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Author Topic: Don't be in a Rush  (Read 15731 times)

Offline alltalk

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Re: Don't be in a Rush
« Reply #165 on: September 19, 2024, 11:11:35 PM »
We should learnt o avoid doing things in a rush, when we are doing them in a step by step procedures doesn't means that we are delaying or making it go slow, but we are having the understanding of doing such in other to avoid making mistakes, some have made some costly mistakes at the cause of things like this, because they couldn't manage to endure for a little time left for them to achieve some specific targets in like, instead they rushed in and rushed out.
Anything that we do in rush, won't end up with good result. This is also the same as in trading. It is a bad idea to rush in trading, we may trade with lack of knowledge. This will lead to improper way of our trading strategy.

Indeed, we must follow the steps. We must begin with learning carefully everything. There are many things to be learned in trading, it is not as simple as we expected. And after we learn it successfully, we can try "demo trading" firstly before we begin real trading. This is the way to avoid mistakes in trading. This way actually don't spend too much time if we can focus on it. But if we don't focus, it may take a lot of time.  ;)

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Re: Don't be in a Rush
« Reply #165 on: September 19, 2024, 11:11:35 PM »

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Offline LUCKMCFLY

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Re: Don't be in a Rush
« Reply #166 on: September 20, 2024, 04:52:29 PM »
Not only war, but inflation will also affect the price of bitcoin due to reduced demand for bitcoin. when covid occurred because many countries were locking down, so many citizens could not work, it made many new investors come to the crypto world because they were looking for income from investing in crypto, that's what kept the price of bitcoin from falling at that time.

You're right, when there was that terrible pandemic, many people became desperate, not only did investors trust in bitcoin, there were also many who, in order to get out of their desperation, began to gamble in casinos, so at that time crypto and casinos were the most profitable businesses, then in this sense things can move towards doing things digitally, teleworking and everyone changed to take care of themselves, so you're right, covid-19 marked a global milestone in that sense.
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Re: Don't be in a Rush
« Reply #166 on: September 20, 2024, 04:52:29 PM »

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Offline dekafee79

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Re: Don't be in a Rush
« Reply #167 on: September 21, 2024, 05:58:46 PM »
Not only war, but inflation will also affect the price of bitcoin due to reduced demand for bitcoin. when covid occurred because many countries were locking down, so many citizens could not work, it made many new investors come to the crypto world because they were looking for income from investing in crypto, that's what kept the price of bitcoin from falling at that time.

You're right, when there was that terrible pandemic, many people became desperate, not only did investors trust in bitcoin, there were also many who, in order to get out of their desperation, began to gamble in casinos, so at that time crypto and casinos were the most profitable businesses, then in this sense things can move towards doing things digitally, teleworking and everyone changed to take care of themselves, so you're right, covid-19 marked a global milestone in that sense.
during the covid 19 pandemic we saw many people starting to protect themselves and stay at home and do trading or investing in crypto. We thought at that time the price of crypto would go down, but it turned out that the crypto market was busy at that time and I also made a big profit at that time because my office was locked down and I was working from home.

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Re: Don't be in a Rush
« Reply #168 on: September 23, 2024, 03:27:29 PM »
Not only war, but inflation will also affect the price of bitcoin due to reduced demand for bitcoin. when covid occurred because many countries were locking down, so many citizens could not work, it made many new investors come to the crypto world because they were looking for income from investing in crypto, that's what kept the price of bitcoin from falling at that time.

You're right, when there was that terrible pandemic, many people became desperate, not only did investors trust in bitcoin, there were also many who, in order to get out of their desperation, began to gamble in casinos, so at that time crypto and casinos were the most profitable businesses, then in this sense things can move towards doing things digitally, teleworking and everyone changed to take care of themselves, so you're right, covid-19 marked a global milestone in that sense.
during the covid 19 pandemic we saw many people starting to protect themselves and stay at home and do trading or investing in crypto. We thought at that time the price of crypto would go down, but it turned out that the crypto market was busy at that time and I also made a big profit at that time because my office was locked down and I was working from home.
Yeah, In the midst of problematic situations encountered during the pandemic, a lot of individuals are taking steps to upgrade their skills and learning. The treatment of investment and money management within academia may produce valuable information, possibly leading to future rewards. Not only should we be using our time at home to reinforce our existing interests, but we also have an opportunity to try out new hobbies which can considerably enrich our experiences. This experience also remembers us of the critical job networks and communities, including both online and offline spaces, play. Interacting or sharing experiences with others can lead to new opportunity alongside surprising inspiration. Getting together with others to help will support us moving forward with more clarity and preparing us for the future challenges.

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Re: Don't be in a Rush
« Reply #169 on: September 23, 2024, 04:09:30 PM »
Now and days alot of people have this mindset that trading is get rich quick scheme, which shouldn't be like that . I have seen alot of cases where newbies or individual with half-size knowledge about this space jumping into trading without any proper knowledge, some even go further starting with future trading, with the sole aim to make alot of profit fast .which is actually wrong , because you may endup making countless losses with such move .

so if you don't have good knowledge about trading please focus more on spot trading instead, because as time goes on your trading skills would increased with minimise risk . And also no matter the dip , aslong the coin you trading is well known and nice , it would surely recover from that dip and you may endup with good profit if you are patient enough. But if it was future trading, the dip may endup triggering your liquidation and your trading cash may endup liquidated.

A lot of people take crypto trading as gambling that's why they rush into and blow their accounts multiple times. To become a profitable trader takes time and you'd need to have a lot of experience, this means you might make some mistakes but you are definitely going to learn from them to become a better trader. For someone that's intermediate you shouldn't focus on future trading just like you said spot trading would be fine then after getting acquainted with the technicalities of the market you can advance into doing that. Been in the crypto space for three months doesn't make you an expert or just because you tried out a demo account doesn't mean you can handle a live account, take sometime to study and understand it first

Offline LUCKMCFLY

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Re: Don't be in a Rush
« Reply #170 on: September 23, 2024, 06:48:51 PM »
Trading is very important issue for best profitable in cryptocurrency world. But if we don’t understand in trading or invest in cryptocurrency market, we must be face in losses. Because if we can not understand in cryptocurrency world, we doing loss. I also believe that a good trader almost time careful in this issues. So that he will be able to success in trade or invest in cryptocurrency market. So i think that if you want to gain best profit from trading, you shouldn’t be rush.

It is a fact, whatever the way we must be prepared to win and lose, of course nobody wants to go through the terrible suffering of losing, but so that it does not affect us we must understand that sometimes losing in trading whether crypto or any action is something normal, the important thing is to know how to manage the balance that we are willing to lose so that it does not get worse and we end up losing everything and worse still, we do not fall into addictions unnecessarily, then the psychological factor is fundamental in everything.
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Re: Don't be in a Rush
« Reply #171 on: September 23, 2024, 07:15:21 PM »
Not only war, but inflation will also affect the price of bitcoin due to reduced demand for bitcoin. when covid occurred because many countries were locking down, so many citizens could not work, it made many new investors come to the crypto world because they were looking for income from investing in crypto, that's what kept the price of bitcoin from falling at that time.

You're right, when there was that terrible pandemic, many people became desperate, not only did investors trust in bitcoin, there were also many who, in order to get out of their desperation, began to gamble in casinos, so at that time crypto and casinos were the most profitable businesses, then in this sense things can move towards doing things digitally, teleworking and everyone changed to take care of themselves, so you're right, covid-19 marked a global milestone in that sense.
during the covid 19 pandemic we saw many people starting to protect themselves and stay at home and do trading or investing in crypto. We thought at that time the price of crypto would go down, but it turned out that the crypto market was busy at that time and I also made a big profit at that time because my office was locked down and I was working from home.

Covid-19 period was an unforgettable time and experience for many people and not only those in the crypto world. I can remember vividly at that time, I was not already into crypto. I wish I had knowledge about it by then. Many people got in during those times and made a lot of profits from investing and learning about crypto trading. I might have just got something to keep me busy by that time. But one thing about crypto is that, you can never be too late into the party and I’m so happy how far I’ve come since I learned and joined the crypto space. It has been an interesting journey that we forever cherish every moment.

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Re: Don't be in a Rush
« Reply #171 on: September 23, 2024, 07:15:21 PM »


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Re: Don't be in a Rush
« Reply #172 on: September 24, 2024, 07:34:42 PM »
Covid-19 period was an unforgettable time and experience for many people and not only those in the crypto world. I can remember vividly at that time, I was not already into crypto. I wish I had knowledge about it by then. Many people got in during those times and made a lot of profits from investing and learning about crypto trading. I might have just got something to keep me busy by that time. But one thing about crypto is that, you can never be too late into the party and I’m so happy how far I’ve come since I learned and joined the crypto space. It has been an interesting journey that we forever cherish every moment.
For many it was something new and now things look this way, because some did trading, others played in casinos, and they did well, others did badly, and others so-so, however these types of activities were done out of desperation, and that in part made many enter the world of crypto, and the main reason is that, the need to make money, that is something that is desperate, since many can say that things are very strong and in crypto there is that slight way of being able to get ahead, I like it when there are people who are doing well despite the way they entered.
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Re: Don't be in a Rush
« Reply #173 on: September 24, 2024, 11:16:26 PM »
Covid-19 period was an unforgettable time and experience for many people and not only those in the crypto world. I can remember vividly at that time, I was not already into crypto. I wish I had knowledge about it by then. Many people got in during those times and made a lot of profits from investing and learning about crypto trading. I might have just got something to keep me busy by that time. But one thing about crypto is that, you can never be too late into the party and I’m so happy how far I’ve come since I learned and joined the crypto space. It has been an interesting journey that we forever cherish every moment.
For many it was something new and now things look this way, because some did trading, others played in casinos, and they did well, others did badly, and others so-so, however these types of activities were done out of desperation, and that in part made many enter the world of crypto, and the main reason is that, the need to make money, that is something that is desperate, since many can say that things are very strong and in crypto there is that slight way of being able to get ahead, I like it when there are people who are doing well despite the way they entered.
Yes, during the Covid-19 pandemic, we saw many people starting to invest in crypto because of necessity, where many businesses were locked down while they needed money to meet their living needs, they finally started investing in crypto and some may have been active in gambling. Thankfully, we have survived that difficult time safely.

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Re: Don't be in a Rush
« Reply #174 on: September 24, 2024, 11:54:48 PM »
Yes, during the Covid-19 pandemic, we saw many people starting to invest in crypto because of necessity, where many businesses were locked down while they needed money to meet their living needs, they finally started investing in crypto and some may have been active in gambling. Thankfully, we have survived that difficult time safely.
People saw the potential of crypto investment, specifically since the person like Elon Musk supported crypto at that time. During Covid-19, we also realized that stock market was decreasing as well. So, many stock investors joined crypto investment as well. This makes a big hype in crypto investment.

There are some people who gamble but many people prefer invest in crypto or do bounties. Not everyone wants to gamble, some assume it is bad activity. However, it is true that we must thanks to the GOD. We still can get money from any sources, we can survive during the Covid-19.

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Re: Don't be in a Rush
« Reply #175 on: September 25, 2024, 03:51:25 PM »
Yes, during the Covid-19 pandemic, we saw many people starting to invest in crypto because of necessity, where many businesses were locked down while they needed money to meet their living needs, they finally started investing in crypto and some may have been active in gambling. Thankfully, we have survived that difficult time safely.
People saw the potential of crypto investment, specifically since the person like Elon Musk supported crypto at that time. During Covid-19, we also realized that stock market was decreasing as well. So, many stock investors joined crypto investment as well. This makes a big hype in crypto investment.

There are some people who gamble but many people prefer invest in crypto or do bounties. Not everyone wants to gamble, some assume it is bad activity. However, it is true that we must thanks to the GOD. We still can get money from any sources, we can survive during the Covid-19.
We have been through a difficult time during the pandemic because many activities were restricted. You are right, because during covid the stock price fell and many stock investors turned to crypto, which made crypto very popular and helped many people to earn income during covid, some participated in bounty campaigns, airdrops and some focused on trading in crypto.

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Re: Don't be in a Rush
« Reply #176 on: September 25, 2024, 06:30:34 PM »
Yes, because for people who believe in Bitcoin, they must have very strong strength and reasons why they are willing to hold for a very long time. even for years, surviving all bad rumors and FUD. for the sake of the desire and hope to truly meet the real bullrun era.

And if the strategy is to hold, do it, while increasing the accumulation of Bitcoin and other top altcoins that are thought to have high potential to go up again. it's just that this does require full patience and caution.

The thing is that Hodl will always be the best strategy, there is no doubt about that, as long as we have BTC it will always be good to be there following it, besides we are about to complete the 4 year cycle where probably the price could take a bullish jump and could bring benefits for many, that is what should be seen, however I am one of those who think that sometimes these cycles may or may not occur, but it is a fact that bitcoin would go up, the more you can buy btc or have even a little it is better to have it in nodo Hodl until you see benefits.
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Offline rizqillah

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Re: Don't be in a Rush
« Reply #177 on: September 26, 2024, 03:39:40 PM »
Yes, because for people who believe in Bitcoin, they must have very strong strength and reasons why they are willing to hold for a very long time. even for years, surviving all bad rumors and FUD. for the sake of the desire and hope to truly meet the real bullrun era.

And if the strategy is to hold, do it, while increasing the accumulation of Bitcoin and other top altcoins that are thought to have high potential to go up again. it's just that this does require full patience and caution.

The thing is that Hodl will always be the best strategy, there is no doubt about that, as long as we have BTC it will always be good to be there following it, besides we are about to complete the 4 year cycle where probably the price could take a bullish jump and could bring benefits for many, that is what should be seen, however I am one of those who think that sometimes these cycles may or may not occur, but it is a fact that bitcoin would go up, the more you can buy btc or have even a little it is better to have it in nodo Hodl until you see benefits.
As long as I follow the 4 -year cycle, I think Bullish Eason always occurs but the time is different after Halving. So we must always monitor the market if you want a long -term hold because the bullish season is the best time to sell our coins if planning a long -term hold.

Offline Ricardo11

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Re: Don't be in a Rush
« Reply #178 on: September 26, 2024, 03:59:26 PM »
As long as I follow the 4 -year cycle, I think Bullish Eason always occurs but the time is different after Halving. So we must always monitor the market if you want a long -term hold because the bullish season is the best time to sell our coins if planning a long -term hold.
Yes, I agree with you, generally the 4 year cycle of bitcoin is very important for a bitcoin investor and bitcoin. We see a halving event every four years, and each halving event is usually followed by a bullish season, and the best time for holders to sell their Bitcoin holdings after that bullish season is often the time to maximize profits. But this definitely requires market monitoring and proper research. And for this must continue long term investment.
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Offline Publictalk792

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Re: Don't be in a Rush
« Reply #179 on: September 26, 2024, 04:40:59 PM »
People saw the potential of crypto investment, specifically since the person like Elon Musk supported crypto at that time. During Covid-19, we also realized that stock market was decreasing as well. So, many stock investors joined crypto investment as well. This makes a big hype in crypto investment.

There are some people who gamble but many people prefer invest in crypto or do bounties. Not everyone wants to gamble, some assume it is bad activity. However, it is true that we must thanks to the GOD. We still can get money from any sources, we can survive during the Covid-19.
Yes COVID19 pandemic changed how people invest their money. Many turned to cryptocurrency crypto when stock market struggling and crashing. Famous people like Elon Musk helped make crypto more popular. Like I remember I saw Bitcoin at $4000 in COVID days.

Some think crypto is risky but others see it as smart investment or way to earn extra money. During pandemic people looked for new ways to make money and they entered in crypto and crypto helped them.
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