Should we share our views on crypto market with others?

[debra]

Experience, knowledge and expertise are very much needed in trading. I have also been learning trading for a long time, maybe 8 or 9 years now. Sometimes I also experience defeat because of wrong predictions and analysis. In my opinion, do both long-term hold and trading, because both are also very profitable.

Yes, experience and knowledge are needed in trading because they are the keys for the success. Without them, there is no way to trade properly. We probably do trading like gambling if we have no good knowledge and experience. If you already trade for 8-9 years, it means you have been an expert in trading. Even if an expert, it is normal to get losses, there is no perfect trader in the world. I also still get losses although I trade for some years. Sure, trading or investing a long term, needs analysis.

[Hatchy]

I for one have been in similar situations with friends before but then, It is okay to share investment advice to your friends but you see my friend, investment advice can either lead to praise when things go well, blame when it doesn't go well and you might as well not even get feedback at all. It's important to remember that each person's financial decisions are their own responsibility. So moving forward, it would be wise to approach these investment advice related conversations with caution and encourage independent decision-making don't force or convince anyone, just focus on maintaining your strong relationship with them more because once it comes to money, you can have issues with even family relatives if things don't go well.

[yohananaomi]

If you want to share it with others then you should go ahead and share it with them but if you don't then it's up to you. People can try to use dca method but it doesn't have to be most of the time instead you should only spend your money if you have the capital. I'd say you should only buy more crypto when you have the money and won't buy if you don't have money to spare.

sharing information to friends is very good so that new people in this forum are not confused to do all that. in trading we must have capital and buy coins, but do not carelessly buy coins because if we buy carelessly you are afraid that you will get a loss, now many new projects are emerging so they run away with investors' money.

That's right sir, in trading we have to concentrate and must be careful in choosing coins otherwise we will get losses. now the market is experiencing a price decline but we have to be careful in choosing coins to invest in because this is very opposing and also vice versa if we choose the right coin at this time I'm sure you will get profit .. the point is to have information and learn about the world of the market with it easy for you to trade.

If you are currently smart at using analysis, then it is certain that it will make a very big contribution because the movement of bitcoin has indeed continued to go down and up in the last few months, so you can seek profit from the difference obtained., But I strongly agree that in trading, besides concentration and, most importantly, being able to analyze well every movement that will occur, price declines do occur, but later there will be an increase again, and it continues, so it is not surprising that altcoins find it difficult to move quickly following the movement of bitcoin.
In essence, in trading there must be the ability to be able to analyze every movement that will occur later, because with that you can know what we will do.

[Hisbullah]

If you are currently smart at using analysis, then it is certain that it will make a very big contribution because the movement of bitcoin has indeed continued to go down and up in the last few months, so you can seek profit from the difference obtained., But I strongly agree that in trading, besides concentration and, most importantly, being able to analyze well every movement that will occur, price declines do occur, but later there will be an increase again, and it continues, so it is not surprising that altcoins find it difficult to move quickly following the movement of bitcoin.
In essence, in trading there must be the ability to be able to analyze every movement that will occur later, because with that you can know what we will do.

Analysis is very much needed in trading, it is the main fact that someone who trades must have good analytical skills. They learn fundamental and technical analysis, apart from that we must be able to read market movements if we choose short-term trading, because this is very difficult and we must always focus on monitoring the market. We should be able to take advantage of the ups and downs in the price of Bitcoin to make a profit from it.

[legend45]

If you are currently smart at using analysis, then it is certain that it will make a very big contribution because the movement of bitcoin has indeed continued to go down and up in the last few months, so you can seek profit from the difference obtained., But I strongly agree that in trading, besides concentration and, most importantly, being able to analyze well every movement that will occur, price declines do occur, but later there will be an increase again, and it continues, so it is not surprising that altcoins find it difficult to move quickly following the movement of bitcoin.
In essence, in trading there must be the ability to be able to analyze every movement that will occur later, because with that you can know what we will do.

Analysis is very much needed in trading, it is the main fact that someone who trades must have good analytical skills. They learn fundamental and technical analysis, apart from that we must be able to read market movements if we choose short-term trading, because this is very difficult and we must always focus on monitoring the market. We should be able to take advantage of the ups and downs in the price of Bitcoin to make a profit from it.

I don't have much time to do and monitor the market all the time, I do spot trading just looking at the volume movement of each coin I choose. My technical and fundamental analysis skills are not good, because I don't really focus on learning and developing them. I only study the habits of coins in responding to the market, of course I always monitor the movement of bitcoin as the center of all coins.

[Themepen]

If you are currently smart at using analysis, then it is certain that it will make a very big contribution because the movement of bitcoin has indeed continued to go down and up in the last few months, so you can seek profit from the difference obtained., But I strongly agree that in trading, besides concentration and, most importantly, being able to analyze well every movement that will occur, price declines do occur, but later there will be an increase again, and it continues, so it is not surprising that altcoins find it difficult to move quickly following the movement of bitcoin.
In essence, in trading there must be the ability to be able to analyze every movement that will occur later, because with that you can know what we will do.

Hmmmm... that's right If anyone good in analyzing data so he/she can make money from Bitcoin up and down. Bitcoin price has been going up and down in past few months so we can profit from changes. But to be good trader we need more than just analytical skills. We need to focus and be able to predict what will happen in market this is little bit difficult but with experience we can do it.

Prices will always go down and then up again and this makes it hard for other cryptocurrencies to follow Bitcoin movements. And with experience we can analyze it so this helps us make informed decisions and take smart actions. I think you're right to stress the importance of analysis and adaptability.

[satpol_PP]

If you are currently smart at using analysis, then it is certain that it will make a very big contribution because the movement of bitcoin has indeed continued to go down and up in the last few months, so you can seek profit from the difference obtained., But I strongly agree that in trading, besides concentration and, most importantly, being able to analyze well every movement that will occur, price declines do occur, but later there will be an increase again, and it continues, so it is not surprising that altcoins find it difficult to move quickly following the movement of bitcoin.
In essence, in trading there must be the ability to be able to analyze every movement that will occur later, because with that you can know what we will do.

Hmmmm... that's right If anyone good in analyzing data so he/she can make money from Bitcoin up and down. Bitcoin price has been going up and down in past few months so we can profit from changes. But to be good trader we need more than just analytical skills. We need to focus and be able to predict what will happen in market this is little bit difficult but with experience we can do it.

Prices will always go down and then up again and this makes it hard for other cryptocurrencies to follow Bitcoin movements. And with experience we can analyze it so this helps us make informed decisions and take smart actions. I think you're right to stress the importance of analysis and adaptability.

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

[luckyledger]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

When investing in BTC, the only thing at stake, really, is time. The stability of such investment is high, and much higher that the other choices presented to a person, usually

[MUGNIA]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

The loss in BTC is only the price, not the quantity owned. If we are patient, I think there will be no loss. However, sometimes the owner uses emergency funds for investment, so when the funds are needed, they actually sell their assets to meet the emergency needs.

[luckyledger]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

The loss in BTC is only the price, not the quantity owned. If we are patient, I think there will be no loss. However, sometimes the owner uses emergency funds for investment, so when the funds are needed, they actually sell their assets to meet the emergency needs.

That's a bad way of putting your funds into something - you should put only what you are willing to spend so that situations like that won't occur. It clicks with experience and responsibility, eventually

[JoyMarsha]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

I can conclude this by saying that the time you lose from your Bitcoin investment is when you choose to sell below the invested price you buy your Bitcoin. If nothing of such is done, and you choose to hodl Bitcoin for long term, any time you buy your Bitcoin, you will surely end at profits. It's about being patient having a long-term goal and applying a DCA strategy.

[UNIVERSE]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

In theory, it will be always easy. We just need to know when the right time for entry and exit. However, to know this, we need to do a comprehensive analysis or a deep research. We must have good knowledge to be able doing this. The experience is also needed, whether experiences of wins and lose in investment. Well, everything we experience should be good lesson if we are aware about it. Crypto investment requires lessons to lead people having proper knowledge.

[yohananaomi]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

The loss in BTC is only the price, not the quantity owned. If we are patient, I think there will be no loss. However, sometimes the owner uses emergency funds for investment, so when the funds are needed, they actually sell their assets to meet the emergency needs.

That will definitely happen like that, but I actually agree with your opinion to be patient in determining the right time and the funds used. Indeed, if you use emergency funds for investment, it is certain that when it is suddenly needed, you will be forced to sell your assets where, of course, the price can no longer be controlled and, according to the situation at that time when it is needed, it is clear that the results are not good.

[satpol_PP]

take advantage of the volatility of bitcoin, we will get profit if we can do it right and know when to enter and exit. I also do that, I take advantage of it. although sometimes we also experience losses because of late entry and suddenly the price drops, but that's investment, sometimes we also experience losses.

The loss in BTC is only the price, not the quantity owned. If we are patient, I think there will be no loss. However, sometimes the owner uses emergency funds for investment, so when the funds are needed, they actually sell their assets to meet the emergency needs.

That will definitely happen like that, but I actually agree with your opinion to be patient in determining the right time and the funds used. Indeed, if you use emergency funds for investment, it is certain that when it is suddenly needed, you will be forced to sell your assets where, of course, the price can no longer be controlled and, according to the situation at that time when it is needed, it is clear that the results are not good.

That's why many members here suggest using funds that are not needed in the near future, or funds that are truly free because the crypto market is very volatile. If we use funds that are not free while we suddenly need them, what will we do if the market dumps? will we sell it at a loss.

[KryptoBull]

I for one have been in similar situations with friends before but then, It is okay to share investment advice to your friends but you see my friend, investment advice can either lead to praise when things go well, blame when it doesn't go well and you might as well not even get feedback at all. It's important to remember that each person's financial decisions are their own responsibility. So moving forward, it would be wise to approach these investment advice related conversations with caution and encourage independent decision-making don't force or convince anyone, just focus on maintaining your strong relationship with them more because once it comes to money, you can have issues with even family relatives if things don't go well.

We always want to suggest that people research and make their own decisions, but usually they're too lazy to do so. They're FOMO and worry that while they're learning about the market, many other opportunities will pass them by, and they won't be able to get rich quickly from crypto like others.

I find that sharing information about the market and discussing it together on crypto forums is easier and more comfortable because our identities are not revealed. I also recommend that many investors go to crypto forums to read and consult with experienced investors about the market's condition and trends.