Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Fivestar4everMVP on April 15, 2024, 09:51:03 PM
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I assumed this thread (https://www.altcoinstalks.com/index.php?topic=313408.0) to be the first on this subject, so, starting another thread inline with same subject, I decided to make this the version two of the same subject.
Personally, I feel the market should be pumping hard right, I mean, there are alot of catalyst to ensure the market is pumping, we have a lot of good news,
1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.
The above and many more are catalyst that should be driving the entire market up, but here, the reverse is the case, instead of the market pumping hard, it rather is dumping, bitcoin is currently between $62k and $63k from its initial $66k it was earlier today, eth also dumping, what exactly is going on?
In trading, some one defined Liquidation as a forceful transfer of wealth from traders that need levarage to wealthy spot buyers.
And this means that, if you are spot buyer, you've positioned yourself well for the huge run that is coming, as long as you don't fumble your bag, I still believe that the coming bull run will be one of the biggest in the entire history of crypto, those who sell now will completely miss out, while those who seize opportunities as this to add to their bag will make double or triple of what they were supposed to make.
And of course this is not a financial advice, we are all free to do with out bags as we please.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).
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Bagging solana, RNDR, FET and of course bitcoin. I'm chasing their every dip. Including some meme coins like floki and Pepe once in a while but not my main focus. The major to me there is BTC cause of the low risk and RNDR cause of our history. When I had weak hand around 2022/2023 I bought RNDR for $0.56 and sold for $0.4 because of FTX, last year it got to $13 and I'm not missing this opportunity to buy this cheap.
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i'm up for cheaper altcoins actually. so i don't have to hurry and bag more in a single day buying spree. i just use my campaign fee every week to buy VET. seem to have worked at some point although since yesterday the dumps gets massive, its not dumping so hard since it pumped first before Iran rained their missiles.
the liquidation in the derivatives market is making those manipulators richer everything this happens. when one day i become a whale, i want to go against them aka like that gamestop guy. :)
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I think this dump made some people panic or it could also be a strategy to destroy greedy traders who opened long positions too quickly. We saw a few days ago the price of BTC was $70k but recently the dump to the $62k level is more than -10% and I don't think it will go lower than $60k until the halving happens.
I don't know for sure what made the market move like this... but it's still too early to sell BTC right now, because the halving hasn't happened yet and the party hasn't started yet... think of this small correction as the best bounce in BTC's journey reach even higher prices. Keep HODLing.
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This morning, I logged into BitcoinTalk and noticed that one of my locals regretted selling his Bitcoin. A couple of days ago he sold his BTC and invested in some altcoins. As the market is crashing, altcoins are the most affected. While Bitcoin is down 10% in the last seven days, some altcoins have gone down about 30% which is 3x than Bitcoin.
So, it is not only about holding. You have to pick the right coin and hold it till you make it. I was planning to sell some of my Bitcoin if we touch 75K before the halving, but it seems that will not happen anytime soon. At least if the war continues.
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The above and many more are catalyst that should be driving the entire market up, but here, the reverse is the case, instead of the market pumping hard, it rather is dumping, bitcoin is currently between $62k and $63k from its initial $66k it was earlier today, eth also dumping, what exactly is going on?
And of course this is not a financial advice, we are all free to do with out bags as we please.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).
I think this correction is normal for several reasons:
1. The Halving and the potential for the FED to lower interest rates have been priced into the market, and the Halving could be a sell-the-news event, when investors want to take profits.
2. The uncertainty about the approval of ETH Spot ETFs in May as the SEC is investigating Ethereum.
3. The continuous and unsustainable rise of BTC price for over a year, a correction and re-accumulation is necessary for the market to enter a bullrun in a strong way.
I have not sold any crypto assets in my portfolio, my choice is to continue accumulating BTC and top ALTS. It cannot be said that I am happy that the market is entering a correction phase, I always want to see prices rise, but a correction is necessary for us to have a longer bullrun and a bigger altseason in 2025.
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1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.
I still believe very much that Bitcoin and followed by altcoins will rise again and skyrocket again, then meet a bullish point again. Yes, it's true that lately, the market is really bad and can be confusing, especially for beginners in crypto. But it's true, I totally agree with you. Don't sell, just hold tightly. because the journey is still quite long. As long as the coins we choose are coins that really promise holding, it's better to hold them tight. because there is still a chance to rise again after the halving. Just be patient, unless it is hype coins, then be prepared for any risks.
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I assumed this thread (https://www.altcoinstalks.com/index.php?topic=313408.0) to be the first on this subject, so, starting another thread inline with same subject, I decided to make this the version two of the same subject.
Personally, I feel the market should be pumping hard right, I mean, there are alot of catalyst to ensure the market is pumping, we have a lot of good news,
1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.
1. You are just thinking that the market "should" pump because of the halving is coming. The market is heavily driven by sentiments of the investors and right now, the sentiment isn't that good enough to pump the price of Bitcoin. Even the halving event coming isn't enough. Why are people selling? Taking profit is the safest answer for that. I mean those who sold Bitcoin are the ones who bought it at the bottom, and probably taking profit already. There's a chance that they will again buy for the bull run.
2. I don't think that the Ethereum and Bitcoin ETF that has been approved in HongKong is that huge enough for the market to move significantly.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).
Bitcoin is the only one that I'm buying currently, but I'm thinking of buying 1 more altcoin before the bull run (maybe 2 TBH). I'm also thinking of participating in 1 to 2 airdrops thru supplying in a liquidity pool.
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1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.
I still believe very much that Bitcoin and followed by altcoins will rise again and skyrocket again, then meet a bullish point again. Yes, it's true that lately, the market is really bad and can be confusing, especially for beginners in crypto. But it's true, I totally agree with you. Don't sell, just hold tightly. because the journey is still quite long. As long as the coins we choose are coins that really promise holding, it's better to hold them tight. because there is still a chance to rise again after the halving. Just be patient, unless it is hype coins, then be prepared for any risks.
We are already in the bullish state, although if we look at it technically, there could be argument that the real bull run will occur right after the block halving. But then again, after the lowest low of $15,500-$73k, that is already a huge pump more than 300% or more if my math is correct.
So yeah, the mentally is to HODL and not sell up until the halving itself. And there are a lot of predictions in this bull run that we all will enter in 2024-2025 that it could be as high as $100k.
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What is happening is normal, and even if the price drops further, which I expect will happen (there may be a drop to the price of 52-57K$), this will not make me afraid at all, and I am optimistic about a strong rise in Bitcoin at any moment.
What happened was the liquidation of the positions of future traders, while the spot traders were not affected by what happened, and the long-term investor is not interested in everything that is happening in the market at the present time because the great rally has not yet begun.
We are very close to Halfling, and there is only one day left, and yet the decline continues, but this is nothing, and we only need some time until we see the real rise and a new ATH.
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1 more day to go for halving but I don't see any sign of strength in the market. 4h time frame shows us that the market is in the down trend but if you look in a weekly tf it shows us it will going to retrace. In my opinion, the halving is just a way for others to invest because they thought it will send up the price higher but in reality it's just a pull back in a 4h tf. So there is a high possibility that the price will go deeper to gather enough demand in order to boost the price higher and create another ATH.
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1 more day to go for halving but I don't see any sign of strength in the market. 4h time frame shows us that the market is in the down trend but if you look in a weekly tf it shows us it will going to retrace. In my opinion, the halving is just a way for others to invest because they thought it will send up the price higher but in reality it's just a pull back in a 4h tf. So there is a high possibility that the price will go deeper to gather enough demand in order to boost the price higher and create another ATH.
It's just a matter of time, as soon as Bitcoin goes up a couple of thousand dollars, more investors and buyers will flood the exchanges with buy orders because once we are past the halving event, everyone will have the impression that the bull run can start any time, so when they see even a little growth in Bitcoin, they directly start thinking that the bull run has started and they will start buying and that buying gives Bitcoin a kickstart for the bull run to go ahead and create a magnificent ATH.
There is very strong support at $60k, and Bitcoin hasn't (so far) managed to go much below that mark. If it manages to go below that, then there is a high chance that it will dip further, but if it doesn't do that, it will most probably recover.
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And of course this is not a financial advice, we are all free to do with out bags as we please.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).
You are right this is the best time to fill our bags, although at the time of writing this post, BTC has recovered back to $64k but just some hours ago it was on $60k as well. This indicates it is highly volatile at the moment, and its dominance is decreasing, and increasing due to many factors. Well, speaking of filling bags and making a good profit, I prefer to hold ETH, AVAX, AIX, C98, and Matic. These coins will make us some good returns.
There are more on the list, but that would be a burden as fewer funds can't be invested in all of these tokens present in the market, so let's just focus on 4 or 5. I have invested in C98, AVAX, Dot, Link, ETH, and Deso, Planning to invest in APT as it can touch $20 easily and it showed great potential last time (like a few days ago). In terms of alts, holding is the only option I have because currently alts are bleeding and I am at lose, but in the long run I know ALTs season is going to start and I am eagerly waiting for that.
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1 more day to go for halving but I don't see any sign of strength in the market. 4h time frame shows us that the market is in the down trend but if you look in a weekly tf it shows us it will going to retrace. In my opinion, the halving is just a way for others to invest because they thought it will send up the price higher but in reality it's just a pull back in a 4h tf. So there is a high possibility that the price will go deeper to gather enough demand in order to boost the price higher and create another ATH.
Boom, We have been through the halving for almost a month, but it seems there is no good news that can trigger an increase in the price of bitcoin, in fact after the halving occurred the price of bitcoin tended to fall. This is a pretty bad halving history because Bitcoin has no support for another price increase.
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- To those who believe in Bitcoin, they should really not let go of holding it, especially now that it is better to buy because we are still in the correction. I mean, it's better to do DCA for potential cryptos that we think can make a profit.
Just be patient in waiting while we hold Bitcoin or cryptocurrency. They say, Right, when there's a pan, there's a stew. This is just one of the sayings that most people in our country believe.
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1 more day to go for halving but I don't see any sign of strength in the market. 4h time frame shows us that the market is in the down trend but if you look in a weekly tf it shows us it will going to retrace. In my opinion, the halving is just a way for others to invest because they thought it will send up the price higher but in reality it's just a pull back in a 4h tf. So there is a high possibility that the price will go deeper to gather enough demand in order to boost the price higher and create another ATH.
Boom, We have been through the halving for almost a month, but it seems there is no good news that can trigger an increase in the price of bitcoin, in fact after the halving occurred the price of bitcoin tended to fall. This is a pretty bad halving history because Bitcoin has no support for another price increase.
I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.
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I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.
Why the disappointment? Never in the history of Bitcoin had we had pump immediately when the halving occur, I have check the chart and it was a year later that we do have the bull run but somehow, a lot happened in this cycle that institutional investors are controlling the market, they don't want to see their investment go down and they are holding it from collapse.
Another thing you should put into consideration is that there must be a correction else no one would be confident about the bull run and right now, the market is doing the opposite and if it remain like this, there is no certainty yet about bull run but in the future, something must happen.
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I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.
Why the disappointment? Never in the history of Bitcoin had we had pump immediately when the halving occur, I have check the chart and it was a year later that we do have the bull run but somehow, a lot happened in this cycle that institutional investors are controlling the market, they don't want to see their investment go down and they are holding it from collapse.
Another thing you should put into consideration is that there must be a correction else no one would be confident about the bull run and right now, the market is doing the opposite and if it remain like this, there is no certainty yet about bull run but in the future, something must happen.
All kinds of whale investors invest only when they see the market stable. Because they realize then that they are in the safe zone enough. Because they know that if they invest in volatile market then they can face loss. whale investors never lose because their investment is able to move the market in different directions, but if the market goes down after their investment, it will be very difficult to recover. for this they don't always invest and when they do the market booms
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I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.
Why the disappointment? Never in the history of Bitcoin had we had pump immediately when the halving occur, I have check the chart and it was a year later that we do have the bull run but somehow, a lot happened in this cycle that institutional investors are controlling the market, they don't want to see their investment go down and they are holding it from collapse.
Another thing you should put into consideration is that there must be a correction else no one would be confident about the bull run and right now, the market is doing the opposite and if it remain like this, there is no certainty yet about bull run but in the future, something must happen.
This halving year is different from past Bitcoin halving. As we can see in the history from the first halving to the third, new ATH only happen after halving, which did not occur in this halving year. People expected the new ATH to occur after the halving based on past halving, but instead, it occurred before the halving. We noticed that when the price creates a new ATH, there is a high probability that the price will explode because there is no obvious resistance above that has to be broken, which has been true in past halving. And this may be the reason why many are disappointed, because I noticed many complaints if this would be the end of bull market.
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1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
Halving has taken place but we have not seen any beneficial effect of halving but if someone wants to accumulate Bitcoin and other coins then they can assume current situations as beneficial days just to hold some of the desired coins.
People were very excited for halving but now only experts have believed that the market will recover to give them their money with elevated worth.
Current worth is not suitable for selling but you can make it a phase that will be full of advantages therefore don't sell but take a step against it like you can buy now to convert fearful situations into Fruitful situations.
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Buy the dip sell the ATH and buy the cheap again in the period waiting for bitcoin to come down again. I am always interested to buy bitcoin and hodle and this days I am buying for short term and not for long term and it is for personal reasons and I am doing that because of the time, period and the season. Then after now I will invest in the long term. I always buy the slide decreased of the market and sell when it goes up like 3% to 4% increase of the market. I think in the market it is not always good to buy buy and not selling. You buy and sell to make profit.
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Buy the dip sell the ATH and buy the cheap again in the period waiting for bitcoin to come down again. I am always interested to buy bitcoin and hodle and this days I am buying for short term and not for long term and it is for personal reasons and I am doing that because of the time, period and the season. Then after now I will invest in the long term. I always buy the slide decreased of the market and sell when it goes up like 3% to 4% increase of the market. I think in the market it is not always good to buy buy and not selling. You buy and sell to make profit.
That's right, the right way to make a profit when trading is that we have to buy coins when the price falls, when the price has risen then we will sell it at a high price, never be influenced by market conditions, when the price rises never buy because that will makes us trapped in high prices.
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Holding is better than selling in only some conditions and for only some people, those people who aren't knowledgeable enough to understand the market and its movements so that they can make effective trades, otherwise, one can earn more money with scalping and day trading than they can earn by holding because when you hold, you have to wait for years in most cases to get your desired profits but when trading, you get profit every day if you trade wisely.
Someone who can afford to do it should do both holding and trading because that will give them more profit eventually. They should buy and hold some Bitcoin and trade with the remaining funds that they have, this way, they will be earning profit from two sides which is great
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Holding is better than selling in only some conditions and for only some people, those people who aren't knowledgeable enough to understand the market and its movements so that they can make effective trades, otherwise, one can earn more money with scalping and day trading than they can earn by holding because when you hold, you have to wait for years in most cases to get your desired profits but when trading, you get profit every day if you trade wisely.
Someone who can afford to do it should do both holding and trading because that will give them more profit eventually. They should buy and hold some Bitcoin and trade with the remaining funds that they have, this way, they will be earning profit from two sides which is great
I think Holding is also Trading but with a longer holding time, around a few months. I think each method will be suitable for each investor in this market. If a investor has a long-term vision and don't want to spend too much time trading, holding to the target will be the best choice. Conversely, if a trader has good trading skills, he can completely trade regularly to manage capital in the best way to generate the greatest profit.
Most of the investors I know often combine holding and trading. They use a part of their capital to hold top coins such as BTC, ETH, BNB... and the rest to trade regularly to generate additional profits from market fluctuations, increase the number of tokens in their account and maintain market sensitivity.
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I understand all the people who are in a rush to make money not just because of fun stuff, not everyone is trying to make money to get a lambo, sometimes people really need money for life stuff. However, if you make a bad decision just because of this situation, then I fear that its not going to be all that easy, we are talking about something that's quite troublesome and has to be something that will be very hard to handle. I believe that we are going to end up with a great situation if we could hold, we won't have money right away but at least we won't lose money that we can't afford to lose.
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They use a part of their capital to hold top coins such as BTC, ETH, BNB... and the rest to trade regularly to generate additional profits from market fluctuations, increase the number of tokens in their account and maintain market sensitivity.
Yeah, the definition changes depending on who said it, although there are usually noticeable differences between holding, swing trading, day trading, etc. From my experience, holding is usually used to refer to how people save their crypto for years, at least until the next bull cycle begins. What you call holding (waiting for a few months) is usually called swing trading. In the end, as long as we know what it refers to we can use any term that both parties understand perfectly. Swing trading or day trading is only suitable for somebody with decent capital IMO. Unless they want to risk it all since a $50 trade a day can be quite stressful with low-return, so patience is necessary.
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1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
Halving has taken place but we have not seen any beneficial effect of halving but if someone wants to accumulate Bitcoin and other coins then they can assume current situations as beneficial days just to hold some of the desired coins.
People were very excited for halving but now only experts have believed that the market will recover to give them their money with elevated worth.
Current worth is not suitable for selling but you can make it a phase that will be full of advantages therefore don't sell but take a step against it like you can buy now to convert fearful situations into Fruitful situations.
actually we have a better run before that halving day than after comparing to what we have experience over the years
that the market will respond better after halving and will take a rest before that day
but this time there is a reverse and with this I think we will be needing to wait longer than what we expected ,
at least this whole year?
but like what advised by OP lets keep HODL till we reach our target prices.
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1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
Halving has taken place but we have not seen any beneficial effect of halving but if someone wants to accumulate Bitcoin and other coins then they can assume current situations as beneficial days just to hold some of the desired coins.
People were very excited for halving but now only experts have believed that the market will recover to give them their money with elevated worth.
Current worth is not suitable for selling but you can make it a phase that will be full of advantages therefore don't sell but take a step against it like you can buy now to convert fearful situations into Fruitful situations.
actually we have a better run before that halving day than after comparing to what we have experience over the years
that the market will respond better after halving and will take a rest before that day
but this time there is a reverse and with this I think we will be needing to wait longer than what we expected ,
at least this whole year?
but like what advised by OP lets keep HODL till we reach our target prices.
I think we shouldn't say that it really takes more time before the real bull run starts because we are only in June, it's only more than a month. If we look back at the last halving of Bitcoin, it is May 2020, but the real bull run occur at September. It takes 4 months before the expected bull run starts. So I think it's good to wait at least 4 months before we can say that it takes much longer.
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I understand all the people who are in a rush to make money not just because of fun stuff, not everyone is trying to make money to get a lambo, sometimes people really need money for life stuff. However, if you make a bad decision just because of this situation, then I fear that its not going to be all that easy, we are talking about something that's quite troublesome and has to be something that will be very hard to handle. I believe that we are going to end up with a great situation if we could hold, we won't have money right away but at least we won't lose money that we can't afford to lose.
Just like you said that we might need some money for emergency purposes in real life thus converting out holdings into fiat and not maximizing to the price that we wanted. Holding for me is the way to go and don't touch your portfolio and reserve some funds for emergency needs.
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Holding is better than selling in only some conditions and for only some people, those people who aren't knowledgeable enough to understand the market and its movements so that they can make effective trades, otherwise, one can earn more money with scalping and day trading than they can earn by holding because when you hold, you have to wait for years in most cases to get your desired profits but when trading, you get profit every day if you trade wisely.
Someone who can afford to do it should do both holding and trading because that will give them more profit eventually. They should buy and hold some Bitcoin and trade with the remaining funds that they have, this way, they will be earning profit from two sides which is great
Some people avoid when looking the market current condition dropping drastically and other side they got panic for selling after many bad news sharing,
its depend on experienced how to faced bad news or moment at the market downtrend. Most of us with much experience in trading seems not problem how decreasing or market drop but keep hold it because after correcting moment always has positive way for bitcoin recovery back to higher price.
Some one strong decision for holding their assets but most of trader can't acceptable when market recently drop and want to sell it although have lower price.
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Some people avoid when looking the market current condition dropping drastically and other side they got panic for selling after many bad news sharing,
its depend on experienced how to faced bad news or moment at the market downtrend. Most of us with much experience in trading seems not problem how decreasing or market drop but keep hold it because after correcting moment always has positive way for bitcoin recovery back to higher price.
Some one strong decision for holding their assets but most of trader can't acceptable when market recently drop and want to sell it although have lower price.
The bad news that you see is just a strategy made by whales if they are lucky it becomes viral then people will panic selling and then their next move is to wait for a dip price and you will notice a sudden price reversal.
Whales are never late they are always the first ones on the sudden price movement changes and retailers are always late.
Look at the current BTC price once the liquidation sweep is done maybe whales will dump BTC if it fails to break the $73k once they dump we will see a massive price drop and later bad news will come to keep the price at a bearish trend whales will wait again which is a cycle.
however, don't forget that this is not the last price of Bitcoin we didn't see the $100k level yet which is what we speculate before according to old price structure.
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actually we have a better run before that halving day than after comparing to what we have experience over the years
that the market will respond better after halving and will take a rest before that day
but this time there is a reverse and with this I think we will be needing to wait longer than what we expected ,
at least this whole year?
but like what advised by OP lets keep HODL till we reach our target prices.
Currently the price is far better than the previous price as it hit 71k$ again for Bitcoin so I think if someone has waited for years then waiting for some more months should not be difficult for them. Success requires sacrifices so if someone wants to take benefit from this bull season then he should sacrifice his precious time and eventually when you get profit then you will be happy for this patience.
There will be different targets set by different investors but we should not follow them because we can use our own mind for making better decisions so select a target, increase your patience and let's see what happens next.
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I also agree with you. As the bull run is coming up. Everyone is investing in Bitcoin with a hope. As we all know that Bullran is coming ahead, Bitcoin price increases several times.Those who have held for so long should wait until the bull run rather than get restless and sell. And it is better to sell when the price rises. If you sell now, you will regret later. So everyone should hold all the coins now.It is expected that the price of all the coins will increase during the bull run. Therefore, everyone should settle down and wait until the bull run and then sell their own coins at a higher price. Don't sell, just hold.
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I also agree with you. As the bull run is coming up. Everyone is investing in Bitcoin with a hope. As we all know that Bullran is coming ahead, Bitcoin price increases several times.Those who have held for so long should wait until the bull run rather than get restless and sell. And it is better to sell when the price rises. If you sell now, you will regret later. So everyone should hold all the coins now.It is expected that the price of all the coins will increase during the bull run. Therefore, everyone should settle down and wait until the bull run and then sell their own coins at a higher price. Don't sell, just hold.
Selling now might not make the person run at loss if he bought bitcoin early last year because he is in profit. However, if he continue to hodli till when the bull run is at its peak then he will make more profit than when he sells now. I have the mindset of always increasing my bitcoin portfolio with DCA as i buy always whenever i have the mobey weekly or monthly to increase my bitcoin stash because I will not sell all my bitcoin during the bull run in 2025.
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I also agree with you. As the bull run is coming up. Everyone is investing in Bitcoin with a hope. As we all know that Bullran is coming ahead, Bitcoin price increases several times.Those who have held for so long should wait until the bull run rather than get restless and sell. And it is better to sell when the price rises. If you sell now, you will regret later. So everyone should hold all the coins now.It is expected that the price of all the coins will increase during the bull run. Therefore, everyone should settle down and wait until the bull run and then sell their own coins at a higher price. Don't sell, just hold.
Selling now might not make the person run at loss if he bought bitcoin early last year because he is in profit. However, if he continue to hodli till when the bull run is at its peak then he will make more profit than when he sells now. I have the mindset of always increasing my bitcoin portfolio with DCA as i buy always whenever i have the mobey weekly or monthly to increase my bitcoin stash because I will not sell all my bitcoin during the bull run in 2025.
Isn't the most successful those who keep holding their coins until the bull run, because they will get bigger profits. Buy early when bearish and hold it until bullish. but that is done for those who do not have good trading skills, but for a professional trader will choose another method by always trading their coins to get profit, this will also produce higher profit.
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I also agree with you. As the bull run is coming up. Everyone is investing in Bitcoin with a hope. As we all know that Bullran is coming ahead, Bitcoin price increases several times.Those who have held for so long should wait until the bull run rather than get restless and sell. And it is better to sell when the price rises. If you sell now, you will regret later. So everyone should hold all the coins now.It is expected that the price of all the coins will increase during the bull run. Therefore, everyone should settle down and wait until the bull run and then sell their own coins at a higher price. Don't sell, just hold.
Selling now might not make the person run at loss if he bought bitcoin early last year because he is in profit. However, if he continue to hodli till when the bull run is at its peak then he will make more profit than when he sells now. I have the mindset of always increasing my bitcoin portfolio with DCA as i buy always whenever i have the mobey weekly or monthly to increase my bitcoin stash because I will not sell all my bitcoin during the bull run in 2025.
Isn't the most successful those who keep holding their coins until the bull run, because they will get bigger profits. Buy early when bearish and hold it until bullish. but that is done for those who do not have good trading skills, but for a professional trader will choose another method by always trading their coins to get profit, this will also produce higher profit.
Agreed, for anyone who wants to take the safe route and avoid the risks of daily trading, this strategy of awaiting the bull run is suitable. However, experienced traders generally choose to exploit market changes in order to achieve quicker profits. When armed with good analytical skills, they are able to harness every price fluctuation, bypassing the need for a substantial bull run. As a result, the selection of strategy relies on the level of comfort and skill a person exhibits in coping with the dynamics of the crypto market. Both can make profit; however, they do so differently.
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]Agreed, for anyone who wants to take the safe route and avoid the risks of daily trading, this strategy of awaiting the bull run is suitable. However, experienced traders generally choose to exploit market changes in order to achieve quicker profits. When armed with good analytical skills, they are able to harness every price fluctuation, bypassing the need for a substantial bull run. As a result, the selection of strategy relies on the level of comfort and skill a person exhibits in coping with the dynamics of the crypto market. Both can make profit; however, they do so differently.
Everyone has their own way of investing, some choose to hold long term and wait for the bull run and some take advantage of market fluctuations by trading. I try to do both because for me holding long term and doing daily trading is a good way to make a profit. with a small capital I rotate my capital in the exchange to increase my crypto assets.
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Everyone has their own way of investing, some choose to hold long term and wait for the bull run and some take advantage of market fluctuations by trading. I try to do both because for me holding long term and doing daily trading is a good way to make a profit. with a small capital I rotate my capital in the exchange to increase my crypto assets.
I will agree with you and also want to say that it depends on the skill of a trader if the analysis skill is good then that trader can do long-term holding and short term trading both easily as you are doing. I myself have done short-term trading many times. I mean I have tried to do daily trading many times but most of the times I have suffered losses, and now I have realized that I do not have good analysis skills through which I can do day trading properly so I have left it. Now have introduced long term holding.
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Everyone has their own way of investing, some choose to hold long term and wait for the bull run and some take advantage of market fluctuations by trading. I try to do both because for me holding long term and doing daily trading is a good way to make a profit. with a small capital I rotate my capital in the exchange to increase my crypto assets.
I will agree with you and also want to say that it depends on the skill of a trader if the analysis skill is good then that trader can do long-term holding and short term trading both easily as you are doing. I myself have done short-term trading many times. I mean I have tried to do daily trading many times but most of the times I have suffered losses, and now I have realized that I do not have good analysis skills through which I can do day trading properly so I have left it. Now have introduced long term holding.
Day trading must have good analysis skills or face losses like you did. I faced a lot of losses during my day trading because I don't have good analysis skills myself but only a long idea about crypto. But trading requires both experience and skill. We are too emotional which is one of our losses. We want to make huge profits in a short time and after buying a coin, if the price of that coin goes down a bit, we get scared and panic. Which is another bad habit of ours
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Everyone has their own way of investing, some choose to hold long term and wait for the bull run and some take advantage of market fluctuations by trading. I try to do both because for me holding long term and doing daily trading is a good way to make a profit. with a small capital I rotate my capital in the exchange to increase my crypto assets.
I will agree with you and also want to say that it depends on the skill of a trader if the analysis skill is good then that trader can do long-term holding and short term trading both easily as you are doing. I myself have done short-term trading many times. I mean I have tried to do daily trading many times but most of the times I have suffered losses, and now I have realized that I do not have good analysis skills through which I can do day trading properly so I have left it. Now have introduced long term holding.
Skills in the crypto space are essential, whether it is holding or trading. If you look at it briefly, you will definitely think that holding does not require much skill, but if you look deeper, you will need a lot of skills and that is important.
Likewise in trading, I think it will be even more difficult because our mentality will be tested in a very short time. Just imagine, in a matter of hours we have to prepare our mentality when facing losses.
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Everyone has their own way of investing, some choose to hold long term and wait for the bull run and some take advantage of market fluctuations by trading. I try to do both because for me holding long term and doing daily trading is a good way to make a profit. with a small capital I rotate my capital in the exchange to increase my crypto assets.
I will agree with you and also want to say that it depends on the skill of a trader if the analysis skill is good then that trader can do long-term holding and short term trading both easily as you are doing. I myself have done short-term trading many times. I mean I have tried to do daily trading many times but most of the times I have suffered losses, and now I have realized that I do not have good analysis skills through which I can do day trading properly so I have left it. Now have introduced long term holding.
Skills in the crypto space are essential, whether it is holding or trading. If you look at it briefly, you will definitely think that holding does not require much skill, but if you look deeper, you will need a lot of skills and that is important.
Likewise in trading, I think it will be even more difficult because our mentality will be tested in a very short time. Just imagine, in a matter of hours we have to prepare our mentality when facing losses.
Yeah, trading responsibly is key to being successful in the long run, in my opinion.
Otherwise, you will face losses, and if you don't learn from them - you will not have a good time with the market.
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I also agree with you. As the bull run is coming up. Everyone is investing in Bitcoin with a hope. As we all know that Bullran is coming ahead, Bitcoin price increases several times.Those who have held for so long should wait until the bull run rather than get restless and sell. And it is better to sell when the price rises. If you sell now, you will regret later. So everyone should hold all the coins now.It is expected that the price of all the coins will increase during the bull run. Therefore, everyone should settle down and wait until the bull run and then sell their own coins at a higher price. Don't sell, just hold.
Selling now might not make the person run at loss if he bought bitcoin early last year because he is in profit. However, if he continue to hodli till when the bull run is at its peak then he will make more profit than when he sells now. I have the mindset of always increasing my bitcoin portfolio with DCA as i buy always whenever i have the mobey weekly or monthly to increase my bitcoin stash because I will not sell all my bitcoin during the bull run in 2025.
The DCA approach brings huge benefits in the long run when investing in coins like Bitcoin. Always plan for long term holding, if we start investing now and can see through the next two to three cycles of bitcoin, then surely a strong portfolio will be built, as the demand for bitcoin is increasing day by day, bitcoin is definitely going to be big in the coming days. if you start investing with DCA and start holding from now you will get better than you expected after the next 2-3 cycles of Bitcoin.
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Skills in the crypto space are essential, whether it is holding or trading. If you look at it briefly, you will definitely think that holding does not require much skill, but if you look deeper, you will need a lot of skills and that is important.
Likewise in trading, I think it will be even more difficult because our mentality will be tested in a very short time. Just imagine, in a matter of hours we have to prepare our mentality when facing losses.
Yeah, trading responsibly is key to being successful in the long run, in my opinion.
Otherwise, you will face losses, and if you don't learn from them - you will not have a good time with the market.
Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.
There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.
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]Agreed, for anyone who wants to take the safe route and avoid the risks of daily trading, this strategy of awaiting the bull run is suitable. However, experienced traders generally choose to exploit market changes in order to achieve quicker profits. When armed with good analytical skills, they are able to harness every price fluctuation, bypassing the need for a substantial bull run. As a result, the selection of strategy relies on the level of comfort and skill a person exhibits in coping with the dynamics of the crypto market. Both can make profit; however, they do so differently.
Everyone has their own way of investing, some choose to hold long term and wait for the bull run and some take advantage of market fluctuations by trading. I try to do both because for me holding long term and doing daily trading is a good way to make a profit. with a small capital I rotate my capital in the exchange to increase my crypto assets.
Holding and investing will must dependent in your skill. Because we know that many investors will not be success in holding and trading. Because there haven’t experience enough in trading and investment. So if we want get best profit in cryptocurrency market, we must understanding in cryptocurrency world and skill from trading and investment. Because i am also a small trader in cryptocurrency market, but i couldn’t earn best profit from here. So i believe that if we can understand in long term and short term investing and trading, we could earn best profit from crypto market.
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Skills in the crypto space are essential, whether it is holding or trading. If you look at it briefly, you will definitely think that holding does not require much skill, but if you look deeper, you will need a lot of skills and that is important.
Likewise in trading, I think it will be even more difficult because our mentality will be tested in a very short time. Just imagine, in a matter of hours we have to prepare our mentality when facing losses.
Yeah, trading responsibly is key to being successful in the long run, in my opinion.
Otherwise, you will face losses, and if you don't learn from them - you will not have a good time with the market.
Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.
There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.
Yeah, but I think those are the most important for newbies.
Otherwise, they won't have any funds to learn in the first place.
Responsibly investing or trading their money is essential in the long run for them to be successful.
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I assumed this thread (https://www.altcoinstalks.com/index.php?topic=313408.0) to be the first on this subject, so, starting another thread inline with same subject, I decided to make this the version two of the same subject.
Personally, I feel the market should be pumping hard right, I mean, there are alot of catalyst to ensure the market is pumping, we have a lot of good news,
1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.
People who are selling know what they have gained; everybody invested to get profit and sell back, so I’m sure people you see selling have already gotten profit, which is why they sell. Unless they panic and make the wrong decision, that makes them sell at lost, but I’m pretty sure that most of them did not sell at lost; many of them bought when the market got dumped, so selling now is not a problem for them. You may think of halving; those people can still go ahead of halving since they feel there is still time to do that.
Skills in the crypto space are essential, whether it is holding or trading. If you look at it briefly, you will definitely think that holding does not require much skill, but if you look deeper, you will need a lot of skills and that is important.
Likewise in trading, I think it will be even more difficult because our mentality will be tested in a very short time. Just imagine, in a matter of hours we have to prepare our mentality when facing losses.
In everything, knowledge is very important. You can’t succeed when you don’t know what you are doing, especially in this crypto space. You need to be very prepared for what you are about to do because you are using money to invest or trade, so if you are not knowledgeable, you will face losses, which nobody will like to happen. That is why you need knowledge before getting into it.
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In everything, knowledge is very important. You can’t succeed when you don’t know what you are doing, especially in this crypto space. You need to be very prepared for what you are about to do because you are using money to invest or trade, so if you are not knowledgeable, you will face losses, which nobody will like to happen. That is why you need knowledge before getting into it.
I would say that a knowledge base is very important, though, without practice around it - it's as important afterward. They can't be without each other, though, first would be better to have the base for the practise, because otherwise, as you said - losses will be big.
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I assumed this thread (https://www.altcoinstalks.com/index.php?topic=313408.0) to be the first on this subject, so, starting another thread inline with same subject, I decided to make this the version two of the same subject.
Personally, I feel the market should be pumping hard right, I mean, there are alot of catalyst to ensure the market is pumping, we have a lot of good news,
1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.
Not all the traders who sell here in cryptocurrency mean that he already has an income. There are others who sell because they think the price of the asset they hold will continue to fall. It seems that due to panic and uncontrollable emotions, they sell even at a loss.
There are other traders like that, and I also experienced that before when I sold even at a loss, the price suddenly went up when I sold. So it's really important if you are long-term investors; you should really stand up and laugh at that.
People who are selling know what they have gained; everybody invested to get profit and sell back, so I’m sure people you see selling have already gotten profit, which is why they sell. Unless they panic and make the wrong decision, that makes them sell at lost, but I’m pretty sure that most of them did not sell at lost; many of them bought when the market got dumped, so selling now is not a problem for them. You may think of halving; those people can still go ahead of halving since they feel there is still time to do that.
Skills in the crypto space are essential, whether it is holding or trading. If you look at it briefly, you will definitely think that holding does not require much skill, but if you look deeper, you will need a lot of skills and that is important.
Likewise in trading, I think it will be even more difficult because our mentality will be tested in a very short time. Just imagine, in a matter of hours we have to prepare our mentality when facing losses.
In everything, knowledge is very important. You can’t succeed when you don’t know what you are doing, especially in this crypto space. You need to be very prepared for what you are about to do because you are using money to invest or trade, so if you are not knowledgeable, you will face losses, which nobody will like to happen. That is why you need knowledge before getting into it.
As a trader, you should know where you belong as traders. Are you a short- or long-term trader? Because, of course, if you are long-term holders, you will obviously hold the assets that you will buy cryptocurrency for a long time.
Which also means you have a target plan for when you will sell the assets you hold, right? Because if you just hold him for a long time without a definite exact year and months, what will happen there will depend on how much your profit earnings are. I hope your holding assets will not lead to greediness.
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I assumed this thread (https://www.altcoinstalks.com/index.php?topic=313408.0) to be the first on this subject, so, starting another thread inline with same subject, I decided to make this the version two of the same subject.
Personally, I feel the market should be pumping hard right, I mean, there are alot of catalyst to ensure the market is pumping, we have a lot of good news,
1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.
The above and many more are catalyst that should be driving the entire market up, but here, the reverse is the case, instead of the market pumping hard, it rather is dumping, bitcoin is currently between $62k and $63k from its initial $66k it was earlier today, eth also dumping, what exactly is going on?
In trading, some one defined Liquidation as a forceful transfer of wealth from traders that need levarage to wealthy spot buyers.
And this means that, if you are spot buyer, you've positioned yourself well for the huge run that is coming, as long as you don't fumble your bag, I still believe that the coming bull run will be one of the biggest in the entire history of crypto, those who sell now will completely miss out, while those who seize opportunities as this to add to their bag will make double or triple of what they were supposed to make.
And of course this is not a financial advice, we are all free to do with out bags as we please.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).
There is one common situation on any market whether crypto or other markets. It is very obvious that in a market there are individuals with their various trading/investments plans and strategies plus some differences in TA/FA analytical views. There are also traders/investors who are highly experienced to know when to exist (sell) their bags at certain markets conditions that will make them add more coins or Wait for the a dipper market, or long corrections to re-enter and accumulate more coins.
I think that many traders/investors may not be interested in learning the market trends analysis and could be one of the reasons they sell their coins once prices move up a little. You have to know that the experts knows exactly when prices (Bitcoin) will hit a strong resistance level.
Again, experienced traders/investors also know when the market trends will get a reversal or when it is heading to a corrections. These analysis are very important to know when to enter or exit a position, and also know when to accumulate more coins.
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Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.
There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.
Yeah, but I think those are the most important for newbies.
Otherwise, they won't have any funds to learn in the first place.
Responsibly investing or trading their money is essential in the long run for them to be successful.
Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.
Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
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Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.
There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.
Yeah, but I think those are the most important for newbies.
Otherwise, they won't have any funds to learn in the first place.
Responsibly investing or trading their money is essential in the long run for them to be successful.
Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.
Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
Most influencers open paid classes or seek their own profit so we have to be careful. Your suggestion is good, for newbies it is better to choose good friends who are willing to share knowledge or become mentors. because in investment and trading requires knowledge and skills, this is something that is difficult and cannot be mastered quickly.
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Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.
There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.
Yeah, but I think those are the most important for newbies.
Otherwise, they won't have any funds to learn in the first place.
Responsibly investing or trading their money is essential in the long run for them to be successful.
Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.
Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
Most influencers open paid classes or seek their own profit so we have to be careful. Your suggestion is good, for newbies it is better to choose good friends who are willing to share knowledge or become mentors. because in investment and trading requires knowledge and skills, this is something that is difficult and cannot be mastered quickly.
Well, Experience guidance from a person who knows how it works is critical to support us while learning investment and trading, they also can save us from such mistakes as well as help accelerate the learning period. Indications about this specific area of work reveal that such knowledge and skills cannot be learn over night and need time as well as practice to be mastered.
But it is also important never to take anything for granted and be always skeptical especially when it comes from people we follow or from sources that aren’t credible yet. While a few of them makes selected classes or courses chargeable, we must make certain that the value added provides warrants for the amounts being spent and minimize a fall into a detrimental trap.
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Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.
There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.
Yeah, but I think those are the most important for newbies.
Otherwise, they won't have any funds to learn in the first place.
Responsibly investing or trading their money is essential in the long run for them to be successful.
Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.
Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
Most influencers open paid classes or seek their own profit so we have to be careful. Your suggestion is good, for newbies it is better to choose good friends who are willing to share knowledge or become mentors. because in investment and trading requires knowledge and skills, this is something that is difficult and cannot be mastered quickly.
And if there are no friends for that - you should just stick to free materials that won't incentivize additional costs for them.
Otherwise, you may lose your funds for nothing, basically.
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Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.
Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
Most influencers open paid classes or seek their own profit so we have to be careful. Your suggestion is good, for newbies it is better to choose good friends who are willing to share knowledge or become mentors. because in investment and trading requires knowledge and skills, this is something that is difficult and cannot be mastered quickly.
It will not be easy to find such friends, who are ready to guide beginners, but I think most of us here will be very willing to help them when they come to us, not to be teachers but to share our experiences and knowledge.
You are right, this is not usually mastered in a very fast time, so patience is needed. When beginners are impatient and they do not have friends to ask or share experiences with, then they will give up faster in my opinion.
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Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.
Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
Most influencers open paid classes or seek their own profit so we have to be careful. Your suggestion is good, for newbies it is better to choose good friends who are willing to share knowledge or become mentors. because in investment and trading requires knowledge and skills, this is something that is difficult and cannot be mastered quickly.
It will not be easy to find such friends, who are ready to guide beginners, but I think most of us here will be very willing to help them when they come to us, not to be teachers but to share our experiences and knowledge.
You are right, this is not usually mastered in a very fast time, so patience is needed. When beginners are impatient and they do not have friends to ask or share experiences with, then they will give up faster in my opinion.
Actually, newbies can learn from many things that they can get from this forum, they can ask seniors here and get knowledge and experience from them. I see many senior members who want to share knowledge and experience here, so as newbies must be more active in asking and learning.
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If for trusted coins like Bitcoin or Ethereum, the right answer is definitely "HODL", but in fact, many of them choose other altcoins to seek profit in the short term. As far as I know, HODL is for the long term and it is appropriate for Bitcoin and Ethereum to be HOLD in the long term.
If for altcoins, especially those altcoins that are below the 100 Coinmarketcap ranking, after being bought and then the price increases and is profitable, they will immediately be sold, maybe they have the same thoughts as me because they are afraid that the altcoins will fall again and even be worthless at some point in the future.
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As far as the halving goes, it's effects are not immediate and we have to wait for a couple of months before holders get to benefit from this.
And at this point am starting to think the more institutional money comes into crypto, the more likely it's going to slow down it's growth because this money comes with so much manipulation in trying to get cheap coins from weak hands so not sure if holding is lucrative enough as an investment strategy because ROI Vs the time one has to hodl doesn't correlate.
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It will not be easy to find such friends, who are ready to guide beginners, but I think most of us here will be very willing to help them when they come to us, not to be teachers but to share our experiences and knowledge.
You are right, this is not usually mastered in a very fast time, so patience is needed. When beginners are impatient and they do not have friends to aences with, then they will give up faster in my opinion.
Actually, newbies can learn from many things that they can get from this forum, they can ask seniors here and get knowledge and experience from them. I see many senior members who want to share knowledge and experience here, so as newbies must be more active in asking and learning.
Well, don't be shy to ask rather than having to get a bitter experience later. I would appreciate people who want to ask, because that way we can judge that their curiosity is very high.
Even those of us who have been here before also often ask if there is something we don't understand, because there will always be something new in this room, that's why we are required to continue learning.
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When it comes to crypto, just hold your crypto investments with patience. the one who invested bitcoin in 2013, they are become millionaire now. we have to wait to grab the wonderful.
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It will not be easy to find such friends, who are ready to guide beginners, but I think most of us here will be very willing to help them when they come to us, not to be teachers but to share our experiences and knowledge.
You are right, this is not usually mastered in a very fast time, so patience is needed. When beginners are impatient and they do not have friends to aences with, then they will give up faster in my opinion.
Actually, newbies can learn from many things that they can get from this forum, they can ask seniors here and get knowledge and experience from them. I see many senior members who want to share knowledge and experience here, so as newbies must be more active in asking and learning.
Well, don't be shy to ask rather than having to get a bitter experience later. I would appreciate people who want to ask, because that way we can judge that their curiosity is very high.
Even those of us who have been here before also often ask if there is something we don't understand, because there will always be something new in this room, that's why we are required to continue learning.
If we don't understand, we should ask and open a thread here, but most people are embarrassed to do that, especially newbies. because many people can get knowledge and experience in crypto forums, I also first learned crypto in forums and read everyone's experiences until I can survive until today.
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Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.
There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.
Yeah, but I think those are the most important for newbies.
Otherwise, they won't have any funds to learn in the first place.
Responsibly investing or trading their money is essential in the long run for them to be successful.
Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.
Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
Most influencers open paid classes or seek their own profit so we have to be careful. Your suggestion is good, for newbies it is better to choose good friends who are willing to share knowledge or become mentors. because in investment and trading requires knowledge and skills, this is something that is difficult and cannot be mastered quickly.
To profit from trading one must have good experience in trading. If a person has no experience in trading then he should gain experience in trading and then start trading slowly. Many newbies lose huge amounts of money in trading despite having no experience. For some small mistakes. There are some people who may think that trading is very easy and there is a lot of profit from it. Those who think like that are totally wrong. Yes, trading can be profitable only when a person has experience about trading. There will be very little chance of losing money while trading with it, then some profit can be made. Even if there are some losses, we have to accept them and continue trading and keep a cool head and recover the lost money.
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If for trusted coins like Bitcoin or Ethereum, the right answer is definitely "HODL", but in fact, many of them choose other altcoins to seek profit in the short term. As far as I know, HODL is for the long term and it is appropriate for Bitcoin and Ethereum to be HOLD in the long term.
If for altcoins, especially those altcoins that are below the 100 Coinmarketcap ranking, after being bought and then the price increases and is profitable, they will immediately be sold, maybe they have the same thoughts as me because they are afraid that the altcoins will fall again and even be worthless at some point in the future.
You just need to look at Bcash as an example. Once highly vaunted at $4000, it fell down to like $100-$300 very quickly and has never been back since.
It just shows you the danger of holding amounts of any coin that have fallen out of favor with the community. The only difference here is that Bcash took a long time to fall since it still had a base. But these tokens have no loyal userbase, they're all here to make money and sell.
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To hold naturally relates to buying and holding an asset. Suppose you buy bitcoin and hold it for a long time for a big profit. It is essentially a long term passive game where investors buy assets and hold them regardless of market conditions. This can be a convenient approach for those who prefer hands off investing because they don't need to worry about short-term fluctuations or capital gains taxes. Buy and hold now is the way to go since the best coins have dropped in price at the moment. We should play investment scam with top ranking coins directly from cmc site.
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Seeing how we are at around 60k levels, I can say we are not going to end up with anything marginal as a problem, it should be something that is fine and dandy in the end. I am aware how we are not looking at anything too specific at the moment, but we are going to end up with a good deal when the time comes. I personally believe the best way to approach right now is buying, if we can keep buying then we are going to make some good amount of money from it. Too many people sell and this is why we went lower, and this is a mistake, we shouldn't sell and we should keep buying as much as we can.
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Seeing how we are at around 60k levels, I can say we are not going to end up with anything marginal as a problem, it should be something that is fine and dandy in the end. I am aware how we are not looking at anything too specific at the moment, but we are going to end up with a good deal when the time comes. I personally believe the best way to approach right now is buying, if we can keep buying then we are going to make some good amount of money from it. Too many people sell and this is why we went lower, and this is a mistake, we shouldn't sell and we should keep buying as much as we can.
The current market condition is in correction and bitcoin price is down to $58K, I think the best thing we can do is buy potential coins and start holding them. And I think bitcoin is likely to go down again because my war is affecting the crypto market. Some big investors are also waiting for the US presidential election results, it seems.
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To hold naturally relates to buying and holding an asset. Suppose you buy bitcoin and hold it for a long time for a big profit. It is essentially a long term passive game where investors buy assets and hold them regardless of market conditions. This can be a convenient approach for those who prefer hands off investing because they don't need to worry about short-term fluctuations or capital gains taxes. Buy and hold now is the way to go since the best coins have dropped in price at the moment. We should play investment scam with top ranking coins directly from cmc site.
passive investing by buying and holding is a convenient way for those who do not have time to trade because trading is not an easy thing to do, we must focus and be able to analyze properly. experience will make a trader able to make a profit because the crypto suit market is predictable. To be active in crypto, we can start practicing trading skills.
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To hold naturally relates to buying and holding an asset. Suppose you buy bitcoin and hold it for a long time for a big profit. It is essentially a long term passive game where investors buy assets and hold them regardless of market conditions. This can be a convenient approach for those who prefer hands off investing because they don't need to worry about short-term fluctuations or capital gains taxes. Buy and hold now is the way to go since the best coins have dropped in price at the moment. We should play investment scam with top ranking coins directly from cmc site.
passive investing by buying and holding is a convenient way for those who do not have time to trade because trading is not an easy thing to do, we must focus and be able to analyze properly. experience will make a trader able to make a profit because the crypto suit market is predictable. To be active in crypto, we can start practicing trading skills.
Actually, passive investment with the buy and hold strategy is effective for those who cannot everyday trade, as trading implies detailed analysis and concentration. In the long run, a trader is likely to master the rhythmic movement of a particular market and take advantage of the volatility to make profit but the crypto market is still full of risk and unpredictability that must be expected. In this case, and for participants willing to be more engaged, trading can be a good way to practice such skills in order to be better prepared for a market dynamics that continues to change at an accelerated pace.
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To profit from trading one must have good experience in trading. If a person has no experience in trading then he should gain experience in trading and then start trading slowly. Many newbies lose huge amounts of money in trading despite having no experience. For some small mistakes. There are some people who may think that trading is very easy and there is a lot of profit from it. Those who think like that are totally wrong. Yes, trading can be profitable only when a person has experience about trading. There will be very little chance of losing money while trading with it, then some profit can be made. Even if there are some losses, we have to accept them and continue trading and keep a cool head and recover the lost money.
Trading is not quite easy; it's very difficult and risky for one to start up with without mastering the act of trading.
A newbie who starts up their journey in crypto shouldn't be encouraged to start up with trading because of how profitable it does seem. They should be advised to have a basic knowledge of crypto, and from there, they start by investing in Bitcoin for the long term. Trading should come last of what to thought of because that requires a lot of expertise before becoming a pro trader.
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Trading is not quite easy; it's very difficult and risky for one to start up with without mastering the act of trading.
A newbie who starts up their journey in crypto shouldn't be encouraged to start up with trading because of how profitable it does seem. They should be advised to have a basic knowledge of crypto, and from there, they start by investing in Bitcoin for the long term. Trading should come last of what to thought of because that requires a lot of expertise before becoming a pro trader.
I agree with you trading is not easy for newbies because they must have basic knowledge about crypto, analysis and have experience and skills in making strategies and predictions. it is not easy to become a trader and must go through a long process and sometimes also experience losses due to wrong analysis and strategy.
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I agree with you trading is not easy for newbies because they must have basic knowledge about crypto, analysis and have experience and skills in making strategies and predictions. it is not easy to become a trader and must go through a long process and sometimes also experience losses due to wrong analysis and strategy.
Yes, trading is very complicated, difficult to learn and high risk. For beginners who haven't learned how, isn't it like gambling? Because they just randomly place positions without knowing the market's possible direction, or place at what price, and what TP, maybe they don't even understand the function of SL so they just place them. This is really risky.
If you are a newbie, it's better to learn first, especially if you want to take coins, it's better to just take top coins, BTC or ETH which are certain, or if you want smaller ones, you can go to BNB, TON and SOL which are currently popular. This is also very good for long term or short term results. So it's better to just make investments that are certain.
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I agree with you trading is not easy for newbies because they must have basic knowledge about crypto, analysis and have experience and skills in making strategies and predictions. it is not easy to become a trader and must go through a long process and sometimes also experience losses due to wrong analysis and strategy.
Yes, trading is very complicated, difficult to learn and high risk. For beginners who haven't learned how, isn't it like gambling? Because they just randomly place positions without knowing the market's possible direction, or place at what price, and what TP, maybe they don't even understand the function of SL so they just place them. This is really risky.
If you are a newbie, it's better to learn first, especially if you want to take coins, it's better to just take top coins, BTC or ETH which are certain, or if you want smaller ones, you can go to BNB, TON and SOL which are currently popular. This is also very good for long term or short term results. So it's better to just make investments that are certain.
I agree with you to take BNB, Solana and Ton for trading, because I also use the coin.
In trade we need to always exercise to make analysis and strategy because the crypto market is very volatile and in the age of age we cannot only depend on luck, we must be able to learn to make the right analysis and predictions in order to benefit.
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Seeing how we are at around 60k levels, I can say we are not going to end up with anything marginal as a problem, it should be something that is fine and dandy in the end. I am aware how we are not looking at anything too specific at the moment, but we are going to end up with a good deal when the time comes. I personally believe the best way to approach right now is buying, if we can keep buying then we are going to make some good amount of money from it. Too many people sell and this is why we went lower, and this is a mistake, we shouldn't sell and we should keep buying as much as we can.
The current market condition is in correction and bitcoin price is down to $58K, I think the best thing we can do is buy potential coins and start holding them. And I think bitcoin is likely to go down again because my war is affecting the crypto market. Some big investors are also waiting for the US presidential election results, it seems.
Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount. Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
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Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount. Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
I have sold some of my coins when bitcoin price reached $73K and now I am waiting for correction to buy some potential coins and of course bitcoin is the priority coin that I will buy.
because based on some predictions circulating the crypto market will experience a correction in early November so I have prepared USD in my wallet. and prepare to buy when the market goes down.
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Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount. Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
I have sold some of my coins when bitcoin price reached $73K and now I am waiting for correction to buy some potential coins and of course bitcoin is the priority coin that I will buy.
because based on some predictions circulating the crypto market will experience a correction in early November so I have prepared USD in my wallet. and prepare to buy when the market goes down.
Well, The action of selling assets when prices are high and holding USD when bottom fishing starts is a good idea. In that manner, we will be in a position to capitalize on a chance to repurchase potential coins such as bitcoin at a cheaper price.
The expectation of a correction till the end this year provides us with an ideal opportunity to gain entry at the best point to consolidate the portfolio. USD holdings ensure high maneuverability when it comes to purchasing cryptocurrencies as their price is low and no time for hesitation is needed.
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Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount. Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
I have sold some of my coins when bitcoin price reached $73K and now I am waiting for correction to buy some potential coins and of course bitcoin is the priority coin that I will buy.
because based on some predictions circulating the crypto market will experience a correction in early November so I have prepared USD in my wallet. and prepare to buy when the market goes down.
That is a good step you have taken but I must tell you that you shouldn't feel more relaxed over the price experiencing correction, slacking on your investment may actually make you lose more in my opinion instead try to apply to the DCA method to enable you accumulate much volume of bitcoin. Like what I can observe now is that Bitcoin might fall only within that level and may not go dip as well expecting to buy very cheap.
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Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount. Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
I have sold some of my coins when bitcoin price reached $73K and now I am waiting for correction to buy some potential coins and of course bitcoin is the priority coin that I will buy.
because based on some predictions circulating the crypto market will experience a correction in early November so I have prepared USD in my wallet. and prepare to buy when the market goes down.
That is a good step you have taken but I must tell you that you shouldn't feel more relaxed over the price experiencing correction, slacking on your investment may actually make you lose more in my opinion instead try to apply to the DCA method to enable you accumulate much volume of bitcoin. Like what I can observe now is that Bitcoin might fall only within that level and may not go dip as well expecting to buy very cheap.
This step is good though this is a point at which some of us can be a little relaxed when the price is corrected because it can lead to further loss. However, as we shall see when applying the DCA method, one can gradually ramp up the amount of Bitcoin that they possess. This means that we are able to continue accumulation even if the share price changes, and therefore we still can make money even if the market does not drop to the level we have planned for.
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This step is good though this is a point at which some of us can be a little relaxed when the price is corrected because it can lead to further loss. However, as we shall see when applying the DCA method, one can gradually ramp up the amount of Bitcoin that they possess. This means that we are able to continue accumulation even if the share price changes, and therefore we still can make money even if the market does not drop to the level we have planned for.
When the price adjusts we are able to observe the ability to gradually accumulate Bitcoin. By staying with the method that you now practice, we are able to keep on investing, no matter the fluctuations of price, which are not much of a problem if they are momentary. Here the view is that it is always possible to include assets even if the price offering in the market is different from expectations. It is imperative that we continue always to play one or two steps ahead so that if the market returns back up, our position is excellent to get improved results.