You need success? Then don't fear to take risk! - Page 62 - For Beginners - CryptoTalk.Org Jump to content
Calvinpriva

You need success? Then don't fear to take risk!

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Yes you're right mate to be a successful it need to a high risk and we need to take the risk so that we know what we can just like in trading crypto coin, we need a lot of risk to so we can earn but we need to accept that we may be lose

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Now this is a thing, one thing is danger for man, then why not success after that, but man will think about the danger first, success is also fun when he has worked hard, otherwise he will take the risk. There is also no benefit.

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 Thank you my friend .Your topic is really cool and touching .I agree with you absolutely .We must all work and work and not give in to circumstances.We must always try to find the best in life.

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You need to take risks, challenge yourself, and try harder if you want to grow stronger and become better. Your brain will try to convince you to play it safe. It will tell you that you can't succeed or that you shouldn't bother trying something new.

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Yes friend risk is a part of life. FEAR is the thing that stops you from becoming successful. Life is not a bed of rosses. There are many stages in our life we have to take risks and just believe yourself. If you believe yourself you can face everything. Don't let your inner FEAR come between you and your dreams. Just be You and believe yourself

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Your comment is very meaningful, and I agree with your article, because trading and investing are difficult, and we need a lot of guts, because the risk factors in crypto are very high. If we invest money with a brave heart, we will earn profit in crypto. So I also recommend investing money with a brave heart, but do some analysis first, and don't show fearlessly.

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Yes this is true if you need success or need to feel just your job continue your work start struggling good work and meaningful work which is understandable for others and do informative work you must win you can do.

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Yes, my dear friend, behind every great success has great risks. Therefore, dear, beware of success. The risks of yen in general must be in the field of bewitching people and we need it for success, for example entering the field of cryptocurrencies for risks in capital and entering into a specific aid and losing from this process in general to obtain The necessary experience to survive We work in general in this field, whether you are dear to the risk or the main one to reach success and learn enough experience and strong knowledge about this goal Thank you very muchYes, my dear friend, behind every great success has great risks. Therefore, dear, beware of success. The risks of yen in general must be in the field of bewitching people and we need it for success, for example entering the field of cryptocurrencies for risks in capital and entering into a specific aid and losing from this process in general to obtain The necessary experience to survive We work in general in this field, whether you are dear to the risk or the main one to reach success and learn enough experience and strong knowledge about this goal Thank you very much

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Fine, how are you, your words are wonderful my friend, we must work hard and patience until we reach our goal, and agree with you, after the defeat everyone is afraid and does not try again and this thing is wrong, we must always try 

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Your comment is very meaningful, and I agree with your article, because trading and investing are difficult, and we need a lot of guts, because the risk factors in crypto are very high. If we invest money with a brave heart, we will earn profit in crypto. So I also recommend investing money with a brave heart, but do some analysis first, and don't show fearlessly.

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Yes, my friend, this is true. Without risk, it would not create the rich, this is certain, but at the same time you must be careful and not risk all your money, and learning is the most important weapon not to make mistakes.

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Dear friend @Ahmadkhubbieh @Alon11 @Bossokingcryptocurrency is a digital platform and Trustwallet. Creating in the cryptocurrency world requires confidence and risk because only through this will you be able to make good unexpected profits that may possibly make you rich in a short time, so taking risks should be your part if you want to make huge profits in this field fight and challenge the thyl fear from your mind to succeed. Thank you 

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Welcome, my dear friend

A person must take risks in order to be successful.

I agree with you on this.

I hope to achieve great success in the field of cryptocurrencies.

good luck for everbody

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I agree with you that all successful people have at some point taken the risk and seized the opportunities correctly until they are now your thing, so take advantage of any opportunity you find because failure is your decision.

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I agree with you in order to be successful in your life and a strong and rich investor. You should not give up and try again. Loss does not mean failure. You must be patient, effort and follow the path, and you must overcome your fears and organize your time at work. Working here on this platform is useful and important to gain experience And earn money and invest it well. Good luck to you.Thanks

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Hi my friend thanks for this publication
Useful in life in general, there is no place for the weak person always getting all opportunities to be a mighty share in this world. I am happy to be in this forum for dialogue and exchange of experiments in the world encrypted
I wish you a happy life

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I strongly agree with you it is true .we should don't fear for taking risk because without out we we can't reach at success. Risk is the first step to reach the succes.fear always become the course of failure.so so we should over on our fear.

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Fear is a natural thing, and if you find you have to eliminate it, most of the failure is not from fear, but from a lack of material things that help people with minimum competencies, and it is not necessary for material things to be related to money. Every person has his ability and his ability to live, renew or rise.

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That's true my friend. We must believe in ourselves and should strive towards achieving our goals. Fear is our greatest enemy it can pull you down. So we should not fear anyone or anything . In this forum too don't fear to take risk , sometimes losses may happen but one day you will attain your goal . So work hard , learn more and be ready to take risk.

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Your words are very comfortable. Fear is one of the causes of failure. There are other reasons, in fact, following passion in working with cryptocurrencies leads to failure, and running after getting rich quickly leads to failure.

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Thanks for your little advice. Taking risks in life is difficult, the easy thing is to lose everything, that's why I think it is super important to have a plan b in case things go wrong. As you said, we must have a lot of faith and be sure of ourselves to get ahead.

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You are right bro but everyone doesn't have this strength to take big risks especially the newbies, if the newbies takes big risk and unfortunately they loss big not then it will demoralized them or even they can leave crypto world.

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This is true mate  We must always believe in ourselves and be able to bear the losses because this will enable us to gain sufficient experience in the future and this experience enables us to obtain good money in any field we choose as we bear the risk of any thing that will happen to us

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Hallo my dear friends have a good day.

You are absolutely right my dear friend I have seen many who don't take risk in his life therefore they could not become success in there life and many people become success due to taken risk in there life.

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Sure, why not? Since crypto currency is not a joke, all of us here must take the risk. If we really want to succeed in the crypto industry, we must work diligently.

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Regarding the forecast for the near term, as of the evening of 10 May, it is maximally neutral: 50% expect dollar strengthening, and 50% expect its weakening. Trend indicators on D1 are equally divided: half are on the side of the reds, and half are on the side of the greens. Among oscillators, only 10% voted for the reds, another 10% remained neutral, and 80% voted for the greens (although a quarter of them are already signalling overbought conditions). The nearest support for the pair is located in the 1.0710-1.0725 zone, followed by 1.0650, 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are in the regions of 1.0795-1.0810, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, and 1.1100-1.1140.   In the coming week, on Tuesday, 14 May, consumer inflation data (CPI) in Germany and the Producer Price Index (PPI) in the US will be released. Also scheduled for this day is a speech by Fed Chair Jerome Powell. The next day, Wednesday, 15 May, important indicators such as Consumer Price Index (CPI) and retail sales volumes in the United States will be published. On Thursday, 16 May, the traditional number of initial jobless claims in the US will be announced. And at the very end of the working week, on Friday, 17 May, we will learn the Eurozone CPI as a whole, which may influence the ECB's decision regarding the euro interest rate.   GBP/USD: Pound Remains Under Pressure but Holds On   At its meeting on Thursday, 9 May, the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two committee members supported a rate cut to 5.0%, which market participants interpreted as a step towards the beginning of a policy easing cycle.   At the post-meeting press conference, BoE Governor Andrew Bailey expressed optimism, stating that the UK economy is moving in the right direction. Bailey also noted that “a rate cut next month is quite possible,” but he intends to wait for data on inflation, activity, and the labour market before making a decision. Chief Economist Huw Pill, although he joined the majority in voting to keep the rate unchanged, also expressed growing confidence that the time for a reduction is approaching. He added that “focusing only on the next Bank of England meeting [20 June] is somewhat unreasonable” and that “medium-term inflation forecasts do not necessarily signal rate movements at the next or subsequent meetings.”   Overall, the movement of the GBP/USD pair last week resembled that of the EUR/USD pair. The chart shows a distinct surge on Thursday, 9 May, triggered by data indicating a cooling US labour market. The pound was also supported by optimistic GDP data for the UK for Q1 2024 and manufacturing sector data for March. GDP (quarter-on-quarter) rose by +0.6% after a decline of -0.3% in the previous quarter (forecast +0.4%). Additionally, the GDP grew by +0.2% year-on-year, recovering from a fall of -0.2%.   As with the euro, the pound is under pressure from the prospect of earlier monetary policy easing by the BoE compared to the Fed. However, the British currency ended the past week above the key 1.2500 level, at 1.2523. Moreover, 65% of analysts expect the pair not only to hold above this horizon but also to continue its growth. The remaining 35% voted for the pair's movement south. As for technical analysis, trend indicators on D1 are split 50-50. Among oscillators, only 10% recommend selling, 40% took a neutral position, and 50% recommend buying (10% of them signal overbought conditions). If the pair rises, it will encounter resistance at levels 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900. In case of a fall, it will face support levels and zones at 1.2490-1.2500, 1.2450, 1.2400-1.2410, 1.2300-1.2330, 1.2185-1.2210, and 1.2070-1.2110, 1.2035. The upcoming week's calendar highlights Tuesday, 14 May, when data from the UK labour market will be released. Also of interest is the Inflation Report hearing scheduled for Wednesday, 15 May.   USD/JPY: $50 Billion Interventions Wasted?   It seems that until the Bank of Japan (BoJ) takes confident and clear steps to tighten its monetary policy, nothing will help the yen. At its meeting on 26 April, the board members of this regulator unanimously decided to leave the key rate and QE program parameters unchanged. Expectedly tough comments on the outlook were also absent. This inaction increased pressure on the national currency, sending the USD/JPY pair to new heights. It continued its cosmic saga, reaching a new 34-year high of 160.22. Following this, Japan's financial authorities finally decided on a double currency intervention. Although there was no official confirmation, experts estimate its total volume at $50 billion.   Did it help? Judging by the USD/JPY chart, not really. The pair headed north again last week. Unlike the euro and the British pound, the yen barely reacted even to weak US labour market data on Thursday, 9 May, only slowing its decline.                    All this occurs amid endless statements from the Japanese Central Bank and Ministry of Finance about their readiness to take necessary measures to reduce speculative pressure on the national currency. The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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