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Author Topic: Profit matters most in crypto currency  (Read 1742 times)
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PrissMCclen
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January 10, 2020, 02:30:31 PM
 #141

Investment in crypto is a matter of 50-50 so it's wrong to put all your egg in a single basket but if am to recommend, long term investment is the best for me. Because every investors aim to cash out some good profit.

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January 10, 2020, 02:55:34 PM
 #142

Why do you even invest? I believe the primary purpose of investing is to make profit, so it's very important to do due diligence before you put your money in any investment.

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January 10, 2020, 02:57:19 PM
 #143

My brothers, anything crypto currency is highly volatile, don't hope on a hopeless hope, whenever you see profit, take it.

I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end

Like I always say, small money in ur bank account is far better than $3k in ur online crypto wallet/exchange,

it can only be better the moment it's converted to your local currency.

Invest in crypto, safeguard your profit.

NB: Just my believes and mindset, I would love to learn even further from everyone here.
Ignore my English too

Happy new year.
earning some profit in trading is not easy because the market will not always favor to you
IMHO putting money in the bank is not really a good idea the worth or value of money is dropping by a small amount every year
if you put a money today in the bank after 10 years or more you cant buy the same thing you can buy today using that money
it's just hard to notice but if you look back 10 years before you will realize that the value of fiat drops or the price of goods rises








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January 10, 2020, 02:59:32 PM
 #144

I agree with you. It is not all about huge profits. Every opportunities to generate good profit will do. Some people are so greedy that they always want huge profit then they will be scammed or they will not acquire something because they feel that it is not enough

I like it when you said this. It has full of hope and positivity.
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Invest in crypto, safeguard your profit.
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January 10, 2020, 04:26:43 PM
 #145

The fact is that almost every single person in this space is here to make money with less interest about the future of blockchain technology and cryptocurrency, but I think in as much as we all want to make profit it is very necessary to think about the future and the success of this space.

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January 10, 2020, 04:29:25 PM
 #146

Of course profit matters most in every industry that we enter. In cryptocurrency, I enter because of its high volatility that gives me a good amount of profit in a short period of time. Some have interest in the revolutionized technology it provide but a Im sure that most of them wants to have a quick buck.

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January 11, 2020, 09:24:47 AM
 #147

Whether you take out your profit or not doesn't matter, we are discussing about this right now because market is in very bad shape if not you will be hailing those that hold their altcoins, altcoin season will make a come back
If you may know when the altcoin season will return? because it's been two years altcoin season is no longer visible until now, if this year could be a year for the altcoin season, then there will be many people who benefit.
Yes this year will be year of crypto many people will be benefit as last two years were bearish but this year it will be bullish because so many people have stayed to crypto and they are investing so it’s making the demand high and as much as the demand rising I am sure this year market is going to be bullish so get ready for bullish trend now.
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January 11, 2020, 09:53:24 AM
 #148

It is clear that if not all, then 95-97% of all people in the crypto sphere are interested primarily in profit)) Well, the remaining 3% well, maybe a maximum of 5% can be given to geeks. If crypto gave only new technologies without the ability to earn (for ordinary people), the agiotage around it would be much less.
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January 11, 2020, 11:46:16 AM
 #149

To be content with coins on a crypto wallet is stupid because fiat is of great importance and tomorrow your coins may cost nothing. you don’t need to keep all your eggs in one basket and you always need to fix profit from cryptocurrency.
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January 11, 2020, 12:19:34 PM
 #150

In essence, you should not be lazy if you put money into a crypto wallet and you buy crypto assets. continue to check how your asset is moving, whether it will go up or down (if it is a long-term investment). when you have more free time, then daily trading can also be an option. for example, buy a cheap price or you can buy below the sell order price to get a cheap price. then sell and place your order in a sell order that exceeds the sell order there, for example with a gap of 0.1, that's good. keep getting profits in this industry.

good luck
We should always monitor and we should be updated about the cryptocurrencies in our portfolio. Our investment will only become successfully if we will not have dormant portfolio. The reason why we should always monitor it is because for us to have an idea if we are gaining or if our portfolio is decreasing. We should also have stop loss in order for us to lessen the losses that we may experience.
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January 11, 2020, 12:36:25 PM
 #151

It is clear that if not all, then 95-97% of all people in the crypto sphere are interested primarily in profit)) Well, the remaining 3% well, maybe a maximum of 5% can be given to geeks. If crypto gave only new technologies without the ability to earn (for ordinary people), the agiotage around it would be much less.

That's bit harsh mate. So youre saying those investors that are working as developer really dont matter the development of a blockchain? I guess youre wrong about that. Many developers are also investors on their own platform. They likely to put up lots of money in order to increase their chance to build a successful one which could be adopted by many. Maybe youre referring to traders.

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January 11, 2020, 03:25:51 PM
 #152

My brothers, anything crypto currency is highly volatile, don't hope on a hopeless hope, whenever you see profit, take it.

I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end

Like I always say, small money in ur bank account is far better than $3k in ur online crypto wallet/exchange,

it can only be better the moment it's converted to your local currency.

Invest in crypto, safeguard your profit.
Some people don’t want it that way, since when you withdraw at times it doesn’t just end there, the price just keeps going up and you miss out on the more profit you would have made lol. So, that’s why some would prefer to hold on till it reaches the peak, and sometimes this is a bad idea because price can plummet at anytime and you will end up losing your money. It’s just recently that the price went from $7.2k to $8.4k and I haven’t even sold anything, it’s today that I just checked and it’s down to $8k and I decided to sell some of the coins.

Another thing that is causing people to not sell their coins is because they believe there will be a bull run so they think it’s best to leave their coin in their wallet no matter what, so that when the bull run comes they will make profit.

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January 11, 2020, 03:44:03 PM
 #153

Whenever I see an opportunity to sell coins/tokens at a good price I will not hesitate to sell if I am going to gain profits from it. But sometimes I honestly say that I wait for the price to rise a little bit before selling it all. As much as possible I don't wanna get nothing from my investments in return. After selling them, I am again look for new coins to invest with, and make another profits from them.
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January 11, 2020, 04:21:03 PM
 #154

Whenever I see an opportunity to sell coins/tokens at a good price I will not hesitate to sell if I am going to gain profits from it. But sometimes I honestly say that I wait for the price to rise a little bit before selling it all. As much as possible I don't wanna get nothing from my investments in return. After selling them, I am again look for new coins to invest with, and make another profits from them.

But do sell it if you gain some profit because if you experience greediness, it was take a high risk which it can cause you from losing the value and waste all your effort and time from holding it. By the price rise, the tendency become dump because everyone gets their profits which can cause from dumping.



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January 12, 2020, 11:39:42 AM
 #155

It is clear that if not all, then 95-97% of all people in the crypto sphere are interested primarily in profit)) Well, the remaining 3% well, maybe a maximum of 5% can be given to geeks. If crypto gave only new technologies without the ability to earn (for ordinary people), the agiotage around it would be much less.

That's bit harsh mate. So youre saying those investors that are working as developer really dont matter the development of a blockchain? I guess youre wrong about that. Many developers are also investors on their own platform. They likely to put up lots of money in order to increase their chance to build a successful one which could be adopted by many. Maybe youre referring to traders.
And what is surprising here, we live in a world dominated by a market economy. And there are very few people like Vitalik Buterin and others like him who are passionate about their work in the industry. And if you think differently then for God's sake, everyone should have their own opinion.
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January 12, 2020, 11:48:12 AM
 #156

in this crypto world, right timing is very important, i agree with that, as long as you gain profit, take it, because no one really can tell, also dont too greedy, sometime or most of the time because of our greediness, we always let opportunity to earn passed on us, because we are not satisfied enough, always remember our goal and that is to earn.

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January 12, 2020, 01:23:04 PM
 #157

and as I said before, I mean this, the price of cryptoqurrency changes all the time, sometimes below and sometimes above. Most investors or traders have different strategies too, for me personally to get profit, don't wait too long. If I see the price going up, sell it immediately. if holding a new coin for too long is very risky.

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January 12, 2020, 01:33:09 PM
 #158

and as I said before, I mean this, the price of cryptoqurrency changes all the time, sometimes below and sometimes above. Most investors or traders have different strategies too, for me personally to get profit, don't wait too long. If I see the price going up, sell it immediately. if holding a new coin for too long is very risky.
well when you trade I think there will always be risks even if you apply long-term or short-term trading there will definitely be risks that you should be able to face, to minimize the risk that there might be trading using bitcoin which has a very limited supply and has very demand high.
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January 12, 2020, 01:45:34 PM
 #159

My brothers, anything crypto currency is highly volatile, don't hope on a hopeless hope, whenever you see profit, take it.

I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end

Like I always say, small money in ur bank account is far better than $3k in ur online crypto wallet/exchange,

it can only be better the moment it's converted to your local currency.

Invest in crypto, safeguard your profit.

NB: Just my believes and mindset, I would love to learn even further from everyone here.
Ignore my English too

Happy new year.

I agree with you when you say take profit, but not when you say profit matters most. I totally disagree with you when you say small money in your bank account is better than $3k in ur crypto wallet. People have lost money in crypto, so too banks have folded up in the past with people's funds if you don't know. However, it's very good to take profit when necessary.

.
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January 12, 2020, 06:21:24 PM
 #160

and as I said before, I mean this, the price of cryptoqurrency changes all the time, sometimes below and sometimes above. Most investors or traders have different strategies too, for me personally to get profit, don't wait too long. If I see the price going up, sell it immediately. if holding a new coin for too long is very risky.

Holding a coin for too long have both advantage and disadvantage, and from the look of things i think the disadvantage outweighs the advantage, this is mostly because of the way market has turned out to be, before now holding was profitable using those first project like btc, eth, dash, monero, lte, etc as example, those who hold these coins from the beginning where profitable but nowadays there are hardly such good project to hold for too long without getting rekt.

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