drwoo
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April 28, 2021, 03:33:04 PM |
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Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.
That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.
In a growing market, all coins can be considered as a printer that prints money. And as soon as the correction or lateral movement begins, this printer continues to print money for very few people. Therefore, beginners should trade strictly in a growing market Right everyone is a genius in a bull market, but when it crashes a lot of traders realize that they may not be as genius in trading as they thought they are. It's to become delusional when things go right anyway and you are part of a bull market.
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Masyudhi
Sr. Member
Offline
Activity: 1008
Merit: 250
SmartFi - EARN, LEND & TRADE
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April 28, 2021, 03:43:45 PM |
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Right everyone is a genius in a bull market, but when it crashes a lot of traders realize that they may not be as genius in trading as they thought they are. It's to become delusional when things go right anyway and you are part of a bull market.
the case will be different for each asset held. market conditions and each person's psychology also differ in responding to market conditions. sometimes withholding assets for the long term is sure to stress people out. especially if market conditions are in a downtrend which makes our asset value decrease continuously. but for several potential projects. hold assets within the first 3-5 years the platform is running I don't think it will cost us any losses. such as BNB which continues to strengthen every year. and some are creating their new ATH. that's all because Binance is a good project with a lot of development. but if you see what happened to a bad project that even their team had left behind, it will not make us profit if we hold assets for a long time.
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sapnu
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April 28, 2021, 03:45:15 PM |
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Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.
That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.
That's really good to hear. Regrets may come like hoping that you could've traded much earlier or right from the beginning but nonetheless, regardless of the short time span you've spent on trading, you have already earn much profits. It is really a real beauty for those who have been holding on their BNB for quite long because the benefits and huge amount of profits are definitely raining down on them. For sure, they will sell some of it and keep on using the rest of it for trading because they have so much faith for BNB. Same law applies to other cryptocurrencies, those who hold and have huge faith over a coin worth holding will see the real beauty of the crypto world.
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drwoo
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April 30, 2021, 11:10:30 AM |
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Right everyone is a genius in a bull market, but when it crashes a lot of traders realize that they may not be as genius in trading as they thought they are. It's to become delusional when things go right anyway and you are part of a bull market.
the case will be different for each asset held. market conditions and each person's psychology also differ in responding to market conditions. sometimes withholding assets for the long term is sure to stress people out. especially if market conditions are in a downtrend which makes our asset value decrease continuously. but for several potential projects. hold assets within the first 3-5 years the platform is running I don't think it will cost us any losses. such as BNB which continues to strengthen every year. and some are creating their new ATH. that's all because Binance is a good project with a lot of development. but if you see what happened to a bad project that even their team had left behind, it will not make us profit if we hold assets for a long time. Take Bitcoin as an example: if you bought Bitcoin in 2016 and didn't sell in late 2017, you went through a mental breakdown. But now you would be more than happy about your decision. You may think if you sold you could have rebought more, but that's too much of a good thing. Holding long-term is a commitment to your understanding of the asset and the effort you put in to get to acquire what you believe to be knowledge. Downswings and upswings should be part of your calculations right from the beginning.
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jerrison
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April 30, 2021, 11:19:15 AM |
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The beauty of investing in crypto is really the long term mentality. imagine those who invested in bitcoin ten years ago and what they stand to gain now. too much money for them. imagine if they were in day trading, they will have made profits but signed out of the big deal too early. Long term mentality is the big deal. Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.
That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.
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imstillthebest
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April 30, 2021, 11:36:52 AM |
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its the same because holders suffer from a crash but you as a trader you are able to sell your coin before a crash and you can take profits easily than waiting for a month . 1000 dollars profit is a nice profit . no need to put your self down but if you have a doubt and you think that holders gains more profit than traders , you can skip trading and do holding for a while or you can also do both of them .
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john1010
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April 30, 2021, 12:53:56 PM |
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If you have a good starting capital in trading, longtime holding is the best you can do with your asset, but if the money you have is not that enough day trade and scalping is the better way to accumulate your asset.
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Atang Sulaeman
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April 30, 2021, 03:44:49 PM |
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not all altcoins that we save will make a profit, if we have the wrong coin (junk coin) we can get a very big loss, so remain careful and smart to choose and study which coins will definitely make a profit in the future.
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Musekay
Jr. Member
Offline
Activity: 260
Merit: 1
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April 30, 2021, 11:23:46 PM |
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Holding for long term is sure a thing of joy like watching ur worthless assets grow into a previous assets. I have few assets i acquired few years back which where kinda worthless but recently they are now worth something tangible though not a lot but i plan to hold onto them for a bit more longer time.
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/// ApeSwap.finance /// Stake now for over 900% APR!
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Coroline
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May 01, 2021, 07:49:37 AM |
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Right everyone is a genius in a bull market, but when it crashes a lot of traders realize that they may not be as genius in trading as they thought they are. It's to become delusional when things go right anyway and you are part of a bull market.
the case will be different for each asset held. market conditions and each person's psychology also differ in responding to market conditions. sometimes withholding assets for the long term is sure to stress people out. especially if market conditions are in a downtrend which makes our asset value decrease continuously. but for several potential projects. hold assets within the first 3-5 years the platform is running I don't think it will cost us any losses. such as BNB which continues to strengthen every year. and some are creating their new ATH. that's all because Binance is a good project with a lot of development. but if you see what happened to a bad project that even their team had left behind, it will not make us profit if we hold assets for a long time. In addition to a good coin project and market conditions, keep in mind where the money is used. Do not let the money used come from bank loans or money for family travel needs. It may be that you will not be able to sleep to think about returning it. Try to use free funds, so you are calm if you want to hold these coins.
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drwoo
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May 01, 2021, 10:06:28 AM |
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Right everyone is a genius in a bull market, but when it crashes a lot of traders realize that they may not be as genius in trading as they thought they are. It's to become delusional when things go right anyway and you are part of a bull market.
the case will be different for each asset held. market conditions and each person's psychology also differ in responding to market conditions. sometimes withholding assets for the long term is sure to stress people out. especially if market conditions are in a downtrend which makes our asset value decrease continuously. but for several potential projects. hold assets within the first 3-5 years the platform is running I don't think it will cost us any losses. such as BNB which continues to strengthen every year. and some are creating their new ATH. that's all because Binance is a good project with a lot of development. but if you see what happened to a bad project that even their team had left behind, it will not make us profit if we hold assets for a long time. In addition to a good coin project and market conditions, keep in mind where the money is used. Do not let the money used come from bank loans or money for family travel needs. It may be that you will not be able to sleep to think about returning it. Try to use free funds, so you are calm if you want to hold these coins. It also depends on your age. When you are young you can take more risks, no family you have to take care of (usually) and more time and energy to correct mistakes from the past.
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Ozero
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May 01, 2021, 10:57:16 AM |
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Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.
That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.
Some traders already really notice this possibility. However, this only applies to certain types of cryptocurrencies. It is rather difficult to predict which cryptocurrency will grow in price very quickly in advance. Moreover, sometimes such growth is short-lived. Of course, this also largely depends on the general state of the cryptocurrency market. In addition, it should be borne in mind that almost every cryptocurrency has its own limit for price growth. Therefore, before deciding to engage in trading or holding a cryptocurrency, you need to consider all the necessary circumstances.
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Bilgent
Member
Offline
Activity: 518
Merit: 13
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May 01, 2021, 11:32:55 AM |
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HODLers must be very happy about this soar in the BNB price. It is very likely for us to see the price reaching at least 700 dollars soon I think. And I still expect BNB to reach a price over $1k in this year.
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Altcoinsintel
Member
Offline
Activity: 342
Merit: 24
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May 01, 2021, 01:01:49 PM |
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You have done great, some of us had different view on how things are and didn't invest in BNB but we got profit from other investments that we fully explored and trusted. If you are not greedy you won't wait for $1000 but be carefully planning how to take this profit. Anyway, you should be happy about that, it needs luck and often a very good judgement that with all the distractions may lead us to mistakes. I still don't support or expect BNB to be important in the long run. Not even Binance, which tries to expand at anything there is. The one thing that helped Binance above anything else is the Futures market. While anything else can become worthless, the Future markets always seem to have too many in user base that matters in profitability.
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gabbie2010
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May 01, 2021, 01:23:40 PM |
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its the same because holders suffer from a crash but you as a trader you are able to sell your coin before a crash and you can take profits easily than waiting for a month . 1000 dollars profit is a nice profit . no need to put your self down but if you have a doubt and you think that holders gains more profit than traders , you can skip trading and do holding for a while or you can also do both of them .
The OP should stick with trading BNB which he allegedly said is printing money rather than being envy or greedy of becoming a hodles who he thinks make more profits, $1000 is a huge profit earning such amount of money consistently while accumulating it will be massive in a long run, meanwhile diverting to hodling may not pay off because he might have the patience to hodl for long and in a case of dumping of the price might lead to a collosal loss
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Xinarae*
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May 01, 2021, 01:44:32 PM |
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HODLers must be very happy about this soar in the BNB price. It is very likely for us to see the price reaching at least 700 dollars soon I think. And I still expect BNB to reach a price over $1k in this year.
The price of BNB has gone up several times more than before so the traders are very happy but it is unknown to many how much it will go up. If one holds the present for a long time one will fall into despair when the price goes down those who have held it for a long time before have made a lot of profit.
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Shallow
Sr. Member
Offline
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
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May 01, 2021, 01:52:29 PM |
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Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.
That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.
You can say that again. Holders are the one really enjoying the beauty of the crypto space this year, whether the person abandoned his wallet or not, what matters is that, now he has accessed it back, and if the coins are good ones, he will be met with amazing gains. I have read many stories of people who held one coin or the other for a long time, only for them to check back this year and were amazed. Also, on the other hand, many people were forced into holding most coins because as at then, selling at a terrible loss was out of the option and today, they have sold with massive gains. Nevertheless, lets us know this; a good coin is always worth holding for long term, and even if the price is terrible today, if the team are really working hard, then one day the price will grow. On the other hand, following after hyped coins is a bad idea, because once that hype is out, the real colour will surface after which dumping follows and most times, the token or coin might not survive it.
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Distinctin
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May 01, 2021, 03:46:12 PM |
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Holding for long term is sure a thing of joy like watching ur worthless assets grow into a previous assets. I have few assets i acquired few years back which where kinda worthless but recently they are now worth something tangible though not a lot but i plan to hold onto them for a bit more longer time.
Holding does not give us passive profits all the time like if we hold low valued coins, until now some of them ended up being dead coins and are now considered worthless. But if we start holding those high risk coins like bitcoin and ethereum, they will never disappoint us in the long run because we already know their strong foundation and have even gained more demand from people as years coming by. Their value are also growing every year that made them worth investing and holding.
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distr@yopmail.com
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May 01, 2021, 04:12:40 PM |
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Holding for long term is sure a thing of joy like watching ur worthless assets grow into a previous assets. I have few assets i acquired few years back which where kinda worthless but recently they are now worth something tangible though not a lot but i plan to hold onto them for a bit more longer time.
Holding does not give us passive profits all the time like if we hold low valued coins, until now some of them ended up being dead coins and are now considered worthless. But if we start holding those high risk coins like bitcoin and ethereum, they will never disappoint us in the long run because we already know their strong foundation and have even gained more demand from people as years coming by. Their value are also growing every year that made them worth investing and holding. For coins with low value, even new coins that do not have a product, of course, will not benefit us. You can see the coins that can be obtained only by sending 0 coins to a certain address. they have no future. but to hold top market assets I would also prefer to stake on multiple exchanges rather than just holding them for the long term. from there we will enjoy the benefits.
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drwoo
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May 04, 2021, 08:41:21 PM |
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Holding for long term is sure a thing of joy like watching ur worthless assets grow into a previous assets. I have few assets i acquired few years back which where kinda worthless but recently they are now worth something tangible though not a lot but i plan to hold onto them for a bit more longer time.
Holding does not give us passive profits all the time like if we hold low valued coins, until now some of them ended up being dead coins and are now considered worthless. But if we start holding those high risk coins like bitcoin and ethereum, they will never disappoint us in the long run because we already know their strong foundation and have even gained more demand from people as years coming by. Their value are also growing every year that made them worth investing and holding. For coins with low value, even new coins that do not have a product, of course, will not benefit us. You can see the coins that can be obtained only by sending 0 coins to a certain address. they have no future. but to hold top market assets I would also prefer to stake on multiple exchanges rather than just holding them for the long term. from there we will enjoy the benefits. It is up to the project on an individual basis. If the team fails you can do whatever you want, you will end up as a abagholder. You must secure your position early on, but the sad thing is that you know someone else will lose.
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