and hold, then that will good for them as we see bitcoin price is up and down every day so they can still make a profit. We don't have to push ourselves to trade if we don't have skills and only hold in a long time that will help us to gain more profit. |
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1BTC EQUALS 1CAR
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July 13, 2019, 09:21:33 AM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months. But we see today's prices are falling. Is this only temporary?  When bitcoin goes up, you all say it is a bull trap. But when it's down you are also worried. You should keep your faith in bitcoin and instead of worrying so much, you should be thankful with the opportunity of getting a cheaper bitcoin because in my own observation, btc won't ever touch any price below $10k. It could be the last chance for everyone to buy before we make the stongest bullrun. |
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Nezerlan
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Activity: 214
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July 13, 2019, 11:56:50 AM |
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I think volume plays a major role in the price of bitcoin. I noticed before the last pump, the volume was increasing steadily. Then just went the price was about to go down, the volume started falling. So if you plan on trading btc right now, make the volume your friend. It will show you which direction trades are going
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RideNodeTM (RIDE) is the First American Ride and Transportation Blockchain and Virtual Currency.
https://ridenode.io/[/cent |
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efrenbilantok
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Activity: 576
Merit: 39
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July 13, 2019, 12:23:28 PM |
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But we see today's prices are falling. Is this only temporary?
It might be temporary or it might continue to fall, no one will perfectly predict that, but I would say that FOMO is going around in BTC strongly and continuous, I don't think it will just ended too quickly, so my two cents is it is just temporary. |
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adzino
Copper Member
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Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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July 13, 2019, 12:59:12 PM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months. But we see today's prices are falling. Is this only temporary? There are lots of people who give different opinion about the price of bitcoin. Even a random 10 years old kid can say that the price of bitcoin will triple within next two months. All these are just some wild guess and the predictions are made based on past price. Other unexpected factors are never considered when the predictions are made. These unexpected factors actually play a vital role when determining the price of bitcoin. The fall seems to be just temporary. Let's just see what happens within the end of the month. |
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BitTraderCute
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July 13, 2019, 01:40:29 PM |
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I think volume plays a major role in the price of bitcoin. I noticed before the last pump, the volume was increasing steadily. Then just went the price was about to go down, the volume started falling. So if you plan on trading btc right now, make the volume your friend. It will show you which direction trades are going
indeed, there is great hope that investors who want to invest in crypto currency and in my opinion, confidence and patience are the best capital in this investment and are good at utilizing every opportunity we will get. not only patience and confidence , we must have trading skill and knowledge about crypto investment.without this thing impossible for us could survive in market.moreover trading in current time very difficult , market was unpredictable and alot of coins moves extremely. |
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Raja Singa (OP)
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July 15, 2019, 01:38:42 AM |
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Actually this is really a big challenge for every traders who didn't even have enough experience with trading. As a trader who been doing buy and sell for such a long time, the challenge was how to handle certain fluctuations so you could take profit precisely. You must be clever enough in selling your asset once spikes come. Don't miss a good chance while value declined, because that a big opportunity to grow your btc quantity.
Yes. Conditions like this make us confused between selling or not. The problem is if we survive to not sell then the price continues to fall, if we sell it is definitely a loss. Because holding Bitcoin if it drops above -10%, it has already suffered losses of hundreds of dollars. |
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FLHippy
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July 15, 2019, 02:49:25 AM |
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After 5 days Bitcoin lost around 3000USD from its value. I do not think that was all. Next target is around 8k and then 6k - the strongest BTC support line ever, hope that will last long  |
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asriloni
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Leading Crypto Sports Betting & Casino Platform
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July 15, 2019, 03:01:57 AM |
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But we see today's prices are falling. Is this only temporary?
It might be temporary or it might continue to fall, no one will perfectly predict that, but I would say that FOMO is going around in BTC strongly and continuous, I don't think it will just ended too quickly, so my two cents is it is just temporary. Any dump will be temporary but the problem is we don't know how far or deep that dump will be. But this time so many bad news about crypto already appeared especially tether and that will give a huge impact to the crypto especially for bitcoin too. This time a little bit difficult for bitcoin to wake up. FOMO still there but bearish is a little bit strong than it. |
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Ziskinberg
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July 15, 2019, 04:56:53 AM |
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Yes it's temporary and that price even better compared to the current price which is Bitcoin trading at sub $10,000 already, and have fall below $10,000 today. If you panic on that, you'll be more panic today, but I tell you, this price correction is pretty normal and even if it continue to fall, expect that the recovery will be faster because that's how price move when the market is bullish.
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Tahsin Kabir Kollol
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July 15, 2019, 05:49:47 AM |
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To earn profit by trading is not easy and it is very risky. Especially Bitcoin trading is a really big challenge for the traders. The bitcoin market is very volatile and for trading with bitcoin you need good experience and strategy. Bitcoin price is very unpredictable and that is why it is too risky. So you require good knowledge, balance, and patience for Bitcoin trading either you may loss all your asset.
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cliber
Member
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Activity: 672
Merit: 10
umachit.fund
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July 15, 2019, 08:10:03 AM |
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Yes This is only temporary. I am sure that the current price of bitcoin is declining. I feel that the peak of Bitcoin could happen next year. My reason is very simple, because I want to feel the price like in 2017. But I am not an expert in the field of coin price analysis.
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hung58bitcoin
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Activity: 151
Merit: 7
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July 15, 2019, 08:23:16 AM |
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The trade of bitcoin is not a big challenge compared to trade altcoins. Because if bitcoin is down 5%, maybe some of the altcoins you are trading down to 20%. That's normal when you trade in this market. My experience is that you should place stop-loss for any transaction. And please put a stop-loss in 2-3%. If you forget to set a stop-loss, do not fall into a panic and sell with a lot of losses. Please hold until the price returns to the price you want buy. Wish you success in this market.
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