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Litecoin Forum / Re: Good time to buy Litecoin?
« on: April 17, 2019, 04:29:00 PM »
Here you can see a helpful chart, picturing current market situation
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The availability of bitcoin as an online payment method is a great thing but how do we expect these great companies to pay in bitcoin when its price is not stable. I mean it is good for them to pay in bitcoin but looking at it from the other side., if I pay someone in bitcoin when the price is low, when the price shoots up it means am in loss. thus making you a fool for paying someone that amount they will get in the long run. which will be fair to the one being paid but not them that are paying you
CoinDeal has variety of coins on their market, and they still adding new (which are chosen in voting, last added coin is Stellar: https://coindeal.com/news/new-coin-Stellar )
everyone must possess emotions and have experienced them, whether it's because of problems in the real world or because of losing online gambling or other things that make him angry,
this is bad news because I personally do not advise people who are emotional / angry to trade,
the reason is because trading must use a cold brain to do chart analysis.
without analysis, the trading we do is not trading but gambling.
and gambling will only make us lose not profit.
Everyone experiences sadness at some point or other in their lives.It is real unhealthy to trade when not in a good mode.I have learnt bitter lesson to this, I lost my 9 ETH on trade when I tried trading in a sad day. You an reduce the mode by Cry,Exercise,Smile, Listen to music, Shower or bathe in warm water,Acknowledge your feelings,Distract yourself,Distract yourself,Try meditation etc.
Agreed, at the end its emotional game for some traders but yeah its for strong hard persons as I am not a trader but hodler u can say that my bad because if you just stick to hold all time that's not good if you win or loss at the end.