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Messages - Doctor

Pages: 1 ... 3 4 [5] 6 7 ... 135
61
Believe or not, greedy loss your opportunity, many trader had large expectation with their cryptocurrency assets potential raise more higher price and earn much profitable. Forget take profit when has moment and seems not enough with how much increasing of the cryptocurrency assets holding, need to make limitation profitable target when price raise above 10% or more is enough to sell it and buy back later.
I believe some coins still with hype moment when success raise to higher price not has second chance make new highest price, take profit, leave and looking for the other coins to trade.

Yeah I have lost several time because greedy. I agree with you, we should set the sell target if already earned profit, take it and leave it. We can start again later. Many traders have  lost  because this emotion. Trader needs good emotional control, and time will teach us. Experience is so expensive, sometimes we lost to know our mistakes

62
Cryptocurrency Trading / Re: Trading Vs Hodling
« on: February 06, 2024, 09:55:16 AM »
If you want to become a professional trader, you have to be very clever at rotating your money all the time, so that every time you have time you make money. In my principle, I will trade and hold, 70% of our capital for trading and another 30% for us to hold, so we have 2 incomes in the short term and long term... if we use 100% of our capital in the long term then it will There are 2 possibilities for you, namely getting a big profit or getting a big loss.. and if you do the first you will get income every day from 70% of your capital and 30% of the capital as savings for the future.

I agree with this, we should diversify our assets for trading and holding.
I personally divide 50% : 50% from my assets.
50% for trading and 50% for holding.
We will get profit from both. Because I didn't trading every day, I have real job  and don't have many time.

63
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: February 06, 2024, 09:52:05 AM »

Trading doesn't have to be done every day, but what you need to pay attention to is that when trading, you have to be able to control your emotions and, as far as possible, not be influenced by price movements on the exchange. Long-term trading in clear coins such as Bitcoin and Ethereum is an important consideration to make a profit with peace of mind.


It's good mate, I agree with you trading is not everyday, we can do it if we have free time and the market movement is good.
Traiding needs good experience and emotional control. Because It's not easy to say, we should did it for along years.

64
why do people panic and sell their coins throw some light on this topic and share your opinion
These are very common cases, if it were otherwise cryptocurrency would not be volatile and no one would want to earn there, mostly those who drain they simply do not have the opportunity and they do not have extra money to hold on for a few months or years.

Absolutely yes, the volatility of crypto currency make the investors want to gain profit from it.
They buy low , hold and sell when high .
Panic is nature, but don't panic selling. Because It will always happen in crypto , we will always see the market seems volatile.
Keep calm and wait. The market will recover again.

65
Bitcoin Forum / Re: Btc & bank which comfortably for you???
« on: February 05, 2024, 08:10:43 PM »

I agree with you, that's what I do, but I also prefer to keep money in the bank, you can't use all the money you have, you should always have a safety cushion in real currency and some preferably in cash (paper) money).

In my opinion, storing your funds on the blockchain is much safer than storing them in a bank. For example, I use the bank only for payments and storing a small amount of money. In any case, funds can be stored in a USDT without worrying about the safety of the value of your assets. Plus, I value financial independence.

If you feel storing your fund in blockchain is more safer than bank , you can do.
But I think bank is more safer and we can use our money to do payment. Because we all know, crypto didn't allow to be payment method at several countries.
It's just my consideration.

66

That's what I wrote about. How predictable everything in our world is. This is the reason why I never go through verification, because I understand perfectly well that sooner or later, but the data will "leak" into the public domain or into the hands in which it should not. It is a pity that many people have not realized this yet. Well, it's their choice. They have the right to do what they want. I've made my position clear.


If you doubt to share your identity to verife KYC , because your data will leak into the public domain or into the hands in which it should not, don't do it.
But I still believe in reputable exchange such binance,  I did KYC there , and I think until now safe.
It depends on our consideration to  do kYC or not.

67
Bitcoin Forum / Re: BTC Spot ETF is market poison?
« on: February 05, 2024, 08:00:53 PM »
After the approval of Bitcoin ETF, the price of Bitcoin increased significantly, we saw a lot of news about this in the beginning of 2024. Moreover fake news has been seen a lot including that a twitter account was hacked anyway after seeing everything later bitcoin change after bitcoin ETF approval was published. But we can say for sure that the price of Bitcoin will go to a higher position this year, because it increases a lot after the approval of Bitcoin ETF. Moreover, since Bitcoin's halving is ahead, it threatens to reach higher levels soon. Since the approval of Bitcoin ETF, the number of investors will increase and the demand for Bitcoin will continue to increase and after the halving, the price of more Bitcoins will reach the highest level.

Yeah , after ETF approved, I think the number of investors will increase, and the price of bitcoin will increase significantly.
BTC spot ETF si market poison, I think it's true, poison that make people want to invest in crypto currency.
That's good.

68
Bitcoin Forum / Re: BTC halving event - What can we expect?
« on: February 05, 2024, 07:55:31 PM »

Many people have predicted $100k for the price of Bitcoin in the past bull season. But unfortunately it didn't work and could only reach $68k. So maybe it will be a bullish season later. Bitcoin prices can actually reach $100k, or even more. hope like that. At least our wait for investment during the bearish period can really be realized. Except for people who only aim for long term holding for an indefinite period of time.


If we want hold for indefinite periode of time , we must have free money to support it.
I'm not big investors, just buy and hold at small amount.
at the past , $ 100K is unreached, but I believe it will reach at next year when bullish season.
It might high expectation.

69

The probability of making a bitcoin transaction to a wrong address is very low because we double check my address before making a bitcoin transaction
~snip~

Yeah, I think we just copy the address which we send bitcoin  and double check it.
So, the probability  of making wrong is very low.
But accident could happen in anytime. It's human error, and careless.
Always be careful and check again before send.

70
Bitcoin Forum / Re: could adoption make BTC price less volatile?
« on: February 05, 2024, 07:42:16 PM »

You will be surprised, but fiat currencies are also volatile, if you look at the charts on such currencies, on countries where there are wars or crises, the country's currency will also be volatile and some of them show charts almost like cryptocurrencies)


If you talk about fiat currency when war of crisis, it's  volatile because market conditions there.
Because the government didn't control their fiat, they think about war.
But at the country which no war, fiat currency is more stable than crypto.

71

Without a little risk here is not how, I understand that it is better not to do so, but when we are talking about earning money, it is necessary to take risks, of course it is ideal to be a trader and trade on decentralized exchanges, but it is not always possible.


Absolutely yes, If we want to earn money we must take risks.
I used wallet exchange because I do daily trading, But we should choose reputable exchange such as binance and several local exchange in my country.
I didn't put big money there, just for trading.

72
Bitcoin Forum / Re: Bitcoin Dump Signifcant After Halving
« on: February 05, 2024, 10:09:59 AM »

Usually when the halving is over, there will be a price drop because there is often bad news, which ultimately makes the Bitcoin price go down. But what you need to know is that before the price collapses, the price will definitely be high, and when the price is high, you should be able to sell immediately and make a profit withdrawal. After that, wait until the next few days because the price will definitely fall.

why do we have to rush to sell during the bitcoin halving, is it better to hold it until the bullish season.  But it all depends on your financial. I think we will see any pump and dump before bullish season. That's nature.
It's the moment, we can buy more.

73
Ethereum Forum / Re: How will ETH fare throughout the year 2024?
« on: February 05, 2024, 10:00:41 AM »
How do you know Ethereum is a stablecoin? Did you notice that when the Bitcoin market dropped to $15000, Ethereum dropped to $800? While Bitcoin slowly improved to $48,969, Ethereum remained at $2,717. So from here how can you declare that Ethereum is a stablecoin. I know Ethereum is currently being held up by the SEC charge case, the SEC charge case will be settled in May, so you can see the Ethereum coin market rise when the SEC case is settled. I think 2024 it will bring good results for Ethereum and the market will grow a lot.
In my opinion, Ethereum is not a stable coin. The price movements are very fast because the supply owned by Ethereum is also very large, so it is impossible for Ethereum to be a stable coin. When trading using Ethereum, you should remain alert because the price rises and falls very quickly, and you must be able to take advantage of moments like that to make a profit.

Maybe we should know about what is stable coin ?  Ethereum is not stable , we all know about it.
But I see above Ethereum is stable coin, Stable coins such as USDT, BUSD etc.
Ethereum is just following bitcoin performance, not mean Ethereum is stable coins. I think we should call Ethereum is the follower coin of bitcoin :)

74
Ethereum Forum / Re: Between ETH and BTC which one is more preferable?
« on: February 05, 2024, 09:57:27 AM »
I'm thinking eth is better than btc    :)
I don't think there will be any disagreement that Bitcoin is the best cryptocurrency. Rather I personally consider Bitcoin as the best coin and the most reliable one to invest in. The future of bitcoin is much brighter and more successful than that of ethereum. Ever since Bitcoin came into the cryptocurrencies, its popularity and value growth has outstripped all other coins. Even Ethereum is following in Bitcoin's footsteps. To me Bitcoin seems to be the best coin ever.

Agree, Ethereum is just follower of bitcoin, why we compare about both ? which is the best, I think bitcoin is the best, not only better of Ethereum. But The best of crypto currency.
So, we shouldn't compare bitcoin to other .

75
Ethereum Forum / Re: Who is Ethereum's biggest competitor?
« on: February 05, 2024, 09:23:37 AM »
Competitors are now Solana and BNB. It will be fun to see how things will go on throught the years come. BNB have more advantage in come close with price value when Solana new things is create their wallets and gain many community members and investors. In next 2 years i do not see Ethereum get pass in price by these two.
BNB was not supposed to be an ethereum competitor, BNB shouldn've have any chance infront of ethereum. because BNB was a ditto copy paste of ethereum. but unfortunately we are seeing that BNB grown up so much that it is almost competing with ethereum.
but BNB is only a eth competion in some features. Ethereum still have a lot more features and better security than BNB.
BNB is more lucrative for common people because of low transaction fee. Which is a good thing.
No Hate for BNB tho

By seeing the popularity of BNB, I think BNB is the closest competitor for Ethereum. BNB is cheapest transaction fee. Maybe we will see other competitor, Solana will be the next competitor for BNB and Ethereum.

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