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Kasabus
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March 10, 2020, 06:55:59 AM |
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You have to keep playing safe, thats the first rule about crypto invest, only invest what you can afford to lose, don't stay away from bad influence people, they can be helpful, to me it's more like a challenge when you have such people around you
bad influence are those people who don't believe on what you are doing, how can they be helpful? Be positive but at the same time you also need to be realistic, and that's investing what you can afford to lose, but always risk on what you believe is right as no one really know the future of crypto, hence this is a big gamble as the result might not favor us also. |
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leea-1334
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March 10, 2020, 09:30:36 AM |
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I think we should listen to all opinions with open heart, some people do post trading ideas which can not always be correct so it is just there way of how they see the market and there is nothing wrong in that, i think we should take these things positively, no one is forcing us, the final decision is always ours.
If I had unlimited time in the world,,, then sure, I would listen to every opinion. But god knows we all have so little time, and so many things and people to take care of. I know only a few people truly care about the things they do,,, and for me I find if people share knowledge, I have the time to take it in. But we do not need ALL knowledge. |
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Jannyh
Copper Member
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March 10, 2020, 10:44:03 AM |
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First I think we should understand how the crypto market works before investing in it,one of those things we ought to know is that the market is very unstable and so what ever position one finds him or herself the best is to hold,that is why one is always advised to buy good coin ,one day there must surely be a rise in the market price. So patience is what is needed. No need to listen to negativity and be fearful but use spare money
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awakpane
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Activity: 1274
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March 10, 2020, 11:30:52 AM |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
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ballerin and giroud
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March 10, 2020, 11:39:28 AM |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
That is no wrong to stay safe, I will agree that bitcoin price is volatile but you need to pay attention to avoid a huge lose. Have you remember bitcoin price was touch $20.000? I will ask you when you bought bitcoin at that price what will you do? Hold it? I think you will give up and sell your bitcoin. If you just focus to invest in bitcoin then you have many times to find more reliable source about prediction and find some news against it because it will give many affect to the price movement of bitcoin. |
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thiscomm
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Merit: 2
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March 10, 2020, 12:08:37 PM |
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of course, all control of assets that we have in our hands so why do we have to trust the words of others who have a clear purpose they want to make us die from the world of crypto by making us no longer trust the development of the crypto world. crypto prices are fluctuating sometimes red and sometimes very good, so we only need time when the bull and surely we will benefit. and the fact is that the price of BTC, which used to be at $ 5,000, today has proven to reach a price of around $ 8000 with a green line that continues to hold it.
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ven7net
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March 10, 2020, 01:27:56 PM |
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This is the time, everyone should remove the bad influencer, fudder, negative minded people from life! When bitcoin had a long bear run, even when it's price was 7K USD, many people kept saying the price will be 5000, 3000 very soon, sell now and get out! But a true believer knows that Bitcoin price will bounce back soon or later. Now we are in a good position in the crypto world, so, this is the time to ignore fudders and keep confidence in yourself. Today CZ tweeted about it and that was very related to me. The negative preacher can break us a lot, so ignore them from now!
You're right! People who always carry negative information are not worth our attention. They simply infect the community with their negativity, which in turn begins to make mistakes and lose their money. I believe that if you are weak and believe everything they say, then in the end you will lose, only self-confident people will succeed in the crypto market, they will be like that forever. If you are an investor and have already bought cryptocurrency, do not rush to sell it at a low price, bet on success and wait for the best price. |
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rahmatullah9305
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March 10, 2020, 02:23:17 PM |
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You have to keep playing safe, thats the first rule about crypto invest, only invest what you can afford to lose, don't stay away from bad influence people, they can be helpful, to me it's more like a challenge when you have such people around you
Yes, in cryptocurrency there are always challenges we have to face, even though close friends, the point is we invest in money that we don't use for other things, or more money when other needs are met, because then we will feel calmer when investing and will not feel disappointed when the results are few. |
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Jateng
Full Member
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Activity: 1251
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Think Different
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March 10, 2020, 02:43:02 PM |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
This should be helpful and profitable when the price is up and down, traders are very happy when the situation is that. If they will calm and analyze when they the exact time to buy and sell their coins. Bad influencer will always their no matter what and the only thing we should do is don't listen to them and follow what's our plan. |
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Google+
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March 10, 2020, 02:45:36 PM |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
Pessimism must be eliminated but it is very difficult to happen because human nature is frightened when seeing the condition of cryptocurrency prices at the place of the fall will make many traders panic so they will doubt whether they can go up again or not because of seeing the collapse of cryptocurrency prices. |
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TWW
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March 10, 2020, 02:59:55 PM |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
Pessimism must be eliminated but it is very difficult to happen because human nature is frightened when seeing the condition of cryptocurrency prices at the place of the fall will make many traders panic so they will doubt whether they can go up again or not because of seeing the collapse of cryptocurrency prices. For day traders I don't think they will panic with falling prices. but all must change the strategy to start investing long term rather than trading daily. because in a downtrend market conditions will be difficult to trade. those who panic are those who invest in the medium and short term. especially if they are beginners, of course, they will panic when they see the market in a downtrend. |
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tbterryboy
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March 10, 2020, 05:34:32 PM |
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Some of them have been making fun of Bitcoin and I have been seeing them say that Bitcoin is approaching its end. Even after the government of India lifted their ban on cryptocurrency, that same day I was still seeing some people saying that all those good news are for nothing and that it doesn’t stop bitcoin from being a failed project lol.
Why I’m not afraid whenever they say things like this is because it has already happened before, if you have been here for a long time you will know that this is not the first time that economists have tried say things that will create panic and make investors abandon Bitcoin, they are always fond of saying all kinds of possible sh*t to ruin decentralized cryptocurrencies, especially Bitcoin, but it’s never going to work out for them.
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Arkann
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March 10, 2020, 05:44:00 PM |
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For day traders I don't think they will panic with falling prices. but all must change the strategy to start investing long term rather than trading daily. because in a downtrend market conditions will be difficult to trade. those who panic are those who invest in the medium and short term. especially if they are beginners, of course, they will panic when they see the market in a downtrend.
It seems to me that in this situation, the trader will have less risk with day trading, because everyone uses at least 15 percent charts for daily trading, which requires an almost constant presence and monitoring of the market. Based on this, it is not difficult to adjust all your actions based on what is happening on the market online. I believe that those traders who work for a longer period have difficulties. |
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bttmember
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Activity: 938
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AMEPAY
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March 10, 2020, 06:39:02 PM |
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I agree with your point but we should also be realistic and especially when it comes to trading we should keep our emotional bias at a side and we should trade what we see, i am especially putting emphasis on the technical analysis and candle stick patterns.
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FanEagle
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Leading Crypto Sports Betting & Casino Platform
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March 10, 2020, 07:54:18 PM |
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Considering my bad influencer is myself it would be hard to remove myself from myself. I have been doing some stupid trades recently and have bought some idiotic small time coins because I thought they were really going to do well and they haven't so far, of course considering market is not at the peak or prime right now it is understandable that they haven't done anything awesome just yet but I didn't bought from the bottom which should be the point everyone needs to buy and instead I bought after it increased which has always been advised against yet I have done it with years of crypto knowledge and millions of times I have warned people to not do it yet did it myself now.
In any case I will wait it out and profit eventually hopefully but my bad influencer is still me, that hasn't changed.
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awakpane
Member
Offline
Activity: 1274
Merit: 12
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March 18, 2020, 01:18:55 PM |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
That is no wrong to stay safe, I will agree that bitcoin price is volatile but you need to pay attention to avoid a huge lose. Have you remember bitcoin price was touch $20.000? I will ask you when you bought bitcoin at that price what will you do? Hold it? I think you will give up and sell your bitcoin. If you just focus to invest in bitcoin then you have many times to find more reliable source about prediction and find some news against it because it will give many affect to the price movement of bitcoin. I had never bought a Bitcoin when the price was high at that time. but I have had a bad day when the price of bitcoin dropped dramatically in the crypto market. the strategy I use is to hold bitcoin and invest in other altcoins in an effort to return capital. therefore in investing is not enough to hold the coin when the price falls, but there must be other alternatives that can finalize the losses we get. |
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awakpane
Member
Offline
Activity: 1274
Merit: 12
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March 18, 2020, 01:39:20 PM |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
This should be helpful and profitable when the price is up and down, traders are very happy when the situation is that. If they will calm and analyze when they the exact time to buy and sell their coins. Bad influencer will always their no matter what and the only thing we should do is don't listen to them and follow what's our plan. I agree with you that the most basic thing is to follow our own plan. many people suffer losses from listening to others without reconsider. therefore it is a very necessary in-depth analysis before making a decision. |
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Arkann
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March 18, 2020, 06:44:18 PM |
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I believe that everyone in life has different situations that can radically change further plans for actions on the cryptocurrency market. This applies not only to the sale, but also to the purchase of cryptocurrency for investment or trading. You can even take for example the current situation in the world with the epidemic of coronavirus, which very severely negatively affects many people and their actions in business. It seems to me that it is very difficult not to pay attention to the negative news of any content and format, which in any case affect each cryptocurrency user.
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Ngoukan
Jr. Member
Offline
Activity: 78
Merit: 1
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March 23, 2020, 06:47:26 PM |
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For the last couple of days that I stopped listening to predictions from friends and those I thought to be grounded traders, I think I have been doing quite well trading on my own. The point is that we belive so much in what these influencers say that we lose trust in our own instincts.
If you can put your head down and learn the movement of prices and above all encourage yourself that you can make it, then you don't need any influencer to direct your path.
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Slingshot
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March 23, 2020, 07:04:45 PM |
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This is really a good one, influencers has done more than bad to traders, some would buy at dip and out of selfishness they want to lure people into buying the tokens because they want it to come up a bit do they can dump. Many do guessing work and ain't perfect so I think the best is for one to do his or her own research and leave influencers alone. Once you run away from them and put your head down so much, you will enjoy the ride.
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