Re: The reason people do not want to invest in crypto
by
Shinvenice
on 15/06/2018, 01:37:05 UTC
Most of people afraid of losing their money. Luck of knowledge about crypto can also cause of losing. They should make some research and should monitor market to learn in crypto.
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BoardTrading Discussion
Re: What you should do when you lose most of money?
by
Shinvenice
on 15/06/2018, 01:31:07 UTC
Strategies should be plan. Losing is a part of gaining but for us not to lose again and again we need to have a plan and not only one plan we need to have plan a, b, c and so on.
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BoardTrading Discussion
Re: What to do in this Dip
by
Shinvenice
on 12/06/2018, 10:49:20 UTC
Buy and hold. Buying and holding is the best thing to do for now. Bitcoin price are dropping again and again and we don't know when it will recover but this is the chance to buy because of the low price then just hold it first.
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BoardTrading Discussion
Re: Trading or not?
by
Shinvenice
on 12/06/2018, 10:44:42 UTC
Not yet, i am not yet ready for trading, for losing my money for now i am contented here in forum. But time will come and i can set my mind to do trading if im ready and can accept loses someday.
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BoardTrading Discussion
Re: Do you think its the right time to sell Bitcoin ?
by
Shinvenice
on 12/06/2018, 10:36:46 UTC
This time was not the right time to sell as you can see bitcoin price drop down again and if you sell now you will lose big profit. But take the chance to buy and hold maybe before this year end will be the good chance to sell and earn big.
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BoardSpeculation
Re: Best time to buy bitcoin!
by
Shinvenice
on 07/06/2018, 04:18:07 UTC
Yeah until now was a good time for buying bitcoins and it will recover little by little from now. They say that before this year end bitcoin can recover and get back to the moon thats why we should take this chance to buy.
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BoardTrading Discussion
Re: How to trading without capital
by
Shinvenice
on 07/06/2018, 04:06:00 UTC
Mining, why don't you try mining it will takes long time if you mine but it can help you get some capital that you can use in trading. Theres nothing to loss if you try right? If you want capital without losing your own money then try some ways to get atleast small amount enough to trade.
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BoardTrading Discussion
Re: Right now should I wait to buy ?
by
Shinvenice
on 05/06/2018, 08:17:30 UTC
Just take the chance and buy at low price it was a good opportunity for all. And should believe that before this year end our luck will come and will give us good profit. Just have the patience needed and wait.
I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500 every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's the main reason this market won't be there for long. Because it's basically a pyramid scheme.
Same here, just started last 2017 and almost lost hope but still trading because i have to trust bitcoin and myself. Always telling to myself that to be successful i need to take the risk and have more patience. Maybe we are not yet lucky but our time will come soon.
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BoardEconomics
Re: I almost lost my rock solid regular job because of crypto
by
Shinvenice
on 05/06/2018, 07:57:32 UTC
Not all of us will be lucky here in crypto we can't really tell if we will be a millionaire like the other so always think what is the best for you to do. Im using time management so that crypto wouldn't be a hindrance to my job. Giving time for crypto after doin my job.
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BoardTrading Discussion
Re: Is the risk necessary to make a big profit?
by
Shinvenice
on 04/06/2018, 01:56:56 UTC
Of course if you want to make big profit you should be prepared to risk too. Risking is always at the fisrt of line last would be the achievement. In all the achievement in life risk is always part of it same in crypto you will encounter losses before you gain big.
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BoardTrading Discussion
Re: How to know when to BUY?
by
Shinvenice
on 02/06/2018, 04:13:56 UTC
You can buy bitcoin anytime but theres always a good time like if the value price dump take the chance to buy at low price then just hold it and wait to pump again before selling right. Always monitor the market for you to know what is happening.
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BoardTrading Discussion
Re: How trade safely without any loss
by
Shinvenice
on 02/06/2018, 04:04:05 UTC
But losing is a part of gaining right. If you risk you gain big. You should set your mind and be ready to loss if you want to succeed. You should be aware on what you will loss before you enter crypto you can't trade without any loss here.
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BoardEconomics
Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.
by
Shinvenice
on 30/05/2018, 00:52:04 UTC
Yeah holding is the best thing to do in this situation now but don't you think that if you risk some of your income then you can also get at least some of it little by little. Risking is always part of this market for those who wants a good income.
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BoardEconomics
Re: Why people are still buying BTC?
by
Shinvenice
on 29/05/2018, 04:51:13 UTC
Because people confidently believe on bitcoin. People know how will this market be after having a big dump so they will continue to buy and wait for its come back. Yes we really don't know when it will happen but many people trusted it that much.
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund. So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it? What will be a wise kove to do with the noney you have saved up?
20% method is wisest thing to do in everyday life. You can divide your money evenly in all your daily needs with savings you can also put your 20% for some business or investment that can help you provide more income.
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BoardTrading Discussion
Re: What to do if you lose $2,000 in trading?
by
Shinvenice
on 16/05/2018, 13:23:47 UTC
Trading is too risky i know and losing that big amount is unacceptable for me. But i know there so many ways i can do to find where i lose and how to get it back. Patience is one of the key to success.
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BoardEconomics
Re: Choosing the one | What I think! - Real Job or Full Time Crypto!
by
Shinvenice
on 16/05/2018, 12:08:42 UTC
For now i don't want to lose my job. But if my crypto income would be stable or enough for my family needs maybe that will be the time to resign on my current job. In crypto job is more risky than real job.
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BoardSpeculation
Re: Perfect Time to Buy!
by
Shinvenice
on 16/05/2018, 10:52:37 UTC
Everytime are perfect but its up to you when do you want to buy. Knowing that for now bitcoin is on low value ypu should take this chance to buy at low price. If you are lucky then you are!
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BoardEconomics
Re: Why people dump their Bitcoins ?
by
Shinvenice
on 14/05/2018, 16:41:33 UTC
The only reason i know is being panic. Scared of losing big money when the value of bitcoin will drop. They cannot think wise before doing something that can cause losing bigger opportunities in the future.