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Zanab247
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April 27, 2024, 02:23:01 PM
 #121

If your target is to make a big profit from your crypto trading, I guess that 10 years of hodling is too small for you to achieve your goal because you can be expecting big profit from your hodling when you hodl more than 3 years, and you will surely achieve big profits from the market.

I thought someone can trade his coins in the bear market to make a big profit, when I newly started trading because I used to see crypto trading like what I can do to become a professional with the knowledge of other business skills I acquired, but I missed a lot of profits that made me to discovered that when you trade your coins in the bull run help you to make a big profit

Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .

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April 27, 2024, 03:18:02 PM
 #122

I thought someone can trade his coins in the bear market to make a big profit, when I newly started trading because I used to see crypto trading like what I can do to become a professional with the knowledge of other business skills I acquired, but I missed a lot of profits that made me to discovered that when you trade your coins in the bull run help you to make a big profit

Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .

You and everyone who ever did trading because we heard it from someone (yes even me included) fell for this trick.

Bull run, everyone profits. It's no brainer. But they forget that if they hodl anyway, you profit, probably less, but it's always yours. Trading makes you green and happy until the bull hides and the bear takes over. Then you suddenly see everything evaporate.

90% of us are not built to understand how to trade bulls and bears. It's a fact, we just have to accept it.

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April 28, 2024, 08:17:06 PM
 #123

I thought someone can trade his coins in the bear market to make a big profit, when I newly started trading because I used to see crypto trading like what I can do to become a professional with the knowledge of other business skills I acquired, but I missed a lot of profits that made me to discovered that when you trade your coins in the bull run help you to make a big profit

Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .
You and everyone who ever did trading because we heard it from someone (yes even me included) fell for this trick.

Bull run, everyone profits. It's no brainer. But they forget that if they hodl anyway, you profit, probably less, but it's always yours. Trading makes you green and happy until the bull hides and the bear takes over. Then you suddenly see everything evaporate.

90% of us are not built to understand how to trade bulls and bears. It's a fact, we just have to accept it.
I think it is only possible if you buy early when price is still very cheap. We all have different reasons for selling and some can't hold for a very long time. With that being said, you shouldn't say that everyone profits in the bull run. Apart from selling early, there are also people who over HODL. It may be bad at first because they can miss the latest bull run but the good news is that they still have their coins and they still can participate on the next bull run which allows them to earn even better. A lot of us are naturally lazy but when it comes to cryptos, I think 90% is too much. Just because we are not built into it, doesn't mean we won't try anymore? No that was wrong.

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April 29, 2024, 12:44:07 PM
 #124

90% of us are not built to understand how to trade bulls and bears. It's a fact, we just have to accept it.
I think it is only possible if you buy early when price is still very cheap.

This is the mistake people in bitcoin made since 2012. They thought it was only possible to buy early when price is "cheap".

$10 was cheap at the time. When I got in, $1000 was cheap. Then after the 2017 bullrun, $4000 was cheap. Then in this recent one, $20000 was cheap.

Trust me in next cycle people will see $60000 as cheap.

And THAT is why I say DCA is the best, no trader knows for sure when the cheap price comes, they can guess, they can get it right sometimes. And usually only need to get it wrong a few times to bust.

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May 05, 2024, 03:12:00 PM
 #125

This is the mistake people in bitcoin made since 2012. They thought it was only possible to buy early when price is "cheap".

$10 was cheap at the time. When I got in, $1000 was cheap. Then after the 2017 bullrun, $4000 was cheap. Then in this recent one, $20000 was cheap.

Trust me in next cycle people will see $60000 as cheap.

And THAT is why I say DCA is the best, no trader knows for sure when the cheap price comes, they can guess, they can get it right sometimes. And usually only need to get it wrong a few times to bust.
Those do have a big difference between them you are aware of that right? Cheesy I mean 10 to 1000 is 100x higher, whereas 1000 to 4000 was 4x and 4000 to 20k was 5x higher, so as you can see it is not the same as "good old days", hence why there are so many people who end up investing into alts as well because they think that it doesn't really feel like it is a wrong thing to do because alts could still go a lot higher, the problem is that we are not sure which alt will go higher and that is why we may pick one that would be terrible and crash if we are wrong.

We should probably consider the fact that picking bitcoin and just investing long term is a lot better. I think it should be something to care about because if we pick bitcoin that will definitely be a lot better.

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May 06, 2024, 07:31:33 AM
 #126

If your target is to make a big profit from your crypto trading, I guess that 10 years of hodling is too small for you to achieve your goal because you can be expecting big profit from your hodling when you hodl more than 3 years, and you will surely achieve big profits from the market.

For me its more about risk management.  Just set a stoploss or a clear invalidation that your conviction in your investment is wrong. And the only conviction that I have on Bitcoin me being wrong is when it goes to zero. So I will hold it until it reach my personal conviction of 300k otherwise I am wrong. And as long as it's not reaching yet my target, I will continue averaging in so that my investment would compound overtime. I'm talking about investing in here and not trading. So the timeline in here is long that also ease my fear that I have a lot of time before I reap my investment. No pressure for me.

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May 06, 2024, 09:43:02 AM
 #127

Those do have a big difference between them you are aware of that right? Cheesy I mean 10 to 1000 is 100x higher, whereas 1000 to 4000 was 4x and 4000 to 20k was 5x higher, so as you can see it is not the same as "good old days", hence why there are so many people who end up investing into alts as well because they think that it doesn't really feel like it is a wrong thing to do because alts could still go a lot higher, the problem is that we are not sure which alt will go higher and that is why we may pick one that would be terrible and crash if we are wrong.

We should probably consider the fact that picking bitcoin and just investing long term is a lot better. I think it should be something to care about because if we pick bitcoin that will definitely be a lot better.

Yes I know how to count Smiley

It is not the same profit, but it is the same regret. People keep 'regretting' every cycle. So I'm just saying, don't keep ending in that cycle, it gets more regretful every ATH.

Keep the DCA started early and you will not look back again.

Altcoins prove over and over that you're gambling and never reach ATH again. Look at ETH, DOGE, LTC etc all fail to reach old ATH when BTC was running. Like every time! And people fall for it again? And again?

DCA Bitcoin. I repeat this 100x so newbies can thank me in future.

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May 06, 2024, 11:08:46 AM
 #128

Yes I know how to count Smiley

It is not the same profit, but it is the same regret. People keep 'regretting' every cycle. So I'm just saying, don't keep ending in that cycle, it gets more regretful every ATH.
It is very hard to believe in history and words told by other people. So people who participate in this market must experience it, with time and some cycles like at least two cycles to miss opportunities, feel regret by hesitating too much and missing chance to get profit. After one cycle, they can learn something and avoid same mistake in a next cycle. But there are people who hardly to change after one cycle and they need like three or more cycles to change.

Quote
Keep the DCA started early and you will not look back again.

DCA Bitcoin. I repeat this 100x so newbies can thank me in future.
DCA is very good method for investment money in Bitcoin but 100x from 2024 price, Bitcoin will have price about $6,500,000 tu $7,000,000. It's very high price and I believe in $1M price first and I even don't know when Bitcoin will be trade around $1M.

$6M to $7M for 1 BTC is too much and in your post, you can not know when it will happen. If it is like 2100s year, it is too far for most of us to wait and get profit.

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May 06, 2024, 04:31:16 PM
 #129

I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.

My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.

I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?

Thanks

Haha, no bro even 10 months back was a good entry time and you've entered in good zone of the market and are still desperate why? haha just think about those who entered in the last Bull rally and took the entire bear zone pressure all these years still they are inn big loss but waiting patiently you should learn to control your emotions in the market because its one of the most important things.

Market always test the weak hands and mostly weak hands lose, it was a good accumulation time in last week.

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May 06, 2024, 06:57:39 PM
 #130

I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.

My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.

I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?

Thanks
Well we have different experience in crypto, i am in crypto since 2016 i am doing signature campaign together with investing on some new projects i have a lot a good and bad experience,and i am thankful that after all these years i am still here doing the same thing with patience,all i can say is that if i am a good holder from the past maybe ive already earn millions,i have a big regrets when i saw my transaction history of selling coin specially Bitcoin if only i hold it till this present time maybe i am now millionaire but past is already past we need to move on for good so for me holding is a good strategy based on what i experience before,holder is alway win.


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