which have not been overcome since the price of Bitcoin, the 10,000-US-Dollar-brand long-term, the question is: How can I benefit from the Bitcoin price? What opportunities are there to on the crypto-market, what should I be aware of? What it is to enjoy with caution?
By Phillip Horch
5. July 2019BTC$11.366,00 -3.74%part Facebook Twitter LinkedIn xing mail
Disclaimer: A part of the following article contains suggestions to the crypto market and Bitcoin-to participate in the course. For any losses, the crypto may not be stuck-the market is unpredictable and highly volatile. In addition, we barrier a part of the article behind a payment, as we are currently testing, together with SatoshiPay a new way to monetize content in the Digital. How to test the System and free Credits get it here.
by the Way: The following tips are aimed primarily at beginners, experienced traders, we refer mainly to our technical price analysis.
1. The price of Bitcoin rises? We hodln.
The German rapper Sido & Savas and Dr. Julian Hosp sang it in a Song: Hodln is a method to benefit from the Bitcoin price. The word is a modification of the English “hold” and means nothing more than to keep his purchased crypto-currencies. Here, it is of rising prices, and wait until it has reached its desired goal:
Sido & Savas “Hodln” (Official HD Video) 2018
watch This Video on YouTube.
Thereby, you should keep a close eye on his targets in mind: when I walk? This applies to both course goals as well as for possible losses.
2. Emotions in the view
keep On the crypto-market, the Maxim is: keep calm. Bad counselors FOMO, the afraid of missing something (Fear of Missing Out), as well as FUD, fear, uncertainty & doubt (Fear, Uncertainty & Doubt) on the other hand are.
The Problem is that Both reactions lead to irrational decisions. If the Bitcoin rises course around rapidly, this can often be a sign of Overheating – a quick correction is always possible. Anyone who breaks out in FOMO and quickly nachkauft, can look at the correction, then just as quickly into the Void. In the worst case of FUD from then breaks in addition, yet a further decline in rates. The result: The unfortunate Trader loses a lot of money, just because of FUD and FOMO.
Where we are already in maxims: never put more money on the game, to lose as you are ready. Loans to play on the crypto-market that can quickly go in the pants.
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