bitgov
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June 06, 2022, 07:33:02 PM |
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Investing in crypto doesn't always make a profit and sometimes it is a loss, especially considering the current market conditions which is not an easy thing to make a decision, the most important thing is to keep trying and the more we have more experience it will also make us better
That is only viable if we are talking about a situation where you will get a loss and then sell it instead of keep holding it. This market doesn't mean a loss for the people who are still holding, if you buy at 50k and it drops to 30k and then goes to 60k and that's when you sell, you just made a 10k profit, so as you can see even after a drop that doesn't mean it has to be a loss. But, if you buy at 50k and sell at 49k right away, even that would be a loss. This is why I always say that if it is bitcoin that you bought, then do not sell it for a loss ever no matter what is going on, always try to have more and more because that is how you make a profit. Crypto is a very technical stuff - most people do not have much awareness about the coin - like many invested in Luna and they ended up in misery. So - take care of your money - and if you are going on profit - my two cents of suggestion is not to keeep all the money is the safe vault.
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RealMalatesta
Legendary
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Activity: 2366
Merit: 1134
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June 06, 2022, 08:20:38 PM |
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Investing in crypto doesn't always make a profit and sometimes it is a loss, especially considering the current market conditions which is not an easy thing to make a decision, the most important thing is to keep trying and the more we have more experience it will also make us better
That is only viable if we are talking about a situation where you will get a loss and then sell it instead of keep holding it. This market doesn't mean a loss for the people who are still holding, if you buy at 50k and it drops to 30k and then goes to 60k and that's when you sell, you just made a 10k profit, so as you can see even after a drop that doesn't mean it has to be a loss. But, if you buy at 50k and sell at 49k right away, even that would be a loss. This is why I always say that if it is bitcoin that you bought, then do not sell it for a loss ever no matter what is going on, always try to have more and more because that is how you make a profit. There are tons of people who do leverage trading, margins, futures basically, and there are tons of people who use stop loss as well, and not like just 3% or something, people who used 50% and still lost, and there were tons of people who invested into Luna, a project with a stablecoin in the top 10. So, even though if we are talking about just spot buying bitcoin and holding without stop loss, for many years, even decades, then you are right, but there are many people who approach this asset with a higher risk and reward ratio that ended up losing money as well. So you are right about your own approach, but people want to make money a lot faster than that.
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Quidat
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June 06, 2022, 10:13:25 PM |
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Investing in crypto doesn't always make a profit and sometimes it is a loss, especially considering the current market conditions which is not an easy thing to make a decision, the most important thing is to keep trying and the more we have more experience it will also make us better
That is only viable if we are talking about a situation where you will get a loss and then sell it instead of keep holding it. This market doesn't mean a loss for the people who are still holding, if you buy at 50k and it drops to 30k and then goes to 60k and that's when you sell, you just made a 10k profit, so as you can see even after a drop that doesn't mean it has to be a loss. But, if you buy at 50k and sell at 49k right away, even that would be a loss. This is why I always say that if it is bitcoin that you bought, then do not sell it for a loss ever no matter what is going on, always try to have more and more because that is how you make a profit. Crypto is a very technical stuff - most people do not have much awareness about the coin - like many invested in Luna and they ended up in misery. So - take care of your money - and if you are going on profit - my two cents of suggestion is not to keeep all the money is the safe vault. Still boggling up my mind on how the hell they do recognize on investing into Luna when everything is really obviously just a hype? They never intended to make out some in depth research about it. They do just go along on what the community is been doing which is mostly there are people who do really live with hype and make profits out of it but for those who had bought on the peak are the ones who had lost that much or big time and some do even resulted into suicide which isnt something new into this market where things comes out into that point if the said outcome cant really be handled out.
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AndySt
Legendary
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Activity: 2170
Merit: 1012
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June 06, 2022, 11:50:27 PM |
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Still boggling up my mind on how the hell they do recognize on investing into Luna when everything is really obviously just a hype? They never intended to make out some in depth research about it. They do just go along on what the community is been doing which is mostly there are people who do really live with hype and make profits out of it but for those who had bought on the peak are the ones who had lost that much or big time and some do even resulted into suicide which isnt something new into this market where things comes out into that point if the said outcome cant really be handled out.
Oh, Luna is a whole disaster, which reminded me of the old most important rule of an investor, that you need to be moderately careful and never lose vigilance in this matter. Because it is difficult to get rid of the feeling that the asset will not fall further when there is such a huge airbag and there is a persistent feeling that if not now, then only then the asset will win back its own and you will laugh at your fears. But this does not always happen, so in any case, you should never lose vigilance and invest all your funds in a single asset and always calculate the deviations. Sometimes it is still better to retreat and lose less than to persist, but of course you should not retreat all the time.
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bitgov
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June 08, 2022, 09:03:02 PM |
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Oh, Luna is a whole disaster, which reminded me of the old most important rule of an investor, that you need to be moderately careful and never lose vigilance in this matter. Because it is difficult to get rid of the feeling that the asset will not fall further when there is such a huge airbag and there is a persistent feeling that if not now, then only then the asset will win back its own and you will laugh at your fears. But this does not always happen, so in any case, you should never lose vigilance and invest all your funds in a single asset and always calculate the deviations. Sometimes it is still better to retreat and lose less than to persist, but of course you should not retreat all the time.
Yes - that is correct. Sometime good decisions turns out to be worse night mare. Luna was one such disaster. People make hurry to invest in crypto without doing a. market reserach .. this is sad and unfortunate that you aim profit and you lose even the base money.
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TheNineClub
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June 08, 2022, 09:19:05 PM |
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Btc is not moving Also other crypto down So where to invest to get good profit ? Is there actually coins wich follows the food prices ? As food going up so u can earn profit from coins what follows the food prices also. What about panncakeswap coins ?
The point is we need money but nowhere seems to be money moving fed better give us money forget about this inflation rate hikes...and start money printing again if usa cant print money we give rights to pump markets to other country if usa cant get the job done.
So lets nominate country who can pump markets and through the inflation to people who live in there Any nomimations?
No one can really tell you in what to invest, it's up to personal goals and preferences. But why all the need to invest? I mean, this is not a sprint, rather a marathon so no need to force investments. This is the perfect time to revisit your portfolio, and see what you would like to support, not rush into something just because it's a good opportunity.
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livingfree
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June 08, 2022, 11:06:24 PM |
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No one can really tell you in what to invest, it's up to personal goals and preferences. But why all the need to invest? I mean, this is not a sprint, rather a marathon so no need to force investments. This is the perfect time to revisit your portfolio, and see what you would like to support, not rush into something just because it's a good opportunity.
It's because we're all aiming to be financially free in the future and this is a way to fight inflation. There are suggestions where to invest but if you're in here, you're prone into shilling and if you don't notice it, you'll be a part of it. As everything looks bearish right now. In crypto and traditional markets, there are many investments to place your money but it is a key that it's not just about the investment they tell but about what you know with that investment. You don't invest randomly these days or you will fall with the same projects like Luna and Ust.
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Captain Corporate
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June 08, 2022, 11:09:36 PM |
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Financially free is not really a thing I even aim at doing at this point. For me it is more like trying to reach old age when all of our parents are dead, and all of the things they own passes to us, so that we could live comfortably without working much. I know that is a bad thing to say for many people, but that is reality, I am not seeing myself rich before I am 60, all I want is a very decent life where I am not starving, I should be able to pay my bills, and live a decent humane life that would not be anything special, and then have an old life where I would be dying peacefully without having to work until I am 80 to support my life.
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Rengga Jati
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June 08, 2022, 11:27:36 PM |
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Btc is not moving Also other crypto down So where to invest to get good profit ?
Now is the bearish market era, the market will probably keep going down. It will depend on what kind of investment you are in. Actually, Bitcoin (BTC) is the best choice to pick in this bearish era, in order to prepare for the next bullish era, it means that Bitcoin for long-term investment. Additionally, some other top altcoins can be also chosen as assets for long-term investment. But once more, for the long term, so you will not need to sell it several months later, because the next bullish era may still happen several years later. As you know, the bearish market like this right now doesn't mean that we cannot get any profits. We can still get it because we still have a chance to pick or utilize every market movement. This is like short-term investment or trading by utilizing the up and down price and volatility. But this is also high risk.
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Cookdata
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June 08, 2022, 11:48:59 PM |
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You're saying you chose your job to diversify your portfolio? Not judging, genuinely curious. If so, was this a career change or something you had your head set on when you got out of college?
There is a lot happening right now, the sentiment of the market, in general, is not favourable for everyone and now it will be difficult to pump bitcoin price, so the OP was merely making a suggestion that since the inflation has dipped us and the federal reserve has increased the interest rate and with their effort to stabilize the economy (in their own quotation of building good economy though) by printing more money, if possible we can alternatively pump a project instead of relying on Bitcoin that is correlated to stocks. I don't think whales are even ready to push the market the way it is now, many of them are just waiting to see a signal from the FED before they restore their confidence in bitcoin and other markets.
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Sebas.tian
Full Member
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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June 09, 2022, 08:19:11 AM |
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If you want to invest currently, I believe it's better you invest in bitcoin, just buy bitcoin and HOLD. Actually if you are investing in bitcon you should be prepared to hold for long term, if you really want to make enough profit then you should hold for long term, the more you hold bitcoin the more profits you get. But I think Bitcoin investment is not really profitable for short term holders, if you want to hold bitcoin you should be prepared to hold for long.
I agree with you, bitcoin is more favorable in this season than any other coins because bitcoin price has dropped down to a level where poor people can buy bitcoin and hold for the bear market to over before they can sell to make a huge amount of money. I think, bitcoin price is preparing to increase higher for those that bought bitcoin few months ago to get ready to embrace good income from their investment. I believe, long term investors will definitely achieve something good soon when the price increase higher in the market.
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livingfree
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June 09, 2022, 08:51:20 AM |
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Financially free is not really a thing I even aim at doing at this point. For me it is more like trying to reach old age when all of our parents are dead, and all of the things they own passes to us, so that we could live comfortably without working much. I know that is a bad thing to say for many people, but that is reality, I am not seeing myself rich before I am 60, all I want is a very decent life where I am not starving, I should be able to pay my bills, and live a decent humane life that would not be anything special, and then have an old life where I would be dying peacefully without having to work until I am 80 to support my life. You need more of being open about finance so that you'll understand how important and good it is when you're financially free. Why you will rely to the things that you'll inherit from them if you can work on your own? I think this is still not open as the sandwich generation is still there and that mindset is hard to be changed. But you know what, you don't have to wait for your parents to be dead and get their possessions, work on your own and make them proud because it's easier to move and do things that you want if you're financially free and you can even make them prouder and happier.
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Cryptmuster
Legendary
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Activity: 2114
Merit: 1361
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June 09, 2022, 10:04:39 AM |
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There is a lot happening right now, the sentiment of the market, in general, is not favourable for everyone and now it will be difficult to pump bitcoin price, so the OP was merely making a suggestion that since the inflation has dipped us and the federal reserve has increased the interest rate and with their effort to stabilize the economy (in their own quotation of building good economy though) by printing more money, if possible we can alternatively pump a project instead of relying on Bitcoin that is correlated to stocks. I don't think whales are even ready to push the market the way it is now, many of them are just waiting to see a signal from the FED before they restore their confidence in bitcoin and other markets.
It is likely that they are waiting and accumulating their positions in this situation, more low price. Also, a further fall should not be ruled out, since the lower the price falls, the better they will be able to buy at a better price. Inflation is dangerous for dollars, which have been printed a lot and continue to be printed, but inflation is not terrible for bitcoin, because its value will only grow because of this.
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Lubang Bawah
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June 10, 2022, 01:03:22 PM |
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When the market is still bearish, the thing I do is hold and wait for the right time to buy, the bearish market becomes a good opportunity to buy, never sell because I'm sure we will lose money if we sell while still bearish.
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breathlessz
Member
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Activity: 770
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Trphy.io
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June 10, 2022, 03:55:30 PM |
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There is a lot happening right now, the sentiment of the market, in general, is not favourable for everyone and now it will be difficult to pump bitcoin price, so the OP was merely making a suggestion that since the inflation has dipped us and the federal reserve has increased the interest rate and with their effort to stabilize the economy (in their own quotation of building good economy though) by printing more money, if possible we can alternatively pump a project instead of relying on Bitcoin that is correlated to stocks. I don't think whales are even ready to push the market the way it is now, many of them are just waiting to see a signal from the FED before they restore their confidence in bitcoin and other markets.
It is likely that they are waiting and accumulating their positions in this situation, more low price. Also, a further fall should not be ruled out, since the lower the price falls, the better they will be able to buy at a better price. Inflation is dangerous for dollars, which have been printed a lot and continue to be printed, but inflation is not terrible for bitcoin, because its value will only grow because of this. inflation does not apply to bitcoin where the supply is predetermined, so it cannot be printed on a large scale like fiat. indeed bitcoin is an alternative for investing, although its main function is not that, but we also have to understand the performance of bitcoin so that it can generate profits as we hope. because many people suffer losses because they do not understand bitcoin. Isn't in a market there are winners and losers, so we have to be careful about that
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Oasisman
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June 10, 2022, 04:37:22 PM |
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When the market is still bearish, the thing I do is hold and wait for the right time to buy, the bearish market becomes a good opportunity to buy, never sell because I'm sure we will lose money if we sell while still bearish.
Wait for the right time to buy? I guess the bearish price itself is a good time to buy. I mean, what the current Btc price today is the best time to buy. Never wait for the bottom or you would missing the buying opportunity. Bearish season is the perfect time to buy, don't prioritize on thinking about holding, convince yourself to buy atleast DCA all through every dip.
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TheGreatPython
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June 10, 2022, 09:25:34 PM |
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When the market is still bearish, the thing I do is hold and wait for the right time to buy, the bearish market becomes a good opportunity to buy, never sell because I'm sure we will lose money if we sell while still bearish.
Wait for the right time to buy? I guess the bearish price itself is a good time to buy. I mean, what the current Btc price today is the best time to buy. Never wait for the bottom or you would missing the buying opportunity. Bearish season is the perfect time to buy, don't prioritize on thinking about holding, convince yourself to buy atleast DCA all through every dip. Maybe he is like the others that are waiting for more downfalls? You know many are still speculating about 27k and lower price range. There is nothing wrong with it since there is still no good signs yet the market is now going to recover from the 40k level and above but it's also better if they can take a piece of this bear even if just small amounts, only for remembrance in case the unexpected happens. Hodling is also a good thing and this must be our priority if we are an investor but for the traders, it is still possible for them trade btc and make some profit on this kind of situation since there are still fluctuations that occurs from time to time.
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Semar Mesem
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June 11, 2022, 07:25:21 AM |
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Don't be confused when the market is bearish, I think this is a good opportunity to buy a lot, most people will buy when the market is going up and of course we get a high price, it has been proven that the market always goes up again so buying when the market is red is an opportunity that is not we can skip.
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virasisog
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June 11, 2022, 01:04:51 PM |
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Don't be confused when the market is bearish, I think this is a good opportunity to buy a lot, most people will buy when the market is going up and of course we get a high price, it has been proven that the market always goes up again so buying when the market is red is an opportunity that is not we can skip.
Top and potential coins are still the best picks even during this market situation. I would prefer buying coins that are good for long-term hold and can resist the bearish market such as BNB, ETH, and BTC. Well-established coins usually survive the bear season. Just be wise because some projects aren't good to buy during the bearish market because they can't survive the season.
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boyptc
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June 11, 2022, 01:22:49 PM |
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Don't be confused when the market is bearish, I think this is a good opportunity to buy a lot, most people will buy when the market is going up and of course we get a high price, it has been proven that the market always goes up again so buying when the market is red is an opportunity that is not we can skip.
Yes. It's a good opportunity to have when we're on bear market. Yet this time, it's not only the bear market that everyone should be aware of. But the recession that's hitting every country badly except for a few. So if you're an able person to save and invest at the same time, you're not lucky but you're a fortunate person that you've got that privilege of doing it both because others are saving hard cash in preparation of this inevitable bigger crash and recession.
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