Topic: My small advice about crypto market - page 13. (Read 3894 times)
I think the only holders and the investors are just moving the market. because if we do not have, long without crypto.
Of course everyone should choose their own strategy. I prefer to keep for a long time the most promising coins (Bitcoin, Ethereum) and sell small ones, which I get as a reward from bounty campaigns. So I earn now and in the future.
Let me give you some advice. I believe that the cryptocurrency is very dangerous for ignorant people who in the hope of profit came to the crypto world. So to speak to cut down money. You will definitely be replaced by the cryptocurrency market. It is necessary to combine cold and trade. Otherwise, you will simply lose in this market.
I think that crypto market is great and you need to join it if wanting to get good money. to my mind, it is obvious that crypto is a great source of income because you need to take minimum of efforts
Ya I agree with above that its important to decide whether you just want to be a HODLer or you want to engage in trading.
I quite agree. Its best to know what the market is doing before you take your investment decisions.
My advice is that crypto has more volatility after time has passed, which means not investing too much if you can't afford to lose, or if you believe more in the projects that your money is paying for, don't be afraid of what you have to see, but look forward to what you have to get.
And in my opinion spending some time and knowledge in your investment is truly known as an investor or HOLDER, it's safe enough if you know all your markets, trades and investment cycles in the market to monitor how that works and how smart you are as a holder.
there's a lot of people who are panicking when they see that market is drooping some of them are regreting their decision in the end. and its a great opportunity to buy and hold altcoins which has a great potential in the near future.
You really need to have extensive knowledge about it and you need to find and learn what cryptocurancy is. This will help you find out where you are better at investing. so you can make profits from trading or holding coins.
exactly. without knowledge or understanding crypto you will lose a lot. you need to find what is mos interesting for you, and what understand best.Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
I agree with you mate, i wish most people get to understand this and stop panicing when things like this happens in market, it can never be steady for long, its an opportunity to invest more and wait patiently to start reaping the fruits.
Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
I agree. I personally believe the market pullback is a great opportunity to accumulate some bitcoin and altcoins. I believe any time there is an exponentially growing industry with 70 percent pullbacks at intervals, there is enormous potential to make money.
we really have to determine our position as a trader or holder, we also have to understand the market conditions,
we need experience and knowledge to be able to understand crypto, if we cannot choose as a trader or holder then
we will only experience losses due to failure
we need experience and knowledge to be able to understand crypto, if we cannot choose as a trader or holder then
we will only experience losses due to failure
Don't be scared once the market crash that is right, because you can buy more cheaper altcoins and bitcoin and that it means you will get more profit or money. I hope this small advice will help people to relax while the market crash.
Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
What you have mentioned is think is correct, and it makes sense. Newbies in the cryptocurrency world who just joined here in bitcoin just because they are caught by the major uprising of bitcoin, they have the tendency to invest or buy bitcoin so much because of the high profitability but when the worst time comes, they have just murmuring and crying like babies. They do not really how the market works and that is I am annoyed of. For someone to be successful in bitcoin, they need to understand the market well and be an intuitive risk taker. Buy when the value is low and sell when you have gained a reasonable price. "Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
With the help of trading you can earn faster, but you need to know the market well. I once tried to do it, but failed. Now only long term.
Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"
This is a difference most of the people overlook: investment vs speculation. You much be clear in your mind on what you are exactly doing. There is a third aspect then which even the OP has forgotten: adopter, ie user. You may even buy a cryptocurrency because you are actually PLANNING TO USE IT. This should be evident, in fact this should be the first reason why people would want to buy a cryptocurrency. But it is not, to the extent that it gets even forgotten. I see a problem here.
Trading is a good option for earning, but it is accompanied by quite high risks, so I prefer not to use this method. I am for the usual long-term investment.
true, you have to understand the market first. for example bitcoin market is a rollercoster that goes up and down but eventually ends up higher than where it started at even if right now you are seeing the downside of it.
My small advice would probably be don't forget to update yourself with cryptomarket news.And stay away from scammers.
Yes the market continues to spin and always changes prices, decreases and also price increases are reasonable because of demand and supply. Be patient when prices are low because in the future prices will change to higher prices.
You are right, we are just investing right now, we are just doing what is right and that is planting seeds so that we can have something to harvest in the future, that is why it is always better to plan for the future rather than seeing the current status now of the price, don't worry much about it for sure that it will be worth it in the future.
Yes the market continues to spin and always changes prices, decreases and also price increases are reasonable because of demand and supply. Be patient when prices are low because in the future prices will change to higher prices.
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