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Whited35

Price volatility--the beauty of cryptocurrencies

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The volatility in the prices of cryptocurrencies is what gives them that particular character that fiat money will never give us. Thanks to this constant movement, opportunities are generated by taking advantage of supply or demand and after carrying out the respective analyzes, the corresponding predictions are made to determine when to buy, when to sell or when to be patient and wait.

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Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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You are right friend. It is very easy to make mistakes in this market and exit our trade very early. We don't need to buy one coin and hold, there are so many opportunities for profit. We just need to buy early and hold the coins before price rises too much. Because usually our reaction is to follow by buying after the coins are pumped and instead this is where good traders will be selling. It is very good advice and volatility is what makes this market best once we unlock the secrets.

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On 7/26/2020 at 6:38 PM, Whited35 said:

Newcomers in the crypto trading field may repeat the most common investment mistake i.e.investing the good amounts in stablecoins to hold them for a long-term purpose. 
Perhaps this is the luckiest year for me to get the huge benefits from crypto tradings according to the price volatility of the cryptocurrency. 
Honestly, I am that crypto investor who was highly inspired by the price volatility nature of Bitcoin to enter the crypto trading field. Last time, I managed to earn a good profit from Cardano (ADA) and Origin Protocol's OGN token tradings. You may get surprised, I bought OGN tokens to HODL when its price was under $0.15 but recently, there was a massive surge in its price which was $0.38! OGN is one of the unique ERC-20 Token that I have ever found in the crypto world. Before investing in any coin/token, I first perform a depth study about a targeted crypto coin. Once I decided to make investment in certain currencies, I never care about media hypes.
So guys, diversify your investment portfolio and never get afraid due to the price volatility of most of the cryptocurrencies. Cryptocurrency Volatility is your friend, not an enemy. So ,never lose hope. You never know what tomorrow will bring for you 😊!

That's obviously true and I also recommend crypto trading especially to advanced crypto traders due to cryptocurrency volatility which makes the Cryptocurrency market so exciting since rapid price movements offer endless trading opportunities to traders to go long and short but also come with increased risk especially to new crypto members who lack crypto trading knowledge 

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Well that is the annoying thing for all the investors. as there is no regular pattern in the ups and downs of the cryptocurrency they only just depend upon the demand of the market and they may raise one day and fall another day and that is very difficult for the investors to predict on which currency they should relay and invest. So it is very difficult for the investor to predict such things and I think it's most annoying. 

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On 7/27/2020 at 12:20 PM, Honny143 said:

Crypto currency as known as for prices fluctuations, and this is the really advantage in crypto, that's why so many traders attract in crypto and do trading are investment, but in your case its not only lucky factor I think you do some research and believe this ONG and ADA altcoins  projects, and some market conditions also favor your coins price increase like bitcoin prices not drop and few altcoins bull run rally also help this altcoins prices increase, but  anyhow you earn profit through this coins congratulation.

Cryptocurrency is very wide and the price is always fluctuating. Like the past two week bitcoin price has been increasing everyday.  But yesterday bitcoin price came down even litecoin. That the volatility. @Honny143

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Without a doubt, for those who make profits from crypto, price volatility is our best ally and the ones that allow us to generate more profits. Without a doubt, for those who make profits from crypto, price volatility is our best ally and the ones that allow us to generate more profits

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On 11/26/2020 at 6:21 PM, estmerbol said:

Without a doubt, for those who make profits from crypto, price volatility is our best ally and the ones that allow us to generate more profits. Without a doubt, for those who make profits from crypto, price volatility is our best ally and the ones that allow us to generate more profits

Due to this feature of the cryptocurrency, we are noticing so many investors in the cryptocurrencies. Major cryptocurrencies including Bitcoin, Ethereum follow the same volatility feature to give more opportunities to the traders. 

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4 hours ago, Kerseem said:

The price volatility is part if the cryptocurrency beauty, which is can be risk bit that give the opportunity to make profits in making transactions to buy low and sell high. 

Yes, you can just relate the fact with stablecoin. Suppose a user invest a huge amount in a stablecoin and has waited a long time to expect profit, he will get not remarkable profits like with highly volatile coins like Bitcoin and ETH do generate.  


 

 

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The strength of supply and demand is one of the reasons that could affect the rise and fall of the digital currency.
 And the economic factors that the world is going through will directly affect the rise and fall of digital currencies
 The volatile political conditions are one of the main reasons for the volatility of digital currencies.
 It is good when the currency fluctuates between high and low, this fluctuation is what causes some profits, but it looks bad when the decline lasts for long months.

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The most important thing for me is getting into the right place. Some people buy from the top and prices drop and do not sell, believing that it is correct and seeing their money burned every day and he can do nothing but wait. For example, Bitcoin was its big peak in 2017, and here we are in 2020, and we still have not passed it.

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14 hours ago, Kafon said:

The most important thing for me is getting into the right place. Some people buy from the top and prices drop and do not sell, believing that it is correct and seeing their money burned every day and he can do nothing but wait. For example, Bitcoin was its big peak in 2017, and here we are in 2020, and we still have not passed it.

@Kafon If user accidently bug crypto when the price is at peak, your comment make the sense in that situation otherwise common strategy that everyone follows when market for certain cryptocoin is, buy coin at the relatively cheapest rate and wait its price to raise. All depends on the what sort of analysis you do follow. 


 

 

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The profit potential is really high though the condition of prices in market is volatile. I really think it's a big deal for lot of people as matter of consistency. Though there are lots of risk they is good potential in earning.

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It is good to take advantage of the opportunities that you see before you, but not every opportunity is profitable, perhaps educational. You have to create an investment plan. If you invest in currencies with your own money that you do not need, you will not find yourself rushing to sell in case of danger. Because you know that you did not lose a lot, and you can make up for it afterwards.

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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Searching for the cryptocurrency before putting the money in it is something that helps to get better results and achieve higher profits The more information you have about something, the greater the interest that will return to you.

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1 hour ago, KHALED ADWANI said:

Searching for the cryptocurrency before putting the money in it is something that helps to get better results and achieve higher profits The more information you have about something, the greater the interest that will return to you.

I have also advised to invest the time to research more about the platform and the coins before making the investments otherwise it will lead to an excessive losses of the money. Volatility of well performing the unique coins can only generate the profits if the trades and investments are done properly. 


 

 

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I agree with you that the volatility of cryptocurrency prices is the beauty of crypto. Price volatility in crypto is an advantage for us crypto traders, if there was no price volatility, cryptocurrencies would no longer be seen as a profitable asset. We can play with continuous price volatility, never be afraid because here we can get high profits.

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2 hours ago, Onden said:

I agree with you that the volatility of cryptocurrency prices is the beauty of crypto. Price volatility in crypto is an advantage for us crypto traders, if there was no price volatility, cryptocurrencies would no longer be seen as a profitable asset. We can play with continuous price volatility, never be afraid because here we can get high profits.

It's true that volatility is a very good characteristic for crypot trading but I think it's not that mandatory for traders, because if you look to the forex market which has less volatility than the crypto one, you will claim that it's full of users.

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The cryptotalk platform is the most volatile thing that exists, it makes us earn money in a simple way, you just have to have creativity, time and desire to learn

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On 11/29/2020 at 9:32 PM, Onden said:

Price volatility in crypto is an advantage for us crypto traders, if there was no price volatility, cryptocurrencies would no longer be seen as a profitable asset.

Excellent point. Due to volatility nature of the crypto, traders are finding so many opportunities to make profits and it has helped many traders to dive into the crypto world. I wonder, people hate this most loved nature of crypto for no reason ! 

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I like volatility  of Bitcoin. Yesterday Bitcoin volatility was appeared  to high level. I think traders earned good benefits in the very short time frame. ADA & OGN are good coins I think. I'll check. 

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Yes cryptocurrency market are very volatility your chance to earn lots of money or Los all but this sentiment market you need a patience and do not trade with emotional only do buy on low and sell on high and dont panic just hold

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On 7/26/2020 at 9:38 PM, Whited35 said:

So guys, diversify your investment portfolio and never get afraid due to the price volatility of most of the cryptocurrencies. Cryptocurrency Volatility is your friend, not an enemy. So ,never lose hope. You never know what tomorrow will bring for you 😊

All currencies in the crypto world are always volatile.  So we have nothing to be afraid of seeing its price.  However, I chose Water and DLRS coins to invest.  Then the price was very good and now its price is very low.  But I was not afraid to dump the price of this currency.  I'll wait until its price pumps up.  So we should not be afraid of the crypto world.

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10 minutes ago, Cleaner said:

All currencies in the crypto world are always volatile.

Stablecoins are there which do not follow an extreme price volatility. 

12 minutes ago, Cleaner said:

But I was not afraid to dump the price of this currency.

Huh, did you dump the price of Water and DLRS on Yobit exchange 🤣?

13 minutes ago, Cleaner said:

 I'll wait until its price pumps up.  So we should not be afraid of the crypto world.

Good, having patience is the key quality to be a good investor in Crypto. Mature and pro traders always wait for the right time to trade the currencies. 


 

 

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53 minutes ago, Sumaiya52 said:

I think that of most traders do not want to invest in altcoin that much..the most common mistake are like this investment in stablecoin to exchange this high coin..the price volatility plays the vital  roles  in beauty the crypto currencies 

@Sumaiya52 It is true that what distinguishes digital currencies is their price fluctuation a lot, which is something that traders find interesting to trade, but the thing that is required in trading is professionalism, because it is really an area full of risks of price fluctuations.

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