Post
Topic
Board Bitcoin Discussion
Re: Leave Crypto?
by
Radio-Active
on 17/09/2018, 02:31:55 UTC
After the gloomy days of the BTC in 2018. Some of my friends have left the market because of losses. When entering the market, people need to take risks.  From my friends, I think some of the following will benefit you living in this market:
Psychological control
Questions you should ask
You buy hold coin or you transaction?
These are the two most commonly used methods. However, buying and keeping a coin is the method that suits most people. This is a very simple, fast way of making good money in the top 20, like litecoin, bitcoin, ethereum. Ripple, store somewhere, do not read the news, do not worry about the transaction or the predictions the coin will die of the media. After a few years, they pulled out and sold.
In case you want to trade, the story is quite different, you need to buy on sale. And very simple rules, buy low sell high. As you know it is easier said than done.
Do you have money to invest?
If you do not have a lot of money, start with a small amount of money. Do not use debit card, plug the house. Plug the money into the market. The more likely you will be burnt bags. Only invest the money you have lost.



Everyone who wants to leave crypto now i think because the market price is keep on the bottom for quite long time.
Seems like it is better to buy coin for trading than holding now. If you see your coins price increase, sell it immediately.
For existing coins, it is better to hold it because you must be bought it at the higher price than current price.