Munir575
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Activity: 546
Merit: 10
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September 15, 2022, 08:48:44 PM |
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Trading is exceedingly dangerous in the current market environment. Since the COVID pandemic is still ongoing and contributes to the market's sour attitude, I'll just hold onto my coins for as long as I can rather than try to sell them to make a profit. I wouldn't think twice purchasing some altcoins right now because they are actually on sale if I had some spare cash. Some of those coins might easily increase by 20% once the market starts to rise again, which would result in a huge profit for me.
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Rigon
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September 15, 2022, 11:56:57 PM Last edit: September 16, 2022, 12:27:54 AM by Rigon |
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The current market situation is very bad. We all need to be patient in this bad market.But be very careful. All the resources you have should be properly managed.All the coins you bought at high price must be kept. When the bear market ends, you can certainly recover from all those coins later.But in this bad situation in the market you will not invest again. Keep the resources that you have properly.
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Xampeuu
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Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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September 16, 2022, 03:35:38 AM |
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Trading is exceedingly dangerous in the current market environment. Since the COVID pandemic is still ongoing and contributes to the market's sour attitude, I'll just hold onto my coins for as long as I can rather than try to sell them to make a profit. I wouldn't think twice purchasing some altcoins right now because they are actually on sale if I had some spare cash. Some of those coins might easily increase by 20% once the market starts to rise again, which would result in a huge profit for me.
At times like this, of course, buying and storing is the best thing. but because of the pandemic situation and inflation we must be able to manage finances to meet the needs of daily life so that it does not interfere with our asset investment, because it aims for the long term or at least until the bullish season comes where no one knows when it will come. With such financial management, it will certainly make us more enjoy holding assets until the target is achieved
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carlisle1
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September 16, 2022, 09:59:55 AM |
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Trading is exceedingly dangerous in the current market environment. Since the COVID pandemic is still ongoing and contributes to the market's sour attitude, I'll just hold onto my coins for as long as I can rather than try to sell them to make a profit. I wouldn't think twice purchasing some altcoins right now because they are actually on sale if I had some spare cash. Some of those coins might easily increase by 20% once the market starts to rise again, which would result in a huge profit for me.
At times like this, of course, buying and storing is the best thing. but because of the pandemic situation and inflation we must be able to manage finances to meet the needs of daily life so that it does not interfere with our asset investment, because it aims for the long term or at least until the bullish season comes where no one knows when it will come. With such financial management, it will certainly make us more enjoy holding assets until the target is achieved You must have that sets of plans regarding to your investment, right now, the current market movement creates fears, and more and more traders and investors are being forced to cut their losses and release those assets which not performing or assets that they can let go to avoid further losses. Handling these types of situations really a hard task, but throughout the day, it's going to depends on how you decide with your investment. Still going to be your decision making that will save your butt with any market instances that may affects your profits and losses.
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kapalmabur
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September 16, 2022, 11:52:40 AM |
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Trading is exceedingly dangerous in the current market environment. Since the COVID pandemic is still ongoing and contributes to the market's sour attitude, I'll just hold onto my coins for as long as I can rather than try to sell them to make a profit. I wouldn't think twice purchasing some altcoins right now because they are actually on sale if I had some spare cash. Some of those coins might easily increase by 20% once the market starts to rise again, which would result in a huge profit for me.
At times like this, of course, buying and storing is the best thing. but because of the pandemic situation and inflation we must be able to manage finances to meet the needs of daily life so that it does not interfere with our asset investment, because it aims for the long term or at least until the bullish season comes where no one knows when it will come. With such financial management, it will certainly make us more enjoy holding assets until the target is achieved That's right, with the current conditions, we really have to think about managing finances and investments. expenses need to be reduced and as much as possible to buy really important needs, It's not an easy thing for sure to face conditions like this but somehow we have to keep trying to survive
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doomloop
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September 16, 2022, 12:48:30 PM |
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In my opinion i think that the ratio of money which you esteem that will not use in everyday works so it will be ideal for you to put that differently in separate tokens, when the price reaches to grand level then sell them one by one. Short term investment in bad market is associated with positivity but it will be useful for some expert buddies not for everyone.
Diversification is a great thing in the investment world wherever you are. I personally do not believe in putting more than 10% into any coin honestly, but I do not follow my own investment advice because 50% of my coins are in bitcoin, and nearly 30-35% of them are in ETH and another 15-20% are in BNB, so I am not really following my own advice. But if you find something that really worths your money then you should put a 10% in there, and keep doing that with as many as you can, maybe put like 25% to bitcoin and 20% to ethereum because those are giants of the market and that is reasonable levels, but aside from that keep it on 10% and diversify your portfolio for sure.
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YOSHIE
Legendary
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Activity: 2254
Merit: 1783
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September 16, 2022, 01:54:37 PM |
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I mean if we see "when is market condition bear" then i would be perfect call to buy top100 crypto. But anyone suggestion in this situation when we fall in bear market.
If you aim / buy crypto types in the top 100 boxes, in my opinion it's not a trade name, it's more, towards long-term & short-term investments. As far as I know there are several trading methods you can do such as: Trading on margin, spot and Futures, my experience, of course I only target the top five crypto types, for example: Bitcoin, Ethereum, BNB. But if you want to buy and choose crypto top 100, for me you can just focus on investing, because in the top 100 there are many cryptos that you can choose and are cheap, during a bear market like today, my understanding if i focus on the market as it is now, of course i am not in trading, i prefer long term investment.
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batang_bitcoin
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September 16, 2022, 11:48:20 PM |
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That's right, with the current conditions, we really have to think about managing finances and investments. expenses need to be reduced and as much as possible to buy really important needs, It's not an easy thing for sure to face conditions like this but somehow we have to keep trying to survive
As you reduce your expenses, don't compromise the budget you'll have for investments. Still, keep on investing while budgeting everything that you can. Remember that in a bear market and financial crisis, there would always be people that takes this as an advantage and opportunity and the next millionaires are created at these times.
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barbara44
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September 17, 2022, 08:42:19 PM |
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The proper way to make a trade is to of course buy low and then sell high. Professional trading do have its own definition too and if you think you aren't yet on that level then you better practice more. Trading is risky even if you do it on a proper/professional way so your assets are not safe but you are prone of losing them but this fact shouldn't be enough to scare you or discourage from doing what you love.
When it comes to coin choice, top 100 can be too much already but why not lower it like pick only coins that are under the top 10 or top 5? Not only that you won't have a hard time dividing your funds on them, but the success rate of those coins are also much higher.
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DoublerHunter
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September 17, 2022, 08:59:51 PM |
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The proper way to make a trade is to of course buy low and then sell high. Professional trading do have its own definition too and if you think you aren't yet on that level then you better practice more. Trading is risky even if you do it on a proper/professional way so your assets are not safe but you are prone of losing them but this fact shouldn't be enough to scare you or discourage from doing what you love.
When it comes to coin choice, top 100 can be too much already but why not lower it like pick only coins that are under the top 10 or top 5? Not only that you won't have a hard time dividing your funds on them, but the success rate of those coins are also much higher.
^The part that I bolded above is only a basic way of trading that surely you will gain. But the problem is how you will execute that action so that you can actually predict the market at the right price like buying high and selling low. If you are in day trading, scalping would be better if the market has a continuous price decrease. I think not only the indicator to determine a good coin if it is on the top 100, some of them are not good for investment. That is why we choose wisely, a coin that has potential.
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sayaya17
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September 17, 2022, 09:08:53 PM |
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Trading is exceedingly dangerous in the current market environment. Since the COVID pandemic is still ongoing and contributes to the market's sour attitude, I'll just hold onto my coins for as long as I can rather than try to sell them to make a profit. I wouldn't think twice purchasing some altcoins right now because they are actually on sale if I had some spare cash. Some of those coins might easily increase by 20% once the market starts to rise again, which would result in a huge profit for me.
At times like this, of course, buying and storing is the best thing. but because of the pandemic situation and inflation we must be able to manage finances to meet the needs of daily life so that it does not interfere with our asset investment, because it aims for the long term or at least until the bullish season comes where no one knows when it will come. With such financial management, it will certainly make us more enjoy holding assets until the target is achieved That's right, with the current conditions, we really have to think about managing finances and investments. expenses need to be reduced and as much as possible to buy really important needs, It's not an easy thing for sure to face conditions like this but somehow we have to keep trying to survive In a bear market situation like now we have to be careful when trading, because the risk that we will face will be greater than when trading in a bull market situation. As you said it is very important to manage our finances properly, we better prioritize trading on top coins, which has a greater chance of making a profit. That way the capital we use will not be wasted, because we know this year many bad things will happen, so we must be wise in spending our money. Then my advice in situations like now avoid futures trading, which has a very high risk. It is better to make a small profit from spot trading, but sustainable and if we are patient in accumulating the profit we make from spot trading will be large too. Actually the safest option when in a bear market situation is to accumulate top coins and we hold it in the long term, it's actually the option I most recommend.
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LUCKMCFLY
Legendary
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Activity: 2562
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
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September 19, 2022, 02:18:40 AM |
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Trading is exceedingly dangerous in the current market environment. Since the COVID pandemic is still ongoing and contributes to the market's sour attitude, I'll just hold onto my coins for as long as I can rather than try to sell them to make a profit. I wouldn't think twice purchasing some altcoins right now because they are actually on sale if I had some spare cash. Some of those coins might easily increase by 20% once the market starts to rise again, which would result in a huge profit for me.
At times like this, of course, buying and storing is the best thing. but because of the pandemic situation and inflation we must be able to manage finances to meet the needs of daily life so that it does not interfere with our asset investment, because it aims for the long term or at least until the bullish season comes where no one knows when it will come. With such financial management, it will certainly make us more enjoy holding assets until the target is achieved That's right, with the current conditions, we really have to think about managing finances and investments. expenses need to be reduced and as much as possible to buy really important needs, It's not an easy thing for sure to face conditions like this but somehow we have to keep trying to survive In a bear market situation like now we have to be careful when trading, because the risk that we will face will be greater than when trading in a bull market situation. As you said it is very important to manage our finances properly, we better prioritize trading on top coins, which has a greater chance of making a profit. That way the capital we use will not be wasted, because we know this year many bad things will happen, so we must be wise in spending our money. Then my advice in situations like now avoid futures trading, which has a very high risk. It is better to make a small profit from spot trading, but sustainable and if we are patient in accumulating the profit we make from spot trading will be large too. Actually the safest option when in a bear market situation is to accumulate top coins and we hold it in the long term, it's actually the option I most recommend. Also, I am inclined towards the Hold option, especially for a safe asset such as BTC, if we go for BTC there would be no problems, it would be expected and that's it, but there are people who like to move money and not they have the patience to see how their money goes up or down and more like pir is seeing now that it is more down than up, then we can make the futures market as a good decision, do a good bioen analysis and take risks, many are doing this, but copy-trading is very fashionable, I have not tried it, epro is a great option for people who have no idea what is going to happen in the market.
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fuguebtc
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September 19, 2022, 02:57:36 AM |
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Also, I am inclined towards the Hold option, especially for a safe asset such as BTC, if we go for BTC there would be no problems, it would be expected and that's it, but there are people who like to move money and not they have the patience to see how their money goes up or down and more like pir is seeing now that it is more down than up, then we can make the futures market as a good decision, do a good bioen analysis and take risks, many are doing this, but copy-trading is very fashionable, I have not tried it, epro is a great option for people who have no idea what is going to happen in the market. With a situation like this, I also lean towards the option of holding, spot trading or futures trading is very risky. The bear market is a very difficult market to profit from so don't be in a hurry or just for a little profit in the short term make us lose a lot. In my opinion if we cannot make a profit during bear season, we can look for another job during this time and try to accumulate top coins waiting for the next bull season. This way we will minimize the risk and also accumulate more cheaper coins.
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deathcode
Copper Member
Sr. Member
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Activity: 1428
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September 19, 2022, 03:22:03 AM |
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Also, I am inclined towards the Hold option, especially for a safe asset such as BTC, if we go for BTC there would be no problems, it would be expected and that's it, but there are people who like to move money and not they have the patience to see how their money goes up or down and more like pir is seeing now that it is more down than up, then we can make the futures market as a good decision, do a good bioen analysis and take risks, many are doing this, but copy-trading is very fashionable, I have not tried it, epro is a great option for people who have no idea what is going to happen in the market. With a situation like this, I also lean towards the option of holding, spot trading or futures trading is very risky. The bear market is a very difficult market to profit from so don't be in a hurry or just for a little profit in the short term make us lose a lot. In my opinion if we cannot make a profit during bear season, we can look for another job during this time and try to accumulate top coins waiting for the next bull season. This way we will minimize the risk and also accumulate more cheaper coins. That's right, we are in an unstable bear market. looks like an improvement but after that will face a deeper correction. spot and futures trading can trap us in these uncertain market fluctuations. holding the assets that we have is the best choice. we have to wait for a better moment to start our trading again.
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kesmex
Full Member
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Activity: 1110
Merit: 104
The OGz Club
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September 19, 2022, 12:02:51 PM |
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Also, I am inclined towards the Hold option, especially for a safe asset such as BTC, if we go for BTC there would be no problems, it would be expected and that's it, but there are people who like to move money and not they have the patience to see how their money goes up or down and more like pir is seeing now that it is more down than up, then we can make the futures market as a good decision, do a good bioen analysis and take risks, many are doing this, but copy-trading is very fashionable, I have not tried it, epro is a great option for people who have no idea what is going to happen in the market. With a situation like this, I also lean towards the option of holding, spot trading or futures trading is very risky. The bear market is a very difficult market to profit from so don't be in a hurry or just for a little profit in the short term make us lose a lot. In my opinion if we cannot make a profit during bear season, we can look for another job during this time and try to accumulate top coins waiting for the next bull season. This way we will minimize the risk and also accumulate more cheaper coins. Indeed when a bear market needs to be wise in making decisions, I think it is a must because the current conditions are full of risks and if we make decisions carelessly it is not impossible that we will lose, clear as much as possible to minimize the risk
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