strunberg
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October 23, 2022, 11:35:47 PM |
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Cash hasn’t been king for the longest time but it looks like it might finally change.
Right now you can get over 5% interest just by holding money in your bank account. Why risk it trading when you can get guaranteed money this way.
did we also calculate all cost that will cut our money, i see alot hidden cost which is bank wasnt transparantly tell us. With interest around 5% ,maybe we only receive less of that.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | │ | .Crypto Exchange. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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bastian466
Sr. Member
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PredX - AI-Powered Prediction Market
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October 24, 2022, 02:54:38 AM |
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Holding cash during a bear market is a must in order to be able to shop freely at big discounts, I try to set aside a monthly salary for investment. Buy stablecoins first slowly before switching to the desired altcoin, the goal is to raise capital first and wait for the right time to start holding. This method is very useful for adding assets to anticipate unexpected needs in the future
And without a doubt that is a very successful strategy, but that is a strategy that is only popular with investors that have been part of this market for a very long time, the newbies which want to become part of this market see a strategy like that as one that will take a very long time to produce positive results and also as a boring strategy, I know that something like that does not really make a lot of sense because at the end what matters is whether you obtain profits or not, but newbies waste their time thinking about a lot of things which have nothing to do with the money they earn or they lose. As a newbies, should learn from the experience of people who know more like you because for me teachers are important and practice patience on average they just want to get instant benefits because they can't control their patient nature, don't want to wait and are lazy to do research. Now I see that they prefer to play online gambling instead of investing
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Jody.Drummer
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October 24, 2022, 01:10:37 PM |
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It takes a great deal of wisdom and patience to be effective in this space. You need wisdom to make the right decision and patience to wait until it materializes. The importance of taking profits when the market is bullish cannot be overemphasized. We are quick to forget that the bull market is only for a while and would be followed by a longer duration of bear market where buying would be more beneficial.
Only few people know this that's why we see a lot of people complaining during the bear market because they have it all wrong. Buying during the bull run and selling during the bear market, there's no profit in that it's just a waste of spare money and there's no more left during the correction that should be the money to buyback if they ever done taking profit during the bull run but it happens the other way around. Sooner they will realize how important it is to have an extra money when everything is in a recession. This is because they wrongly predict and analyze prices so they have to suffer losses because when buying at the same time the market falls. And now many are complaining about being forced to sell some assets even at a lower price than the price they previously bought because of an urgent need. I'm sure most of them sell at a loss because they are forced to do so because of a need they can't put off. Especially now in a state of recession will occur before our eyes.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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dlightag
Member
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Merit: 12
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October 24, 2022, 06:37:59 PM |
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The current market situation is a good opportunity to invest in cryptocurrency market industries which many coin's are in bottom line, as very good position to buy, which many investors seen it as bear market to invest on many difference coin's, while some are still waiting for the market to Dip small as Bitcoin price is dropping slowly. Main why some don't have many to buy, while many people that already know the system invest in every stage as the Market Keep going down.
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Odusko
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October 24, 2022, 07:49:44 PM |
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One fact I have discovered with many forks is that they are always cut in the middle of each wave. Some even with a bull run tend to waste a lot of time before selling and holding more cash but because of greed and some other factors, they waste a lot of time, and before you know it bears market will set in again. So the best time to take the right actions is when you already made an average profit in your holding and also the best time to buy is when the price is low and near the bottom, so in doing that one needs to have good knowledge of the price chart to understand Bitcoin previous market behavior.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Silberman
Legendary
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October 26, 2022, 12:38:22 AM |
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It takes a great deal of wisdom and patience to be effective in this space. You need wisdom to make the right decision and patience to wait until it materializes. The importance of taking profits when the market is bullish cannot be overemphasized. We are quick to forget that the bull market is only for a while and would be followed by a longer duration of bear market where buying would be more beneficial.
Only few people know this that's why we see a lot of people complaining during the bear market because they have it all wrong. Buying during the bull run and selling during the bear market, there's no profit in that it's just a waste of spare money and there's no more left during the correction that should be the money to buyback if they ever done taking profit during the bull run but it happens the other way around. Sooner they will realize how important it is to have an extra money when everything is in a recession. True but this requires to have a long term approach not only to investing but in your life in general, as you will need to have money saved precisely to take advantage of the low prices we are seeing today, and very few people can do this, not only because saving any money during the current circumstances is hard but also because they lack the ability to think on those terms, so as soon as they have saved some money they spend it in stuff they want but which they do not really need.
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Rengga Jati
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October 26, 2022, 10:45:28 PM |
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True but this requires to have a long term approach not only to investing but in your life in general, as you will need to have money saved precisely to take advantage of the low prices we are seeing today, and very few people can do this, not only because saving any money during the current circumstances is hard but also because they lack the ability to think on those terms, so as soon as they have saved some money they spend it in stuff they want but which they do not really need.
Certainly, Saving cash is necessary and this will be useful for various kinds of. Because that's the importance of money management in life. We can divide our money into several things, including money for needs, businesses, investments, and also money for temporary savings (just in case something happens or needs suddenly). Regarding money for investment, when we also want to provide or save cash in case the market goes down and buy more assets, this must also be considered. That is, stick with free money that is specifically for investment. because investing in crypto still contains risks. If indeed we do not prepare money for market conditions this time, we just have to find it and prepare it now for free money. So that we don't miss the train to invest in Bitcoin or other valuable assets.
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Ziskinberg
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2022, 11:29:15 PM |
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One fact I have discovered with many forks is that they are always cut in the middle of each wave. Some even with a bull run tend to waste a lot of time before selling and holding more cash but because of greed and some other factors, they waste a lot of time, and before you know it bears market will set in again. So the best time to take the right actions is when you already made an average profit in your holding and also the best time to buy is when the price is low and near the bottom, so in doing that one needs to have good knowledge of the price chart to understand Bitcoin previous market behavior.
Most of the time realization comes when it was too late. But we still have the chance to correct it and consider this as a lesson to learn. What we need is to change our mindset and drive out this greediness in mind because this is the reason why we fail. We need to have financial education, we need to take a look at how we can prepare for the future and make a plan for it. Of course, this is not an easy adjustment to do but if we are determined to do this, it becomes possible.
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blockman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2022, 02:09:08 AM |
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The current market situation is a good opportunity to invest in cryptocurrency market industries which many coin's are in bottom line, as very good position to buy, which many investors seen it as bear market to invest on many difference coin's, while some are still waiting for the market to Dip small as Bitcoin price is dropping slowly. Main why some don't have many to buy, while many people that already know the system invest in every stage as the Market Keep going down.
It is why everyone has to realize that during the bull run, it's best to save some from those profits that we made and put it on cash or stable coin. So, when the times of bear market as expected every after the bull run. We can have some time for shopping for those very cheap altcoins that we want to have. Like those type of investors that would buy those coins that are good to stake, they're having that strategy to buy many of it during its cheap price.
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dansus021
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October 27, 2022, 02:22:20 AM |
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This my strategy is pretty much same with other have saying
That cash out when bull market, take profit is very needed especially if you are seen a massive gain, and hold a few.
Start to enjoy some profit and then stake the it to stable coin pool
After some while when the bear market come start to DCA some asset that you think is good and stake the coin till the bull run happen again
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Adbitco
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October 27, 2022, 05:52:12 AM |
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It's hard to say because no one knows when a bear is to start some you may see the bear coming beforehand it gets back at then you might threatened to sell without making proper research otherwise one can get cashed out when the bull is still running. If you tends of jumping in again you stand another chances of losing and ending up feeding the market to the whales. Most times I do run out of cash but doesn't mean there was no good plan or something, it means I wouldn't like to temper the savings which I have rather to others things which I found more important of.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Cryptomiles1
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October 27, 2022, 05:55:31 AM |
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This is common experience which anyone out there might likely face because in crypto is basically planning and targeting, if you don't plan well you might end up not having a dimn when the time comes and you might have a cool time to buy some trusted cryptos with potential but at then no funds to buy either.
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Yaunfitda
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October 27, 2022, 06:11:30 AM |
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This is common experience which anyone out there might likely face because in crypto is basically planning and targeting, if you don't plan well you might end up not having a dimn when the time comes and you might have a cool time to buy some trusted cryptos with potential but at then no funds to buy either.
Well there is old strategy which is DCA if you wanted to buy and invest in crypto, but obviously, you will have cash in ready like every week to buy and that's why it is always valuable to have cash ready in our hands. So in bear market, you simply but with your cash and hold. But if there is some event that you needed more, then definitely you can sell some. But the best time to sell is really on the bull run when the market is green and the price is going up, revenue is gong to be good.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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ethereumhunter
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October 27, 2022, 10:05:41 AM |
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This is common experience which anyone out there might likely face because in crypto is basically planning and targeting, if you don't plan well you might end up not having a dimn when the time comes and you might have a cool time to buy some trusted cryptos with potential but at then no funds to buy either.
You still have time to buy crypto because the bear market is still here and we can buy a lot of potential coins that we can invest in. If you are afraid to buy all at once, you can buy them in stages so you can buy at a lot of low prices and avoid buying at high prices. Once you can get a lot of potential coins, you have to wait for them to go up and it will depend on the coins. And now you have to hold the money and wait for the moment to buy it.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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bitgolden
Legendary
Offline
Activity: 2912
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
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October 27, 2022, 10:05:09 PM |
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This is common experience which anyone out there might likely face because in crypto is basically planning and targeting, if you don't plan well you might end up not having a dimn when the time comes and you might have a cool time to buy some trusted cryptos with potential but at then no funds to buy either.
You still have time to buy crypto because the bear market is still here and we can buy a lot of potential coins that we can invest in. If you are afraid to buy all at once, you can buy them in stages so you can buy at a lot of low prices and avoid buying at high prices. Once you can get a lot of potential coins, you have to wait for them to go up and it will depend on the coins. And now you have to hold the money and wait for the moment to buy it. It has been nearly a year since the last bull run, which means that people had a long time to buy as many projects as they want and that’s understandable, I mean if we are talking about a situation where people would be able to get as much as they want from 100 different projects if they wanted to, because it's a whole year, it was definitely enough time. I personally believe that it’s not smart to get that many, because most of them are shit projects, it’s better to have 5-10 good ones instead of spreading it to 100, but people had time to do both so there is really no problem. I believe that the best thing to do right now would be just DCA and wait until bitcoin goes back up.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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vanesha
Full Member
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Offline
Activity: 649
Merit: 100
Binance #SWGT and CERTIK Audited
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October 27, 2022, 10:34:17 PM |
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bull run is a place to sell bearish is a place to buy or they call it buying when getting rumors sell when there is good news. in fact the cash we hold that is the most valuable until now crypto is full of risks to overcome it we must really make the right decisions.
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woez
Member
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Offline
Activity: 492
Merit: 48
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October 28, 2022, 05:10:01 AM |
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I think the day has come for most of the people to realize that holding alts is not a good strategy. If you want to get rich in crypto, then hold cash and BTC, you will survive any market. Never go all in on a coin when it's pumping, bet small, and few more times. Do not forget to profit during a pump.
This is probably the most important thing in crypto and finance. You do not want to be caught in the middle of a crash or a trend buy try to sell at the very top.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 28, 2022, 06:58:49 AM |
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This is common experience which anyone out there might likely face because in crypto is basically planning and targeting, if you don't plan well you might end up not having a dimn when the time comes and you might have a cool time to buy some trusted cryptos with potential but at then no funds to buy either.
You still have time to buy crypto because the bear market is still here and we can buy a lot of potential coins that we can invest in. If you are afraid to buy all at once, you can buy them in stages so you can buy at a lot of low prices and avoid buying at high prices. Once you can get a lot of potential coins, you have to wait for them to go up and it will depend on the coins. And now you have to hold the money and wait for the moment to buy it. It has been nearly a year since the last bull run, which means that people had a long time to buy as many projects as they want and that’s understandable, I mean if we are talking about a situation where people would be able to get as much as they want from 100 different projects if they wanted to, because it's a whole year, it was definitely enough time. I personally believe that it’s not smart to get that many, because most of them are shit projects, it’s better to have 5-10 good ones instead of spreading it to 100, but people had time to do both so there is really no problem. I believe that the best thing to do right now would be just DCA and wait until bitcoin goes back up. They can buy as much as possible but that doesn't guarantee they can benefit from all the projects they invest in. We must really be able to choose the right project so that the investment we make is not in vain and we cannot get the profit we want. This needs a deeper analysis to be able to get or choose the right project because each project may give us the temptation to invest in them. Yes, investing in 5-10 good projects is better than choosing 100 projects at once without doing any analysis because we also don't know which projects will explode and provide huge profits in the future. But for now, we still have enough time to choose the right projects because market conditions are still in a bear market so we might be able to focus on projects that are already in a good position in the market. And if it is bitcoin, the strategy we use and the best is probably DCA.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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TheUltraElite
Legendary
Offline
Activity: 2982
Merit: 1312
So anyway, I applied as a merit source :)
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October 28, 2022, 07:47:19 AM |
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I think the day has come for most of the people to realize that holding alts is not a good strategy. Risk is something that humans love to take but hate it when it hits them. Altcoins are the cornerstone of how risks are involved in cryptocurrency more than bitcoin. Some people will always go for them because that impulsive decision taking and quick money making mindset is present in them. This is probably the most important thing in crypto and finance. You do not want to be caught in the middle of a crash or a trend buy try to sell at the very top. Crypto ends up being a short term stint for many people. They buy at the top when everyone is talking about it and then sell at the bottom when the same people are making FUD about it. This happens because of lack of research and dummy trading. Hence these people lose out on cash at hand or bitcoin at hand at the proper times. After all, how hard is it to buy at the low and sell at the high? Turns out, it is a game of patience and people lack it in general.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Silberman
Legendary
Offline
Activity: 2618
Merit: 1360
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October 29, 2022, 01:35:12 AM |
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I think the day has come for most of the people to realize that holding alts is not a good strategy. If you want to get rich in crypto, then hold cash and BTC, you will survive any market. Never go all in on a coin when it's pumping, bet small, and few more times. Do not forget to profit during a pump.
This is probably the most important thing in crypto and finance. You do not want to be caught in the middle of a crash or a trend buy try to sell at the very top.
That should be the obvious conclusion but many people are not going to accept this as easily, and the reason is that they have lost so much money holding altcoins that if they were to accept your conclusion then this means they have been making mistake after mistake and wasting their money in the process as well, such a reality is too difficult for most people to accept and as such they will try to prove us wrong, but as you may guess they expose themselves to even bigger losses if they do that.
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