Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: ShadowCrypto on October 03, 2019, 04:54:14 AM
-
Crypto Investment is not for everyone.
Most of the people joined the market after 2017 following the news of Bitcoin bull-run and subsequently Altcoins bull-run of early 2018. And ever since the market has relatively been in the red and majority are lamenting.I have been in the market long before 2017 and I know what it is to have ones investment to be in the red-reduced to nothing and to have it the green-increased to something. My advice to anyone investing in Crypto assets is to first understand its highly volatile nature, then carefully study the assets you invest in and give it time to mature. Hundred of Crypto assets have grown from nothingness to something valuable...many also have crumbled.
Be positive and content when you invest.
-
I completely agree with your opinion. Now altcoins are already in their second year of decline and some believe that they will never rise to the previous price level. This is a misconception. The future of cryptocurrency is in a variety of altcoins. However, tokens, being narrow in their direction, develop much more slowly than universal coins. Therefore, in order for tokens to grow in price, we need patience.
-
I completely agree with your opinion. Now altcoins are already in their second year of decline and some believe that they will never rise to the previous price level. This is a misconception. The future of cryptocurrency is in a variety of altcoins. However, tokens, being narrow in their direction, develop much more slowly than universal coins. Therefore, in order for tokens to grow in price, we need patience.
Yes, this bear market is good because will bring down only fake projects, all good projects with a Good Concept and real working team, the price will grow, but patience is the key.
-
Crypto investment is only for patient and smart people. If someone cannot be patient and smart in managing their crypto investment, then I doubt they can gain profits from the crypto business. We know that there are too many people that spreading out FUDs in crypto world. You must know how to handle them.
-
I completely agree with your opinion. Now altcoins are already in their second year of decline and some believe that they will never rise to the previous price level. This is a misconception. The future of cryptocurrency is in a variety of altcoins. However, tokens, being narrow in their direction, develop much more slowly than universal coins. Therefore, in order for tokens to grow in price, we need patience.
Of course, now is still not a very good time for the growth of altcoins in price. In addition, our tokens mainly serve a specific business area, and it requires a certain amount of time for development. Therefore, one should not rush to make decisions on their sale. The one who will patiently wait for his time will win.
-
Agree with you, that this market is not for everyone. Like the stock market, only experience & thorough analysis will bring profits to participants.
The crypto market is in a period of great volatility, the price of BTC has suddenly increased, but it is also a sign of a sharp decline. Stay calm and keep an eye on the market.
-
Crypto investment is only for patient and smart people. If someone cannot be patient and smart in managing their crypto investment, then I doubt they can gain profits from the crypto business.
Yes, you are right. Patient is a must for a crypto investor, it can determine that they can hold and wait for better prices. If someone is not patient, then they can be influenced by FUDs easily. Finally, they may leave or quit crypto world very early.
-
Patience is really important in trading but it's only effective if you're patient with the right coin. The market now is totally different from what it was in 2017. No x3 or x5 pump for trash coins, patience in them will only hurt your funds. Be wise and sober in this market. It became much more selective than it had been before.
-
Crypto investment is only for patient and smart people. If someone cannot be patient and smart in managing their crypto investment, then I doubt they can gain profits from the crypto business.
Yes, you are right. Patient is a must for a crypto investor, it can determine that they can hold and wait for better prices. If someone is not patient, then they can be influenced by FUDs easily. Finally, they may leave or quit crypto world very early.
Well, that is exactly what’s happening. I have seen many traders who just exit this line because they cannot wait for the results patiently, which is bad.
-
I agree. Investing requires a lot of knowledge. The right timing, the coin, the amount... from the very beginning it's a game for those who know the market perfectly
-
I agree. Investing requires a lot of knowledge. The right timing, the coin, the amount... from the very beginning it's a game for those who know the market perfectly
Agreed, selecting the right coin is very crucial. As of now, people are mostly into bitcoins, but can’t say anything for the future.
-
If you decide to invest in cryptocurrency then you need to have more patience. The market is very changeable, but very promising, so if you properly manage your assets, you will certainly succeed.
-
Crypto investment is very profitable, but it has to take a long time. Those who made the investment in the early. have benefited greatly. But those who invested in the 2018 have been affected. But it looks like the front will be worse. So, those who invested earlier will not get profit, but now those who invest will be very profitable.
-
I totally agree with you. In the crypto world, you need to be very patient without it. You need to analyze a lot as investing is a big risk and you can lose a lot. Therefore, strong guys remain in the crypto world.
-
Crypto Investment is not for everyone.
Most of the people joined the market after 2017 following the news of Bitcoin bull-run and subsequently Altcoins bull-run of early 2018. And ever since the market has relatively been in the red and majority are lamenting.I have been in the market long before 2017 and I know what it is to have ones investment to be in the red-reduced to nothing and to have it the green-increased to something. My advice to anyone investing in Crypto assets is to first understand its highly volatile nature, then carefully study the assets you invest in and give it time to mature. Hundred of Crypto assets have grown from nothingness to something valuable...many also have crumbled.
Be positive and content when you invest.
This is very true yet. Most of the time investors invest in to market without any research so that they fail to gain profits. From the beginning of my joining into forum i saw that crypto market is very much volatile so that if any body want to invest into here he must study in which coin he want to invest. Otherwise it would be lame excuse if he lost his investment.
-
Patience and holding your emotions are the most important things when you are trading. Emotion is a money killer, and patience will always win. You have to be greedy when everyone is fearful and you have to be patient and fearful when everyone is greedy. Always think the opposite and be objective.
-
In any activity related to finance, cryptocurrency trading or investing, there should not be a place for emotions. Some failures should not affect your mood. Before doing something, we all calculate the risks well, so when something goes wrong, it does not depend on us, we did everything we could. You just need to draw conclusions and try next time to calculate the risks even better.