Alisha-k
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Activity: 840
Merit: 23
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July 17, 2022, 05:37:10 PM |
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For those experiencing this market situation for the first time i will say this is the time to study what has been responsible for pushing prices up in the time past, What kind of news had effect on the market, what events as well played major role in Bitcoin prices. Also don't forget to study about why prices keeps going down despite how investors keeps and and holding.
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topman21
Legendary
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Activity: 1176
Merit: 1056
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July 17, 2022, 05:50:11 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.
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abel1337
Legendary
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Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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July 17, 2022, 08:34:16 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading. Coins prices are uncertain but we are on a bearish market right now, Why would you tell newbies not to invest or trade in the current market. This is the time where newbies should learn how to invest or trade in my own opinion. This is the type of market that we need to build ourselves and our portfolio for the expected bull market. Trading doesn't mean doing futures trading, They can start spot trading using small capital as long as they have enough knowledge that they are confident with. They will be thanking the experience they got from trading in bear market when the bull market arrives.
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GeorgeJohn
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July 17, 2022, 11:00:31 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading. To new don't have to do anything for trading. What is the major problem is to understand and they know the concept of what you are about to do and what you are doing, because some of us don't know that before someone may find itself into the community of bitcointalk maybe the person have a qualified knowledge of threading from another way or angle before coming to bitcointalk community. It is not that and I am condemning your advice or your encouragement to the newbies, but neither and giving you my own theory concerning future trading.
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LastKiss
Sr. Member
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Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
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July 18, 2022, 12:40:48 AM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Well, keep calm and buy the dip as always for everyone who has just seen this market. although it's not easy to do, you will be able to learn how to keep calm when the market crash and don't forget to spare your money to buy the dip and do some DCA strategy. Don't ever FOMO in any shitcoin that promises 10 ROI in a short of time because in time like this people who want to be rich quickly always fall into that trap.
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Mpamaegbu
Legendary
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Activity: 2884
Merit: 1233
Once a man, twice a child!
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July 18, 2022, 04:58:22 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
I believe five years, spanning two strong bull seasons and the "bears" there in, since I got registered here is enough for someone like me to give counsel on this topic. My advice on that will be that those witnessing this market for the first time at this moment with all its brutal bearish movements should just sit on their hands and do nothing if they've reduced price value in their portfolios. If the investments are all in Bitcoin, just grab a pillow and have a sound sleep. Nothing is amiss. Price will bounce back. That I can assure anyone.
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rojan
Sr. Member
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Activity: 1554
Merit: 374
Vave.com - Crypto Casino
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July 19, 2022, 02:51:51 AM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading. Coins prices are uncertain but we are on a bearish market right now, Why would you tell newbies not to invest or trade in the current market. This is the time where newbies should learn how to invest or trade in my own opinion. This is the type of market that we need to build ourselves and our portfolio for the expected bull market. Trading doesn't mean doing futures trading, They can start spot trading using small capital as long as they have enough knowledge that they are confident with. They will be thanking the experience they got from trading in bear market when the bull market arrives. I think that it will take a long time to fix the situation that the market is in right now. Now those who are new, but this market can take a lot of tie knowledge. If they trade now, then a lot of tie knowledge will increase. I think so. Newcomers can learn many things now, but they have to learn with time. If not, there may be many problems.
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Silberman
Legendary
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Activity: 2702
Merit: 1374
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July 19, 2022, 04:25:03 AM Last edit: July 22, 2022, 12:20:39 AM by Silberman |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
My advice is incredibly simple, you need to learn how to control your emotions because during a bear market since they are your worst enemy, when the price begins to go down it is completely natural to be afraid of what it is to come, especially since we know that volatility in the market of cryptocurrencies is very high, however you need to be able to manage those emotions because if you are not able to do so then you are going to sell for a bad price and lose a lot of money.
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jostorres
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July 19, 2022, 03:12:05 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
My advice is incredibly simple, you need to learn how to control your emotions because during a bear market they are your worst enemy, when the price begins to go down it is completely natural to be afraid of what it is to come, especially since we know that volatility in the market of cryptocurrencies is very high, however you need to be able to manage those emotions because if you are not able to do so then you are going to sell for a bad price and lose a lot of money. The same goes when the market is going in the opposite direction. We should hold on and don't get too excited to sell because there might be more to come. There are still things that are also important to have other than to have a control. One of it is to become aware if what is going around you, like you need to watch out for the news or on the coin updates so that you will know if what to do before the price of the coin go on that direction you are suspecting. Another one would be is to have a knowledge because when you are knowledgeable you will know if what are those coins that you must avoid and what are the coins that you should invest in.
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BobK71
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July 19, 2022, 07:29:06 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading. Coins prices are uncertain but we are on a bearish market right now, Why would you tell newbies not to invest or trade in the current market. This is the time where newbies should learn how to invest or trade in my own opinion. This is the type of market that we need to build ourselves and our portfolio for the expected bull market. Trading doesn't mean doing futures trading, They can start spot trading using small capital as long as they have enough knowledge that they are confident with. They will be thanking the experience they got from trading in bear market when the bull market arrives. Without proper knowledge If some one invest in trading platform, there will be high possibility to loss his assets. So very beginning one should learn about crypto currency and how can it work. A new investor can invest small amount of money as the bear market is running so there will less risky. After observing the general idea about the market one can invest according to their ability. As a new one should have to keep the attitude of learning.
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carlfebz2
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July 19, 2022, 08:31:36 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading. Coins prices are uncertain but we are on a bearish market right now, Why would you tell newbies not to invest or trade in the current market. This is the time where newbies should learn how to invest or trade in my own opinion. This is the type of market that we need to build ourselves and our portfolio for the expected bull market. Trading doesn't mean doing futures trading, They can start spot trading using small capital as long as they have enough knowledge that they are confident with. They will be thanking the experience they got from trading in bear market when the bull market arrives. Without proper knowledge If some one invest in trading platform, there will be high possibility to loss his assets. So very beginning one should learn about crypto currency and how can it work. A new investor can invest small amount of money as the bear market is running so there will less risky. After observing the general idea about the market one can invest according to their ability. As a new one should have to keep the attitude of learning. When you are just new into a particular object or things then it would really be just common sense that you would really be making yourself able to learn with the basic via just make out research for yourself and trying to accumulate and be wary on information as much as you could rather than making yourself dive in without having the awareness or knowledge at least.For first timers or who had just recently know this market then you would really be having that kind of reaction which you might panic sell most of the time which is likely the case but if you do find yourself able to know such scenarios then you would really know on what you would gonna do in next time.Newbie mistakes are normal but better to avoid it as much as you can when you are just starting up because making out some research doesnt really cost you an arm and leg to do that.
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AakZaki
Legendary
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Activity: 2338
Merit: 1084
zknodes.org
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July 20, 2022, 04:52:31 PM |
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The same goes when the market is going in the opposite direction. We should hold on and don't get too excited to sell because there might be more to come. There are still things that are also important to have other than to have a control. One of it is to become aware if what is going around you, like you need to watch out for the news or on the coin updates so that you will know if what to do before the price of the coin go on that direction you are suspecting.
Another one would be is to have a knowledge because when you are knowledgeable you will know if what are those coins that you must avoid and what are the coins that you should invest in.
That knowledge includes how to conduct market analysis to find out the price that will occur. Some research does need to be done, to predict each coin you want to choose as an investment. Some coins that should be avoided are coins that do not have a clear development, because coins without a clear development will only be trash. Choosing a coin that has real potential must be done with serious research as well as looking at the current list of the best altcoins.
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Sanitough
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July 20, 2022, 09:13:06 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Do not panic. The market price fluctuations are just normal because we are currently witnessing a bearish market scenario, and this will only be temporarily. If you want not to fall for losses, then do not sell your coins at a loss. Just stay calm and continue observing the market. Once the market falls for a deeper correction, always be smarter and take advantage to buy a lot of promising coins while the market allows you. Once the market turns into bullish, you can never do these things again. Be used to it. The market will never stay up all the time, it will eventually go down too so expect that you'll be definitely riding in a roller coaster. Once you panic, you lose your control that may lead you making wrong decisions. So always be calm and never gets affected with the current market condition as its never going to lasts. And with this type of current market, its always a challenge to stay patient as its the only way you'll survive and will still be profitable when the market turns bullish.
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Silberman
Legendary
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Activity: 2702
Merit: 1374
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July 22, 2022, 01:09:11 AM |
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Be used to it. The market will never stay up all the time, it will eventually go down too so expect that you'll be definitely riding in a roller coaster. Once you panic, you lose your control that may lead you making wrong decisions. So always be calm and never gets affected with the current market condition as its never going to lasts. And with this type of current market, its always a challenge to stay patient as its the only way you'll survive and will still be profitable when the market turns bullish.
It is also important to keep our expectations at a realistic level, it is not rare for newbies to come to this market thinking they are going to become incredibly rich in a matter of weeks by investing just 10 dollars, and that is simply not going to happen, the days in which you could make such a small investment and obtain such high profits are gone, so the only way to obtain significant profits is to save enough money, invest in bitcoin and then hold those coins for long enough, if even one of those steps fails the chances you will get a lot of profits drops significantly.
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mich
Legendary
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Activity: 3332
Merit: 1034
#1 VIP Crypto Casino
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July 22, 2022, 07:30:02 AM |
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For many people experiencing their first bear market, I would recommend talking to people who have been through these crashes before. Many of us who are long-term holders of crypto currency and other investments have seen many crashes happen throughout our lifetimes.
When you have witnessed crashes before and not caved into the panic selling, you build muscles around learning to hold long. Personally, I have witnessed many new traders panic sell during crashes and seen them regret it later.
When you’ve seen this happen a few times you just gain confidence in your decisions and build the ability to stick through tough times because believe me the economy always does pick up again eventually, it just takes time.
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palle11
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July 22, 2022, 03:42:54 PM |
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And with this type of current market, its always a challenge to stay patient as its the only way you'll survive and will still be profitable when the market turns bullish.
The only way to get into profit is not only during bull market in the business of cryptocurrency that is for traders. Traders don't really worry about bull or bear market because both ways are profit taking for it but the bear is a big dislike for hodlers because they only make their coins increase in value during this time of bull. This is clearly the difference in the ways profit can be reached.
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TelolettOm
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July 22, 2022, 11:16:53 PM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
I am very sure that people who are in this recent market situation for the fist time will be worried enough, panic, and also afraid of how the market will be in the next. they may think that this si exactly the end of crypto, moreover if added with various FUD that is spreading. It will be enough to make them afraid extremely. But, that is why before going to the crypto market, we always say one thing you must be ready not only for the profits but also for the loss as the risk of crypto. If you are willing to read and learn, you may get important knowledge and experience about how the cycle of crypto itself. In this case, I am sure that wiser people will do wiser decisions even for this current market, and even if they are new.
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LUCKMCFLY
Legendary
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Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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July 24, 2022, 06:00:12 AM |
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Hold your horses! They say you should not be making any moves when the market is reacting aggressively. All you have to do is keep it cool and only step in for the coins which are comparatively stable to rest of the market. Off course, Bitcoin is another story and you can buy it any time. I'm mostly focused on Bitcoin and few other alts which I always prefer in my portfolio.
Well, the cool idea is to stick with Bitcoin when the market is crashing, taking altcoins is a risky decision. However, playing games with the market and taking the opportunity while prices are cheap gives us a chance to earn more when it rallies back. Yet, it can't be instant and this has become a problem for some newbies, they are not prepared for it as in their mind crypto investments are easy money. Many of those who are starting believe that Crypto represents making easy money and they mess with that idea, what they do not expect is that they can crash when weighing like this, because in reality it is not like that, this is not easy money, what is there Sometimes volatility, or high volatility can give us some benefits, sometimes it can become our worst enemy, going very against our commercial decisions and this is what should be avoided at all costs, above all, get rid of that. that crypto is easy and anyone can get rich quick.
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Shasha80
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July 24, 2022, 10:28:40 AM |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
I am very sure that people who are in this recent market situation for the fist time will be worried enough, panic, and also afraid of how the market will be in the next. they may think that this si exactly the end of crypto, moreover if added with various FUD that is spreading. It will be enough to make them afraid extremely. But, that is why before going to the crypto market, we always say one thing you must be ready not only for the profits but also for the loss as the risk of crypto. If you are willing to read and learn, you may get important knowledge and experience about how the cycle of crypto itself. In this case, I am sure that wiser people will do wiser decisions even for this current market, and even if they are new. The sad fact is that most newbies only think about how much profit they will make from crypto. That's what ends up many newbies who make the wrong decision, they think crypto can make people rich instantly. Therefore, many newbies who first see a bear market like now will panic and immediately sell all the coins they have at a low price. As you explained, with less knowledge, newbies consider the bear market to be the end of crypto. Because newbies are not prepared for a bear market, they will never predict that crypto will crash suddenly. Whereas for people who understand how the crypto world works, the bear market is a great opportunity to collect potential coins. I think the important thing for newbies is not to rush into crypto without any preparation. They have to learn about crypto properly first, and then they have to be able to think critically and don't panic if something bad happens. If they do experience a loss during a bear market, take that loss as a lesson, so they won't repeat the same mistake in the future. Then we have to remember that success in the crypto world requires a long process, so never give up on the failures that we experience.
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July 24, 2022, 12:02:26 PM |
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No one thought it strange to put two seemingly contrasting requirements side by side?
"been in crypto for a long time" and "seeing this [bear] market for the first time"
cannot possibly exist in the same person.
If you're seeing this for the first time, then you're relatively new to crypto. If you've been in crypto for a long time, you've seen far worse. Been here, done that, been more than here, done more than that. You'll get there if you stay long enough.
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