Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: wilsonhazel909 on January 11, 2022, 08:20:09 AM
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Cryptocurrency has attracted an immense number of investors to gain benefits from the lucrative earning opportunities offered by the crypto industry. One of the reasons for the popularity of crypto investments is that anyone can have access to investments, 24/7. Investors from all across the world can trade or mine crypto flexibly. Another major reason for crypto being preferred is certainly the sky-high values of some coins such as BTC and ETH.
The Crypto market definitely has the potential to let investors make huge money. However, the risks involved in the investments need to be considered as a big barrier to success in the crypto world. When you are well-versed with the industry norms, you will be able to develop the strategies that are going to help you gain profit by eliminating the potential risks. Below are some of the techniques you may adopt:
Don’t go with the hype of the market: Sometimes, the hype in the market is created from nowhere, thus, making investments by trusting that hype is the worst decision one can ever make. Rather, go through all the financial and technical aspects of the industry and make an appropriate decision and strategy that will work and offer you immense profit.
Build patience: Long-term investments plans in the crypto market are considered more beneficial as compared to short-term investments. Therefore, experts suggest that the investors must make the investments and wait for the assets to be matured. This will offer them the best possible returns.
Wait for the right time: Fluctuations in the prices and volatility in the industry make it mandatory to choose the appropriate time for investing. The investors must plan their entry and exit to the market carefully. Buy at the time when the crypto is at the lowest price and then decide to sell it when your desired price has been hit.
You can ease your crypto investment journey with help of these tips. If you want to choose an easy path to success in the crypto world, you must check out extremely profitable investment plans by Moonminers (https://moonminers.net/). They have been in the industry for several years and can offer you the best opportunity to invest and earn.
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You are right if any trader or holder just obey these instruction they definitely get good result form the crypto space but it is very difficult to control it most of the time, as a result many investors and traders make huge loss in the market.
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I am totally agree with you there are a lot of things and rules about trading if we follow them we should be the great trader and minimum risks to loss your assets. before trading you should know about market and also market trend, gain knowledge and then think of earn...
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Yeah, I'm totally agree with this.
don't go with the hype of the market, be patience and wait the right time to buy and sell.
Also don't be greedy.
Be wise when we do trading and investing.
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Yeah, I'm totally agree with this.
don't go with the hype of the market, be patience and wait the right time to buy and sell.
Also don't be greedy.
Be wise when we do trading and investing.
Hype market is always suitable for short term.
I didn't like that.
I'm long term investment thipycal, So hold is better just FOMO
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For an advantage, you must use the basic strategy taken so you don't get a big risk, in your opinion it's true with things that can be used as structures or combinations so that you get maximum results.
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Yes, really every trader must have his own strategy. Besides that it is necessary to be patient and turn off emotions. You need to work logically with crypto , without emotions. Also it is necessary to remember about pums and dumps. Use your strategy and you will be successful. And study, study , study every day!
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Yes, really every trader must have his own strategy. Besides that it is necessary to be patient and turn off emotions. You need to work logically with crypto , without emotions. Also it is necessary to remember about pums and dumps. Use your strategy and you will be successful. And study, study , study every day!
Manage emotion is the main key.
several traders lost, because be greedy.
We must have experience in trading, As you said we must have own strategy.
Trading isn't easy, it will take long time to be good trader.
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Patience is actually more look now. To invest in cryptocurrencies, it is much easier to accept what is ahead, to calculate what the investment path is.
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Yeah, I'm totally agree with this.
don't go with the hype of the market, be patience and wait the right time to buy and sell.
Also don't be greedy.
Be wise when we do trading and investing.
Hype market is always suitable for short term.
I didn't like that.
I'm long term investment thipycal, So hold is better just FOMO
Well, in my opinion, long-term trading can provide a lot of profit, especially when conditions are like this, when you have a lot of capital, you can buy potentially expensive coins at low prices like today.
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Well, in my opinion, long-term trading can provide a lot of profit, especially when conditions are like this, when you have a lot of capital, you can buy potentially expensive coins at low prices like today.
Yeah, I think It's the right time to buy more.
Current Bitcoin price is 35K USD, but better to wait.
I predict bitcoin will gown and touch 30K USD at this week.
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I think Dollar-Cost Averaging (DCA) strategy is probably the best long-term investment strategy in the crypto space. The 3 key points that the OP have mentioned are all here in the DCA strategy as BTC and ETH doesn’t promote hype, and are proven to be great long-term coins no matter where the price goes.
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Patience is actually more look now. To invest in cryptocurrencies, it is much easier to accept what is ahead, to calculate what the investment path is.
Yeah, But not alot of people have patience, Several of traders and investors will be panic when market dump.
Patience is the key.
I agree with OP, especially wait the right time. It's god way to do if you want to get profit