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Author Topic: Cryptocurrency holding and trading  (Read 5396 times)

Offline LUCKMCFLY

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Re: Cryptocurrency holding and trading
« Reply #45 on: November 05, 2024, 09:35:11 PM »
So it's better to stay safe and don't get swept away from the upward or downward flow of the market now because its fast now. More volatility means more volume and that happens only for short period of time.

I prefer holding just like you said it backs us even when we make loss from trades.

You are absolutely right, personally I think that on November 5th or since then there is great uncertainty, because we know very well that one of the most important fundamental reasons of all will be at stake, and that is to be with the BTC whether it goes up or down, that is, we do not know if Christmas will come early or possibly the BTC Christmas will happen until 2025, because obviously even if they say no, the price will be affected by these US elections, that is why whoever is applying the DCA method is a fact that has to be applied with great caution and follow the plan.
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Re: Cryptocurrency holding and trading
« Reply #45 on: November 05, 2024, 09:35:11 PM »

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Re: Cryptocurrency holding and trading
« Reply #46 on: November 05, 2024, 11:00:18 PM »
Trading can result in temporary losses but well planned strategy reduces risks. To succeed in unpredictable crypto market invest smaller amounts regularly and choose assets wisely and avoid putting in large sums at once. This helps reduce risks and increase potential profits and build strong portfolio over time. Consistency is very important and once you have solid portfolio you can consider growing your investments carefully. By being patient and diversifying and managing risk traders can achieve success and make profits in crypto market.
I agree with you, it is clear that a feature of being a successful trader is for you to be able to choose the token to place your trades on very wisely.. otherwise you can fall into a pump and dump token and likely loose funds...

Also not going with all capital at once into any trade is very advisable and professional cause I've learnt it through experience...
Once you use all capital to place any trade, once the market beats below or above your price.... U'll have to wait for the market to bounce back to your favor before you can place another trade in the case of winning profits otherwise you'll have to experience loss to get back into the trading cycle.
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Re: Cryptocurrency holding and trading
« Reply #46 on: November 05, 2024, 11:00:18 PM »

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Offline legend45

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Re: Cryptocurrency holding and trading
« Reply #47 on: November 06, 2024, 03:59:04 AM »
Trading can result in temporary losses but well planned strategy reduces risks. To succeed in unpredictable crypto market invest smaller amounts regularly and choose assets wisely and avoid putting in large sums at once. This helps reduce risks and increase potential profits and build strong portfolio over time. Consistency is very important and once you have solid portfolio you can consider growing your investments carefully. By being patient and diversifying and managing risk traders can achieve success and make profits in crypto market.
I agree with you, it is clear that a feature of being a successful trader is for you to be able to choose the token to place your trades on very wisely.. otherwise you can fall into a pump and dump token and likely loose funds...

Also not going with all capital at once into any trade is very advisable and professional cause I've learnt it through experience...
Once you use all capital to place any trade, once the market beats below or above your price.... U'll have to wait for the market to bounce back to your favor before you can place another trade in the case of winning profits otherwise you'll have to experience loss to get back into the trading cycle.
in trading do not use large capital because if we decide to trade we will be faced with great risks because the crypto market is very volatile and when it goes down we will be trapped in the price and have to wait for amam if we want the money back. I only use 20 4 of my crypto assets to trade, and I think this is very safe to trade.
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Re: Cryptocurrency holding and trading
« Reply #48 on: November 06, 2024, 03:33:37 PM »
Trading can result in temporary losses but well planned strategy reduces risks. To succeed in unpredictable crypto market invest smaller amounts regularly and choose assets wisely and avoid putting in large sums at once. This helps reduce risks and increase potential profits and build strong portfolio over time. Consistency is very important and once you have solid portfolio you can consider growing your investments carefully. By being patient and diversifying and managing risk traders can achieve success and make profits in crypto market.
I agree with you, it is clear that a feature of being a successful trader is for you to be able to choose the token to place your trades on very wisely.. otherwise you can fall into a pump and dump token and likely loose funds...

Also not going with all capital at once into any trade is very advisable and professional cause I've learnt it through experience...
Once you use all capital to place any trade, once the market beats below or above your price.... U'll have to wait for the market to bounce back to your favor before you can place another trade in the case of winning profits otherwise you'll have to experience loss to get back into the trading cycle.
in trading do not use large capital because if we decide to trade we will be faced with great risks because the crypto market is very volatile and when it goes down we will be trapped in the price and have to wait for amam if we want the money back. I only use 20 4 of my crypto assets to trade, and I think this is very safe to trade.
I think implementing your decisions for trading can be very positive for a trader. If the price goes down immediately after buying the currency, traders should have more buying power to avoid further losses and tend to buy more with the money they have.

In the long run, you can reduce the UP in your portfolio by buying small amounts and potentially making huge profits.

Through this process it is possible to reduce the investment risk to a great extent and your policy can have a very positive impact for a trader.
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Re: Cryptocurrency holding and trading
« Reply #49 on: November 06, 2024, 05:05:35 PM »
You are absolutely right, personally I think that on November 5th or since then there is great uncertainty, because we know very well that one of the most important fundamental reasons of all will be at stake, and that is to be with the BTC whether it goes up or down, that is, we do not know if Christmas will come early or possibly the BTC Christmas will happen until 2025, because obviously even if they say no, the price will be affected by these US elections, that is why whoever is applying the DCA method is a fact that has to be applied with great caution and follow the plan.
Well the results are out, and BTC was already so bullish even before the results, which means some traders were already keeping an eye on the US election and watching local news of their and making trades. This means, that there already was a word in the market that Trump will win and Kamala will lose, although it was a good and strong competition but I don't know if it's right to say that Crypto support must have given extra votes to Trump.

DCA is the best method for bear market but if you want to do DCA now then that's okay too, as it will save you from losses that you might face if you will do Lump Sum.
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Offline jeraldskie11

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Re: Cryptocurrency holding and trading
« Reply #50 on: November 06, 2024, 05:29:40 PM »
You are absolutely right, personally I think that on November 5th or since then there is great uncertainty, because we know very well that one of the most important fundamental reasons of all will be at stake, and that is to be with the BTC whether it goes up or down, that is, we do not know if Christmas will come early or possibly the BTC Christmas will happen until 2025, because obviously even if they say no, the price will be affected by these US elections, that is why whoever is applying the DCA method is a fact that has to be applied with great caution and follow the plan.
Well the results are out, and BTC was already so bullish even before the results, which means some traders were already keeping an eye on the US election and watching local news of their and making trades. This means, that there already was a word in the market that Trump will win and Kamala will lose, although it was a good and strong competition but I don't know if it's right to say that Crypto support must have given extra votes to Trump.

DCA is the best method for bear market but if you want to do DCA now then that's okay too, as it will save you from losses that you might face if you will do Lump Sum.
Before Trump win the election, the market was already bullish. But his win had triggered the impulsive move to the upside that made the price hit $74k. If ever Trump fail the election, I wouldn't think that bearish market will come again. I believe the market will continue doing side ways when that happened, and then wait for another big thing to happen that can trigger the price to explode. We are so near at $100k and it is very possible to happen.

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Re: Cryptocurrency holding and trading
« Reply #51 on: November 06, 2024, 07:29:38 PM »
In trading we must have knowledge and be able to make fundamental and technical analysis. If we can't do that, it's the same as gambling because we only rely on luck. Seek knowledge and start practicing skills so that we succeed in trading.
Many people who at the beginning when learning to trade experienced losses but they continued to practice and eventually became professional traders who have expertise in trading
Trading is not a thing like a gambling where you can depend on luck and invest here money here it is for the other sector what is on the others market.
Like we learn freelancing like the web desingin, graphics designing, Digital Marketing etc. And in case of trading we have to also give time to learn the trading analysis and know the fundamentals basics. But peoples thought they can have easily money from it and here they did mistake and invest their and loose as like the others do.

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Re: Cryptocurrency holding and trading
« Reply #51 on: November 06, 2024, 07:29:38 PM »


Offline UNIVERSE

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Re: Cryptocurrency holding and trading
« Reply #52 on: November 06, 2024, 09:59:54 PM »
Before Trump win the election, the market was already bullish. But his win had triggered the impulsive move to the upside that made the price hit $74k. If ever Trump fail the election, I wouldn't think that bearish market will come again. I believe the market will continue doing side ways when that happened, and then wait for another big thing to happen that can trigger the price to explode. We are so near at $100k and it is very possible to happen.
Yes, we are in the bullish season in the early of 2024. However, the win of Trump triggers a more massive increase of Bitcoin price. It also triggers the whole altcoins increase significantly as well. It is because the investors become more optimistic with crypto future. Trump has said to support crypto industry. He even promised US to lead crypto victory. And he also promised to fire Gary Gensler who becomes the bad boy in crypto industry. He is the person who made a lot of accusations in crypto platforms.


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Re: Cryptocurrency holding and trading
« Reply #53 on: November 07, 2024, 06:36:04 PM »
In trading we must have knowledge and be able to make fundamental and technical analysis. If we can't do that, it's the same as gambling because we only rely on luck. Seek knowledge and start practicing skills so that we succeed in trading.
Many people who at the beginning when learning to trade experienced losses but they continued to practice and eventually became professional traders who have expertise in trading

To start trading we need to gain good experience about trading. We know that trading requires experience. If we start trading depending on luck, we will not do well. Many people start trading depending on luck when they are new to trading.  They may not know that trading requires skill. There are people who think that trading and gambling are the same. Those who think like that are mistaken. Gambling requires luck while trading requires experience and skill.

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Re: Cryptocurrency holding and trading
« Reply #54 on: November 07, 2024, 07:00:11 PM »
Before Trump win the election, the market was already bullish. But his win had triggered the impulsive move to the upside that made the price hit $74k. If ever Trump fail the election, I wouldn't think that bearish market will come again. I believe the market will continue doing side ways when that happened, and then wait for another big thing to happen that can trigger the price to explode. We are so near at $100k and it is very possible to happen.
You are right, if he had lost the elections still market would still not dump or would give bearish sentiments instead it would if dumped then it would be for a short time or otherwise side ways just like you said. And after some time if she announced some thing in favor of crypto then yeah market would boom too but now all cards are in favor of crypto.

$100k is a good target and I am very bullish for BTC that it will touch $100k soon but in this year I think that's no possible, I think the most it can touch in this year is $80k and nothing more but I hope it would outperform my expectations.
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Re: Cryptocurrency holding and trading
« Reply #55 on: November 12, 2024, 01:01:14 AM »
Well the results are out, and BTC was already so bullish even before the results, which means some traders were already keeping an eye on the US election and watching local news of their and making trades. This means, that there already was a word in the market that Trump will win and Kamala will lose, although it was a good and strong competition but I don't know if it's right to say that Crypto support must have given extra votes to Trump.

DCA is the best method for bear market but if you want to do DCA now then that's okay too, as it will save you from losses that you might face if you will do Lump Sum.

Without a doubt, the BTC community undoubtedly supported BTC, those who didn't, well, bad luck, they lost their vote and they are respected, but fundamentally things were coming, I know that Trump's victory triggered the good bullish rally for the market, which is still being enjoyed, many expect it to reach $100k, can it? Yes, totally, that's a fact, but you have to be patient, I think that world events will slowly get better and things will improve in the world, there will be fewer wars, and that will give more confidence to the market.
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Re: Cryptocurrency holding and trading
« Reply #56 on: November 14, 2024, 11:37:09 PM »
Well the results are out, and BTC was already so bullish even before the results, which means some traders were already keeping an eye on the US election and watching local news of their and making trades. This means, that there already was a word in the market that Trump will win and Kamala will lose, although it was a good and strong competition but I don't know if it's right to say that Crypto support must have given extra votes to Trump.

DCA is the best method for bear market but if you want to do DCA now then that's okay too, as it will save you from losses that you might face if you will do Lump Sum.

Without a doubt, the BTC community undoubtedly supported BTC, those who didn't, well, bad luck, they lost their vote and they are respected, but fundamentally things were coming, I know that Trump's victory triggered the good bullish rally for the market, which is still being enjoyed, many expect it to reach $100k, can it? Yes, totally, that's a fact, but you have to be patient, I think that world events will slowly get better and things will improve in the world, there will be fewer wars, and that will give more confidence to the market.
Trump's victory that made the price of bitcoin reach ATH is something extraordinary and many people predict that bitcoin will have a bright future during Trump's leadership, but we'll just have to see whether Trump will keep his promise to support bitcoin and hopefully the policies taken by Trump during his time as a US president will always provide good news for the crypto market.
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Re: Cryptocurrency holding and trading
« Reply #57 on: November 15, 2024, 08:46:36 AM »
Before Trump win the election, the market was already bullish. But his win had triggered the impulsive move to the upside that made the price hit $74k. If ever Trump fail the election, I wouldn't think that bearish market will come again. I believe the market will continue doing side ways when that happened, and then wait for another big thing to happen that can trigger the price to explode. We are so near at $100k and it is very possible to happen.
You are right, if he had lost the elections still market would still not dump or would give bearish sentiments instead it would if dumped then it would be for a short time or otherwise side ways just like you said. And after some time if she announced some thing in favor of crypto then yeah market would boom too but now all cards are in favor of crypto.

$100k is a good target and I am very bullish for BTC that it will touch $100k soon but in this year I think that's no possible, I think the most it can touch in this year is $80k and nothing more but I hope it would outperform my expectations.
Your prediction is wrong, mate. Bitcoin price has reached ATH $93K, the impact of Trump's victory is very good for the crypto market, especially Bitcoin. and I think Bitcoin will now experience a correction and then rise to a price of $95K or close to $100K. Bitcoin has become increasingly popular since Trump announced that he would support Bitcoin and would take policies that support Bitcoin during his administration.
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Re: Cryptocurrency holding and trading
« Reply #58 on: November 15, 2024, 02:04:42 PM »
Without a doubt, the BTC community undoubtedly supported BTC, those who didn't, well, bad luck, they lost their vote and they are respected, but fundamentally things were coming, I know that Trump's victory triggered the good bullish rally for the market, which is still being enjoyed, many expect it to reach $100k, can it? Yes, totally, that's a fact, but you have to be patient, I think that world events will slowly get better and things will improve in the world, there will be fewer wars, and that will give more confidence to the market.
About wars you are so true and I hope it will come to an end lot of people are losing their lives. Trump is a good man though as in past he stopped some wars like in Afghanistan he stopped the war and ordered the troops to come back to the USA. Well, don't know if he made that happened or the establishment was on his side too whatever the war ended and I hope the same will happen here as well.

Finger are crossed and besides war we can really see BTC making $100k touching but to be honest Its not enough for me haha I am more greedy now and I want BTC to touch $1 million in one night haha. I want to be so rich just over night. Just kidding I know that's not possible but keeping the adoption level in mind what you think about the future of BTC?
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Re: Cryptocurrency holding and trading
« Reply #59 on: November 16, 2024, 09:31:43 PM »
Without a doubt, the BTC community undoubtedly supported BTC, those who didn't, well, bad luck, they lost their vote and they are respected, but fundamentally things were coming, I know that Trump's victory triggered the good bullish rally for the market, which is still being enjoyed, many expect it to reach $100k, can it? Yes, totally, that's a fact, but you have to be patient, I think that world events will slowly get better and things will improve in the world, there will be fewer wars, and that will give more confidence to the market.
About wars you are so true and I hope it will come to an end lot of people are losing their lives. Trump is a good man though as in past he stopped some wars like in Afghanistan he stopped the war and ordered the troops to come back to the USA. Well, don't know if he made that happened or the establishment was on his side too whatever the war ended and I hope the same will happen here as well.

Finger are crossed and besides war we can really see BTC making $100k touching but to be honest Its not enough for me haha I am more greedy now and I want BTC to touch $1 million in one night haha. I want to be so rich just over night. Just kidding I know that's not possible but keeping the adoption level in mind what you think about the future of BTC?
Nobody likes war because it will cause a lot of losses, why don't they try to find peace by negotiating?
as a government should consider the losses that will be obtained when deciding on war,
And Trump is a figure who likes peace, hopefully with Trump's election he can help get the warring parties.

 

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