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Topic: So much money being made by crypto traders! Can you see that? - page 3. (Read 1140 times)

full member
Activity: 406
Merit: 100
I think this small pump is not a signal of bull run. This pump only can last for few days and it's just a small pump, I think. Till the end of this year, I don't think ETH can rise back to $100 and BTC can rise back to $4000, it's impossible in this year.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
No one argues that with the presence of trading skills you can earn in any market. This is a profession that you need to study for a long time.

Exactly my the point. Whether the market is going up or down those who knows the trade still make something good out of it. Trading is not for everybody but if you master it, you will do well for yourself but not without the inherent risk in such markets.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
As time has shown, it has not led to anything good. Now crypto continues to fall and it is unknown where the very bottom will be. In any case, this year we should not expect an improvement in the situation.

You are right in your submission. It hasn't been the best year for crypto. But despite the high volatility in the market I believe that there are still some traders who are exploiting the opportunity to make more money for themselves because they understand the game and know how to play it very well. To such people volatility is a blessing in disguise.
member
Activity: 335
Merit: 10
The cryptocurrency market usually does not disappear, and only a large number of altcoins disappear. It is true that the market is profitable at any suitable place, but it is very difficult. More investors are losing money during the downturn, and only a very small number of people can make money. The long-term green cryptocurrency market has not yet arrived, and you need to wait patiently.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
We facing a bearish market and somehow we cannot earn a lot of money in this period. Yes you can earn profit but not so much as last year. Now we can only hold or cut loss the investment otherwise if you buy more I think you will lose more in this period. Believe it or not it will be a long way before we get time like 2k17
Short term traders are taking the risk even they only get small percentage of earnings, we can't do anything while the bearish still strong and we don't have any statistic whether the bull will show back any moment, but as a traders opportunities should not be taking for granted, you need to make a move
while you are seeing good signs of profits even in a small form of it.
member
Activity: 350
Merit: 10
No one argues that with the presence of trading skills you can earn in any market. This is a profession that you need to study for a long time.
full member
Activity: 812
Merit: 102
As time has shown, it has not led to anything good. Now crypto continues to fall and it is unknown where the very bottom will be. In any case, this year we should not expect an improvement in the situation.
member
Activity: 658
Merit: 10
Rangers Protocol
Not at all. High proven even at this bearish market is not as always for those who are traders. Some doesn't like to share their bad experienced about this market condition. Failed trading is ridiculous to them that they just choose not to speak and share to others out there what their mistakes. Profit seems difficult to hit at of this moment due to the market constant changing of price declining. Once green happen occurs it doesn't mean bull run is next. Some traders pump and dump the token for their self gain.
full member
Activity: 560
Merit: 105
We facing a bearish market and somehow we cannot earn a lot of money in this period. Yes you can earn profit but not so much as last year. Now we can only hold or cut loss the investment otherwise if you buy more I think you will lose more in this period. Believe it or not it will be a long way before we get time like 2k17
jr. member
Activity: 322
Merit: 1
I also personally see that the market is all green and very good if we will sell coins. But that also doesn't happen forever and crypto will also decrease as it is now happening. At that time, I was convinced that there were no predictions if the current price had dropped dramatically.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
it's really terrible that is the money used for trading from all traders in all countries in the world, so it's not only a few people but many people who trade so much volume is collected.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
The green market only swings once in a while and it is very rare to see nowadays. We are already in the last 2 weeks before the year end but there is no sign of a bullish trend. Those minor pump was most likely a bull trap or was being used as an opportunity to cut losses by many. Despite those negative things happened, we are still seeing an adoption or a large number of buy request weekly so it was still a good sign that there are thousands of incoming investors hiding in the shadows.

You are right. It is this high rate of swing and volatility that sometimes tempts me to start the doubting the authenticity of the movements in the crypto market. I once was tempted to conclude that the market was being manipulated with some codes and programmes by coding wizards - of course, this may not be the case. Yes, there has been an arithmetic increase in the global adoption of blockchain in recent time and I believe this will positively impact the market in the long run.
member
Activity: 434
Merit: 11
The green market only swings once in a while and it is very rare to see nowadays. We are already in the last 2 weeks before the year end but there is no sign of a bullish trend. Those minor pump was most likely a bull trap or was being used as an opportunity to cut losses by many. Despite those negative things happened, we are still seeing an adoption or a large number of buy request weekly so it was still a good sign that there are thousands of incoming investors hiding in the shadows.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
I am sure that many novices who go and dizziness would be this. they've got the prices always fall and certainly many who choose to seek a safe haven by selling then back again when the market conditions are already better. This situation will not be able to bear it if cannot with good take advantage of opportunities that exist.

It is exactly what market speculators do - trying to enter when the price is at the lowest and exit while it is at the peak. But sometimes this strategy fails many players, especially those who are novices - leading to a loss in revenue. I always advise people, if you don't know the market, don't enter the market. It's better not to gain than to lose the hard earned money in your hand.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
I very much hope that the cryptocurrency will continue to rise for a long time, but the market situation makes me feel anxious, because in the case of insufficient purchasing power, the green market is difficult to maintain for a long time!

That's the expectation of every cryptospace player and enthusiasts. But it is said that if wishes were horses beggars will ride. At times it doesn't work out as we have hoped. The current state of the market is really not the best that we hope for, but the long-term prospect, I believe, is going to be brighter than any expert projections.
sr. member
Activity: 840
Merit: 251
I am sure that many novices who go and dizziness would be this. they've got the prices always fall and certainly many who choose to seek a safe haven by selling then back again when the market conditions are already better. This situation will not be able to bear it if cannot with good take advantage of opportunities that exist.
member
Activity: 359
Merit: 10
Fast, Smart, Trustworthy
I very much hope that the cryptocurrency will continue to rise for a long time, but the market situation makes me feel anxious, because in the case of insufficient purchasing power, the green market is difficult to maintain for a long time!
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
I have read this story of traders making profit int he space, but one thing I am very sure off this year even those people that are the bear traders are losing money, if BTC goes below $1k, there is no money to make, just go and ask exchanges how much they have lost in revenue and ask miners how scared they are of the who situation, ask developers how disturb they are if things continue this way. Everyone has lost money, not a single person that has been involved in the space for more than a year that is not affected.

You are right in your view. Many people have lost so much money, especially in recent months - there is no dispute about that. But I believe there are still very few expert traders who are still making money despite the protracted bear market condition. They know when to place their trade and when to exit the trade by constantly watching the market.  But of course, such people are very few compared to those that are losing their money for lack of adequate knowledge of the market.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
I have read this story of traders making profit int he space, but one thing I am very sure off this year even those people that are the bear traders are losing money, if BTC goes below $1k, there is no money to make, just go and ask exchanges how much they have lost in revenue and ask miners how scared they are of the who situation, ask developers how disturb they are if things continue this way. Everyone has lost money, not a single person that has been involved in the space for more than a year that is not affected.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
The market is experience bad times, but it's natural. It's good time to jump in. 3400 is a fair price for btc.

I don't think that anyone can confidently predict the good or bad time to invest in bitcoin. Its current price of $3400 doesn't mean that it has reached the lowest or highest it could go. It is advisable that investors be well informed on the volatility of the market and the risk usually associated with such investments. Bitcoin is worth far more than being used as a speculative asset.
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