Quote from: de_prof on April 30, 2024, 01:06:01 AM

Yes, at least we must always learn from bad experiences and try to understand mistakes by learning to analyze better so that the same mistakes don't happen. Because with the experience we gain, we will be more careful.
What you mentioned earlier, if the coins you own are always listed above and listed on a well-known exchange, of course they are potential and safe kij coins to invest in.

Experience is the best teacher for survival, therefore we really have to keep increasing our trading experience by trying something new, currently many new projects and networks have been created, we have to keep trying to gain experience that might give us a lot of profit, Security and risk will always be present in our lives, so we must remain brave enough to take existing risks.

Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.

Everyone is prone to loose trade be it professionals or not, we all have the level of risk we are prone to see happen to us each time we are trading, we should also know that there are things we could have put in place if we have the required knowledge and such would have reduced the degree to how we could have lose in trades, this means everyone is not beyond the capacity of loosing while trading.

Knowledge and experience will make us become professional traders who can minimize losses by increasing the chances of making a profit, by trading on several potential coins. This is what makes professional traders always make a profit, but they will definitely experience losses. because no one can carry out 100% accurate analysis, sometimes they are also wrong

Yes, there are times we may be doing things without having a proper knowledge of doing it, yet without knowing that we are having the wrong perspective in it, later in life, we may choose to go through the proper way of doing that same thing only to realized that we have all the way long been doing the wrong thing using the wring pattern, that is why learning is very important for us to maintain having each time we are about to start trading.

That is what is called learning from experience when we have made mistakes, and trying not to repeat the same mistake. We will always face this problem in our lives, not only in investing. Being an investor and trader, we also often make mistakes and lose.

Quote from: debra on May 03, 2024, 10:11:54 AM

The price of Bitcoin has decreased to $56k yesterday, but it increased again to $59k today. If you keep buying at $63k, you must keep buying at this rate. Sure, the price of Bitcoin looks okay to buy but we don't hurry to buy because the price of Bitcoin may drop more. I think the price may drop below $50k if there is bad news in the next few days/weeks.

We cannot know the right things about the market hence it is not easy to know what will be the next value so if you have money then invest it when you see that the market is dumping like the current situations. Now the price is 59k$ which is a good price for buying more Bitcoin but most of the people will not buy Bitcoin because they assume that current situations are risky for making any decisions.

The market can go down anytime so if you have money then you can take benefit from the lower price but if you don't have money then the lower and higher price will not affect your decision as having money is necessary for investment at the right time.

If you have bought bitcoin when it was $59K, now you have made a profit because the price of bitcoin has risen to $61k, that's how bitcoin is. No one can predict bitcoin accurately. No matter how great the analysis, Bitcoin is still Bitcoin, because whales will manipulate the market.

Quote from: rizqillah on April 30, 2024, 12:47:28 AM

Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.

There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

Quote from: NikeFit_7777 on May 02, 2024, 11:59:45 AM

The market is absolutely always cyclical - everything +/- repeats itself. Alas, few people see it or realize it, and that's important as far as I'm concerned.

P.S. In any of the scenarios, you should stick to risk management. Only in this case you can save your invested funds. Otherwise, the market will punish. I have always written and will continue to do so, don't forget to lock in your income. 

Taking profit whenever the time is right is what I always suggest as well. I don't think that a person should keep holding their assets even if the prices are favorable and they can get decent profits on their investments, even if they don't sell everything at once, they can at least sell a portion of their holdings to get some profit and then keep holding the remaining assets just in case the prices go higher in the future.

Some people say they wouldn't sell at all even if the price goes significantly high because they believe there will always be better prices, I don't like that, and I believe it is better to take profit, and then see how the market reacts, you should have both some assets and some liquid assets and be ready for any market condition.

Everyone has a different analysis about the crypto market, I agree with you, we can take profits when we reach the target and hold some of it just in case the price turns out to rise even higher. This is what I'm doing currently. so I also still plan to buy some potential altcoins.

Quote from: Litzki1990 on May 02, 2024, 05:33:45 PM

Quote from: $crypto$ on April 28, 2024, 02:18:56 PM

I agree, they are professional and have a lot of experience, but that doesn't mean they will avoid losing money. No matter how great they are, I think they still experience unexpected things, considering that the market is very difficult to predict.

They can only minimize risks, not completely avoid risks. and when they experience something undesirable, they will recover more quickly because their mentality is already well formed.

No matter how professional a trader is in trading, he can definitely lose money. When I am sure of something I can guarantee that I will achieve 100% success in it but no matter how experienced a trader is in trading he can never be certain or sure. An experienced trader has no way of saying with certainty that the market will move forward in the way he predicts. Since experienced traders cannot say anything for sure, we have to believe that experienced traders can lose money by trading. But I agree with your point that their money risk is much less because they do enough research on the market and their research is likely to be very accurate. That is why there is a lot of difference between a new trader and an experienced trader and experienced traders can always achieve success in trading.

Their experience and knowledge is the only difference and not whether they will experience losses or not, because as I said, losses cannot be avoided by any trader, they can only be minimized.

What is quite noticeable is the difference in mentality. New traders who are new to trading are still haunted by fear and panic, while professional traders will be able to control that, because their experience will speak volumes when making a trade.

I agree with you, a professional trader can control his emotions. That takes experience. because not all traders have that ability, when they experience a loss or lose some new traders will panic, while professional traders will remain calm, because they get profits in other coins

Quote from: Power420 on April 28, 2024, 06:56:02 PM

I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.

Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.

DCA is the best way for those of us who don't have a lot of money to invest in crypto. because we can own assets by buying them in stages. but this does not apply to whales who have large amounts of money. Our business of owning crypto assets with DCA is quite good if we start doing it during the bearish season, and sell it when it is bullish.