Quote from: pacar_tiri on March 09, 2024, 10:18:37 PM

I think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.

Why it is very dangerous? When you trade shortly, it means you don't need to set a too high target. Moreover, if we choose daily trade, we mostly only take small profits. With that target, I think it will be quite safe, should be safer than long term. Sure, there will be always risks, no trading is 100% safe. That's why we must use a proper strategy in our trading.

Short or day trades arent really that dangerous but rather it is more risky of course on which its understandable yet positioning would really be entirely different than on making some entry points
when you are tending to hold on which we know that you wont be considering the bottom which is unlike when you do make some scalp or short trades then this is what you would really be thinking up first. This is the main challenge for most who do make out those short trades on which no one really knows on what would be the next price on the coins that we are eyeing on.
If you dont like the hassle and risks on which you cant bare then this is where you would really be deciding to hold up instead.

Quote from: Mr. Allcrypto on March 11, 2024, 10:21:08 PM

In trading, these are the two major factors that cause loss of funds, and these two emotions will always come. For the fear aspect, when you're about to trade you might feel if the market is not going to your facour so you will doubt whether to trade or pass, while the greed cause loss of money because the feeling of wanting to make big profit can make you invest big amount and at the end of the day you loss it... these two things always work hand in hand and you need to take proper care of these factors before Trading...

Two emotions that will always interfere with people from thinking rationally. Fear that makes people afraid to make decisions and opportunities. And greed that eliminates the best opportunities, until you have to lose everything.

And ones you couldnt really be able to make out such viable decisions then it would really be something that could affect you negatively on which it would be resulting that having
that messed up life and you would really be might be ending up on having those kind of regrets just because you havent been able to act out accordingly.
There are really moments that you would really be able to face up such situation on which it would be leading out on giving you those options and choices.
It will really be just that depending on what are the path that you would really be able to take.

Have you ever been profitable and taken profits in the crypto market?
Yes of course, profit is profit.. .Not all the time you would really be holding because you could possibly missed out that opportunity and might be ending up
on having regrets.

How did you use that profit? Do you use that profit or reinvest it?
Diversify into other coins and the bigger part of it would be saving on accumulating Bitcoin.

Do you think using profits is also important for your investment journey?
Of course, we are here for that main reason which is to make profits.
You would really be doing all sorts of possible things as long it could give out that kind of chance.

Quote from: Mr. Magkaisa on March 10, 2024, 01:20:28 PM

          -     Yes, you are correct; one should not be greedy as a trader. We must be wise traders, and it is good for you if you are already training yourself to conduct trading in this field of the crypto space. Even we know that it is not easy to study and learn about crypto trading.

So it's really good that we know something about trading because it will help us a lot so that we can get a profit in the end while we study and practice on the actual platform of the exchange that we do trading on.

Trading is a process that needs to be learned properly, and while learning, the trader must develop some self-strategy that can help them win in the market. Any trader that fails to establish a proper trading strategy will experience more losses than profits. One thing about trading is that some people can easily get emotional if they don't plan themselves very well and become very disciplined. From my experience, it is very important to set a price target at which you can just cut the trade and take your already-earned profit. Anyone who fails to set a price to take profit might just get confused when the price becomes volatile in their predicted direction.

You would really be able to make those kind of realizations along the way on which on the time that you would really be able to realize that it is really that something that you must do for you to be able to sustain yourself into this market. Trading skills is never been that an easy thing to be acquired on which it would really be involving tons of efforts and tons of money for you to spend up first before you could really be able to have a good grasps into it on which it would really be just that normal that you would really be having that kind of approach.
Taking profits? Its always been the standard but it cant be really avoided to hold up someones position if they do know that the thing they've been holding does have a potential.

Quote from: Mr. Allcrypto on March 08, 2024, 12:46:34 AM

Quote from: bosshyip on July 06, 2018, 06:39:25 AM

I do not think so, it’s like saying we don’t need money, but money sustains life. It will always depend on how you used your money. There are many meaningful things you can used money; e.g., build hospitals, feed the homeless, build schools, fund to teach people, charity works, help technology, supporting the government on enhancing its citizens way of living, and other many things you can do with money that is worthwhile. I have read about “the love of money”, it talks about every behavior of an individual not money itself that is the source of all different types of evil and distress. Money is ethically neutral; I believe there is naught wrong with money or the ownership of wealth. But, once money starts to control a person that is when the trouble began. People being controlled by money will feel superior and takes pride for power which leads to greediness and obsessions of an individual. He or She will enjoy the luxury of life, they will use their money to dictate and control other people for his or her will. Money is a necessity that is why people do fraud, insult, kill, and do bad things to have it. Hence, it is not “the money” but “the love of it” is the root of all evil.

When I hear people say that money is the root of all evil, I look at them like people speaking without knowledge..
In the society today, i will say that 99% of man's problems has only one solution which is money, making money to he able to afford what you want is what every body wants.
Money is not the root of all evil, because money can do good things in the society..
Speaking of those saying money is the root if all evil, have you ever imagined a life without money?? You'll suffer.
Make money legitimately and enjoy all the good things in life .

Have you ever observed who are those people who most of the time say the quote "money is the root of all evil"? Because in my personal observation here in my place when asked about this topic they answers it irresponsibly and unfortunately most of them are in poverty and is uneducated financially.

Root of evil they say because they are on a condition on which they dont have money and on the time that you do see someone having tons then they would be having impressions that those people are really that involved into something illegal without even trying out to realize that someones wealth do come from hardwork but well there might be some who do go into the wrong path but only a few. Not to discriminate those poor people but this kind of reasoning does really that shows about having that jealousy about others or someones financial condition.
Well, we cant really be able to avoid such reality on where inequality is inevitable.

There are known lines and sayings that could be read up online about investing.

"You wont be rich if you wont TP"
"You wont be rich if you cant hold"

These sayings are totally contradictory to each other and this is why it would really be that so hard on what you should gonna follow.
This is why it would really be just that depending on how well you would really be able to make up decisions which it would really be basing
up on the things that you do need to know.

Would you dare to appear in public?
-No, you are putting up your life at risks and im sure of that.

Would you move 1M BTC and sell for USD?
-One sell move, then your exposing already yourself.So NO!

Would you participate in the development and upgrade process of Bitcoin blockchain?
-On anonymous manner then it would be a yes but as Satoshi nakamoto then NO!

Would you agree to accept the invitation to El Salvador?
-Anonymity will be always priority

Wouldl you continue to stay anonymous and observe the development of Bitcoin?
-Yes, it would definitely be considering such thing

Would you reveal this secret to your children before you die?
-Money isnt everything, you would be leaving on this world empty handed.
So it would be wise that you do tell them about your possessions but of course it would be depending on you
on how you would be doing it.

In times like this or at this time, if you are new to this industry you should know how to research a project that is new to the crypto space. There are many sources, first see if they have a large community on social media platforms, telegram, Facebook, twitter, youtube and others.

You should also know how to search for new cryptos or if you are familiar with cryptocurrencies, coingecko and coinmarketcap are there as long as you check the top 100 cryptocurrencies on the platforms mentioned.

It would really be just that normal that you would really be needing up that kind of approach on which you would really be making yourself that be wary on how this market works.
When you are still that a noob then it would really be that best that you do make your own research specially on the time that you would really be making your first investment
on which it would really be just that right that you should really be that careful on making such action because one false move then you would really be wasting up your capital.
This is why it would really be that best that you should really know on what you are doing rather than on making rush decisions without any idea on what you should gonna do.