mich
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#1 VIP Crypto Casino
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October 23, 2022, 06:00:19 AM |
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I am the first to admit that I have considered selling some of my long term crypto investments. Right now I am seriously feeling the effects of the inflation at the pump and certainly when I buy groceries. I believe in the blockchain, I believe in Bitcoin and I feel that the technology adds tremendous value to millions of people around the globe. These days I don't even look at my wallet because I believe this crash will pass and when it does I will be thanking my lucky stars I didn't sell cheap. On the other hand, I’ve always believed in BTC for the long term and always said there was going to be volatility on our way to 100k. My motto is HODL because I am a true believer.
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irhact
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October 23, 2022, 11:52:33 AM |
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If storing in the long term HOLD is a good choice. Moreover, if you sell in a bearish market situation, you will experience losses. Not many people understand how to use or place a stop loss. Moreover, placing a stop loss is very risky to lose in a bearish market situation if you do not have technical analysis skills.
Stop losses aren't that complicated to understand, it just means this is a price you want to sell if the market reached a certain level so it isn't that risky as it helps you prevent loses if you're not the active trader. Stop losses can help you when there's a crash in the market as it kicks you out of your position. The only issue is whale have used this to their advantage as they trigger many stop losses into action that pushes down the price and they buy them up in anticipation of a rise in price in the future, which they are also the brian behind those rise. In the bear market, as an investors you best shot is to keep holding. You should only sell if the market is just about entering or just few price drop into the bear market. Selling when we're almost near the bottom is the worst to to even do Next after buying/believing in XRP.
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Humility4sure
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October 23, 2022, 12:00:29 PM |
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It's actually very difficult for one to avoid panic when everything seems to be coming up to shambles. Most times it's better to set a stop loss and agree within yourself of the level of risk you're willing to take on the trade. Selling out of panic often times is selling at a huge loss and that's not a good trading strategy.
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NNRR
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Activity: 1764
Merit: 15
🪙 🪙 🪙 🪙
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October 23, 2022, 01:13:23 PM |
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I agree with your words because if those who are in this crypto market panic, then they will never be able to survive in this market. If you have bought any coin, then hold. You will benefit, so I would like to say to all those who are Crypto long-term holders, they must hold without panic, good things are waiting for you in the future.
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rin24
Jr. Member
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Activity: 35
Merit: 1
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October 23, 2022, 01:22:04 PM |
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hodl but for how long? I don't think we will be on a bull market for a couple of more years
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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October 24, 2022, 05:14:52 AM |
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If storing in the long term HOLD is a good choice. Moreover, if you sell in a bearish market situation, you will experience losses. Not many people understand how to use or place a stop loss. Moreover, placing a stop loss is very risky to lose in a bearish market situation if you do not have technical analysis skills.
Stop losses aren't that complicated to understand, it just means this is a price you want to sell if the market reached a certain level so it isn't that risky as it helps you prevent loses if you're not the active trader. Stop losses can help you when there's a crash in the market as it kicks you out of your position. The only issue is whale have used this to their advantage as they trigger many stop losses into action that pushes down the price and they buy them up in anticipation of a rise in price in the future, which they are also the brian behind those rise. In the bear market, as an investors you best shot is to keep holding. You should only sell if the market is just about entering or just few price drop into the bear market. Selling when we're almost near the bottom is the worst to to even do Next after buying/believing in XRP. Good point, it isn't hard to understand it is the market movement that is really hard to follow, By looking in each situation and every market flow, stop-loss might help you to avoid losing a lot and give you opportunities to short the market and a possible earn out from it, if you know and understand what you are doing during your trade sessions. Taking time to research and study will give you a much better overview of the potential market trend.
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cryptobadshah
Member
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Activity: 756
Merit: 16
BIB Exchange
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October 24, 2022, 05:31:44 AM |
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You used the correct words There is no way to fail at trading losses depress some traders, traders who aren't happy can't make money Traders who do well rarely lose money concerned you can make money by trading coins Hodl isn't for all cryptocurrency investors or all cryptocurrencies pros have a hard time trading in the short term Investors choices are affected by biases the investor sentiment cycle shows how the performance of an investor's portfolio affects how they feel when the price of a stock or cryptocurrency is low investors might feel fear anger or panic which could make them want to sell when the price of a stock or cryptocurrency is high investors often buy when it is not the best time to do so.
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monineklutak
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October 24, 2022, 04:25:09 PM |
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Many people who panic during a bearish market at the people who lost their money today so I believe that panicking do mislead some people and also met some people to feel that it is the best time for them to sell out their project or they're coming they are holding holding have advantages because when it enters a bullish market there is every thing that show that the coin will make a good result of profit so that is a necessary thing why some people is holding a coin for long time
It's true that when we panic, it will actually make us unable to think clearly and ultimately make the wrong decision. in a bear market we have to stay calm and control ourselves, take advantage of these conditions to buy and I think it's the right time
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capedbaldy
Sr. Member
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DGbet.fun - Crypto Sportsbook
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October 24, 2022, 11:59:36 PM |
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It's true that when we panic, it will actually make us unable to think clearly and ultimately make the wrong decision. in a bear market we have to stay calm and control ourselves, take advantage of these conditions to buy and I think it's the right time
We should have emotional control during bear market and avoid reading news on invalid sources as it will distract you from your long term investment focus, I think if you hold the top of the coin and it is better to leave the market activity for a while because the movement chart will demoralize the plan long term investment.
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len01
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November 30, 2022, 10:56:28 AM |
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holding a coin when the situation is like this it looks fine and if it is for a coin that is popular and has a good reputation from the past till now like bitcoin. when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season. maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them
If you are talking about bitcoin, then everything is correct, you just need to hold, but if we are talking about alts, then everything is not so simple and sometimes a hold can only lead to a loss of funds. You need to look at projects that are still working now, watch their announcements and results, but even this does not always work. You need to buy alternative cryptocurrencies only if you are confident in the project, but even in this case, you need to invest a small percentage of your funds so that in case of failure the loss does not become very critical. talking about investing in altcoins is not as easy as we imagine, it's different from investing in bitcoin. that's right. investing in alt coins while the bearish season is still going on has a very high risk and losing those funds is one of the risks. but if investing in the right alt coins I don't think it will cause too much panic. I will give an example of ETH (queen of bitcoin). i think ethereum is the king of alt coins always give good price in future and not too worried if invest there for long term. anyway investing in a new project at this time seems to have a big risk
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xSkylarx
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November 30, 2022, 11:03:47 AM |
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holding a coin when the situation is like this it looks fine and if it is for a coin that is popular and has a good reputation from the past till now like bitcoin. when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season. maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them
If you are talking about bitcoin, then everything is correct, you just need to hold, but if we are talking about alts, then everything is not so simple and sometimes a hold can only lead to a loss of funds. You need to look at projects that are still working now, watch their announcements and results, but even this does not always work. You need to buy alternative cryptocurrencies only if you are confident in the project, but even in this case, you need to invest a small percentage of your funds so that in case of failure the loss does not become very critical. talking about investing in altcoins is not as easy as we imagine, it's different from investing in bitcoin. that's right. investing in alt coins while the bearish season is still going on has a very high risk and losing those funds is one of the risks. but if investing in the right alt coins I don't think it will cause too much panic. I will give an example of ETH (queen of bitcoin). i think ethereum is the king of alt coins always give good price in future and not too worried if invest there for long term. anyway investing in a new project at this time seems to have a big risk It's not a good time to invest in new projects or tokens right now because a lot of scam coins are being released, and it's also a waste of time to sort through all the coins being released and choose the legitimate ones, which is like finding a needle in a haystack. Just try to invest in the top 10 altcoins right now because they are definitely legit, but do your own research before buying them because we don't know what the roadmap and news are about them; This is basic investing, but you really need to know about that coin you are investing to.
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carlisle1
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November 30, 2022, 07:19:22 PM |
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holding a coin when the situation is like this it looks fine and if it is for a coin that is popular and has a good reputation from the past till now like bitcoin. when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season. maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them
If you are talking about bitcoin, then everything is correct, you just need to hold, but if we are talking about alts, then everything is not so simple and sometimes a hold can only lead to a loss of funds. You need to look at projects that are still working now, watch their announcements and results, but even this does not always work. You need to buy alternative cryptocurrencies only if you are confident in the project, but even in this case, you need to invest a small percentage of your funds so that in case of failure the loss does not become very critical. talking about investing in altcoins is not as easy as we imagine, it's different from investing in bitcoin. that's right. investing in alt coins while the bearish season is still going on has a very high risk and losing those funds is one of the risks. but if investing in the right alt coins I don't think it will cause too much panic. I will give an example of ETH (queen of bitcoin). i think ethereum is the king of alt coins always give good price in future and not too worried if invest there for long term. anyway investing in a new project at this time seems to have a big risk Additional risk if you will be going to invest with new project unlike with top caliber project who mostly follow bitcoin when the market starts to pump back. You needed to work hard with your research since there are many factors that affects the market and without proper knowledge you add risk with your investment. Take time to continue doing your research and observe if how the market will move don't judge quickly as you may fall from those whales who can create an artificial market movement.
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len01
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November 30, 2022, 08:38:54 PM |
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It's not a good time to invest in new projects or tokens right now because a lot of scam coins are being released, and it's also a waste of time to sort through all the coins being released and choose the legitimate ones, which is like finding a needle in a haystack. Just try to invest in the top 10 altcoins right now because they are definitely legit, but do your own research before buying them because we don't know what the roadmap and news are about them; This is basic investing, but you really need to know about that coin you are investing to. what you say is true when the market situation is experiencing bearish indeed it is very high risk investing in new projects and prefer the top 10 coins. but little do we know that the top 10 coins also have a high risk. because some years or every year the top 10 coins will shift places with all factors and sometimes the top 10 coins are taken over by some newer coins. so that everything has its own risks and we can all do it with our own research to minimize these risks
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Rosa Gonzales
Newbie
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Activity: 5
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December 05, 2022, 08:34:15 PM |
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We should use this hard times not for panic but for learning. The more we learn, the more we analyze everything (independently, not just follow the mainstream) the more successful we will be in the next bullrun.
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Pejoh Asu
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December 06, 2022, 09:51:31 AM |
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We should use this hard times not for panic but for learning. The more we learn, the more we analyze everything (independently, not just follow the mainstream) the more successful we will be in the next bullrun.
If we already know Cryptocurrencies at least 3 years then immediately take action, namely buying, not to learn or analyze, the market is difficult to guess, and there is no analysis that ensures we profit, it's better to immediately buy and have a target time to sell with profit conditions.
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oprahwindfury
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December 07, 2022, 08:04:52 PM |
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Indeed, to be sure, crypto costs are at present encountering is bearish. There is possible that the cost will increment sooner rather than later. In any case, the frenzy will work out easily for merchants assuming they see the state of the resource diminishes. In any case, in the event that the resources we need to hold in the long haul, we don't have to panic.still The market has been bearish, however there's no reason for alarm as it's a standard here to have the worth lessen somewhat after the bull run.
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Sebas.tian
Full Member
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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December 08, 2022, 03:38:19 AM |
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The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH?
This is not the first time, and it will never be the last time investors will stop experiencing bearish market because whenever there is a bearish, it allow investors to go to the market to purchase potential coins that will give them joy in the future. Now that the bearish season is about to leave for the bullish to takeover the position, showed that many altcoins investors will not miss this opportunity that is about to happen to altcoins price. I think, potential investors in this community don't used to afraid with the market condition because they believed that those two things bearish and bullish must definitely occur in the market for investors to know what to do at the period.
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Paul Pogba
Member
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Activity: 1232
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December 08, 2022, 04:11:47 AM |
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When there is a red market like now, it's been more than a year, so there's no best thing but to hold and buy more, the market will rise soon, don't be afraid because pressure like this is normal and if we panic and sell assets, other people will buy the one that will get more profit.
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Ani1985
Member
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Activity: 219
Merit: 15
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December 08, 2022, 07:13:31 AM |
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Panic is the type of person who will regret it, as we know that market cryptocurrencies like a roller coaster so that prices go up and drop are often unexpected, but as investors then make every moment to do the best for example when the Merket Drop then the best thing is to buy.
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Godday
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July 14, 2023, 03:18:13 PM |
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Hodl can be done by those who don't use money to buy their daily needs. I believe in the investment concept where we use our savings to invest and then HODL for the long term. I have purchased SOL, ADA, CRO and Near. I have put more than 50% of my money on NEAR at $1.19 and I am confident in the development concept that NEAR is doing.
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