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Topic: Let's share some tips among ourselves. - page 3. (Read 842 times)

jr. member
Activity: 156
Merit: 7
October 01, 2023, 08:11:14 AM
#70
I think I am more towards Bitcoin Halving. We should make this perfect circle of investment. During the four years of period we should be investing into bitcoin. Going further we should make compounding investment with the help of DCA method and grow bitcoin along the way. With the halving we know very well that it can bring us good amount of fortune by making upward movements. Now I don’t want to discuss whether it’s mere chance or not because it always happens and it had always shown the same graph over technical analysis.

If I were to choose any other method then it’s simply saving my bitcoin in cold storage. There they could be very safe, untouched for years of holding. Then it could be 2-3 halving I can wait until I sell them. Smiley

if you think you have the financial capability for long-term holding while waiting for the impact of halving, why not? that is, if you truly believe as well that there will be positive movement in the near future. not many can wait for months and months, hence, some are just speculating and not buying. lucky if you have that capability as many are only here for short-term gains.
and if you have such chance, secure your coins the best possible you think of, outside from any potential threats from scammers or hackers.

Talking about short term or long term, because not everyone can wait in the long term or short term. just like my friend who once made a long-term investment and waited for months or even years to produce high profits but in the middle of the journey he himself gave up and withdrew his investment of course with losses that he had seen for himself. platform, because it is not in accordance with what he planned from the start, namely with the decisions he took long term.
So the importance of choosing the right decision like this will determine our fate in the future, so choose a decision that suits what we can afford, don't make the wrong decision because basically everyone doesn't want to experience a loss, even though in every case there will definitely be a loss that we will feel if you can afford it. Wait in the long term, do it, but if it doesn't suit our abilities, be prepared for the losses that will befall us, so be brave enough to act, dare to be responsible. There's no harm in trying if there is a high chance or chance, but don't forget to be careful in choosing the decisions you will take to do something, so be smart in choosing decisions because it will have an impact on you.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
September 30, 2023, 06:29:59 AM
#69
When you do the trading and you want to make a profit in a short period of time, you should also know the risk that you can face there. But if bitcoin halving is a good thing to do, just wait, especially if you are long-term holders of bitcoin. But still, it's still in your hands what you want to do when it comes to these situations.

Because, while we wait for the approaching Bitcoin halving, we can still do DCA in reality, and we can somehow increase our balance holdings in Bitcoin every time we have a purchase of Bitcoin in the market. Let's do this as much as possible, and there are many people who do it, especially in times when the bull run is near. In fact, before everyone is caught, let's not waste any more time. Time is gold in these scenarios.
Short period of time trading is not that possible and it is definitely a dangerous thing to try, there are a lot of people who are making a mistake when they try that and the result is not that easy neither. I believe that we are going to end up with something that would cause us to have a lot of money and if we make even one simple mistake then it's all gone and we are at a loss.

Short term trading brings in a lot more risk, and a lot more trouble, so we are not going to end up with a good result all that quickly. I hope that people realize that they need to be a good trader before they can do this, they need to study and be a lot better before they do this in order to make a profit from short term trading.
sr. member
Activity: 1008
Merit: 366
September 29, 2023, 10:28:14 AM
#68
As far as I know, as the halving is approaching, there is a gradual increase in the value of Bitcoin in the market, and there is only positive news. Besides that, even if there is a short dump, it will be temporary and the stock will be back again. price value in the market. This is the thing I observed during the bull season.


It's the same shit over and over again. Before every halving, there are drama and all these shits. But those are temporary scenarios created by those news or other events. And yeah, they are temporary for sure. Or in some cases, you can say that it's hype that creates a trend that will die down eventually. It all comes back in a circle and we all see the same bull run after halving.
So yeah you have made a great observation. But we need to talk about the time after the bull run. One piece of news can potentially break the market while it will take correction. Because there are still people who will only invest when they will see green in the market. And most likely buy close to the top. And when the market takes correction after the bull run, they will get panicked and sell for sure.

So we need to grab the best opportunity to sell during the bull run and then wait for that dump. Share your thoughts. I would like to hear that too.
full member
Activity: 938
Merit: 108
OrangeFren.com
September 29, 2023, 07:43:01 AM
#67
People should be able to set their own goal, and work towards that and not get greedy and just keep at it as long as they possibly could. That would make them lose as much money as they normally would and it would be a smart decision if they end up holding it out until their strategy works.
Easier said than done. Many follow the best strategy but end up losing. And why is that? Because they can't follow the strategy till the end. This all happens because they are unable to control their emotions. People tend to look past emotion control while learning to trade. But to me, it comes first. Telling from experience, I have followed many strategies, and I have made some good profits too. But I have lost more than what I've made. Everything was right, the calculations were right, and the price was moving in the predicted way. But the sudden price drop/up was putting me in red. I closed many trades that way.

In the end, the problem I found was that I was not able to control my emotions. Because after many trades I have closed, the final results were the same as it was predicted most of the time. So then I have fixed my mistakes and learned from them, and now you can say that I am doing a good job in trading. Not the best but not as before only making losses. So yeah, emotion control comes first. I made decisions where there was no need to. And that I have learned in a hard way, LOL.

Of course, if that's the case, we should learn to control our emotions as much as possible while doing trading activities. Now, if you are a long-term holder, one of the things you can add to that is to save as much as you can while the halving doesn't come.

As far as I know, as the halving is approaching, there is a gradual increase in the value of Bitcoin in the market, and there is only positive news. Besides that, even if there is a short dump, it will be temporary and the stock will be back again. price value in the market. This is the thing I observed during the bull season.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
September 28, 2023, 05:30:33 PM
#66
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.

It depends if the purpose is to hodl for a long or make trading bitcoin on a regular basis.

Of course, if the goal is to just hold for a long, continuous accumulation is the priority therefore, regardless of the Bitcoin price, as long as afford to buy, just execute that buy button and then let those BTCs idle for a long. If trading bitcoin on a regular basis, factors should be the preferred time interval to execute the buy and sell. Mostly, I prefer 12-hour monitoring depending on the trend.

Overall, it's hard for me to set significant factors when to buy and sell. Sometimes it's even my emotion that affects my decision.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 28, 2023, 04:26:49 PM
#65
I think I am more towards Bitcoin Halving. We should make this perfect circle of investment. During the four years of period we should be investing into bitcoin. Going further we should make compounding investment with the help of DCA method and grow bitcoin along the way. With the halving we know very well that it can bring us good amount of fortune by making upward movements. Now I don’t want to discuss whether it’s mere chance or not because it always happens and it had always shown the same graph over technical analysis.

If I were to choose any other method then it’s simply saving my bitcoin in cold storage. There they could be very safe, untouched for years of holding. Then it could be 2-3 halving I can wait until I sell them. Smiley

if you think you have the financial capability for long-term holding while waiting for the impact of halving, why not? that is, if you truly believe as well that there will be positive movement in the near future. not many can wait for months and months, hence, some are just speculating and not buying. lucky if you have that capability as many are only here for short-term gains.
and if you have such chance, secure your coins the best possible you think of, outside from any potential threats from scammers or hackers.
hero member
Activity: 2114
Merit: 603
September 27, 2023, 12:09:00 PM
#64
I think I am more towards Bitcoin Halving. We should make this perfect circle of investment. During the four years of period we should be investing into bitcoin. Going further we should make compounding investment with the help of DCA method and grow bitcoin along the way. With the halving we know very well that it can bring us good amount of fortune by making upward movements. Now I don’t want to discuss whether it’s mere chance or not because it always happens and it had always shown the same graph over technical analysis.

If I were to choose any other method then it’s simply saving my bitcoin in cold storage. There they could be very safe, untouched for years of holding. Then it could be 2-3 halving I can wait until I sell them. Smiley
sr. member
Activity: 1008
Merit: 366
September 27, 2023, 10:14:38 AM
#63
People should be able to set their own goal, and work towards that and not get greedy and just keep at it as long as they possibly could. That would make them lose as much money as they normally would and it would be a smart decision if they end up holding it out until their strategy works.
Easier said than done. Many follow the best strategy but end up losing. And why is that? Because they can't follow the strategy till the end. This all happens because they are unable to control their emotions. People tend to look past emotion control while learning to trade. But to me, it comes first. Telling from experience, I have followed many strategies, and I have made some good profits too. But I have lost more than what I've made. Everything was right, the calculations were right, and the price was moving in the predicted way. But the sudden price drop/up was putting me in red. I closed many trades that way.

In the end, the problem I found was that I was not able to control my emotions. Because after many trades I have closed, the final results were the same as it was predicted most of the time. So then I have fixed my mistakes and learned from them, and now you can say that I am doing a good job in trading. Not the best but not as before only making losses. So yeah, emotion control comes first. I made decisions where there was no need to. And that I have learned in a hard way, LOL.
hero member
Activity: 1904
Merit: 541
September 27, 2023, 08:04:27 AM
#62
When you do the trading and you want to make a profit in a short period of time, you should also know the risk that you can face there. But if bitcoin halving is a good thing to do, just wait, especially if you are long-term holders of bitcoin. But still, it's still in your hands what you want to do when it comes to these situations.

Because, while we wait for the approaching Bitcoin halving, we can still do DCA in reality, and we can somehow increase our balance holdings in Bitcoin every time we have a purchase of Bitcoin in the market. Let's do this as much as possible, and there are many people who do it, especially in times when the bull run is near. In fact, before everyone is caught, let's not waste any more time. Time is gold in these scenarios.
legendary
Activity: 2086
Merit: 1058
September 27, 2023, 03:18:22 AM
#61
When the price is not good enough then you don't have to sell as no one forces you. But this is a market that we need to take advantage whenever we're in profit.
Don't make any decisions when there's no need to. I can't quite remember who said this but I've heard this before and this has a great impact in life. The same rule should be followed while investing. Setting a target and staying true to it is the key to becoming successful at any investment (Not guaranteed tho. Every investment carries risk). Set a target and work hard till the target is reached. Not only in crypto investment but in all investments.

When there are no significant profits to make, wait, and do nothing. When you don't have to make a decision, then why bother? That will only lead to emotional influence. And it investment, we don't want that. This is a great way to avoid getting emotional. We should all learn to do nothing when it is not needed to do anything.
Definitely something that should be echoed enough to make everyone know about it. In the end we are talking about a situation that is legit a fun one and definitely something that can be considered true.

People should be able to set their own goal, and work towards that and not get greedy and just keep at it as long as they possibly could. That would make them lose as much money as they normally would and it would be a smart decision if they end up holding it out until their strategy works. I know that it's going to be a tough one but if we end up dealing with it carefully then we are going to end up with something that could result with a profit that could help everyone at the same time.
full member
Activity: 1526
Merit: 111
Pepemo.vip
September 25, 2023, 09:19:47 PM
#60
It depends on your target in buying bitcoin, what I really want you to understand concerning bitcoin is that the price interchanges and since it happens that way the only thing I needed in bitcoin price is that you have to as well try to know exactly when you wants to buy bitcoin so that you will make your profit, buying bitcoin when the price is low is the most time someone can make profit during bitcoin investment despite that their is no time someone buy bitcoin that is against, so another thing is that Bitcoin is something we all know that we can buy today reaching tomorrow the price can as well fall or increase to any point, so therefore buying bitcoin for long periods of time I will advice to buy when the market is low in price and sell with target and mostly when the profits is above what you purchased.
High fluctuations are identified with Bitcoin. To find out the lowest price is indeed difficult, therefore we must have an analysis of the possibility that the price will experience a reversal. If the support is broken then we also know the next support which is an indication for a price reversal. The greater the number of traders who enter the crypto market, the greater the fluctuations that will occur, Therefore, what needs to be prepared is a good mentality in facing the market
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
September 25, 2023, 06:15:16 PM
#59
It depends on your target in buying bitcoin, what I really want you to understand concerning bitcoin is that the price interchanges and since it happens that way the only thing I needed in bitcoin price is that you have to as well try to know exactly when you wants to buy bitcoin so that you will make your profit, buying bitcoin when the price is low is the most time someone can make profit during bitcoin investment despite that their is no time someone buy bitcoin that is against, so another thing is that Bitcoin is something we all know that we can buy today reaching tomorrow the price can as well fall or increase to any point, so therefore buying bitcoin for long periods of time I will advice to buy when the market is low in price and sell with target and mostly when the profits is above what you purchased.
sr. member
Activity: 1008
Merit: 366
September 25, 2023, 12:30:18 PM
#58
When the price is not good enough then you don't have to sell as no one forces you. But this is a market that we need to take advantage whenever we're in profit.
Don't make any decisions when there's no need to. I can't quite remember who said this but I've heard this before and this has a great impact in life. The same rule should be followed while investing. Setting a target and staying true to it is the key to becoming successful at any investment (Not guaranteed tho. Every investment carries risk). Set a target and work hard till the target is reached. Not only in crypto investment but in all investments.

When there are no significant profits to make, wait, and do nothing. When you don't have to make a decision, then why bother? That will only lead to emotional influence. And it investment, we don't want that. This is a great way to avoid getting emotional. We should all learn to do nothing when it is not needed to do anything.
full member
Activity: 322
Merit: 113
Sinbad Mixer: Mix Your BTC Quickly
September 24, 2023, 01:15:11 PM
#57
presently halving is the factor because of which its price will appreciate and growth of bitcoin will be higher. People always choose bitcoin because of these key characteristics and one more  feature is that it is a trusted coin as compared to other coins and after devaluation there always happens a tremendous boost due to which all investors forget about the past and take benefit from present.

Historical data shows that how profitable the season of halving will be so the factor of halving will be on the top priority to attract desirers of crypto towards investment in Bitcoin.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
September 24, 2023, 12:29:08 PM
#56
And for selling I would say until I reach my targeted price/profit. If the target is not reached, I make a small profit but at many different price points. That helps me minimize my losses.
That's a good strategy that can be shared with everybody. When our targeted price is quite high and it's unlikely to be reached, we can DCA at the opposite timing.
While we're DCAing as we buy, this can also be done in selling. You sell at many intervals and prices just for you to have that point of selling based on what satisfies you.
When the price is not good enough then you don't have to sell as no one forces you. But this is a market that we need to take advantage whenever we're in profit.
full member
Activity: 1176
Merit: 140
September 24, 2023, 11:56:10 AM
#55
I have two different method wherein one would be to go with the market sentiment and do numerous quick trades everyday with low profit margin and this is very much possible and risk free as I don't take more than 10% risk and I do this only with bitcoin as there are larger risk involved with altcoins, another one is long term plan buying at rock bottom price during the bearish run and keep accumulating bitcoin to sell it once in 3 or 4 years during the bull run. 
I believe that's what we all do. Maybe some prefer doing just one out of the two but someone who can afford to do so will probably be doing both. If I have enough money to buy and store Bitcoins for the long term and also do daily trades, I will do both so that I can maximize my profits because the daily trades will give me a small percentage every day while the long-term investment will bring me a good lumpsum of profits when I sell them after the price goes up.

Usually, someone who is relatively new in the market will only prefer buying and holding because they tend to not understand when they should buy and sell if they are doing it for quick profits and they will just mess things up and eventually lose money. I also prefer newbies to only do that.
sr. member
Activity: 1008
Merit: 366
September 24, 2023, 07:22:57 AM
#54
What criteria do you use when buying and selling?
I don't have any specific criteria for buying. All I do is DCA. You could say that I look for long-term gains. The crypto market has faced some uncertain events for the past few years. For that reason, you can't really get better results on analysis unless you have created your own strategy and methods to analyze it. I still consider myself a newbie in the trading section, so creating a new method on my own is not the best idea for me. So I try to stay on the less risky path. Therefore I choose the DCA method. Still working well for me.

And for selling I would say until I reach my targeted price/profit. If the target is not reached, I make a small profit but at many different price points. That helps me minimize my losses.
sr. member
Activity: 2366
Merit: 332
September 23, 2023, 01:59:07 PM
#53

2. when there is a sell off, like that of FTX this era, you'll see me buying cos it going to be profit from that point upwards

This is fundamentally right because such news will immediately create panic in the market and that was exactly what happened during the scam, it brought price a little bit down as more hodlers continued to dump in panic. So at such negative era in the crypto market is time to invest more and DCA because it will keep dropping until it gets to another strong support before price will begin to regain momentum. It is a good spot to accumulate when their is a negative impact on the market.
hero member
Activity: 2968
Merit: 687
September 23, 2023, 01:39:54 PM
#52
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.
Like we all know that many nation's currencies are losing value due to inflation that is making the price of food stuff to skyrocket due to harsh economy adjustment. The government is always looking for ways to attract money to the country but due to hard decisions they have to take, they make live miserable and at the end the price of things will become expensive.

Most time I calculate what will be the outcome of the economy of my country and I try as much to plan ahead so that I can save more and earn more too. It is good we invest our funds in cryptocurrency so that by the time the price of Bitcoin goes up and all other coins follow along, it will balance our standard of living and make life more easily to live paying bills and having a good lifestyle.
The perceived Bitcoin halving has done more to spur holders to sell more rather than DCA until after the duration has elapsed.
I think it is wisest to accumulate or DCA until the halving is over and a year or more added before liquidation.
Also, the sustained participation and growth of investors these days may be dependent on how fast they make gains. Those who remain true to their investment will eventually be tempted to try other faster approach but if BTC sticks , in that it remains valuable to maintain as an asset, they just DCA better and let others know how worthwhile the effort is.
To those people who have already some nasty experiences here in this space would definitely be considering out on selling out their bags on the time that they do see that it is already the peak of the bull run or this cycle which we know that these numbers cant really be known on what it would be and this is where on the time that people would really be keeping on guessing on what would be the number or until when that bullish run would really be running out its fuel or would really be tending to be over because this would be the peak spot on trying out to make out most of it in speaking about profits.

DCA would really be just only better if you do able to buy on the pump but it would be ideal if you have done it when the bearish market is on its maximum scale or its really been that a while which the price
had already corrected on deeper percentage on which i could say that this would really be the best time on doing so. It is really just that its never been that so simple on having this kind of
target because of unpredictability of the market then there's no way that we could precisely be able to hit up the right spot but somehow it doesnt mean that it would really be impossible.
hero member
Activity: 2114
Merit: 619
September 23, 2023, 12:51:58 PM
#51
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.
I just use my system of indicators and price action, I think these are pretty much enough to actually do a profitable trade. All the factors that you are mentioned are fundamental and these don't have a time limit along with them. Because they don't have the time factor there's a big chance you can get stuck with your money which is something no one really wants.
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