It’s time to make sure that you’re ready to run with the Bulls.
(If you leave this to chance, you’re dead to me.)
Capeesh.
Friendly Advice For Your Consideration
Setting up accounts on more than one exchange will serve you well. I recommend having access on a minimum of 3 different exchanges.
Choose exchanges that have some operating history and are larger.
I’m not joking. If the exchange that you’ve chosen to use, isn’t big enough they may not have the physical coins in their actual possession. They’ll happily over-sell to you and take your funds. Then, they’ll lock you out of your account while they fain maintenance or administrative issues so that they can procure your order. This will mean that you wait, unable to access or trade. This will cost you coin and lost gains on trades you could have made while hours and days go by. Choose your exchanges wisely.
- Once you’ve secured your coin (if it’s not on your long- term hodler list) keep a certain percentage on the exchange(s) that you plan to actively trade with. The rest, secure in a wallet of some description.
During the Bull run of 2017, we witnessed great difficulty even being able to make accounts on the exchanges. They just couldn’t process the physical volume of business that they were hit with. It took 3 weeks just to get your foot in the door. My advice: get in the door before the panicked crowds even try.
- Do not leave coins (that would hurt you to lose) on the exchanges. (I cannot yell this loudly enough. Not all exchanges are regulated. Will you be protected? Who knows.)
In 2017 and 2018, exchanges were hacked. People lost because they left their assets vulnerable on exchanges. There is no insurance. It takes time to organize and protect yourself. Leave time for this. What’s the point of being an early adopter if your coin is stolen because you didn’t take the time to stow it away properly?
- Make yourself a trading strategy. Start by researching the companies associated with the coins that interest you. Is the management team accomplished and organized or, are they running on a wing and a prayer?
This is an action plan related to “what” coins you plan to trade for and “when”. Consider the gains you want to realize from the coin. Choose your entry and exit points. Monitor and be prepared to trade when your benchmarks are achieved. Some coins you will trade with some semblance of speed. Some coins you will hold onto long term. It’s important to have a mix of different coins. This will give you the most flexibility and lower your risk.
With everything in order (because you’re prepared) the sky will be your only limit.
I hope you ALL soar.
~ Rebecca ;)
Sometimes it make you puzzle and always care about coin to rise and hold on.
Posted using Partiko Android
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Yes, it is a puzzle worth solving.
@sheikh27, we are poised to witness the greatest transfer of wealth in our lifetime. Future family legacies will be set for generations to come, based on the actions that each of us who are holding coin positions, make at this particular junction point in history.
Many think this is a scam. It’s not, but you need to be organized and have a plan for it to really work in your favour. (In my opinion, of course.)
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What are your fave or rec exchanges?
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Hi @doitvoluntarily!
Like most of us, I have used many different exchanges over the last 3 years.
My faves are: Binance and Bittrex.
The rest, I have had hit or miss experiences with.
I’ve most recently used Coinfield (a Canadian regulated exchange) however they still seem under-prepared to move large volumes of coin. I use them really only to trade fiat directly for crypto, in smaller increments (less than 10,000).
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Sitting here with my helmet on and my mouthguard in (don't want to bite my tongue off) , just waiting for liftoff. I was too small and too new last time....this time I am better situated to make a meaningful change and boy howdy......do I want that lol
You are my inspiration!
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I am suited up too! (If the boot fits, might as well come all out of the fucking closet, once and for all.) lmfao!
(Navigation is an actual 90 year old hound’s tooth, found on the family farm.)
Call shotgun @tamaralovelace. Hahaha!
Same boat. I was too green, last time to gage the entry and exit points, appropriately. Didn’t exit when I should have. All learning.
I say: let’s blow this popsicle stand sky high, shall we?
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Calling shotgun on this moonshot <3
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Key markers in time based on what I can “see and feel”:
June 22, start, FB’s launch of libra coin.
July 14th, shit show, corruption aired.
August, lots of gains, one week pull-back. (Trade dips if you dare. Last opportunity to stack.)
September, slingshot into the stratosphere
January 2020, all positions will be set.
T-minus, approximately 7 months.
We’ll see if this timeline holds. Feels like it’s going to. Can’t wipe the smile from my face. We can manifest this/ or bring it into reality by being happy for no particular reason. No fear, no uncertainty, no doubt...just happy.
Here’s to the happiest summer of our lives (to date)! Hahaha!
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I used to have a little birdie but the bitch flew away. 🤷♂️
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Hi @bluelightbandit.
I have learned.
Specifically, just how important clarity of communication, is.
Might I suggest that: some birds are really different.
They’re not sheep and they’re not dogs. They are volunteers not easy targets.
Perhaps “yours” was merely giving you some space to decide if you were relieved by the void, indifferent, disappointed or angry.
Kind of feels like frustrated anger to me, by your choice of descriptive labeling, so further clarification is needed.
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I might be just an ol' country boy, but you didn't have to waste your valuable and precious time "suggesting" that birds are mainly different from each other. Nor are they sheep or dogs, I figured that out all on my own. Not easy targets? Speak for yourself.
Perhaps "mine" doesn't know it all like she thinks she does, so she shouldn't be so quick to judge.
Not frustrated anger as you diagnosed, more like extreme disappointment. It's cool though, I'm used to people disappointing me. It's my own fault, I shouldn't set my expectations so high I guess. If my descriptive labeling is throwing you off, try using the Urban Dictionary. It will give you slang definitions and alternate meanings of words and sayings. If that doesn't help, maybe you could pencil me in around March or April for further clarification?
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