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Author Topic: Enter the market with a loss mindset~what you can afford to lose  (Read 914 times)
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September 06, 2022, 04:49:36 PM
 #101

Every cryptocurrency coin is built-in tendency to loose value over time, so purchasers and buyers should be aware of this and should accept this. It demands to have faith that regardless of how the prices changes, you will always works patiently and never rely on your feelings. A person cannot gain profit once they have a loss on their mind since they need to let go of the loss in order to win.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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September 08, 2022, 04:12:55 AM
 #102

This is actually the best time to accumulate. If you aren't into trading and you prefer long-term investment, don't expect profit for now. Some coins would be profitable in the long run since we're still in the bear season. Have patience and as much as possible, don't get tempted to sell if you're holding a potential coin.
Long term investment are good and profitable but not for daily traders or traders that are not patient enough. Crypto is the general word for patience, it deals and take much time if you're expecting good stipends. Selling coins that are dumping is the proper thing to do, and bagging more potential coins especially when it's in dip, before one know it, portfolio have already been in rapid increase. For me, I'm keeping BNB for long term purpose, although I have both in Spot and Futures. Spot is for long term while the future is for daily longing and shorting of it inother to gain profits from the market.

Free space
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September 09, 2022, 03:08:48 AM
 #103

When you see insane predictions, it's usually time to sell. Yes, greed does blind us often despite same pattern repeating.

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September 09, 2022, 12:54:53 PM
 #104

Crypto market is always considered to be a risky market. While there is a huge profit to be made in case of investment, there is always a risk of losing all your capital. Because it is a market that fluctuates all the time.  The market may dump or a project in which you have invested may fail. Global news may influence. So enter the market with the intention that you may lose. And  Always invest the same capital in the market whose loss will not affect your daily life. Invest your capital which is more than you need.You come to the market with the intention of losing your capital that you will not need in a difficult situation۔You can only afford to lose money that is more than you need۔

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Quidat
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September 09, 2022, 08:16:22 PM
 #105

When you see insane predictions, it's usually time to sell. Yes, greed does blind us often despite same pattern repeating.
This!

You should really know and make yourself that aware and prepared on whatever market sentiments that we do face.Yes, if predictions and speculations turns out to be hyper bullish.
Then this do really indicates about being too greedy of the market which means that when everyone turns out to be greedy then its really a solid sign
that we should sell off our bags and you do the opposite thing whenever the market is really on deep fear then this is a solid sign that you should
really buy.
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September 09, 2022, 08:34:13 PM
 #106

People don’t have the mindset of losing money when it comes to cryptocurrency trading, cryptocurrency is bought profit and lost, if you a making profit you should also be expecting lose because you can’t just be making profit and lost will come in, the best is just that you should always control your lost, let your profit be more than lost.

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sana54210
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September 10, 2022, 06:09:56 PM
 #107

Crypto market is always considered to be a risky market. While there is a huge profit to be made in case of investment, there is always a risk of losing all your capital. Because it is a market that fluctuates all the time.  The market may dump or a project in which you have invested may fail. Global news may influence. So enter the market with the intention that you may lose. And  Always invest the same capital in the market whose loss will not affect your daily life. Invest your capital which is more than you need.You come to the market with the intention of losing your capital that you will not need in a difficult situation۔You can only afford to lose money that is more than you need۔
I would say that if you are investing into bitcoin or ethereum then this shouldn't really be true, at least I do not believe that it is true. If you are investing into those then there is a good chance that you could make the money back and profit from it, on the other hand if you are investing into some small cap coin then there is a chance you could lose.

Even some top 10 coins could drop because if you check the past top 10s then you will see that btc and eth are the only ones that stayed, and now bnb is staying as well but all others changed constantly. Stablecoins stay too, but they are not crypto, the price is always the same, so they do not count.
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September 10, 2022, 11:01:14 PM
 #108

You must have financial literacy and market knowledge in order to enter the market with the fewest possible losses. I suggest reading books to learn more about it. There are numerous top-notch websites like Medium where articles on it can be found. For me, this application is the most ambitious of the rest. I chose to buy dynasets as a wager that this initiative would be a success. I sincerely hope that this will turn out to be the best choice for me in the long run. Has anyone received any updates on this?
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September 10, 2022, 11:56:54 PM
 #109

We'll just treat our funds as "dead money" once we've decided to buy, hold or trade them. I already have this kind of mentality in which really don't mind about my losses, especially that I am doing DCA with Bitcoin since May 2022. I'll just keep buying BTC with my extra "not beer" money every month to accumulate my wealth overtime.

Preparing for the big rain of course, especially the next halving period.

Pla
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September 11, 2022, 09:58:45 AM
 #110

Crypto market is always considered to be a risky market. While there is a huge profit to be made in case of investment, there is always a risk of losing all your capital. Because it is a market that fluctuates all the time.  The market may dump or a project in which you have invested may fail. Global news may influence. So enter the market with the intention that you may lose. And  Always invest the same capital in the market whose loss will not affect your daily life. Invest your capital which is more than you need.You come to the market with the intention of losing your capital that you will not need in a difficult situation۔You can only afford to lose money that is more than you need۔
I would say that if you are investing into bitcoin or ethereum then this shouldn't really be true, at least I do not believe that it is true. If you are investing into those then there is a good chance that you could make the money back and profit from it, on the other hand if you are investing into some small cap coin then there is a chance you could lose.

Even some top 10 coins could drop because if you check the past top 10s then you will see that btc and eth are the only ones that stayed, and now bnb is staying as well but all others changed constantly. Stablecoins stay too, but they are not crypto, the price is always the same, so they do not count.
bitcoin, ethereum, and also bnb are the least risky investments, we don't even need to worry as many people worry that a panic sell will occur. buy and save and don't ignore it anymore, of course if the market turns bullish there will be a lot of news about cryptocurrencies that accompanies it, so we don't have to worry about missing the moment, and for sure there will be profit, it's different if we want a thousand percent profit on projects that don't clear

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