Oceat
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June 27, 2020, 11:53:07 PM |
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We need to be more active in the business and wish to understand about the updated information The crypto market is consistently updating with new things so if we all know the newest information we will easily get an honest idea about the business. it's important to see the worth of the currency before making a trade or investment decision Bitcoin may be an excellent decision to take a position.
Don't just put your investment in a single coin, you have to diversify everything in order to minimize your losses if things gets sideways. Choosing the best project is the first step but you have to be sure that the team is capable of doing things if things gets tough. Investment is best for long term that's why accumulating coins as much as you can till you have money is better.
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3996
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metenjean
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June 28, 2020, 04:06:53 AM |
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We need to be more active in the business and wish to understand about the updated information The crypto market is consistently updating with new things so if we all know the newest information we will easily get an honest idea about the business. it's important to see the worth of the currency before making a trade or investment decision Bitcoin may be an excellent decision to take a position.
Don't just put your investment in a single coin, you have to diversify everything in order to minimize your losses if things gets sideways. Choosing the best project is the first step but you have to be sure that the team is capable of doing things if things gets tough. Investment is best for long term that's why accumulating coins as much as you can till you have money is better. Good ideas when put our investment in several coin kinds but we will got much profit with single coin investment although bigger risk when our investing coin drop dramatically, I like for investing in single coin because when reach profit we can sell all but brave to faced risk when price going down and have to cut lost.
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jhonjhon
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June 28, 2020, 11:23:07 AM |
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Decision making is somewhat very challenging for all of us and ain't to deny that most had experienced bad decisions making them suffer losses and regrets after. Trading it sounds very sensible in this matter and every wrong decision will lead you into something you won't expect. And one thing we need in order not to fall this one (wrong/bad decision) we have to think it twice or even more, then try to figure out what could possibly happen after. If you think smart, the smarter is to be the results.
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LUCKMCFLY
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June 28, 2020, 02:00:31 PM |
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To make the decision whether to be an investor or speculator, I think it has to do with the capacity you have for your balance, that is, you must understand that the money you spend on investment is money that will take as long as it takes until the currency Go up and you can get benefits, if you withdraw the money before, you may lose for not knowing how to wait.
In market speculation it is different, because the money you have is risking it to profits and losses and you have a different control, hence it is born that you want to be a speculator or investor.
The news should not always be the factor that gives your investment decision, many times the whales can manipulate news so that you do what they are looking for, be it to sell or buy.
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Dr.Osh
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June 29, 2020, 03:06:30 AM |
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If we are talking about cryoto related investment and trading decisions then its all about the current market situation and how the future will be for the coin matters.To get an idea about this you need to know how to analyse the potential level of a project,what is happening around the world related to cryptos and also make sure development of that particular coin as well.
yes, it is very true if it all depends on the situation. however, the current situation continues to change. so, before making a decision, you must make observations about the development of the coins that you will hold, or trade. so far, I have only chosen popular coins such as bitcoin and ethereum. the closest development at the moment is ethereum 2.0, so because of that, I want to hold a large amount of ethereum.
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rodskee
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June 29, 2020, 04:34:13 AM |
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Decision making is somewhat very challenging for all of us and ain't to deny that most had experienced bad decisions making them suffer losses and regrets after.
Well said, decision making is the very hard part when you are into this business many of us if not all, already made a wrong one while dealing inside trading. Trading it sounds very sensible in this matter and every wrong decision will lead you into something you won't expect.
In the other side, it's also help us to learned and make a much better one in our next entries, though bad decisions bring sudden losses. And one thing we need in order not to fall this one (wrong/bad decision) we have to think it twice or even more, then try to figure out what could possibly happen after. If you think smart, the smarter is to be the results.
Deeper analysis and longer time frame before deciding can generate better outcomes.
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dragon695
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June 29, 2020, 08:26:41 AM |
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yes, it is very true if it all depends on the situation. however, the current situation continues to change. so, before making a decision, you must make observations about the development of the coins that you will hold, or trade. so far, I have only chosen popular coins such as bitcoin and ethereum. the closest development at the moment is ethereum 2.0, so because of that, I want to hold a large amount of ethereum.
Personally, before making any investment or decision, I usually do my research or analysis carefully. Next, I have to set my goal in that investment to see whether I want to hold for a long-term profit or trade to get profit instantly. Due to the market condition as now, I'm choosing to hold coins to avoid risks of market volatility. And yes, I'm holding ETH to wait for its upcoming project.
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Emitdama
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June 29, 2020, 09:43:22 AM |
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If we are talking about cryoto related investment and trading decisions then its all about the current market situation and how the future will be for the coin matters.
That is the reason I usually don't invest into any coins during the ICO phase or initial listing phase because any unstable coin will be dumped right after the ICO and the good ones will regain some value and stand strong. Airdropped coins are another example, they just get mauled once they hit exchanges because everyone got them for free so now they want to just sell it even if they are selling it for 1% of the actual worth of coin. To get an idea about this you need to know how to analyse the potential level of a project,what is happening around the world related to cryptos and also make sure development of that particular coin as well.
No matter how nicely and deeply you analyse the market and try to make the best possible decision but the reality is that the market is so volatile and full of whales (talking about alt coins here) that you don't know what time the coin just becomes dust and no one gets a chance to even dump at the original value at which you purchased it.
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Aaroenz0r
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June 29, 2020, 09:57:40 AM |
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Decision making is somewhat very challenging for all of us and ain't to deny that most had experienced bad decisions making them suffer losses and regrets after. Trading it sounds very sensible in this matter and every wrong decision will lead you into something you won't expect. And one thing we need in order not to fall this one (wrong/bad decision) we have to think it twice or even more, then try to figure out what could possibly happen after. If you think smart, the smarter is to be the results.
For me, those bad decisions that leads to losses and failures are the ones that force me to learn more and more. We are all suffered from failures and losses when we first came to the market. However, the matter is that we can stand up and move on from those mistakes. I have seen a lot of people quit trading or investing in the cryptocurrency market after many failures and losses. For me, I choose to learn again and go back!
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TheGreatPython
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June 29, 2020, 02:14:16 PM |
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We need to be more active in the business and wish to understand about the updated information The crypto market is consistently updating with new things so if we all know the newest information we will easily get an honest idea about the business. it's important to see the worth of the currency before making a trade or investment decision Bitcoin may be an excellent decision to take a position.
Don't just put your investment in a single coin, you have to diversify everything in order to minimize your losses if things gets sideways. Choosing the best project is the first step but you have to be sure that the team is capable of doing things if things gets tough. Investment is best for long term that's why accumulating coins as much as you can till you have money is better. I disagree a bit here because investing into multiple coins can make you suffer in long term because no matter how carefully you find the best coins you are actually more expected to pick poor coins than you are expected to get the good ones so it is best to put all your efforts but find the best coin and invest in that, I know that might still be a wrong decision but buying a single coin gives you the advantage that if the coin goes berserk you can easily make up for 10 bad decisions while with multiple coin purchase strategy you would suffocate because you cannot expect them all to go big and you might cash a coin at 2x value while you might easily had a chance to get 10-20 times more. Other problems with multiple coin strategy is that you tend to get frustrated and you will make some forced coin trades since you can't find much many Tier A coins and you certainly move to Tier B coins.
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Ann Impas
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June 29, 2020, 03:16:31 PM |
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I tend to check whales active in twitter which gives a idea on what will happen next on the market. In terms on investing, I would suggest you on trying to find Telegram groups who gives info on what's the best coin to invest right now. But at the end of the day, It's all up to you on your decision. Just take your time and do your research.
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Kong Hey Pakboy
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June 29, 2020, 03:20:11 PM |
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I make decisions before making a trade or investing in a coin is by doing a lot of research about a project if they are promising enough to give me a good profit in the present and the future, I mostly look for answers in this forum because a lot of members here have a better experience than me when it comes to picking a coin or a good project.
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coinfinger
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June 29, 2020, 03:28:51 PM |
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I often say that trade or investment is not as easy as imagined. If you want to succeed you cannot rely on one source of information, must be from various sources of information we collect. Then we analyze the news, price movements and updates of the coins. So in conclusion I made decisions in a variety of ways.
That is what OP is asking if you want to share what are the possible things you do before you make a trade? I agree though that relying on one source is a bad idea because there is no way you would get perfect signals or predictions from a particular person or group but if you follow a bunch of them and compare all of them to get an idea and then do your own research. For example, if halving is arriving the price would usually go higher for bitcoins while according to my own theory if there is a big scam happened recently like the Plustoken scam than you must know the price is expected to go down as the hackers/scammers will then look to dump their coins. Those are a few points I can mention but there are several you will explore once you read a few more threads in this section.
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Shallow
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June 29, 2020, 10:17:41 PM |
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How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
To first make a trading decision you need to understand how to trade first, because you can't decide on what you have little or no knowledge on; so if you want to be making trading decisions first learn how to trade. In the case of investment, I believe it is investing in cryptocurrencies; i prefer BTC and major altcoins for long term; the decisions backing this up is that, they already have solid foundations so will always aim higher and bigger thus good for those holding. I also look into few new altcoins but after understanding what the team are capable of doing, at least to the best of my knowledge, but most times just short term holding. For the last part, I think cointelegraph should be the best. There are also some on telegram such crypto world news, crypto market time and so on, you can still find some on Twitter.
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Lanatsa
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June 29, 2020, 10:45:24 PM |
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How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
To first make a trading decision you need to understand how to trade first, because you can't decide on what you have little or no knowledge on; so if you want to be making trading decisions first learn how to trade. In the case of investment, I believe it is investing in cryptocurrencies; i prefer BTC and major altcoins for long term; the decisions backing this up is that, they already have solid foundations so will always aim higher and bigger thus good for those holding. I also look into few new altcoins but after understanding what the team are capable of doing, at least to the best of my knowledge, but most times just short term holding. For the last part, I think cointelegraph should be the best. There are also some on telegram such crypto world news, crypto market time and so on, you can still find some on Twitter. There are lots of sources you can choose from but be careful since majority of those medium of information can really give out fake info or just spreading out some fud or fomo. This is why experience does really matter in this case.Investment decisions would always need that kind of research because we do tend to invest our money on here, therefore it does need a careful way on decisioning neither you would go or not depending on the projects potential. Dont rush things up and have the time to seek out valuable informations that would give out advantage into your side.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Dr.Osh
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June 30, 2020, 03:22:48 AM |
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I make decisions before making a trade or investing in a coin is by doing a lot of research about a project if they are promising enough to give me a good profit in the present and the future, I mostly look for answers in this forum because a lot of members here have a better experience than me when it comes to picking a coin or a good project.
for investment, doing research is a must. however, before investing or trading, research needs to be done, but for long-term investments, keep in mind what developments will be ahead of it. while for trading, we can see chart movements from a few weeks or months ago. that way you can predict the imminent price movement.
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Blue_oxen
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June 30, 2020, 06:26:03 AM Last edit: June 30, 2020, 08:26:19 AM by Blue_oxen |
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for investment, doing research is a must. however, before investing or trading, research needs to be done, but for long-term investments, keep in mind what developments will be ahead of it. while for trading, we can see chart movements from a few weeks or months ago. that way you can predict the imminent price movement.
You're right. Doing research is one of the most important steps before trading or investing. A lot of people skip this process by relying on trading signal groups or trading analysis groups. However, they don't know that those groups don't work on their behalf. Therefore, being able to do research and to analyze the market is critical for traders and investors to be successful in this market!
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LbtalkL
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June 30, 2020, 11:54:51 PM |
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I usually ride on some big coins updates, like forks, mainnet update. Those updates usually make the coin/token pump. I get some wrong move sometimes but in majority I earn more profit. Look out for news like on coinmarketcal and other popular cryptocurrency sites. Every trader has their own strategy, this strategy might work for me and not for you.
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South Park
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July 01, 2020, 04:49:09 PM |
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Don't just put your investment in a single coin, you have to diversify everything in order to minimize your losses if things gets sideways. Choosing the best project is the first step but you have to be sure that the team is capable of doing things if things gets tough. Investment is best for long term that's why accumulating coins as much as you can till you have money is better.
I hear this advice very often but I do not agree with it, the market is heavily correlated to the way bitcoin moves, as such for the most part the majority of the coins mimic the movements of bitcoin and as such diversification is not going to protect you if you are only investing in this market, if you want to achieve true diversification then you will need to invest in several other markets like gold, stocks, real estate or bonds, that way if the market of cryptocurrencies goes down you have a legitimate chance your other investments are not behaving in the same way.
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tbterryboy
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July 01, 2020, 06:52:38 PM |
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I usually ride on some big coins updates, like forks, mainnet update. Those updates usually make the coin/token pump. I get some wrong move sometimes but in majority I earn more profit. Look out for news like on coinmarketcal and other popular cryptocurrency sites. Every trader has their own strategy, this strategy might work for me and not for you.
I think news are a big part of the website and I think that will be playing a big part of an increase or a decrease, however lets not forget that it is just one part of it, not all of it, so do not get into idea that just because you decide to invest right around big news or update periods that you will definitely profit, you need to actually have something much bigger at hand for it. Look at bitcoin for example, it is true that price moved from all the way down from $4k to $9k before halving, yet you have to understand that bitcoin also moved from $9k to $4k for the pandemic drop as well, so they basically brought it back to what it was just like almost all other economical stuff like stock markets. So, as you can see increase is not just depending on big stuff, it is obvious from the biggest update in bitcoin for years not making too much change.
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