coinswebid
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October 29, 2020, 02:30:56 PM |
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None of us can make accurate predictions about cryptocurrency but we can certainly guess. We have to use our own intellect to invest in cryptocurrency. If the market is down, it will be necessary to analyze whether it is right to invest in that situation. You have to take risks to do something in life whether it is profit or loss.
indeed, people must ready for the risk of investment,, thats why people should know how to manage the risk, because we can ignore the risk i believe if we can manage the risk, we will stay safe when we invest in cryptocurrency
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Shasha80
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October 29, 2020, 02:33:28 PM |
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The best way to make profit in the crypto world is to control ourselves so we are not greedy. So when there is an opportunity to take profit, do it immediately, never delay it because you want to get a much bigger profit. Because there is no certainty that the crypto price will continue to rise, if the crypto pump after that it must be a dump. So don't waste the opportunity if the price of the coins we buy goes up, it must be sold immediately, the important thing is we can make a profit.
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owengtam09
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October 29, 2020, 03:02:41 PM |
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We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Think about it
This technique already knows by everyone, and it is just easy to say it that way, we all know that bitcoin is volatile, and the price is not predictable, it is really unpredictable and no one knows when it will go down again or it would become up more. What if you buy now and then tomorrow it makes you profited 2X then you withdraw. Then another day, it goes 3X if you didn't withdraw it earlier. So, no one knows how this cryptocurrency value will be, and no one knows who can predict that and that's the truth. It will only depend if you are a Nostradamus. LOL.
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Alert31
Member
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Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
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October 29, 2020, 03:21:17 PM |
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We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Think about it
Hello! Not all want to be rich, every person has it's on goal in life not just to become rich. Not all people here aiming to become rich instead they want to earn even a little to sustain the needs of their family specially for their daily essential needs. Buy and sell during pump and dump will not guaranty that you will earn too much because it all depends on what coin you are going to buy and sell in the market. Remember everything in crypto space is always includes high risk.
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1l1l11ll1l
Legendary
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Activity: 1274
Merit: 1000
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October 29, 2020, 04:05:52 PM |
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snip-
Hello! Not all want to be rich, every person has it's on goal in life not just to become rich. Not all people here aiming to become rich instead they want to earn even a little to sustain the needs of their family specially for their daily essential needs. Buy and sell during pump and dump will not guaranty that you will earn too much because it all depends on what coin you are going to buy and sell in the market. Remember everything in crypto space is always includes high risk. Very nice, i also preffer to sustainability, but i never see crypto as my main tools to get money, there's also another way. but yeah, we all need to realize that crypto is high risk, and you can't always get profit from them, that;s why you need to get prepared before jump into the crypto space
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btcdie
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October 29, 2020, 04:47:16 PM |
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We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Think about it
Everyone's trading or investment management is different, and tends to have their own strategies. It's not as easy as you say, to do that requires careful analysis and research. By buying and selling when the price is 2x, I think it's a good option to minimize risk. because sometimes our emotions are formed for greed which makes losing trades. But for an investor it is not suitable, because the project is promising for the long term, the return on investment will be many times and the profit is maximized.
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irixo10
Full Member
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Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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October 29, 2020, 05:55:45 PM |
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You are right but to achieve this, one need to be less greedy. Some people believes that when they hold a token that they can have an imaginary price tagged to it, that is, maybe they have seen what the team are working on and thus have the mindset that, it will pump to a certain price before they will sell. But they tend to forget that the crypto space is unpredictable, hence I agree with you, taking profit at as when due is the right way. Also, there are coins one can hold, and by looking at the partnership of the project as well as the team's vision, you can hold and wait for the next exchange it will list on and then sell off. However, everything comes down to taking profit at the right time.
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jacafbiz
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October 29, 2020, 06:05:44 PM |
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There are some people that have lost huge money in this space and some have made life changing money. It depends on you what strategy you want to employ and know this for certain that what works in the last bull run won't work now. My advice to you is not to get emotional attached to any project, including Bitcoin.
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proTECH77
Member
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Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
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October 29, 2020, 06:29:26 PM |
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Many think holding coins long is the way to earn good profit. There are many risk involved of holding coin long waiting for the to change for your desire before you can supply to market. Many has lost their opportunity just because the market will still increase not know that the market is about to turn bad. Many investors that hold their altcoin long always cry out that they have lose their opportunity . Those that hold their coins over two months now, are experiencing good profit which is still giving others to start holding their coin long before release it to market when the price change positively. I think holding coins long is a big risk but try to make sure all private details are secure.
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adzino
Copper Member
Hero Member
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Activity: 3010
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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October 29, 2020, 07:24:06 PM |
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-snip- Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it
Lol, this is so easy to say. If this was really easy, you should be rich by now. Are you rich? There are flaws over here. Let us say you invested in a coin and then the price drops, never to reach the point of price when you first invested. You won't be making the profit. This is what happens. Your case is true if you are willing to hold it for long term profit. But you will have to way for years to reach your goal and then wait again for the price to drop.
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Lite_bro
Newbie
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Activity: 98
Merit: 0
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October 29, 2020, 07:24:32 PM |
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We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about
Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Think about it
you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios. People can handle loss but can't handle what they could have become? Bro half bread is better than none, I prefer having something on ground than having nothing, people who thinks your way are greedy people who will never be satisfied with what they have. This is the reason why people continue to invest even in spite of losses. They hope to make profitable investments and to earn more money. Now many projects us PoS algorithm and offer to earn money on staking for token holders. To earn more it is necessary to learn more. This is an article about staking system https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18ccThat's right, to make money in this area, you need to constantly follow the news and study the projects in which you are going to invest. Only stupid people invest and I don't know what this or that project is. And the staking system will certainly attract people, as this is passive earnings.
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Golftech
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October 29, 2020, 08:17:08 PM |
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There are some people that have lost huge money in this space and some have made life changing money. It depends on you what strategy you want to employ and know this for certain that what works in the last bull run won't work now. My advice to you is not to get emotional attached to any project, including Bitcoin.
You need to adjust there are lots of opportunities, lots of projects to choose but very important to keep your guard by researching first before jumping to anything, you can stick with your plan if you feel that things will be the same as long as you do your deeper research and you really follow the project that you are investing with.
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VIP BTC
Member
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Activity: 375
Merit: 10
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October 29, 2020, 08:36:40 PM |
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We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Think about it
Trading is not an easy thing. It's not like you said, buying when prices are low, and selling when prices are rising. There are times when we buy at a high price, but sell at a low price. For example, DeFi tokens (YFI) once hit the price of 4 BTC / YFI, and the current price is slightly higher than BTC. What if someone buys at a high price? Do they wait until the YFI price returns to 4 BTC / YFI? If so, how many years will we have to wait?
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Krislaw
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October 29, 2020, 08:50:30 PM |
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It takes a lot of analysis to be able to make profit in the crypto space. Newly listed coins on big exchanges performs poorly most of the time. Coins keep dipping when you think you've bought the dip. Fake pump and all. Exchange manipulation.
If it was this easy, we would all be rich by now.
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whiteblue
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October 29, 2020, 09:17:34 PM |
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We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Think about it
All the regrets in the crypto world because of greed surrounds your mind, Yes I have felt this several times in trading because I already had a little profit but because of my greed, I suffered losses when trading because of the desire to get big profits.
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Dragonfund
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October 29, 2020, 10:00:19 PM |
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We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years.
Its not all planned event that comes to pass, some planned ones worked out amazingly beyond our limit and expectations. Since cryptocurrency isn't tightly regulated, expect anything in this space. We can only hope and keep planning on investing because those who failed to plan, plan to fail. Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Personally, whenever I buy coin, I go for top 50 ones because when market goes south, it will always bounce back when bitcoin and others recover. Experience has thought me patience, loyalty and big profit and little loss on projects. PS: Don't invest on hype projects, we have seen many of them in disguised as DeFi projects with zero level of inexperienced team and real use-case used.
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tabas
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October 29, 2020, 10:03:07 PM |
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No one is going to hold until his/her death. We all are aiming for profits as we hold. But, we don't have the same timeframe until when we're going to hold. Some are okay with 2x profit and others have a timeframe of 1-2 years and the rest more than that until they see the exceeded price that has been in the talks and speculations of most crypto investors. We're all bound to sell anyway regardless of the price that we're aiming for. Just don't be a panic seller at loss.
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NavI_027
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October 29, 2020, 10:13:52 PM |
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Dude you are not alone in this one. I'm pretty sure that most of us here are thinking the same way unless such person is already contented in simple and less riskier means of earning. Hodling can give you profit for now but Trading can do it forever . So don't hesitate to deal with risks in exchange of greater rewards. Step outside your comfort zone. Yeah you might fall hard but shrug it off because everything will become sweeter if you stand up again.
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Princeofpoetry
Member
Offline
Activity: 686
Merit: 28
PUGG.io
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October 29, 2020, 11:03:56 PM |
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Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle it is easy to say but difficult to do. we need analysis and the right timing to sell and buy. the key is patience and not rushing into decisions to avoid losses
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adekogbe
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October 29, 2020, 11:04:33 PM |
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You have a point and i believe that most newbies also thought it was that easy when they joined the crypto space, but believe me, it is not. cryptocurrencies are extremely volatile and more often than not, a coin will likely not make 2x after you buy if you have to learn the skills of trading to truly benefit from this type of market that way, you can analyze projects both from the fundamental analysis and what the chart says in the technical analysis also you can leverage your positions in order to gain more profit from your winning trades.
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