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Phu Juck

Don't trade, HODL!

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People have been tried to make more profits but instead made losses and are very sad now. A strategy many people used was trading and it didn't work because trading is pure luck. Price can go up or it can go down. Studies says 90% of all traders make a loss long term.

Trading is really not sustainable because it is high risk and people should better HODL. 

 

Because if we have a good coin, it will go up in price, not need for risky trade. 

HODL! 

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7 minutes ago, Phu Juck said:

People have been tried to make more profits but instead made losses and are very sad now. A strategy many people used was trading and it didn't work because trading is pure luck. Price can go up or it can go down. Studies says 90% of all traders make a loss long term.

Trading is really not sustainable because it is high risk and people should better HODL. 

 

Because if we have a good coin, it will go up in price, not need for risky trade. 

HODL! 

@Phu Juck That depends on what you want to do, if you are looking for short-term profitability and you get a currency that fluctuates very well to do fast trading, you must take advantage of the opportunity, that you say that 90% lose in the trade for not holding, it is not quite true, thousands of people earn money every day in trading, for that you have to have knowledge, the hold is used for medium or long-term trading, the world of cryptocurrencies is complex and you can do many things, the knowledge will make you free and learning makes you see things from many points of view, greetings.

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Unfortunately, I do not agree with you on this issue, my friend. Because I have a lot of acquaintances who live only by trading. I have invested in dogecoin before and dogecoin has gained over 600% in value. Thanks to this, I made the most money I could earn from trade in my life. You need tactics, patience and risk when trading. For example, I bought Ripple and I'm waiting for Ripple's court on February 22nd. It may rise in value after the court.

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I think people who are not into tying capital down for a long time will be better off to trade now that btc prices are on the high level. A very good profit will be made during this period. What's not encouraged now is trying to make purchases. In the end, it all depends on individual needs. @Phu Juck @Dormilon

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The trading is a good for make some profits but if anyone don't have the capacity to trade he can only hold h7s coins and stay but it's take a long time not like trading that you can have profits very fast and more than holding 

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Well, it's because traders also need to gain for their daily living, the best way is that is for example in bitcoin then allocate a bitcoin that you would hold then allocate a bitcoin that you could use to daily trade or short trade to earn. But yeah holding is also the best decision like what happened in bitcoin imagine holders that hold their bitcoin from the year 2011 up to now then their profit is super high from what recently happened to bitcoin price.

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On 2/14/2021 at 6:28 PM, Dormilon said:

that you say that 90% lose in the trade for not holding, it is not quite true

No, it is true, many studies have proven. It could also be 80% instead of 90%, studies are different here buy studies have found out for sure, a mayority of traders is losing money, not gaining. Only a little % are gaining long-term. 

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I respect your opinion my friend but I do not share it, I have obtained good profits with trading, you just need patience and a good strategy, if you get carried away by emotions you have a 95% chance of losing all your capital, the hold is good but that is at the discretion of each person. trading is short term and the hold your profits are long term. 

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The exchanging is a useful for make a few benefits yet in the event that anybody don't have the ability to exchange he can just hold h7s coins and stay yet it's require some dislike exchanging that you can have benefits extremely quick and more than holding

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I'm so glad is a good for make a few income but if everyone don't have the ability to alternate he can most effective preserve h7s cash and live however it is take a long term now not like trading that you can have earnings very fast and more.

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On 2/24/2021 at 11:29 AM, Ayesha420 said:

Lamentably, I disagree with you on this issue, old buddy. Since I have a ton of associates who live simply by exchanging. I have put resources into dogecoin previously and dogecoin has acquired more than 600% in worth. Because of this, I got the most cash-flow I could procure from exchange my life. You need strategies, persistence and danger when exchanging. For instance, I purchased Ripple and I'm sitting tight for Ripple's court on February 22nd. It might ascend in an incentive after the court.

Yes, if you have made a profit from trading (it is not impossible), I would take profit, buy a good alt coin and be happy but not continue tradin because it is huge risk. Experts have made studies and found out about trading: it is not profitable because 90% of all traders lose long term. Because of greed existing profits were lost. Experts made very good studies here. 

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I am new in the crypto world, I have some coins in hold but getting profits this way is a very slow process, that's why I want to learn about trading in this forum, I think you can get profits much faster, the coins must be invested to increase the capital. 

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Friend, this information that you are giving us is very useful for all those who want to exchange because now they will know that they should not exchange the same that is in each one but at least with this publication of yours they will know and are informed before exchanging later if they want to exchange Whether or not it is their decision.

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Trading in cryptocurrencies is good and many people make good profits through it, but it needs good experience and knowledge of the currency market, and we must not buy currencies randomly and without having the necessary experience to work because that may cause large losses.

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Real reason you are right and I agree with you addiction recovery should never in West Indies currency we call it is not give you benefit and having a very weak lower volume it's mean you should not invest in this and you cannot get much benefit from this

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I have been on this plat form from couple of months and i have replied to so many posts like this what i have seen people don't advice to trade when you are Beginner you must have technical knowledge to trade. 


"An Investment In Knowledge Always Pays The Best Interest"🌼

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Investing and trading mainly needs experience and knowledge, so it is not possible to buy a currency randomly and wait for the profit in the end, but we have to monitor the digital currency market on a daily basis and select a specific currency to monitor it and buy it when its price drops and then sell it when its price increases

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I do not agree with you, many people depend only on trading, but if you want to be successful in the field of trading, you must study the market situation and buy only when the price of currencies is low and the sale when the price is high, it takes patience and you may lose some times, but not  So the limit you mentioned.

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We must choose a trading method that is good and the time is not long. I recommend medium-term trading that lasts for hours and for several days and thus you earn good profits in a short time

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On 2/14/2021 at 7:16 PM, Phu Juck said:

I do not advise any newcomer to enter the field of cryptocurrency trading in order to gain knowledge and experience in this field because trading cryptocurrencies is a highly risky field.

Edited by Al jareh

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The present era is the modern age. In this modern age, people do modern things. Many work online to earn a living. I also work online. I earned $ 1000 BTC from crypto at one go. I invested $ with Telegram. I converted crypto into money with the bank. General Chat Chat LoungThe way the crypto currency is advancing suggests that there will be more growth in the future.

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Dear  friend if you see that some valuable coin is losing then you should not be disheartened and do not trade your coin  you just hold it because many time the coin rate become high and it gives a good profit that's why you should take right decision and work with patience than you will succeed.

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