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Topic: Investment Cryptocurrency (Read 296 times)

sr. member
Activity: 459
Merit: 251
January 21, 2018, 02:30:13 PM
#39
I really agree with your statement OP, only real traders will be benefited, newbies and beginners are lost in the crowd. One should understand that, they cannot be a millionaire in one day, HODL and wait for at least 3-6 months!

Realistically it's much longer than that. You won't become a millionare in 6 months either.
member
Activity: 350
Merit: 12
Crypto Enthusiast!
January 21, 2018, 10:31:34 AM
#38
I really agree with your statement OP, only real traders will be benefited, newbies and beginners are lost in the crowd. One should understand that, they cannot be a millionaire in one day, HODL and wait for at least 3-6 months!
full member
Activity: 826
Merit: 111
January 21, 2018, 10:15:36 AM
#37
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.

What do you mean by real financial traders?  Who else you think they boss as genius apart from investors. How do you differentiate investors and real financial investors?  Everyone is genius to the extent they know. Everyone is driving to make themselves know and do best at their field and they know that that's what is going to make them succeed it their field

Even a beginner will drive to earn more money in trading.  Once they get experienced, they would equip themselves with more information about trading field.
full member
Activity: 518
Merit: 100
January 21, 2018, 09:39:35 AM
#36
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.

Here much depends on your hard work, the time you spend to learn much about crypto market, your persistence, the chosen altcoins and the amount of money you have invested. Naturally great investors make big profits, but cautious and wise traders and guys who invest into top alts also make big money.
full member
Activity: 168
Merit: 120
January 20, 2018, 12:46:04 AM
#35
It is not they self proclaiming themselves as geniuses it is because they have the confidence and trust on their investment and they have the skills and resources to back ot up. You don't need to be some kindbof genius in order to survive in this line or field of investments you just need to have the guts and decision making skills to place on every investments you've made here.
newbie
Activity: 238
Merit: 0
January 20, 2018, 12:43:46 AM
#34
Yes the cryptocurrency system is the surest place to make an investment right now. It offers more gains even with the volatility of its value. The currency is also easier to transact with and it has a decentralized system that gives you more control as a user.
sr. member
Activity: 459
Merit: 251
January 20, 2018, 12:40:29 AM
#33
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.

Even the most hardened of the veterans in the financial sector do not think of themselves as genises. THey all know that at best they are just people who have knowledge that can help them sirvove but ultimately the market is a fickle mostress and sometimes things can all go down south very quickly and the only way to prepare for then is to act that you are ready.

Further to the obvious fact you stated, the so called gurus have understood the trend of the market which is usually that, it is a buy and sell market; a time to buy for profit and a time for sell for profit also, and a time to wait for a market ordered in "error " to get to their entering point for exit at least. They understand the "law of gravity"to market tendencies.

I basically don't see them as experts but as traders who have understood their trading pattern as against the market movement for their gains.

Exactly. It's not about their knowledge of cryptocurrencies but their understanding of the trading pattern.
member
Activity: 1302
Merit: 25
January 19, 2018, 06:57:06 AM
#32
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.

Even the most hardened of the veterans in the financial sector do not think of themselves as genises. THey all know that at best they are just people who have knowledge that can help them sirvove but ultimately the market is a fickle mostress and sometimes things can all go down south very quickly and the only way to prepare for then is to act that you are ready.

Further to the obvious fact you stated, the so called gurus have understood the trend of the market which is usually that, it is a buy and sell market; a time to buy for profit and a time for sell for profit also, and a time to wait for a market ordered in "error " to get to their entering point for exit at least. They understand the "law of gravity"to market tendencies.

I basically don't see them as experts but as traders who have understood their trading pattern as against the market movement for their gains.
jr. member
Activity: 64
Merit: 5
January 19, 2018, 06:44:26 AM
#31
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.
More funds and more knowledge in crypto will true remean survive, than the less lack of knowledge and funds even though you have more knowledge of crypto.
hero member
Activity: 3052
Merit: 651
January 19, 2018, 06:31:39 AM
#30
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.

Question is how could you tell that?
Do you have any reason why?

Everyone have their chances on having knowledge about the crypto wotld.
It might be different with commodity trading and other currencies because of the high fluctuations it make but with experience I do think they can somehow get used to it.

jr. member
Activity: 462
Merit: 1
January 19, 2018, 06:28:00 AM
#29
Of course, if you enter the investment market, you need to be cautious, closely monitor the news in the field of investment, react to price changes in good time. This is one of the main qualities of a successful investor.
member
Activity: 181
Merit: 12
January 19, 2018, 04:38:34 AM
#28
Even financial traders can be wrong with their predictions they are only human and can never be perfect with their decisions, Although you can sure have a glimpse of whats gonna happen in the future they can not tell what's gonna be the real result, Unpredictable as it can be it is just luck that let's you profit in this game of cryptocurrency investment.
Nothing’s perfect, nobody can predict something  for sure both in any trading. Therefore, in my point of view in trading it requires a lot factors, we have to get a deep knowledge, we need to keep calm and keep patient every time and espeacially control our emotion in any situation. Besides it, we really need the luck. Because in crypto currency market for example, we can’t gurantee that our prediction is completely accurate and actually, it’s hard for any of us to predict exactly. Thus, to get profits or a big profits in crypto market, we have to be much patient.
sr. member
Activity: 459
Merit: 251
January 19, 2018, 03:36:55 AM
#27
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.

Right, real traders can survive in this volatile market since they are really aware on the lopsides of each cryptocurrency. No matter how many people do business in cryptocurrency the traders are always a step ahead due to their precise monitoring on the price on the market.

So you're saying the real traders could have predicted the drop? Because all cryptos dropped at the same rate.
hero member
Activity: 661
Merit: 500
January 19, 2018, 02:21:44 AM
#26
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.
Markets are all about kmowledge, no investor can make it far in the financial market with luck alone. Investing in btc or crypto is quite good as the growth is very positive. Bullish market only leads to quicker profits its ultimately based on the investors state of mind.
hero member
Activity: 966
Merit: 535
January 18, 2018, 06:20:47 PM
#25
When you pick a coin to invest in you need to weigh out it's odds against other currencies and choose which one is good for you based in how much you can afford to invest and what sort of investment you are looking for. Is it long term or short term and what do you want out of it? Do you want to invest and forget or keep an eye on it daily? Some currency is more volitile then others because of inflation and things like that. Sometime a POS coin can be easier to predict depending on how involved you are with the coin and project. So it pays to be involved.
member
Activity: 140
Merit: 12
PITCH – THE FUTURE OF OPPORTUNITY
January 18, 2018, 02:40:45 PM
#24
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.
Jesse Lauriston Livermore, who is told in the book Reminiscences of a Stock Operator, earned huge fortunes in the bear markets. And many traders believe that bear markets are more convenient for earnings, because levels are seen better.
hero member
Activity: 3052
Merit: 606
January 18, 2018, 08:58:15 AM
#23
I think i will invest in Cryptocurrency because its price goes bigger and bigger as the time pass by
Yes it is.People who invested on cryptocurrency are generally risk takers in their own.Since it is a volatile one,no one can really predict what will be the real future price of cryptos.But we as crypto lovers still believe that the price will surely hit the peak.And yes,cryptocurrency had really survived through the tests of time.
legendary
Activity: 1932
Merit: 1273
January 18, 2018, 08:54:01 AM
#22
Everyone thinks they are a genius in the bull market. But only real financial traders can survive, even thrive in bear markets or in volatile markets.
Agree, the difference is pretty obvious, we can know which is the emotional traders and good traders. People thought an investment and trading is an easy thing, while it requires a lot of experience to be able to constantly make a profit from it.
full member
Activity: 259
Merit: 108
January 18, 2018, 08:52:10 AM
#21
I think i will invest in Cryptocurrency because its price goes bigger and bigger as the time pass by

By that logic, you should also invest in the stock market. A lot more history of consistent growth over longer periods.

Crypto offers solutions to problems we can't solve with our current governments and central banks running the show.
newbie
Activity: 294
Merit: 0
January 18, 2018, 08:49:26 AM
#20
I think i will invest in Cryptocurrency because its price goes bigger and bigger as the time pass by
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