Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: alltalk on September 18, 2018, 05:31:45 AM
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All of us know that crypto market is very volatile, unstable, and unpredictable. These characteristics actually have positive and negative sides. Someone is not recommended to begin his activity as investor, bounty hunter, or others without adequate knowledge about crypto market and crypto world as a whole. However, if we know the right strategy in investing, we can get the benefits from the unstable price. The basic principle: (1) to buy in low price and sell in high price (2) hold the coins when the price very low. The question: Is this the right concept to be successful in crypto world?
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I think it is a right concept to be successful in cryptocurrency. Smart investors or traders know well how to get benefits from the unstable price movement. They always remind about the basic principle. So, they are confidence to make money from their works.
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These are just basic rules. There are no clear patterns of what to do in a given situation.You need to understand the market and feel it.
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Basically, what you mentioned are the two principles everyone needs to adopt in the crypto world. It is advisable to individually adopt a strategy that may suits you based on your knowledge level
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Well the most common concept not only in cryptocurrency but for entire investment system does need patience.
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I think it is a right concept to be successful in cryptocurrency. Smart investors or traders know well how to get benefits from the unstable price movement. They always remind about the basic principle.
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All of us know that crypto market is very volatile, unstable, and unpredictable. These characteristics actually have positive and negative sides. Someone is not recommended to begin his activity as investor, bounty hunter, or others without adequate knowledge about crypto market and crypto world as a whole. However, if we know the right strategy in investing, we can get the benefits from the unstable price. The basic principle: (1) to buy in low price and sell in high price (2) hold the coins when the price very low. The question: Is this the right concept to be successful in crypto world?
yes, it's possible. But that's not enough. Study carefully the coins you hold. If it is possible to increase, there is a chance that it will not increase the value and over time it is even lower. So much better to do is do research.
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I also think about it, But if we will see it's like to be it's alright or a right concept to be successful here in crypto industry buddy. It will going to depend on the person who's here if what kind of actions he/she will going to do.
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In my opinion, one of the keys to crypto trading success is to be patient. We must be prepared with all the changes in Crypto. Because we know the price of crypto goes up and down in an uncertain time. If we are not ready for that, then the potential for failure is greater than success.
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for basic knowledge that is true, buying cheap and selling is great, then holding it when the market is down, and don't forget to buy as many assets as possible when the market is down, and this month is the peak of the market has experienced a sharp decline, and now it's time for investors to buy coins
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The basic concept that we must have and we must master in doing business in the Crypto world is by mastering the science of coin trading here. If indeed the price of the coin goes down, that's the best opportunity and it's right to buy coins at low prices and when prices go up that's the chance to sell coins at a higher price and get the maximum profit.
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A good concept to play well in the Crypto world is by making good plans for investing, trading, Bounty campaigns and others. If it's planned, then you make an execution to immediately invest or compete. But before that you must pay attention to market conditions at that time, if the market goes down, that's when buying and investing in Crypto. Vice versa, if Crypto Prices rise, that's the chance to sell your coins. That's all a good concept for me.
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Smart investors or traders know very well how to benefit from unstable price movements. They are always reminded of basic principles. So, they are confident to make money from their work. That's the concept they applied to be successful in the crypto world.
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Buy low and sell high has always been the right concept in any business/investment. I think the better question is the timing as to when to use it. In crypto, it is harder to know whether you have already bought low since it could even go lower and lower.
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The concept is very simple. Only we can't do it patiently waiting. The concept is like this. buy in low prices and sell at high prices. Then the second is holding a coin when the price is very low. Those are the keywords here.