Topic: A few suggestions for profit on the crypto market.. - page 2. (Read 2161 times)
Its a good suggestion but some of them are really hard to execute, finding the right entry point is the hardest part, it need a good technical analysis and a lot of experience, entry at the wrong time can cause losing money or stagnant investment, and I think people should not trade based on the historical chart because the market situation is different from time to time, trading can't be based only by theory, it also need some experience in the market, and in trading yoy need to act based by logic not by emotion
A simple suggestion to make huge profits in crypto world,buy the bitcoins as much as you can and keep them in a cold storage for five or more years then come back to it and you will be amazed how much profits you made. 
For the short term we can do mining or trading as per our capital and skills.
For the short term we can do mining or trading as per our capital and skills.
Agree with your strategy.If anyone wants to save for a long-term.They should secure their wallet by the cold storage.They have to follow the basic trading strategy to get profit at all the price.
You have to buy all the cryptocurrency at low price as much possible and sell at high price as much possible.
This leads huge profits for your investments.
The best suggestion one could give for profit in the crypto market is that, invest in the coin which you feel has the most potential and hold onto it. Volatility has been a major characteristic feature of the coins, hence one should not get scared by the dips that the market face.
Also, since the prices of the coin have just started to see an increase, it is the best time to invest in coins. Go for a coin with good market capital and a stable growth. The coin should be well accepted in the financial market and have a good development team behind it.
Also, since the prices of the coin have just started to see an increase, it is the best time to invest in coins. Go for a coin with good market capital and a stable growth. The coin should be well accepted in the financial market and have a good development team behind it.
A simple suggestion to make huge profits in crypto world,buy the bitcoins as much as you can and keep them in a cold storage for five or more years then come back to it and you will be amazed how much profits you made.
For the short term we can do mining or trading as per our capital and skills.
More like an easy way to just discard all the noises in the market within those periods and come back later on when more people are beginning to want to join at even a much higher price and willing to pay anything for it. All the same, it is still always very necessary to play that part well and be ready to do the needful before investing.For the short term we can do mining or trading as per our capital and skills.
By doing the needful, I mean, finding out the best time to invest and get the best at least for bitcoin and I am sure there is nothing much to understand about bitcoin future in the long run as that should be glaring enough to most people. Or on the other way round, just keep buying the dips and focusing more on the future. You can't miss it.
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Keep up to date news to win
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Find the right entry point
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Find the right entry point
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These two are the points which are best here. Most of the time this world is all about the surrounding news and it highly fluctuates based on it. This is why keeping ourselves up to date with the crypto currencies news is very much important.
Finding entry point, yes many people dont understand this or dont look at this at all. Entry point is important because that will decide how much profits we will be getting after the prices starts moving upwards from that point. This point must be such that from there onwards the prices must be going upwards only. (Mostly ~ bottom prices).
Excellent sir, what a article by you. i really appreciate your words. Crypto world is totally different from stock or Forex. i saw many a time a coin coming from nowhere and getting 300% in a single day and next day all is dump. So i am following your rules to do good in crypto market.
HOlding is the best thing you can do for profit if you do not know anything about cryptocurrency or the crypto market. MAny holders have multiply their balance to many times. HOlding bitcoin is the safest way but if you want to earn more money, hold other coins such as ethereum, NEO, ripple
Well, now we can see that advises in the manner of "invest in other than Bitcoin crypto to earn more" are not always good ones. Let me demonstrate with numbers that the above advice was wrong and should be rather formulated as "if you want to lose more money, hold other coins ... "
Here's how the price of coins mentioned in the quoted text has declined since the time of posting, May 28, 2018 to this day:
BTC $7,200 -> $6,465
ETH $579 -> $193
XRP $0.61 -> $0.27
NEO $50 -> $18
As you can see Bitcoin has lost roughly 10%, while all the other coins from the list have been deprived of 50%+ of their price.
And what does that tell us? In my opinion, it tells us that most people are fully aware all other coins are not really much better than the cryptoking. Bitcoin, even despite its well-known shortcomings such as slow confirmation times and high transaction costs does its job pretty well. Some coins are faster (like Litecoin), some have special features (like Ethereum), but people need a reliable and trusted currency which does what a currency should minimally do, that is transfer value. I don't personally believe in Bitcoin as digital gold as gold is a totally different beast, but Bitcoin fits well where fiat currencies fail, first of all, at being independent from the whims of governments and other third parties (for example, banks).
HOlding is the best thing you can do for profit if you do not know anything about cryptocurrency or the crypto market. MAny holders have multiply their balance to many times. HOlding bitcoin is the safest way but if you want to earn more money, hold other coins such as ethereum, NEO, ripple
Well, now we can see that advises in the manner of "invest in other than Bitcoin crypto to earn more" are not always good ones. Let me demonstrate with numbers that the above advice was wrong and should be rather formulated as "if you want to lose more money, hold other coins ... "
Here's how the price of coins mentioned in the quoted text has declined since the time of posting, May 28, 2018 to this day:
BTC $7,200 -> $6,465
ETH $579 -> $193
XRP $0.61 -> $0.27
NEO $50 -> $18
As you can see Bitcoin has lost roughly 10%, while all the other coins from the list have been deprived of 50%+ of their price.
Very insightful, thanks for your attention. Also for myself I decided not to be greedy about my profits, anyway I can not earn all money here, so I'm trying to get what I can and not be concerned about that I can not.
That is called sticking to your plan and this is very important because you make your business plan in the start when you decide about investing in a particular coin backed by the term of investment. I believe that it is very important to be aware about the market and the technology you are dealing in and only then you can pursue in the business of cryptocurrency and this is the key behind the success of many investors.At least, you need knowledge and some sort of strategy before you can even end up having a plan, isn't it ?
The only idea that pops into people's head is the idea of wanting to get rich quick and that has made them to lose sight of what is even more important and the reason they should be more focused on the future. Knowledge is highly needed in this space and it is only when you have that you will be able to make very good decisions even despite the risks involved.
I would rather hold some bags and make sure I do not lose money by selling low than just selling low and try again with lower entry point or some other coin. I feel like while holding coins I either support the developers of that coin or purely support the coin itself against other people.
I have been discussing the same thing with a friend and if you are going to buy a coin for a long term investment I think getting a proof-of-stake coin is the way to go, that way you can start staking right away and still not lose too much during a bear market. When the price goes back up to what the ATH was, you can sell even more because you staked it during the bear market.
I have been discussing the same thing with a friend and if you are going to buy a coin for a long term investment I think getting a proof-of-stake coin is the way to go, that way you can start staking right away and still not lose too much during a bear market. When the price goes back up to what the ATH was, you can sell even more because you staked it during the bear market.
Very insightful, thanks for your attention. Also for myself I decided not to be greedy about my profits, anyway I can not earn all money here, so I'm trying to get what I can and not be concerned about that I can not.
That is called sticking to your plan and this is very important because you make your business plan in the start when you decide about investing in a particular coin backed by the term of investment. I believe that it is very important to be aware about the market and the technology you are dealing in and only then you can pursue in the business of cryptocurrency and this is the key behind the success of many investors. Its a great idea ro anyone who wants to be a real success in the becoming years,.mostly people scared ro do investing especially in a long time period.,but we'll just dont mind it,someday you will become one of the richest one someday.
Yes great idea it is, buy now hold and invest once again, good time has come for us price is not very high for now so buy some coin, hold them patiently and sell when it will be high, this way you can invest your profit again and will get well grown money back as profit, so never stop investing just get profit and invest again and again at low price and sell at high price.
Its a great idea ro anyone who wants to be a real success in the becoming years,.mostly people scared ro do investing especially in a long time period.,but we'll just dont mind it,someday you will become one of the richest one someday.
A simple suggestion to make huge profits in crypto world,buy the bitcoins as much as you can and keep them in a cold storage for five or more years then come back to it and you will be amazed how much profits you made.
For the short term we can do mining or trading as per our capital and skills.
For the short term we can do mining or trading as per our capital and skills.
Thanks for valuable comments.
Very insightful, thanks for your attention. Also for myself I decided not to be greedy about my profits, anyway I can not earn all money here, so I'm trying to get what I can and not be concerned about that I can not.
And for the new investor the right moment to enter the crypto market is now specially that all of the prices of good cryptos is very low. The only problem is that who to get these new investors to invest in the market as there are negative people who are spreading bad news and having current investors stay and encourage them to still invest as some of them are getting discouraged of the current market trend.
Currently the cryptocurrency market is in a recovery phase so it is a good time to buy in good coin to invest in the future. Choose the coin that has a large community of supporters in the cryptocurrency market that are coin with stable growth and often grow rapidly due to the large community. 
For profits in the crypto market:
Keep a close eye on the statistics of the coin. Market capital of the coin play a great role in earning profits.
Go for coins with successful projects behind them and with the ones having good and advanced blockchain.
Do not invest all of your capital in a single coin. Also, try investing in the coins which are among the top 10 ranks in the crypto list. This reduces the chances of risky investment and also increase the profit percentage.
Keep a close eye on the statistics of the coin. Market capital of the coin play a great role in earning profits.
Go for coins with successful projects behind them and with the ones having good and advanced blockchain.
Do not invest all of your capital in a single coin. Also, try investing in the coins which are among the top 10 ranks in the crypto list. This reduces the chances of risky investment and also increase the profit percentage.
As the number of crypto currencies increases and more sophisticated tools such as future transactions enter the crypto market, monetization will become increasingly difficult. It is not a smart investment strategy to wait for the crypto money market to buy and rise without any help anymore. Now developing profitable crypt money investment strategies has become more complicated.
The fact that the traditional strategies used to make trading decisions are not fully implemented in the cryptography market makes the business more complex. For example, when valuing stocks, price / earnings ratio etc. A basic analysis can be done using as many ratios as possible. These are concepts that do not apply to crypto markets. Is it possible to make money on a market that analyzes crypto money and has a very high volatility but is quite profitable on the other hand? Yes.
Follow transaction volumes
The first thing you need to do before investing in a crypto money is to look at the trade volume. As a rule, if you do not have some news about a low-volume crypto, follow the crypts that have high transaction volumes every day. High volumes refer to the liquidity of a Crypto. And he tells us that this crypto is an active community of money. The problem with low-volume cryptography is often that it is not a strong community that supports them. These types of crypto money can easily lead to losses because they have the potential to be withdrawn from the stock market.
Use Sharpe rate
After reviewing the daily trading volumes of crypto money, focus on their historical price movements. The best way to do this is to use a financial rate known as the Sharpe rate. Of course, you do not have to manually calculate this rate. You can easily find the time calculation you are looking for on the Internet. The Sharpe rate measures the potential return on the basis of the volatility of an asset. Higher numbers than 1 are often indicative of a high potential return. Given that year 2017 is the lucrative year of crypto money, the Sharpe rate is higher than 1 in most cases. Therefore, you can take advantage of this position to invest in profitable crypto money and identify cryptos with the highest Sharpe rate compared to others on the market.
Keep up to date news to win
You should closely follow developments about crypto money. you should take a closer look at the crypto news from different sources to determine what crypto money will be. Our site publishes dozens of daily content about the latest news on the crypto money market. In this context, you can quickly learn about developments by opening your instant notifications to learn about those developments that may be worth your while.
For example, Zclassic, investors with ZClassic who will be forked to create Bitcoin Private, Bitcoin Private will get as much money as coins in their hands. This is great news, and if Zclassic already meets the other criteria we have already mentioned above, then this news indicates that the likelihood of ZClassic's appreciation will be quite high. The demand for Zclassic is likely to grow in the coming days with people expecting to make some free crypto money. Such a high level of importance and early learning of news that will affect the prices of cryptographic money can provide you with the right time to move. Sometimes news does not give such clear information. This is what we call basic analysis, which means reading and analyzing interlinking news about crypto money. Your news will be highly experienced and you will also increase your basic analysis power.
Find the right entry point
You have decided on the coins to invest now. The last stage is to find the right entry point for your investment. Technical analysis has always been the best strategy for finding an entry point when investing in financial assets. The best way to use technical analysis to find a good entry point is to understand the candle bar models. If you want to buy Bitcoin, the wax bar model that rises in the weekly chart will be a good indicator that it is time to enter the market. Of course, these technical analysis methods that we mentioned in the most basic sense do not give you a profit guarantee. But they are quite convenient tools you can use on the road to the black.
If you follow these steps and your luck goes away, you can make profitable investments in this crypto market. The last advice we can offer, and perhaps most importantly, do not buy or sell with absolutely no fear of opportunity (a sort of FOMO situation). Remember, there are always opportunities in this market. And never will end .. Buy it, sell it when you see the snow, it's that simple
Newbies however see bull runs as a healthy sign and blindly invest without knowing what risks they expose themselves to. Noobs always complain about the price to go up when they sell, and go down when they buy; they just need to figure out why that happens and that they should do the exact opposite.
Very well said. I've been there so I know how true is that. But with time people learn and so shall I. I just hope that one day I'll be able to give some advice to newbies just like it with confidence.
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