How to survive cryptocurrency - page 3.

Kasabus

hero member

Activity: 2814

Merit: 576

Very creative, Grin

Thank you for sharing it although I read the same thought many times, but it's useful for newbie.
I trust more this forum than the information I read from outside which is coming from a certain site a single writer, and so on.
I feel like we have the bond here and that we care for each other.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: alisafidel58 on April 01, 2019, 01:20:04 AM

Quote from: DoublerHunter on April 01, 2019, 12:52:23 AM

Quote from: alisafidel58 on April 01, 2019, 12:37:55 AM

Heres a basic answer.

Buy low sell high. Repeat, rinse and scale.

Bitcoin is highly volatile then, yes you could do that strategy. But I must go on this basic strategy on how to survive Bitcoin.

Buy low, ~~sell high~~ and hold a long time as an investment. At this point, there's high a chance to earn profit but it takes longer time maybe. At the end always bitcoin is the best.

If your holding for a long time then you are taking away the profits that you can get. Surviving just by holding is not a good idea you need to fight them within the market so that profit will flow into your pocket.

trading, specially in short term like day trading, is not for everyone. many will lose a lot of money trying it. for most people it is more suitable to do it in a rather longer term and during times where things are very clear. like selling on the top of the bubble then buying back a couple of months later (eg. sell at $18k buy back at $10k).
not to mention that trusting exchanges since they run away, scam, get hacked,... every day is not a choice that everyone makes.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: Haunebu on April 01, 2019, 01:31:22 AM

Quote from: Mpamaegbu on March 31, 2019, 06:19:06 PM

Quote from: ?? on ??

Heres a short and sweet answer, buy bitcoins, hodl.

Simple as that.

Don't make it sound like it's a guaranteed investment buying Bitcoin. It's not! I am sure those who sold property to buy Bitcoin during its ATH in December 2017 will understand what am saying here. Every business has its inherent risk, so also does cryptocurrency. The industry is erratic as it is at the moment.

This is true, but HODLING is far easier and less stressful when compared to day-trading which is why what he said makes sense.

There is always the risk of losing our investment in this market due to its volatility, but HODLING BTC is far safer than HODLING altcoins overall.

many people attributed the fall in prices 2 years ago to evidence of a holding failure, even though the holding was not only held for 2 years, it could be 3 years or more and of course the price of recovering would guarantee that you would profit from holding.

Gaff

hero member

Activity: 924

Merit: 502

Quote from: Malsetid on April 02, 2019, 08:40:13 PM

Quote from: Moiyah on April 01, 2019, 09:28:29 PM

I am doing that tips for such a long time that is why I am very confident that I am still surviving until now. Having a strong positive mindset will also give us to become successful here in cryptocurrency. I don't have any smerits to give and you deserve one. Lol. But anyway, setting aside our emotions will also make us to survive.

I think that's the basic point in surviving. In a market that will see your assets either plunge or spike, your emotions should be well under control. When your emotions become a part of your decision making based on what you're seeing in the charts, then there are a lot of problems that can happen. So keep them detached to put it simply.

Learning to manage our emotions cannot be easy during stressful times of facing difficulties. Don't do frequent check of the price of crypto, for you to avoid panic which will cause a lot of troubles in the future of your asset. The key to survive can be attain once you'll be able to meet those goals that you've set. Before you reach those goals, always cherish good moments and always have a positive outlook in life.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: Bitcoin_Arena on April 01, 2019, 04:27:34 PM

Quote from: goaldigger on March 31, 2019, 06:07:03 PM

Cryptocurrency is really a stressful market so here's the list that can help us specially newbie.
G
I
V
E

M
E
R
I
T
i hope we can help someone today. If you have any tips then post it below and lets all help each other.

Well my eyes were being a bit critical. Message decypted.
So what's the significance of giving merit to survive a "stressful" Market.

I've noticed that but I'm more focused to the discussion that he is bringing up. The effort he made there is good for bringing up a meaning and sentece for each of those letters.

It's a hint on what he wants.

jhonjhon

full member

Activity: 1316

Merit: 126

We can make it right and survive for any market trends changes if we are willing to accept the risk though.
I probably learn a lot in the forum, being impatient, lazy individual and relying others will bring us into down.
We should have to work our investment to make it profitable and create strategies our own.

Malsetid

hero member

Activity: 924

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: Moiyah on April 01, 2019, 09:28:29 PM

I am doing that tips for such a long time that is why I am very confident that I am still surviving until now. Having a strong positive mindset will also give us to become successful here in cryptocurrency. I don't have any smerits to give and you deserve one. Lol. But anyway, setting aside our emotions will also make us to survive.

I think that's the basic point in surviving. In a market that will see your assets either plunge or spike, your emotions should be well under control. When your emotions become a part of your decision making based on what you're seeing in the charts, then there are a lot of problems that can happen. So keep them detached to put it simply.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: Hamphser on April 01, 2019, 06:26:39 PM

Quote from: hxtop on April 01, 2019, 04:09:35 PM

If you do not make successful investments in stock markets before and if your market knowledge and experience is strong, you can consider making medium and short term investments in the krpto money market. However, if you do not have such experience, you can get the most successful results in the long term by buying classically and waiting for the next up trend.

Neither way short or long as long you would be profitable or having an effective trading plans would already be good. Surviving this market wont really be that
easy because the profitable ones would sustain and lossers either will fight back or just simply let their investment lost and being donated to those who profit.
Mistakes are the great teachers and you should utilize these things for you to be a better trader or investor.

no market is easy, in fact making profit is never easy. if it were then everyone would have been rich by now. the difference is only made when people make an extra effort in order to become successful. otherwise when they just randomly throw their money away at different altcoins and bag hold them hoping to make profit, they will always lose.
it is not about "surviving" the market. it is all about knowing how to move with the current instead of against it.

Moiyah

member

Activity: 630

Merit: 20

I am doing that tips for such a long time that is why I am very confident that I am still surviving until now. Having a strong positive mindset will also give us to become successful here in cryptocurrency. I don't have any smerits to give and you deserve one. Lol. But anyway, setting aside our emotions will also make us to survive.

Isiaka208

copper member

Activity: 411

Merit: 1

Good advice/tips. Very important we remind ourselves the culture of investing and how to go about it. Your merits will come from your gains, keep believing!

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: hxtop on April 01, 2019, 04:09:35 PM

If you do not make successful investments in stock markets before and if your market knowledge and experience is strong, you can consider making medium and short term investments in the krpto money market. However, if you do not have such experience, you can get the most successful results in the long term by buying classically and waiting for the next up trend.

Neither way short or long as long you would be profitable or having an effective trading plans would already be good. Surviving this market wont really be that
easy because the profitable ones would sustain and lossers either will fight back or just simply let their investment lost and being donated to those who profit.
Mistakes are the great teachers and you should utilize these things for you to be a better trader or investor.

jhongzjhong

full member

Activity: 798

Merit: 109

https://bmy.guide

Quote from: kucritt on April 01, 2019, 05:59:37 PM

wow that is the nice one you can makes the senteces from MERIT, we need some merit if we want to makes our account is 'important' and 'popular' on this forum, but getting merit by making a good activity. it will be hard hahaha

Hmmp just kinda off topic here.
In order to survive cryptocurrency is very simple, of course, the dev is always finding ways which part of their projects need to have improved so that investors will always come. Mass adoption is the major part of crypto must have in order to survive into the market. However, If you don't have holders the value of coins will be dropped too much and there's possible cant recover.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: Bitcoin_Arena on April 01, 2019, 04:27:34 PM

Quote from: goaldigger on March 31, 2019, 06:07:03 PM

Cryptocurrency is really a stressful market so here's the list that can help us specially newbie.
G
I
V
E

M
E
R
I
T
i hope we can help someone today. If you have any tips then post it below and lets all help each other.

Well my eyes were being a bit critical. Message decypted.
So what's the significance of giving merit to survive a "stressful" Market.

maybe the op wants to recieve some merrits from other users , that is why he used the acronym " give merrits " but anyway , i still thank the op for its effort to post such helpful and goofy content . though imo , we dont need to follow that all but rather we can only follow one or two rules ( main rules ) namely " being patient " and the other one could be " be wise " being wise can include to be smart and other good traits .

kucritt

full member

Activity: 616

Merit: 100

wow that is the nice one you can makes the senteces from MERIT, we need some merit if we want to makes our account is 'important' and 'popular' on this forum, but getting merit by making a good activity. it will be hard hahaha

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Quote from: goaldigger on March 31, 2019, 06:07:03 PM

Cryptocurrency is really a stressful market so here's the list that can help us specially newbie.
G
I
V
E

M
E
R
I
T
i hope we can help someone today. If you have any tips then post it below and lets all help each other.

Well my eyes were being a bit critical. Message decypted.
So what's the significance of giving merit to survive a "stressful" Market.

By the way if you have been following closely. Market has been doing good for over a month now. I guess Most of you think market will only be good when BTC reaches 10k and above

949miner

sr. member

Activity: 448

Merit: 250

Stake & Vote or Become a IoTeX Delegate!

Quote from: goaldigger on March 31, 2019, 06:07:03 PM

G ive yourself time to research things about cryptocurrency at first.

This factor is the key tool and principle for anyone new in the crypto ecosystem to survive throughout they stay. Researching on projects and on things that influence the crypto market provides you with enough information on the progress of a crypto project or on how to invest successfully.

hxtop

hero member

Activity: 1071

Merit: 500

If you do not make successful investments in stock markets before and if your market knowledge and experience is strong, you can consider making medium and short term investments in the krpto money market. However, if you do not have such experience, you can get the most successful results in the long term by buying classically and waiting for the next up trend.

Btcadoptioner

newbie

Activity: 8

Merit: 0

To survive, you should at least:

1) research
2) don't panic (sell low)
3) pay attention to fundamentals
4) stick to your strategy, but review it in a while to make sure it's still relevant
5) don't be afraid to change your strategy or adjust it if you feel like it's necessary

Syakbrown

jr. member

Activity: 354

Merit: 1

Quote from: ?? on ??

Heres a short and sweet answer, buy bitcoins, hodl.

Simple as that.

not as easy as you say, we can't save coins forever but have to sell at the right time and this you have to look carefully at the development of the coin itself

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Quote from: Mpamaegbu on March 31, 2019, 06:19:06 PM

Quote from: ?? on ??

Heres a short and sweet answer, buy bitcoins, hodl.

Simple as that.

Don't make it sound like it's a guaranteed investment buying Bitcoin. It's not! I am sure those who sold property to buy Bitcoin during its ATH in December 2017 will understand what am saying here. Every business has its inherent risk, so also does cryptocurrency. The industry is erratic as it is at the moment.

This is true, but HODLING is far easier and less stressful when compared to day-trading which is why what he said makes sense.

There is always the risk of losing our investment in this market due to its volatility, but HODLING BTC is far safer than HODLING altcoins overall.

Topic: How to survive cryptocurrency - page 3. (Read 691 times)