tygeade
Legendary
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Activity: 2296
Merit: 1061
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September 27, 2023, 08:18:22 AM |
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When the price is not good enough then you don't have to sell as no one forces you. But this is a market that we need to take advantage whenever we're in profit.
Don't make any decisions when there's no need to. I can't quite remember who said this but I've heard this before and this has a great impact in life. The same rule should be followed while investing. Setting a target and staying true to it is the key to becoming successful at any investment (Not guaranteed tho. Every investment carries risk). Set a target and work hard till the target is reached. Not only in crypto investment but in all investments. When there are no significant profits to make, wait, and do nothing. When you don't have to make a decision, then why bother? That will only lead to emotional influence. And it investment, we don't want that. This is a great way to avoid getting emotional. We should all learn to do nothing when it is not needed to do anything. Definitely something that should be echoed enough to make everyone know about it. In the end we are talking about a situation that is legit a fun one and definitely something that can be considered true. People should be able to set their own goal, and work towards that and not get greedy and just keep at it as long as they possibly could. That would make them lose as much money as they normally would and it would be a smart decision if they end up holding it out until their strategy works. I know that it's going to be a tough one but if we end up dealing with it carefully then we are going to end up with something that could result with a profit that could help everyone at the same time.
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gunhell16
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September 27, 2023, 01:04:27 PM |
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When you do the trading and you want to make a profit in a short period of time, you should also know the risk that you can face there. But if bitcoin halving is a good thing to do, just wait, especially if you are long-term holders of bitcoin. But still, it's still in your hands what you want to do when it comes to these situations.
Because, while we wait for the approaching Bitcoin halving, we can still do DCA in reality, and we can somehow increase our balance holdings in Bitcoin every time we have a purchase of Bitcoin in the market. Let's do this as much as possible, and there are many people who do it, especially in times when the bull run is near. In fact, before everyone is caught, let's not waste any more time. Time is gold in these scenarios.
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tjtonmoy
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September 27, 2023, 03:14:38 PM |
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People should be able to set their own goal, and work towards that and not get greedy and just keep at it as long as they possibly could. That would make them lose as much money as they normally would and it would be a smart decision if they end up holding it out until their strategy works.
Easier said than done. Many follow the best strategy but end up losing. And why is that? Because they can't follow the strategy till the end. This all happens because they are unable to control their emotions. People tend to look past emotion control while learning to trade. But to me, it comes first. Telling from experience, I have followed many strategies, and I have made some good profits too. But I have lost more than what I've made. Everything was right, the calculations were right, and the price was moving in the predicted way. But the sudden price drop/up was putting me in red. I closed many trades that way. In the end, the problem I found was that I was not able to control my emotions. Because after many trades I have closed, the final results were the same as it was predicted most of the time. So then I have fixed my mistakes and learned from them, and now you can say that I am doing a good job in trading. Not the best but not as before only making losses. So yeah, emotion control comes first. I made decisions where there was no need to. And that I have learned in a hard way, LOL.
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so98nn
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September 27, 2023, 05:09:00 PM |
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I think I am more towards Bitcoin Halving. We should make this perfect circle of investment. During the four years of period we should be investing into bitcoin. Going further we should make compounding investment with the help of DCA method and grow bitcoin along the way. With the halving we know very well that it can bring us good amount of fortune by making upward movements. Now I don’t want to discuss whether it’s mere chance or not because it always happens and it had always shown the same graph over technical analysis. If I were to choose any other method then it’s simply saving my bitcoin in cold storage. There they could be very safe, untouched for years of holding. Then it could be 2-3 halving I can wait until I sell them.
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AmoreJaz
Legendary
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Activity: 3290
Merit: 1104
Leading Crypto Sports Betting & Casino Platform
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September 28, 2023, 09:26:49 PM |
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I think I am more towards Bitcoin Halving. We should make this perfect circle of investment. During the four years of period we should be investing into bitcoin. Going further we should make compounding investment with the help of DCA method and grow bitcoin along the way. With the halving we know very well that it can bring us good amount of fortune by making upward movements. Now I don’t want to discuss whether it’s mere chance or not because it always happens and it had always shown the same graph over technical analysis. If I were to choose any other method then it’s simply saving my bitcoin in cold storage. There they could be very safe, untouched for years of holding. Then it could be 2-3 halving I can wait until I sell them. if you think you have the financial capability for long-term holding while waiting for the impact of halving, why not? that is, if you truly believe as well that there will be positive movement in the near future. not many can wait for months and months, hence, some are just speculating and not buying. lucky if you have that capability as many are only here for short-term gains. and if you have such chance, secure your coins the best possible you think of, outside from any potential threats from scammers or hackers.
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chaser15
Legendary
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Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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September 28, 2023, 10:30:33 PM |
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What criteria do you use when buying and selling? Let's share some tips and expertise.
For me, the three most significant factors are as follows: 1. Bitcoin halving. 2. A decrease in currency value due to economic downturns. 3. Sustained participation and growth of investors.
It depends if the purpose is to hodl for a long or make trading bitcoin on a regular basis. Of course, if the goal is to just hold for a long, continuous accumulation is the priority therefore, regardless of the Bitcoin price, as long as afford to buy, just execute that buy button and then let those BTCs idle for a long. If trading bitcoin on a regular basis, factors should be the preferred time interval to execute the buy and sell. Mostly, I prefer 12-hour monitoring depending on the trend. Overall, it's hard for me to set significant factors when to buy and sell. Sometimes it's even my emotion that affects my decision.
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kingvirtus09
Full Member
Offline
Activity: 938
Merit: 108
OrangeFren.com
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September 29, 2023, 12:43:01 PM |
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People should be able to set their own goal, and work towards that and not get greedy and just keep at it as long as they possibly could. That would make them lose as much money as they normally would and it would be a smart decision if they end up holding it out until their strategy works.
Easier said than done. Many follow the best strategy but end up losing. And why is that? Because they can't follow the strategy till the end. This all happens because they are unable to control their emotions. People tend to look past emotion control while learning to trade. But to me, it comes first. Telling from experience, I have followed many strategies, and I have made some good profits too. But I have lost more than what I've made. Everything was right, the calculations were right, and the price was moving in the predicted way. But the sudden price drop/up was putting me in red. I closed many trades that way. In the end, the problem I found was that I was not able to control my emotions. Because after many trades I have closed, the final results were the same as it was predicted most of the time. So then I have fixed my mistakes and learned from them, and now you can say that I am doing a good job in trading. Not the best but not as before only making losses. So yeah, emotion control comes first. I made decisions where there was no need to. And that I have learned in a hard way, LOL. Of course, if that's the case, we should learn to control our emotions as much as possible while doing trading activities. Now, if you are a long-term holder, one of the things you can add to that is to save as much as you can while the halving doesn't come. As far as I know, as the halving is approaching, there is a gradual increase in the value of Bitcoin in the market, and there is only positive news. Besides that, even if there is a short dump, it will be temporary and the stock will be back again. price value in the market. This is the thing I observed during the bull season.
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tjtonmoy
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September 29, 2023, 03:28:14 PM |
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As far as I know, as the halving is approaching, there is a gradual increase in the value of Bitcoin in the market, and there is only positive news. Besides that, even if there is a short dump, it will be temporary and the stock will be back again. price value in the market. This is the thing I observed during the bull season.
It's the same shit over and over again. Before every halving, there are drama and all these shits. But those are temporary scenarios created by those news or other events. And yeah, they are temporary for sure. Or in some cases, you can say that it's hype that creates a trend that will die down eventually. It all comes back in a circle and we all see the same bull run after halving. So yeah you have made a great observation. But we need to talk about the time after the bull run. One piece of news can potentially break the market while it will take correction. Because there are still people who will only invest when they will see green in the market. And most likely buy close to the top. And when the market takes correction after the bull run, they will get panicked and sell for sure. So we need to grab the best opportunity to sell during the bull run and then wait for that dump. Share your thoughts. I would like to hear that too.
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justdimin
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September 30, 2023, 11:29:59 AM |
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When you do the trading and you want to make a profit in a short period of time, you should also know the risk that you can face there. But if bitcoin halving is a good thing to do, just wait, especially if you are long-term holders of bitcoin. But still, it's still in your hands what you want to do when it comes to these situations.
Because, while we wait for the approaching Bitcoin halving, we can still do DCA in reality, and we can somehow increase our balance holdings in Bitcoin every time we have a purchase of Bitcoin in the market. Let's do this as much as possible, and there are many people who do it, especially in times when the bull run is near. In fact, before everyone is caught, let's not waste any more time. Time is gold in these scenarios.
Short period of time trading is not that possible and it is definitely a dangerous thing to try, there are a lot of people who are making a mistake when they try that and the result is not that easy neither. I believe that we are going to end up with something that would cause us to have a lot of money and if we make even one simple mistake then it's all gone and we are at a loss. Short term trading brings in a lot more risk, and a lot more trouble, so we are not going to end up with a good result all that quickly. I hope that people realize that they need to be a good trader before they can do this, they need to study and be a lot better before they do this in order to make a profit from short term trading.
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DoverDoane
Jr. Member
Offline
Activity: 156
Merit: 7
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October 01, 2023, 01:11:14 PM Last edit: October 01, 2023, 04:37:09 PM by DoverDoane |
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I think I am more towards Bitcoin Halving. We should make this perfect circle of investment. During the four years of period we should be investing into bitcoin. Going further we should make compounding investment with the help of DCA method and grow bitcoin along the way. With the halving we know very well that it can bring us good amount of fortune by making upward movements. Now I don’t want to discuss whether it’s mere chance or not because it always happens and it had always shown the same graph over technical analysis. If I were to choose any other method then it’s simply saving my bitcoin in cold storage. There they could be very safe, untouched for years of holding. Then it could be 2-3 halving I can wait until I sell them. if you think you have the financial capability for long-term holding while waiting for the impact of halving, why not? that is, if you truly believe as well that there will be positive movement in the near future. not many can wait for months and months, hence, some are just speculating and not buying. lucky if you have that capability as many are only here for short-term gains. and if you have such chance, secure your coins the best possible you think of, outside from any potential threats from scammers or hackers. Talking about short term or long term, because not everyone can wait in the long term or short term. just like my friend who once made a long-term investment and waited for months or even years to produce high profits but in the middle of the journey he himself gave up and withdrew his investment of course with losses that he had seen for himself. platform, because it is not in accordance with what he planned from the start, namely with the decisions he took long term. So the importance of choosing the right decision like this will determine our fate in the future, so choose a decision that suits what we can afford, don't make the wrong decision because basically everyone doesn't want to experience a loss, even though in every case there will definitely be a loss that we will feel if you can afford it. Wait in the long term, do it, but if it doesn't suit our abilities, be prepared for the losses that will befall us, so be brave enough to act, dare to be responsible. There's no harm in trying if there is a high chance or chance, but don't forget to be careful in choosing the decisions you will take to do something, so be smart in choosing decisions because it will have an impact on you.
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taufik123
Legendary
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Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
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October 01, 2023, 03:54:26 PM |
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Short period of time trading is not that possible and it is definitely a dangerous thing to try, there are a lot of people who are making a mistake when they try that and the result is not that easy neither. I believe that we are going to end up with something that would cause us to have a lot of money and if we make even one simple mistake then it's all gone and we are at a loss.
It looks just like gambling assuming that the trades are made without good trading knowledge and rely on feelings only. Moreover, fast trading is done on the type of Futures trading which is more at risk of losing all assets when there is a mistake in guessing the price. But if doing Spot type trading it is still quite safe even if the prediction is wrong, it still has coins in its hands as long as it is not shitcoin. Short term trading brings in a lot more risk, and a lot more trouble, so we are not going to end up with a good result all that quickly. I hope that people realize that they need to be a good trader before they can do this, they need to study and be a lot better before they do this in order to make a profit from short term trading.
Many beginner traders try fast trading or Scalping trading without knowing the risks. The faster the trade, the higher the risk. This also needs to be supported with sufficient capital resilience. If the capital is still minimal and there is no backup then fast trading will not be maximized. For safer trading, it is better to be long-term. Buy bitcoin now and hold it or do DCA to accumulate assets so that it becomes more.
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beerlover
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October 01, 2023, 05:01:06 PM |
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It's the same shit over and over again. Before every halving, there are drama and all these shits. But those are temporary scenarios created by those news or other events. And yeah, they are temporary for sure. Or in some cases, you can say that it's hype that creates a trend that will die down eventually. It all comes back in a circle and we all see the same bull run after halving. So yeah you have made a great observation. But we need to talk about the time after the bull run. One piece of news can potentially break the market while it will take correction. Because there are still people who will only invest when they will see green in the market. And most likely buy close to the top. And when the market takes correction after the bull run, they will get panicked and sell for sure.
So we need to grab the best opportunity to sell during the bull run and then wait for that dump. Share your thoughts. I would like to hear that too.
Yeah fine, I know that it is better to invest right now, but when we go 100% higher, we will need people who will take it 200% after that. To do that we will need people who buy ONLY after it goes up, and that's not that easy and we should be considering that as a trouble. I get that life is not that simple for most people and there are times when things are a bit harder, but as long as we keep it going, we should not be really expecting a different result. Just let them buy when it is higher, that's always good and that will always make sure that we end up with a good result one way or another. Life will give us a lot, but it will probably give some of them some profits too so I am happy for them and thanks to them I will make all that money.
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Altryist
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October 01, 2023, 05:31:03 PM |
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Yeah fine, I know that it is better to invest right now, but when we go 100% higher, we will need people who will take it 200% after that. To do that we will need people who buy ONLY after it goes up, and that's not that easy and we should be considering that as a trouble. I get that life is not that simple for most people and there are times when things are a bit harder, but as long as we keep it going, we should not be really expecting a different result.
Just let them buy when it is higher, that's always good and that will always make sure that we end up with a good result one way or another. Life will give us a lot, but it will probably give some of them some profits too so I am happy for them and thanks to them I will make all that money.
You don’t have to worry about this, once there were those who bought Bitcoin at $100, then there were those who bought at $1000, at the beginning of the year there were those who bought Bitcoin at $15,000, and now, as you understand, there are those who buy at $27k, and there will be those who will buy when the price rises. If nothing changes globally, then Bitcoin will constantly rise in price, because its emission is limited, and even more fiat money will always be printed. So if you think now is a good time to buy, then buy, but at the same time you should know when you should sell, because after a bull market there is always a bear market.
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TakeItEasy
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Undeads.com - P2E Runner Game
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October 01, 2023, 05:38:21 PM |
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It looks just like gambling assuming that the trades are made without good trading knowledge and rely on feelings only. Moreover, fast trading is done on the type of Futures trading which is more at risk of losing all assets when there is a mistake in guessing the price. But if doing Spot type trading it is still quite safe even if the prediction is wrong, it still has coins in its hands as long as it is not shitcoin. Good trading knowledge is compulsory but if you without apprehension dive into trading then it will be time wasting and money misspent like that of gambling. Patience and tolerance is a part of trading and lack of these two characteristics can turn your mind towards gambling. Trading in my opinion is safe only if you fully appreciate the trading policies and comprehend the actual timing in which your decisions will bring a happy end. Remember that if you are angry then quite trading because this angry feeling are like an enemy in trading.
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KingsDen
Legendary
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Goodnight, o_e_l_e_o 🌹
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October 01, 2023, 06:18:25 PM |
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I have heard many tips to use in the cryptocurrency industry in order to make some kind of profits. I have also tried and tried to practicalize some of these tips. But in the real sense, they are not also proficient. Some of them did not work as they appear on paper. But when you do things out of your own experience, you will certainly make mistakes. But from those mistakes you will build up your experience to do better in the future. There was a tip a good friend of mine gave to me and I never knew that that tip has been in existence in the cryptocurrency industry, but many people relegated that tip because it does not respect average risk-taking.
That tip is to be fearful when everyone is greedy to buy but you should be greedy when everyone is fearful to buy. This is a very strong tip, but for people that has big minds to take bigger risks.
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taufik123
Legendary
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Activity: 2716
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Rollbit.com | #1 Solana Casino
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October 02, 2023, 01:38:50 PM |
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Good trading knowledge is compulsory but if you without apprehension dive into trading then it will be time wasting and money misspent like that of gambling. Patience and tolerance is a part of trading and lack of these two characteristics can turn your mind towards gambling.
What do you mean by tolerance in trading? Is it a kind of Risk Tolerance which is the level of risk tolerance a trader has in investing? Risk tolerance should be carefully considered in accordance with the investment funds, investment objectives, instruments, and potential profits. In other words, risk tolerance is the maximum level of risk and the minimum level of risk that a trader can take. What you should think about in determining risk tolerance is how much loss you are ready to bear to get the expected results according to the time period, investment funds, and objectives. Trading in my opinion is safe only if you fully appreciate the trading policies and comprehend the actual timing in which your decisions will bring a happy end. Remember that if you are angry then quite trading because this angry feeling are like an enemy in trading.
The happy ending depends on how to organize the strategy well and walk according to the strategy made. There will be no happy ending if the strategy is not achieved. Emotions or psychology in trading will still appear, we just need to manage them to be stable and not interfere with trading.
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Dunamisx
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October 02, 2023, 03:16:23 PM |
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What criteria do you use when buying and selling? Let's share some tips and expertise.
For me, the three most significant factors are as follows: 1. Bitcoin halving. 2. A decrease in currency value due to economic downturns. 3. Sustained participation and growth of investors.
Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.
For someone like me, i always try to read and study the market season first, then try to define my own investment plan if it's going under a long or short range investment, obviously we all wat to sell out when the market pumps and will also like to make profits from the little Invested, nevertheless, these may not applies to all traders in the same direction, some make their own profits while the market dumps, some engage in different kinds of trading, so what i want at that particular moment will determine how my investment sell or buy order will go.
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Pandu Geddon
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October 02, 2023, 03:58:35 PM |
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What criteria do you use when buying and selling? Let's share some tips and expertise.
For me, the three most significant factors are as follows: 1. Bitcoin halving. 2. A decrease in currency value due to economic downturns. 3. Sustained participation and growth of investors.
Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.
For someone like me, i always try to read and study the market season first, then try to define my own investment plan if it's going under a long or short range investment, obviously we all wat to sell out when the market pumps and will also like to make profits from the little Invested, nevertheless, these may not applies to all traders in the same direction, some make their own profits while the market dumps, some engage in different kinds of trading, so what i want at that particular moment will determine how my investment sell or buy order will go. you make a plan at the beginning of your investment, that's very good. and that's what everyone who wants to invest must do. seeing market conditions and some of the momentum that will occur in the future as OP did is quite good. It's almost the same as what you do when observing market conditions. Everyone has their own approach to creating their investment plan. the methods and methods may be the same but sometimes the results can be different. However, sometimes the investments we make don't go according to our plans. Some people even take the initiative to carry out several plans without changing their targets. the hardest thing is to be consistent with what we believe in the plans we have made.
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tjtonmoy
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October 02, 2023, 05:15:30 PM |
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Just let them buy when it is higher, that's always good and that will always make sure that we end up with a good result one way or another. Life will give us a lot, but it will probably give some of them some profits too so I am happy for them and thanks to them I will make all that money.
One person's loss is another person's profit. The market runs on buy sell right? So if person A buys it and makes the price higher, then if person B sells it, then the price will fall down. That's the same thing that happens with the crypto market. If people keep on buying and make the price higher, there will be people ready to sell. Just like you said, you will get a better value if those people keep on buying. But if you want to profit from it, you will sell for sure. It's not only just you, there are others waiting for that too. So the price will fluctuate and those who buy the green will be in red again. And they can't keep it up for forever. Take the chance while you can make a profit. Don't get affected by greed. It will only lead to losses.
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HONDACD125
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October 03, 2023, 08:07:26 AM |
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One person's loss is another person's profit. The market runs on buy sell right? So if person A buys it and makes the price higher, then if person B sells it, then the price will fall down. That's the same thing that happens with the crypto market. If people keep on buying and make the price higher, there will be people ready to sell. Just like you said, you will get a better value if those people keep on buying. But if you want to profit from it, you will sell for sure. It's not only just you, there are others waiting for that too. So the price will fluctuate and those who buy the green will be in red again. And they can't keep it up for forever. Take the chance while you can make a profit. Don't get affected by greed. It will only lead to losses.
Crypto currency market is also working with profit and loss like other markets. Some people are selling with a good profit, while some people are exiting the market at a loss, but I think only those who buy at the right time can make profit in the crypto currency market, because a well-timed entry can give anyone good profits. Take chances, but with proper strategy. If you are getting profit, then sell 50% of your assets. If the price increases further, then you can sell the remaining assets with good profit. If the price falls back, you can buy back at a lower price. Just as one must find the right opportunity to buy, one must always sell at the right time to sell one's assets at a profit. No one has ever seen a perfect bottom and no one has ever seen a perfect top. So always sell your assets not just at a profit but at a reasonable profit.
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