Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sonaa on August 29, 2024, 03:12:17 PM
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
Who said so OP? The crypto currency space is a very vast space and has a very huge audience and users thus you have a higher chance of coming across scammers and hackers. The internet is a nice place and similarly it could also be a dangerous place if you are not careful and scam cautious. Majority of the scams that occur today are carried out on the internet and the whole digital and crypto currency world has the internet as its backbone therefore that's enough to say that the internet has a lot of risks out there.
It is now left for you as the user to understand how to carry out you internet activities without being scammed. Also with crypto investments , you have a higher chance of losing all your funds to a failed investment.
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We know that crypto currency is one of the best profitable section in the cryptocurrency world. We also know that crypto market is always depending on profit or loss. We know that trading is the best profitable side into the crypto market. But we also know that it will be risky for new person. Because an expert trader can be mostly benefited. We also know that investment is the best earning way to the crypto currency market. So at last we told that loss and profit are must be include in cryptocurrency market.
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Who said so OP? The crypto currency space is a very vast space and has a very huge audience and users thus you have a higher chance of coming across scammers and hackers. The internet is a nice place and similarly it could also be a dangerous place if you are not careful and scam cautious. Majority of the scams that occur today are carried out on the internet and the whole digital and crypto currency world has the internet as its backbone therefore that's enough to say that the internet has a lot of risks out there.
It is now left for you as the user to understand how to carry out you internet activities without being scammed. Also with crypto investments , you have a higher chance of losing all your funds to a failed investment.
Hmmmm... That is bitter truth that cryptocurrency world is risky place because it is online and has a lot of users. Internet is useful but it is also where many scams happen. People need to be careful and learn how to use internet safely. Investing in cryptocurrency can be risky and we might lose all our money. So it is good to be careful and make good choices which will helpful in future.
But investing in cryptocurrency can be rewarding too but risks are real so we can not ignore them. So to stay safe we need to know about risks we should do our research and check facts and spread out our investments. To be safe online and successful with investments we should be informed more careful and should always make good decisions to be safe.
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We know that crypto currency is one of the best profitable section in the cryptocurrency world. We also know that crypto market is always depending on profit or loss. We know that trading is the best profitable side into the crypto market. But we also know that it will be risky for new person. Because an expert trader can be mostly benefited. We also know that investment is the best earning way to the crypto currency market. So at last we told that loss and profit are must be include in cryptocurrency market.
You're right cryptocurrency trading and investing both have the potential to be highly profitable, but they come with significant risks, especially for those who are new to the market. The crypto market is known for its volatility, where prices can swing dramatically in short periods. This means that while there are opportunities for substantial gains, there's also the potential for significant losses.💪
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People enter the crypto world, 100% of the goal is to increase their FIAT money. There is no advantage of Crypto currency that exceeds the FIAT currency, if Cryptocurreny is more important then we don't need to exchange the crypto we have with FIAT.
That's not it my friend, please remind me if I'm wrong in my opinion.
And again, the potential for fraud here is greater than with conventional money!
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Every business has a profit and loss account but some businesses have more risk and some have more profit. Cryptocurrency from within is one of the best profitable trand worlds in the cryptocurrency world. The more experience you can invest here, the more profitable you will be. Again by trading you can earn a lot of money daily but for that you need to practice and improve your skills. I think the more experience you get in crypto the faster you will become a successful investor.
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Every business has a profit and loss account but some businesses have more risk and some have more profit. Cryptocurrency from within is one of the best profitable trand worlds in the cryptocurrency world. The more experience you can invest here, the more profitable you will be. Again by trading you can earn a lot of money daily but for that you need to practice and improve your skills. I think the more experience you get in crypto the faster you will become a successful investor.
trading can make us profit, but we must have experience and expertise in trading. Because it is not easy to get that profit, because we will also lose. I agree if you say we must have a lot of experience in order to get more profit than loss.
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We know that crypto currency is one of the best profitable section in the cryptocurrency world. We also know that crypto market is always depending on profit or loss. We know that trading is the best profitable side into the crypto market. But we also know that it will be risky for new person. Because an expert trader can be mostly benefited. We also know that investment is the best earning way to the crypto currency market. So at last we told that loss and profit are must be include in cryptocurrency market.
Cryptocurrency is the most profitable sector, but it is also the most losing sector. So many compare it to gambling. However, crypto trading or holding cannot be compared to gambling. However trading crypto is bound to make losses and no one can guarantee that he will profit every time. So trade with that risk and responsibility. But in case of holding, the possibility of loss is very less because if you hold for a long time, even if the price of the coin falls, it recovers again. Because of which it cannot be loss. there are positive and negative aspects of each sector so accept them and accept your own responsibility and then work in that sector.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
You said cryptocurrency has higher return right and then you are concern about the Volatility. If there is no high or extreme volatility, how do you make insane profits you are talking about or do you think the profit just fell from above and people claim to be profitable. It's not, it's that same volatility you fear that can gave profits but the down side of it is the problem with market loss.
However, if you fear that about the loss, why not just buy and hold your coin and then forget about it and then check back when you see that crypto season has begun his crazy profitable run. You will see the good side of crypto or Bitcoin
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
The volatile part of it is what makes it more interesting and attractive to a lot of investors that are inventing in it. Also, traders that knows how the market operates take part in this volatile market to earn the most of it to their own advantage after being able to predict the market and know its next move.
What you don’t understand is that the volatile nature of the market is what makes it more risky and the more the risk, the more the profit, or the more the risk taken the more losses that will be incurred. The market is not so controversial if you understand it and know your stance on how to handle its nature whether as an investor or as a trader.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
You said cryptocurrency has higher return right and then you are concern about the Volatility. If there is no high or extreme volatility, how do you make insane profits you are talking about or do you think the profit just fell from above and people claim to be profitable. It's not, it's that same volatility you fear that can gave profits but the down side of it is the problem with market loss.
However, if you fear that about the loss, why not just buy and hold your coin and then forget about it and then check back when you see that crypto season has begun his crazy profitable run. You will see the good side of crypto or Bitcoin
Better yet put a stop-profit or a bot and see the magic of holding, albeit only with the sum you are willing to "freeze", so to speak.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
The volatile part of it is what makes it more interesting and attractive to a lot of investors that are inventing in it. Also, traders that knows how the market operates take part in this volatile market to earn the most of it to their own advantage after being able to predict the market and know its next move.
What you don’t understand is that the volatile nature of the market is what makes it more risky and the more the risk, the more the profit, or the more the risk taken the more losses that will be incurred. The market is not so controversial if you understand it and know your stance on how to handle its nature whether as an investor or as a trader.
Profit and loss in investing is something common and the function of experience and knowledge will answer it, because with the experience we have we can minimize losses and increase opportunities to gain profits. because the market is volatile we can take the opportunity to buy when the market is down, but it is not that easy because we must have a good analysis.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
I highly disagree with you, and it's totally wrong to say that there's less chance of fraud in crypto currencies because of its digital nature. If you check Solana based meme coins or other blockchain based meme coins on sites like Dexscreener then you'll see that so much fraud is taking place in crypto world.
I know if we stick to Bitcoin and well known Altcoins then we can somehow be safe from the frauds and rug pulls but if someone goes towards meme coins or degen stuff then he/she must understand that there are so many frauds creating coins and looting money of the investors.
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Profit and loss are available in cryptocurrency market even every sector. And it is more appropriate for cryptocurrency market. Huge profite is possible here and huge loss also possible here within short time. Anyone can be Rich even anyone can Bancroft within short time within short time from cryptocurrency market.
So we have to educated about cryptocurrency market. Then we will be able to reduce maximum loss and get profit from cryptocurrency market.
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Yeah cryptocurrencies reduce fraud and can offer high returns, but they are also known to come with risks, like price swings and many others. Their strength lies in being less affected by things like demonetization, but we should just stay aware of the security and regulation challenges that come with them. However, it is very important to be cautious and informed when investing in the crpto space.
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Yeah cryptocurrencies reduce fraud and can offer high returns, but they are also known to come with risks, like price swings and many others. Their strength lies in being less affected by things like demonetization, but we should just stay aware of the security and regulation challenges that come with them. However, it is very important to be cautious and informed when investing in the crpto space.
Although Cryptocurrency currency tries to reduce fraud but we must remain careful because currently many crimes are utilizing Cryptocurrency as one of the digital currencies used for money laundering as well. For me as a trader then this should be good news because more and more people will use Cryptocurrency and provide an opportunity for Cryptocurrency to have a high price.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
Crypto currency is filled with a limitless and lifetime opportunities, I always advise people not to rush in and out of the market, first of all any your investment in crypto currency should be long term in order for you to have a highly significant profit. So many people buy Bitcoin and always check in to see if it's appreciating or depreciating, this would only make you anxious and tensed. Invest an amount of money you can afford to lose just in case
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
Cryptocurrency is not as easy as you said with making profits because a lot of coins was created into the market to scam people who likes to invest little and expect big returns within a short period of time. Bitcoin is not the only cryptocurrency that volatility affects her price because altcoins have higher volatility than Bitcoin and their price can increase x1000 and dump in notime without recovering. But bitcoin is not the same because whenever it dips, the price recovers and pump higher than the initial price.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
I think in crypto space fraud is quite common due to it's decentralized nature. There are maybe a lot of investors getting rugged every single day in crypto mostly newbies or average investors who are not doing their own due deligence. But the most common is that crypto is very volatile and we should be aware of the risk it brings.
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Any body that is venturing into cryptocurrency is supposed to be aware about the volatile nature of cryptocurrency before investing, some people rush into investing into any random altcoin and end up regretting later when they experience huge lose and the reason why some people rush into cryptocurrency without having a good knowledge about it is because they see it as a kind of get rich quick scheme while it's not. The possibility of making a quick profit from altcoin investment is based on luck. So, anyone that in venturing into crypto should make sure they have learned about its cons and pros.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
Crypto currency with profit and loss. But knowing the right rules and taking steps here, the amount of profit is high. It is possible to earn here through investing. But it must be a trusted coin. If you fall victim to a scam, you will face losses. Again trading is a profitable section.
Many people make a lot of profit through trading. Again for the wrong trade one has to face huge loss. Trading is a very risky business. Therefore, investing and trading in crypto currencies should be done with discretion. Otherwise, you will have to face big losses
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Any body that is venturing into cryptocurrency is supposed to be aware about the volatile nature of cryptocurrency before investing, some people rush into investing into any random altcoin and end up regretting later when they experience huge lose and the reason why some people rush into cryptocurrency without having a good knowledge about it is because they see it as a kind of get rich quick scheme while it's not. The possibility of making a quick profit from altcoin investment is based on luck. So, anyone that in venturing into crypto should make sure they have learned about its cons and pros.
In investing in crypto we must have knowledge about crypto, especially the crypto market is very volatile, it is very risky if they do not understand the character of the crypto market. We do research, study the coins that we will choose before deciding to buy. Because our main goal in investing is profit even though sometimes we will also experience loss. But we must be able to minimize losses by increasing the opportunity to make a profit.
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There are no business in the world today that has no profit or loss situations, even in our local markets where we engage in buying and selling of foods and beverages, there exists profit and some times losses too. Cryptocurrency is not excepted, and it is a well known facts that the crypto market is volatile, therefore the possibilities to either make profit or loss are certain.
Now, trading crypto efficiently with less losses, you are required to learn the basics to become highly experienced trader. It involves consistency with market trends and also learning from more experienced traders. Again, it involves defining your goals, risk tolerance, entry and exit criteria etc.
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In investing in crypto we must have knowledge about crypto, especially the crypto market is very volatile, it is very risky if they do not understand the character of the crypto market.
Yes, the ones who lack knowledge about crypto currencies often end up losing money in crypto market.
The market is quite volatile and those who don't understand the volatility of the market are the ones who lose a lot of money in crypto world.
If someone really wants to earn profit from crypto market then that person should consider learning about the volatility of the market first.
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There are no business in the world today that has no profit or loss situations, even in our local markets where we engage in buying and selling of foods and beverages, there exists profit and some times losses too. Cryptocurrency is not excepted, and it is a well known facts that the crypto market is volatile, therefore the possibilities to either make profit or loss are certain.
Now, trading crypto efficiently with less losses, you are required to learn the basics to become highly experienced trader. It involves consistency with market trends and also learning from more experienced traders. Again, it involves defining your goals, risk tolerance, entry and exit criteria etc.
Every investment is faced with profit and loss, it depends on how we manage our money in investing so that it can generate profit. because we will also always be faced with losses if we do the analysis wrong. Moreover, investing in crypto which is very volatile, the possibility of loss will also be greater if we trade there and do not have expertise.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Currency digitalization does have quite an impact on the high and low levels of fraud that occur... but what I know is that with this digital currency, fraud is also easier to do, because it will happen online and fraudsters are able to reach more victims. The advantage of digital currency lies in the ease of access because it can be done anywhere, anytime. Likewise, fraud against digital currency holders, victims can also have the possibility of being cheated anywhere and anytime, right?
What needs to be considered is to try as much as possible to continue using digital currency as needed... because it also has a big risk if you become a victim of hacking that can happen at unexpected times.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
It’s true when wallets are protected properly it reduces the likelihood of fraud and scam and it’s volatile nature makes it possible to profit from it, transactions are made easier, payments can be done online directly to other people’s wallet without any authorization from a third party. It benefits are quite numerous but we can’t always overlook the risk involved in it, it can yield high returns as well as losses that’s why investing have been done with caution. Compared to other cryptocurrencies i don’t think bitcoin is more volatile than other cryptocurrencies because of it’s potential to recover from unexpected crashes.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Currency digitalization does have quite an impact on the high and low levels of fraud that occur... but what I know is that with this digital currency, fraud is also easier to do, because it will happen online and fraudsters are able to reach more victims. The advantage of digital currency lies in the ease of access because it can be done anywhere, anytime. Likewise, fraud against digital currency holders, victims can also have the possibility of being cheated anywhere and anytime, right?
What needs to be considered is to try as much as possible to continue using digital currency as needed... because it also has a big risk if you become a victim of hacking that can happen at unexpected times.
It's both a pros and con of digital currencies like crypto.
Usually, people can just sign up for things that they think are beneficial to them, but that would be just a contract that would drain your funds.
And your keys are yours to secure, there is no authority over them. It would be your loss if hackers got them somehow.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Currency digitalization does have quite an impact on the high and low levels of fraud that occur... but what I know is that with this digital currency, fraud is also easier to do, because it will happen online and fraudsters are able to reach more victims. The advantage of digital currency lies in the ease of access because it can be done anywhere, anytime. Likewise, fraud against digital currency holders, victims can also have the possibility of being cheated anywhere and anytime, right?
What needs to be considered is to try as much as possible to continue using digital currency as needed... because it also has a big risk if you become a victim of hacking that can happen at unexpected times.
You are right, the ease of crypto currency will be exploited by scammers to launch their tricks to find victims who can be deceived, and the facts are there. Our ease in accessing and transacting in crypto often brings us to face the threat of fraudsters who carry out their actions there, but as people who have invested in crypto for about 7 years, we already understand their actions, remain careful in making transactions in crypto.
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You are right, the ease of crypto currency will be exploited by scammers to launch their tricks to find victims who can be deceived, and the facts are there. Our ease in accessing and transacting in crypto often brings us to face the threat of fraudsters who carry out their actions there, but as people who have invested in crypto for about 7 years, we already understand their actions, remain careful in making transactions in crypto.
Indeed, one could safely assert that seven years of active participation in the crypto-world must have provided ample of lessons and insights. It would be interesting to let others know of the strategies or incidents that you undertake or encounter, so they don’t have to be the same victim of deceit. Additionally, there is a possibility to continue with several practices, such as tracking emerging trends in technologies and laws related to cryptocurrencies. The world is changing at a faster rate, therefore being informed enhances our ability to make safer transactions or decisions.
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You are right, the ease of crypto currency will be exploited by scammers to launch their tricks to find victims who can be deceived, and the facts are there. Our ease in accessing and transacting in crypto often brings us to face the threat of fraudsters who carry out their actions there, but as people who have invested in crypto for about 7 years, we already understand their actions, remain careful in making transactions in crypto.
Indeed, one could safely assert that seven years of active participation in the crypto-world must have provided ample of lessons and insights. It would be interesting to let others know of the strategies or incidents that you undertake or encounter, so they don’t have to be the same victim of deceit. Additionally, there is a possibility to continue with several practices, such as tracking emerging trends in technologies and laws related to cryptocurrencies. The world is changing at a faster rate, therefore being informed enhances our ability to make safer transactions or decisions.
Sounds really reasonable. There are still new ways to get to somebody's funds or to trick them into doing something that would harm them, and it's really unfortunate. We should strive to stay vigilant and share such experiences so that we won't get into situations like that.
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You are right, the ease of crypto currency will be exploited by scammers to launch their tricks to find victims who can be deceived, and the facts are there. Our ease in accessing and transacting in crypto often brings us to face the threat of fraudsters who carry out their actions there, but as people who have invested in crypto for about 7 years, we already understand their actions, remain careful in making transactions in crypto.
Indeed, one could safely assert that seven years of active participation in the crypto-world must have provided ample of lessons and insights. It would be interesting to let others know of the strategies or incidents that you undertake or encounter, so they don’t have to be the same victim of deceit. Additionally, there is a possibility to continue with several practices, such as tracking emerging trends in technologies and laws related to cryptocurrencies. The world is changing at a faster rate, therefore being informed enhances our ability to make safer transactions or decisions.
Sounds really reasonable. There are still new ways to get to somebody's funds or to trick them into doing something that would harm them, and it's really unfortunate. We should strive to stay vigilant and share such experiences so that we won't get into situations like that.
I agree with that. Even in real life there are so many scammers, how much more the cryptocurrency that is big money being talked about here. So we should really know what we are doing with cryptocurrency because money is involved. If we are not sure what to do to make a safe transaction, we should do some research. Let's not rush, let's make sure the things we decide.
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You are right, the ease of crypto currency will be exploited by scammers to launch their tricks to find victims who can be deceived, and the facts are there. Our ease in accessing and transacting in crypto often brings us to face the threat of fraudsters who carry out their actions there, but as people who have invested in crypto for about 7 years, we already understand their actions, remain careful in making transactions in crypto.
Indeed, one could safely assert that seven years of active participation in the crypto-world must have provided ample of lessons and insights. It would be interesting to let others know of the strategies or incidents that you undertake or encounter, so they don’t have to be the same victim of deceit. Additionally, there is a possibility to continue with several practices, such as tracking emerging trends in technologies and laws related to cryptocurrencies. The world is changing at a faster rate, therefore being informed enhances our ability to make safer transactions or decisions.
Sounds really reasonable. There are still new ways to get to somebody's funds or to trick them into doing something that would harm them, and it's really unfortunate. We should strive to stay vigilant and share such experiences so that we won't get into situations like that.
I agree with that. Even in real life there are so many scammers, how much more the cryptocurrency that is big money being talked about here. So we should really know what we are doing with cryptocurrency because money is involved. If we are not sure what to do to make a safe transaction, we should do some research. Let's not rush, let's make sure the things we decide.
Golden words.
Self-responsibility should be a corner stone for anybody who starts using crypto, and in general too.
There are lots of ways people try to outsmart others to scam them, but that shouldn't discourage us. To the contrary, we should strive to become better with their futile attempts.
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Golden words.
Self-responsibility should be a corner stone for anybody who starts using crypto, and in general too.
There are lots of ways people try to outsmart others to scam them, but that shouldn't discourage us. To the contrary, we should strive to become better with their futile attempts.
We must always be better and learn from past mistakes. We may have been scammed in the past because the promises of scammers were very attractive by giving big profits. We must always be careful and seek knowledge in crypto, because if we do not have knowledge and experience, it is difficult to get profit and can become victims of scammers.
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For now, I avoid investment or trade in cryptocurrency because the speed of rising and falling can not be controlled and this is very dangerous for me personally including mental health and personal finance. I better invest in gold in order to get ROI that is clearly visible in front of my eyes because cryptocurrency can go down and rise at any time.
For example, I invest in ETH with a value of $ 100, then tomorrow it drops to 90, 80, 70 dollars and for rising we do not know when, while for daily needs we definitely need money or profits from our investment in ETH.
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For now, I avoid investment or trade in cryptocurrency because the speed of rising and falling can not be controlled and this is very dangerous for me personally including mental health and personal finance. I better invest in gold in order to get ROI that is clearly visible in front of my eyes because cryptocurrency can go down and rise at any time.
For example, I invest in ETH with a value of $ 100, then tomorrow it drops to 90, 80, 70 dollars and for rising we do not know when, while for daily needs we definitely need money or profits from our investment in ETH.
You have to take the investment decision by considering your ability. If you are not ready to invest in crypto considering its volatility then no problem. But if you hope to get more profitable from the investment based on the potential, I think crypto platform is best suited. There are risks involved in investing in this platform, but long-term investment has a higher chance of making profit. But the investor must choose the right platform for investment. Bitcoin is the best platform for investment but need long term planning. Short-term investors rather lose they invest in Bitcoin. Those who do not have enough investment assets i also suggest not to invest. Especially who don't have long-term holding ability.
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For now, I avoid investment or trade in cryptocurrency because the speed of rising and falling can not be controlled and this is very dangerous for me personally including mental health and personal finance. I better invest in gold in order to get ROI that is clearly visible in front of my eyes because cryptocurrency can go down and rise at any time.
For example, I invest in ETH with a value of $ 100, then tomorrow it drops to 90, 80, 70 dollars and for rising we do not know when, while for daily needs we definitely need money or profits from our investment in ETH.
You have to take the investment decision by considering your ability. If you are not ready to invest in crypto considering its volatility then no problem. But if you hope to get more profitable from the investment based on the potential, I think crypto platform is best suited. There are risks involved in investing in this platform, but long-term investment has a higher chance of making profit. But the investor must choose the right platform for investment. Bitcoin is the best platform for investment but need long term planning. Short-term investors rather lose they invest in Bitcoin. Those who do not have enough investment assets i also suggest not to invest. Especially who don't have long-term holding ability.
Those who can't afford to hold long-term investments should stay away from investing, as this will expose them to more losses, as crypto investing is not a get-rich-quick strategy. Here an investor must hold for a long period of time without diluting his holdings.
Those who cannot afford long-term holdings will have to rely on this invested money when they run into trouble, and at that moment they may even face losses if they sell their holdings, as crypto investments are extremely volatile.
So before investing in crypto you must have a reliable income that will definitely pay you on a weekly or monthly basis. So that your holding is not damaged under any circumstances.
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For now, I avoid investment or trade in cryptocurrency because the speed of rising and falling can not be controlled and this is very dangerous for me personally including mental health and personal finance. I better invest in gold in order to get ROI that is clearly visible in front of my eyes because cryptocurrency can go down and rise at any time.
For example, I invest in ETH with a value of $ 100, then tomorrow it drops to 90, 80, 70 dollars and for rising we do not know when, while for daily needs we definitely need money or profits from our investment in ETH.
You have to take the investment decision by considering your ability. If you are not ready to invest in crypto considering its volatility then no problem. But if you hope to get more profitable from the investment based on the potential, I think crypto platform is best suited. There are risks involved in investing in this platform, but long-term investment has a higher chance of making profit. But the investor must choose the right platform for investment. Bitcoin is the best platform for investment but need long term planning. Short-term investors rather lose they invest in Bitcoin. Those who do not have enough investment assets i also suggest not to invest. Especially who don't have long-term holding ability.
Those who can't afford to hold long-term investments should stay away from investing, as this will expose them to more losses, as crypto investing is not a get-rich-quick strategy. Here an investor must hold for a long period of time without diluting his holdings.
Those who cannot afford long-term holdings will have to rely on this invested money when they run into trouble, and at that moment they may even face losses if they sell their holdings, as crypto investments are extremely volatile.
So before investing in crypto you must have a reliable income that will definitely pay you on a weekly or monthly basis. So that your holding is not damaged under any circumstances.
I agree that if we have to make long-term investments, we should have other income that we can use to meet our living needs, because investing in crypto should use free funds. But if you can do trading, especially daily trading, you can also get profit and don't have to hold for the long term. There are many methods that we can use in crypto investment. Although the safest is long-term holding, I think trading will be more profitable.
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For now, I avoid investment or trade in cryptocurrency because the speed of rising and falling can not be controlled and this is very dangerous for me personally including mental health and personal finance. I better invest in gold in order to get ROI that is clearly visible in front of my eyes because cryptocurrency can go down and rise at any time.
For example, I invest in ETH with a value of $ 100, then tomorrow it drops to 90, 80, 70 dollars and for rising we do not know when, while for daily needs we definitely need money or profits from our investment in ETH.
You have to take the investment decision by considering your ability. If you are not ready to invest in crypto considering its volatility then no problem. But if you hope to get more profitable from the investment based on the potential, I think crypto platform is best suited. There are risks involved in investing in this platform, but long-term investment has a higher chance of making profit. But the investor must choose the right platform for investment. Bitcoin is the best platform for investment but need long term planning. Short-term investors rather lose they invest in Bitcoin. Those who do not have enough investment assets i also suggest not to invest. Especially who don't have long-term holding ability.
Those who can't afford to hold long-term investments should stay away from investing, as this will expose them to more losses, as crypto investing is not a get-rich-quick strategy. Here an investor must hold for a long period of time without diluting his holdings.
Those who cannot afford long-term holdings will have to rely on this invested money when they run into trouble, and at that moment they may even face losses if they sell their holdings, as crypto investments are extremely volatile.
So before investing in crypto you must have a reliable income that will definitely pay you on a weekly or monthly basis. So that your holding is not damaged under any circumstances.
I agree that if we have to make long-term investments, we should have other income that we can use to meet our living needs, because investing in crypto should use free funds. But if you can do trading, especially daily trading, you can also get profit and don't have to hold for the long term. There are many methods that we can use in crypto investment. Although the safest is long-term holding, I think trading will be more profitable.
Timing of entering into the market and pulling out from the specific market is another important factor in getting the maximum of the investment. Besides, it can also incorporate global news and technology analysis to gain insights to foresee the movement in digital assets. By devoting time to keep learning and practicing analytical skills, the chances of making improved decision will be boosted. In this way, it will be possible to enhance the level of confidence of investors concerning volatility and remain concerned with long-term objectives to invest.
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For now, I avoid investment or trade in cryptocurrency because the speed of rising and falling can not be controlled and this is very dangerous for me personally including mental health and personal finance. I better invest in gold in order to get ROI that is clearly visible in front of my eyes because cryptocurrency can go down and rise at any time.
For example, I invest in ETH with a value of $ 100, then tomorrow it drops to 90, 80, 70 dollars and for rising we do not know when, while for daily needs we definitely need money or profits from our investment in ETH.
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Short-term investors rather lose they invest in Bitcoin. Those who do not have enough investment assets i also suggest not to invest. Especially who don't have long-term holding ability.
I also feel that I am in a hurry to invest in Bitcoin because I need money for my daily needs so I can give an opinion like the first reply. If only I had a little cold fund to buy Bitcoin then I would definitely use the investment for the long term, according to your statement. Unfortunately, I don't have a cold fund yet and this is a problem for me now.
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I think Bitcoin's high volatility is reducing every year, but it's still concerning because it's much higher in volatility than fiat currencies and most stocks. And also, the concern with this volatility is reducing over time because there are other cryptocurrencies with higher volatility than Bitcoin, and these are not only low market cap cryptocurrencies, but top ones too.
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I think Bitcoin's high volatility is reducing every year, but it's still concerning because it's much higher in volatility than fiat currencies and most stocks. And also, the concern with this volatility is reducing over time because there are other cryptocurrencies with higher volatility than Bitcoin, and these are not only low market cap cryptocurrencies, but top ones too.
Price volatility is a religion of cryptocurrency. And that's why we are able to profit from this and it is gradually gaining a lot of popularity. Bitcoin prices show high volatility, but holding for a long period of time can make a standard amount of profit from Bitcoin. Because it forms a new ATH after a certain period of time. If one invests in Bitcoin and holds it till the next ATH. Then in this case it is possible to make a good amount of profit. Investing in crypto requires proper knowledge of these issues and acceptance of these risks.
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I think Bitcoin's high volatility is reducing every year, but it's still concerning because it's much higher in volatility than fiat currencies and most stocks. And also, the concern with this volatility is reducing over time because there are other cryptocurrencies with higher volatility than Bitcoin, and these are not only low market cap cryptocurrencies, but top ones too.
Price volatility is a religion of cryptocurrency. And that's why we are able to profit from this and it is gradually gaining a lot of popularity. Bitcoin prices show high volatility, but holding for a long period of time can make a standard amount of profit from Bitcoin. Because it forms a new ATH after a certain period of time. If one invests in Bitcoin and holds it till the next ATH. Then in this case it is possible to make a good amount of profit. Investing in crypto requires proper knowledge of these issues and acceptance of these risks.
Yes, although this volatility becomes less accute year after year the risk remains waaay higher than in fiat money or most shares. That is why many investors still stay always alert. But interestingly, as the crypto market grows, people become accustomed to these changes in value, particularly as other types of cryptocurrencies are making their way to the market, which have a higher level of volatility than Bitcoins.
Actually, this high level of volatility is not only observed in small coins but also in several large altcoins with fairly a good market capitalization as well. Therefore, while Bitcoin remains flavoured as ‘volatile’, many investors look at it as relatively more stable than several other crypto- assets. This is also what seems to have mitigated the risk of risk in fluctuations in prices of bitcoins for the more experienced traders.
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I think Bitcoin's high volatility is reducing every year, but it's still concerning because it's much higher in volatility than fiat currencies and most stocks. And also, the concern with this volatility is reducing over time because there are other cryptocurrencies with higher volatility than Bitcoin, and these are not only low market cap cryptocurrencies, but top ones too.
Price volatility is a religion of cryptocurrency. And that's why we are able to profit from this and it is gradually gaining a lot of popularity. Bitcoin prices show high volatility, but holding for a long period of time can make a standard amount of profit from Bitcoin. Because it forms a new ATH after a certain period of time. If one invests in Bitcoin and holds it till the next ATH. Then in this case it is possible to make a good amount of profit. Investing in crypto requires proper knowledge of these issues and acceptance of these risks.
Yes, although this volatility becomes less accute year after year the risk remains waaay higher than in fiat money or most shares. That is why many investors still stay always alert. But interestingly, as the crypto market grows, people become accustomed to these changes in value, particularly as other types of cryptocurrencies are making their way to the market, which have a higher level of volatility than Bitcoins.
Actually, this high level of volatility is not only observed in small coins but also in several large altcoins with fairly a good market capitalization as well. Therefore, while Bitcoin remains flavoured as ‘volatile’, many investors look at it as relatively more stable than several other crypto- assets. This is also what seems to have mitigated the risk of risk in fluctuations in prices of bitcoins for the more experienced traders.
Bitcoin is considered relatively stable compared to other crypto assets, but in my opinion, Bitcoin is still volatile, because Bitcoin's vitality is what attracts investors to buy Bitcoin and hold it for the long term, because the longer the price of Bitcoin becomes more expensive.
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I think Bitcoin's high volatility is reducing every year, but it's still concerning because it's much higher in volatility than fiat currencies and most stocks. And also, the concern with this volatility is reducing over time because there are other cryptocurrencies with higher volatility than Bitcoin, and these are not only low market cap cryptocurrencies, but top ones too.
Price volatility is a religion of cryptocurrency. And that's why we are able to profit from this and it is gradually gaining a lot of popularity. Bitcoin prices show high volatility, but holding for a long period of time can make a standard amount of profit from Bitcoin. Because it forms a new ATH after a certain period of time. If one invests in Bitcoin and holds it till the next ATH. Then in this case it is possible to make a good amount of profit. Investing in crypto requires proper knowledge of these issues and acceptance of these risks.
Yes, although this volatility becomes less accute year after year the risk remains waaay higher than in fiat money or most shares. That is why many investors still stay always alert. But interestingly, as the crypto market grows, people become accustomed to these changes in value, particularly as other types of cryptocurrencies are making their way to the market, which have a higher level of volatility than Bitcoins.
Actually, this high level of volatility is not only observed in small coins but also in several large altcoins with fairly a good market capitalization as well. Therefore, while Bitcoin remains flavoured as ‘volatile’, many investors look at it as relatively more stable than several other crypto- assets. This is also what seems to have mitigated the risk of risk in fluctuations in prices of bitcoins for the more experienced traders.
Bitcoin is considered relatively stable compared to other crypto assets, but in my opinion, Bitcoin is still volatile, because Bitcoin's vitality is what attracts investors to buy Bitcoin and hold it for the long term, because the longer the price of Bitcoin becomes more expensive.
But less volatile than any other cryptocurrency except stable coins. Or do you think there are coins that are less volatile than Bitcoin?
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Bitcoin is considered relatively stable compared to other crypto assets, but in my opinion, Bitcoin is still volatile, because Bitcoin's vitality is what attracts investors to buy Bitcoin and hold it for the long term, because the longer the price of Bitcoin becomes more expensive.
But less volatile than any other cryptocurrency except stable coins. Or do you think there are coins that are less volatile than Bitcoin?
Actually, I think bitcoin is also volatile, just like altcoin. But if someone says bitcoin is relatively stable because it is likely to rise again after experiencing a bigger correction than altcoin, because we see when the price of bitcoin goes back up after a correction, it seems like some altcoins have difficulty going back up, this is a fact in the crypto market that we often see.
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Bitcoin is considered relatively stable compared to other crypto assets, but in my opinion, Bitcoin is still volatile, because Bitcoin's vitality is what attracts investors to buy Bitcoin and hold it for the long term, because the longer the price of Bitcoin becomes more expensive.
But less volatile than any other cryptocurrency except stable coins. Or do you think there are coins that are less volatile than Bitcoin?
Actually, I think bitcoin is also volatile, just like altcoin. But if someone says bitcoin is relatively stable because it is likely to rise again after experiencing a bigger correction than altcoin, because we see when the price of bitcoin goes back up after a correction, it seems like some altcoins have difficulty going back up, this is a fact in the crypto market that we often see.
You are right that bitcoin is also very volatile because we often see bitcoin experiencing several corrections. We can take advantage of this volatility by buying when the price drops and holding it. Coins that are relatively stable are stable coins and we cannot hold stable coins for long because the goal of investing is to make a profit.
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The higher the gain, same way the higher the losses in cryptocurrency. Crypto investment doesn't always come with gains, it comes with losses also if you invest in altcoins for long term instead of Bitcoin.
Having a higher gain in crypto depends on when and how you invest in crypto. The perfect time to invest in Bitcoin is to invest during the bearish market and sell during the bull market.
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The higher the gain, same way the higher the losses in cryptocurrency. Crypto investment doesn't always come with gains, it comes with losses also if you invest in altcoins for long term instead of Bitcoin.
Exactly.
High risks, high returns probability.
But the benchmark is how we manage the risk itself, because by managing the risk well and wisely, we should hope to minimize the risk of loss.
Yes, the way is how we are able to manage funds to be invested, where we will invest, when is the right time to enter and exit, all of that must be taken into account.
And moreover, it is also related to how our emotions are during investment, before and after too. This is important because emotions greatly affect our success in investment.
And for investment in hype coins, this is a real example of high risks, high returns. That's why you have to be really smart and fast to get the right moment, and quite high profits. However, if it is an investment in Bitcoin and Ethereum, just be patient and wait for the right time to take profits.
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The higher the gain, same way the higher the losses in cryptocurrency. Crypto investment doesn't always come with gains, it comes with losses also if you invest in altcoins for long term instead of Bitcoin.
Having a higher gain in crypto depends on when and how you invest in crypto. The perfect time to invest in Bitcoin is to invest during the bearish market and sell during the bull market.
An investor must think long-term when investing in crypto. Moreover, the investor should be informed about the risks before investing. While crypto investments have the potential to yield high profits, there is also the possibilities of losses. I would agree with you that if one wants to profit in crypto one must buy from the dip. But in case of Bitcoin, the matter is slightly different because the dip is not always possible. Depending on the market conditions, investing at any stage and holding it for a long period of time has a high chance of making profit.
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The higher the gain, same way the higher the losses in cryptocurrency. Crypto investment doesn't always come with gains, it comes with losses also if you invest in altcoins for long term instead of Bitcoin.
Having a higher gain in crypto depends on when and how you invest in crypto. The perfect time to invest in Bitcoin is to invest during the bearish market and sell during the bull market.
You are totally right.
If you don't have time to analyze what exactly to do and when to invest in BTC, invest the same sum each month and see the results in a year or so. This method can do wonders for a person in the long run if he has a stable source of income.
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The higher the gain, same way the higher the losses in cryptocurrency. Crypto investment doesn't always come with gains, it comes with losses also if you invest in altcoins for long term instead of Bitcoin.
Having a higher gain in crypto depends on when and how you invest in crypto. The perfect time to invest in Bitcoin is to invest during the bearish market and sell during the bull market.
It has become a real fact that investing in altcoins will definitely result in losses, especially if it is a meme coin that relies on hype and fomo. If Bitcoin experiences a correction, the recovery time will not be long, although it will be gradual, but it will definitely be different from altcoins where BTC has experienced a 2x increase and has even experienced a correction again, but it is still at the same price.
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When it comes to talking about profit and loss in concerns to the cryptocurrencies, it is crucial to take a closer look at the benefits as well as the possible drawbacks. Another unique advantage of cryptocurrencies is their purity and their being free of fraud due to their digital character. This facet only can help with creating the trust and the idea of profitability. Secondly, the gains or rates of return in crypt currencies are usually higher than those in conventional assets, and, in general, crypt currencies enable easier use in purchase of goods via the internet.
The other related benefit is that these are less vulnerable to demonetization and devaluation in some sorts of economic environment conditions. But, as the exact name suggests, it is rather indispensable to outline that volatile digital currencies such as Bitcoin are, indeed, highly vulnerable to fluctuations. While it can make large profits, it also results in high fluctuations and that means being at a risk of big losses. Hence, although currencies are very lucrative, they should be properly assessed and managed. This implies that one should endeavor to remain knowledgeable at all times and should be ready and willing to adapt to any fluctuations in the market.
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It has become a real fact that investing in altcoins will definitely result in losses, especially if it is a meme coin that relies on hype and fomo. If Bitcoin experiences a correction, the recovery time will not be long, although it will be gradual, but it will definitely be different from altcoins where BTC has experienced a 2x increase and has even experienced a correction again, but it is still at the same price.
So is Bitcoin. If you buy any coin in the crypto market, there is certainty of making short term loss due toarket speculation, it can't be avoided but the problem with altcoins is that they can't be trusted with their price action. There are some many projects that has lay low for many now since they had their all time low and many people that bought during that time were expecting price to go up later.
If it was Bitcoin that some people that bought altcoins that refuse to pump back after those bear market, Bitcoin would have save them by now and that's just the advantage of diversifying portfolio with Bitcoin and altcoins.
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It has become a real fact that investing in altcoins will definitely result in losses, especially if it is a meme coin that relies on hype and fomo. If Bitcoin experiences a correction, the recovery time will not be long, although it will be gradual, but it will definitely be different from altcoins where BTC has experienced a 2x increase and has even experienced a correction again, but it is still at the same price.
So is Bitcoin. If you buy any coin in the crypto market, there is certainty of making short term loss due toarket speculation, it can't be avoided but the problem with altcoins is that they can't be trusted with their price action. There are some many projects that has lay low for many now since they had their all time low and many people that bought during that time were expecting price to go up later.
If it was Bitcoin that some people that bought altcoins that refuse to pump back after those bear market, Bitcoin would have save them by now and that's just the advantage of diversifying portfolio with Bitcoin and altcoins.
Yeah, BTC is just a more reliable choice which is best if you go into the long run.
Others projects and coins have potential too, but they don't stand even close to it where BTC stands now.
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The higher the gain, same way the higher the losses in cryptocurrency. Crypto investment doesn't always come with gains, it comes with losses also if you invest in altcoins for long term instead of Bitcoin.
Having a higher gain in crypto depends on when and how you invest in crypto. The perfect time to invest in Bitcoin is to invest during the bearish market and sell during the bull market.
It has become a real fact that investing in altcoins will definitely result in losses, especially if it is a meme coin that relies on hype and fomo. If Bitcoin experiences a correction, the recovery time will not be long, although it will be gradual, but it will definitely be different from altcoins where BTC has experienced a 2x increase and has even experienced a correction again, but it is still at the same price.
There are actually certain categories of altcoins that you may loss money if you invest on them, but altcoins like Etheruem, BNB, Sol, Ada, etc are reliable and a potential for investment both on long run and short run basis.
It is also a known facts that Bitcoin drives the crypto market, and being the first coin, it is much more traded than any altcoins out there. The demand for Bitcoin is always growing by the day which is why it can easily recovers after some dip market situations.
In addition, Bitcoin 2% rise or drop in price can affect many altcoins more than 8% depending on the altcoins. Finally, there is profit and loss on every business including Cryptocurrencies.
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I don't lose much, not really. I profit where I bet and where I invest. I patiently do what I need to do in the least possible conditions for transactions.
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But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
Its always been like this ever since, but investing in Bitcoin is less concerning than investing in memes, where the price fluctuates rapidly because of the dump after the FOMO.
The market is full of shills and FOMO, but those coins or tokens that have proven their worth in the market for a long time can escape from the harm of these FOMO and shills.
So profit and loss in cryptocurrency is just natural, but what's not natural is getting burned without doing research.
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Profit and loss when trading in cryptocurrency is normal and almost all traders have been in this phase, in a profit position or vice versa, a loss position.
I was in a loss position when I first traded and coincidentally the price of the coin I bought fell very drastically, but I had a strong determination to hold on to the position in the next few months from loss to profit after the coin rose very significantly and profits reached more than 100%.
Most important in trading what ever position loss or profit keep calm and not have to be panic, when position loss try to hold as long possibility until price recovery back.
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I believe that cryptocurrencies, as far as trading is concerned, are a much more profitable sector than the traditional one. As far as scams are concerned, I believe that the percentage is the same for the two sectors.
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Cryptocurrencies have several advantages. The first and smallest advantage is that being a digital currency, there is less chance of fraud. So we see that benefit, and trust that it will be profitable,
Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.
The effect of demonetisation and devaluation is negligible.
But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
Yes bitcoin is very high on volatility that is why it will make some investors loss and some investors earn profit,but we cannot control its price because it is decentralize and that makes bitcoin amazing, the problem why investors loss because they don't have enough patience to handle bear season they easily get disappointed and sell at loss and they end up lossing.
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I believe that cryptocurrencies, as far as trading is concerned, are a much more profitable sector than the traditional one. As far as scams are concerned, I believe that the percentage is the same for the two sectors.
I don't know how much fraud there is in crypto and the commercial sector, but I also think it's the same in both of them there are people who intend to cheat.
So in any case we must remain careful, because for me there is no place that is truly safe in this world. Everything has risks and everything has the opportunity for many fraudsters to enter, so caution is the main thing.