Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: uzair on August 28, 2018, 08:37:30 AM
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Choose a point wisely and when it goes up, decide on a good profit target (30-100% is perfect for beginners investing) enough to revoke your investment. .
If you do not really understand the virtual currency or assets you hold, I suggest that when you reach the 100% profit margin, you should sell half of the holdings immediately; convert half back into prepaid or use it to invest in another asset that you think will grow. You will narrow down your portfolio quickly. Point of sale for capital recovery is not necessarily 100%; It may be lower or much higher but in the end you should have, because for the vast majority of virtual money, blindly keeping forever without checking the relevant news, prices and developments on them are very risky. insurance. Determine profit goals, and follow your guidelines.
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Choose a point wisely and when it goes up, decide on a good profit target (30-100% is perfect for beginners investing) enough to revoke your investment. .
If you do not really understand the virtual currency or assets you hold, I suggest that when you reach the 100% profit margin, you should sell half of the holdings immediately; convert half back into prepaid or use it to invest in another asset that you think will grow. You will narrow down your portfolio quickly. Point of sale for capital recovery is not necessarily 100%; It may be lower or much higher but in the end you should have, because for the vast majority of virtual money, blindly keeping forever without checking the relevant news, prices and developments on them are very risky. insurance. Determine profit goals, and follow your guidelines.
Hello Uzair, your post does not give clear understanding, but if i could get some glimpses of your statement, i think you are actually giving advice on rsiks on investing wisely on certain project that can bring profit after some time, and reinvesting the profits on other notable projects, not keeping the entire profits but all together checking for information (news) about your investment. I think this is a good idea if i got you right. Thanks
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There are no uniform rules as it is necessary to work.It is always necessary to rely on the market realities of today.
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Bear in mind that no one is perfect. No one can make profit at all times for there will be a time of unsatisfied trading. Hitting the target when the market goes up is very nice, same when it goes down whether hold or still do trading to collect some of tokens.
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Yes, I agree with you. Need knowledge about investment and crypto. Investment takes a long time. Secure your profits if you think it's good. Make profits as capital to buy back when decreasing or buying other coins
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Hello Uzair, your post does not give clear understanding, but if i could get some glimpses of your statement, i think you are actually giving advice on rsiks on investing wisely on certain project that can bring profit after some time, and reinvesting the profits on other notable projects, not keeping the entire profits but all together checking for information (news) about your investment. I think this is a good idea if i got you right. Thanks
I also don't understand enough about what he said above. But maybe he tries to advise us to not invest without analyzing. It seems he analyzing a long term investment. I is because 30-100% profit will be difficult for daily trading or short term investment.
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@owmivmen, that's right. But not everyone has the same mind as you. How many people start crypto without knowledge. They come in a hurry and leave easily without bringing any results.
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I think this is a general advice that should be valid for eveyone that is starting... as most of us have to learn the hard way and loose a few times in order to get things going ;D...
I have lost profit for holding too long and not paying attention (lesson learned)... and you should always keep securing your profits making partial "cash in" because if everything goes well, you'll be able to get profit on the remaining part, but if the project goes down you already have your cash
cheers
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I agree. Before buying any kind of cryptocurrency and especially selling it, first of all to read and find out as much information as possible about it. Also keep track of its news. Various updates and its creators.
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You need to thoroughly research the currency you are going to invest it. As what you could see many has become a victim to losses.
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How many people start crypto without knowledge. They come in a hurry and leave easily without bringing any results. And losing money without remaining. But not everyone has the same mind as you.
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All who started trying to earn money on cryptocurrency do not do anything for this-now long ago in the red.