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Following the 📉📈 has been the best advice and has been the most secure way of making it big in trading a principle that will bring about a smooth profit reality but most times we predict where we want the market to go. Been too sure could cost you alot, remember trend change and no market direction lasts for ever.

Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.

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No one prohibit you to be wiser than the market. You have freedom to be like that IF you can. Unfortunately, most of us can not win against the market so it means we are not wiser than the market.

There are experienced and genius people who can be like that but I am not a person like that and many of us are not.

In addition, most of traders on the market are losers. If you want to get profit from the market, it is not mandatory to be a market winner, you just simply do good and long term investment. That is easier than trading and being a hard-core trader.

I think experiences is the best when it comes to trading, we all know candlestick, scalping and trend wouldn't work 100% but we can't deny most of people who learn trading will learn that as the basic trading courses. Trial and error are normal, probably just repeat the same strategy and look how reliable it is, if the strategy mostly go wrong/different than your analysis... try the other strategy until you find the strategy that work for you.

Yeah following the trend over a long term is probably one of the best strategies to use (as long as you can work out when and whether to pull out of certain things).

Short term trading strategies shouldn't be learnt using a lot of your portfolio and you shouldn't be using more than about 10-30% risk of your portfolio on a strategy just in case it fails too many times once.

I think your title is not relating to your analysis in your post.
Maybe you have to edit it to " You have to be wiser than the market". This is because it is wise traders that can make profit from the market and those not wise will lose. If you make profit from the market that means you have beaten the market to it. Exiting the market early enough, entering at the right time, reading the chart and analysing very well , including doing the right things in the market to make profit is being wiser. You don't make profit in the market if you are not wiser.

Or, you can just hold. Remove the stress in trying to invest and just keep on investing. Learning the bare minimum together with investing in coins that would develop in the long run, and not just built up hype, would help you a lot. Honestly, short-term is not really something I'd let someone new to trading do, heck even long-term traders would probably say that they don't particularly like something like day trading. It's just way too much stress imo, especially for newbie traders.

Yhup its always a good advice to follow the trend because even you made mistakes there's always a second chance to recover your loss and you can still bring your portfolio into green at the end of the day. Unlike trading without knowing your against the trend because to be honest its been my common mistake and it's like you're competing the market and of course all the results will be negative. :D 

It may seem easy to follow up with the trend however it is not that simple as it seems.
Crypto trading is complete game and if you wanna go with the trend then huge amount of trust is needed when you are choosing the assets.

If we gonna get wiser than market then this needs to be buckled up pretty well. Immense study, proper execution from bearish to bill trend is indeed needed while working on these methods.

Experience is all that matters most while trading, it is true to not trade more than the amount that can be affordable to be lost, because trading can be other way around many times which will not favor the trader at all. Experience matters, someone that have the experience already would have known the do and don't of trading but new traders should be very careful they should not be wiser because it is clear how they can trade and lose significantly.

Yea, I have to agree that we usually predict where we want to see the price. But it doesn't happen most of the time and regrets it eventually. I am one of the people who decide to trade with the trend. Once the market starts to dump then I make a target where should I take my first entry. If continue dump then I sent my second entry. That's how I decide to take entry step by step. If start pumping again, then I just hold my assets and sell them for profit. But for that we need patience. If the price continues to dump that I bought shouldn't be panic. Otherwise, we can't make a profit. That's how I trade now, but I like slow trading, not day trading.

Dont try to be perfectionist and this would be the key and i cant deny that i do have this kind of mindset wayback on trying out to have perfect trades and wouldnt really tend to make a losing one
which it did really frustrate me off when i do have loss some trades and made me realize that dealing with the market isnt simple as it looks or simply as you do heard off because once you are on the market dealing off with yourself then making the next move would be always a big question.

Dont really be that confident that you could able to handle everything out because this isnt how the reality works.If you wont able to believe so then test it out for yourself.

Amen brother! There is no need to force returns in the market in one day, we are just a small trader compared to the total market and can't influence the prices. Assuming that our trades would have any real price impact is like thinking that we know more than the market, what is wrong. Like you said there will always be another day and another chance to make a profit. We shouldn't worry about missed opportunities, that is just greed speaking in our head. Following a good strategy and relying on fundamental and technical analysis will help us to prevent reacting on our emotions. Trading is a hard business and requires a lot of work for staying ahead, and still requires some luck to make a profit.  

This is the reason that those who insist to be more wiser than the market ends up to be frustrated and lose their patience. Based on my own experience, trading is really hard and in most cases, you have to admit to yourself that you can't do winning the trades all the time. Losses will always happen even how much you try avoiding it. So its better if we can learn to adjust and ride with the market, than to see yourself struggling to make profits.

Agree with you, don't force ourselves in trading. If it seems to not work well and the market situation is not friendly enough, it is better to stop trading temporarily. Taking a rest and planning to try again the next day is a better option, no need to force trading on that day. I'm also working as a day trader but I don't always trade every day, I trade when I think the market condition is suitable for trading. When the market is decreasing severely and it seems to continue for several days, I avoid trading and prefer to wait-see for a moment.

We all started with zero experience and we all know the risk of trading if you do it with zero knowledge so its really advisable to study and learn trading first, this is very important so you can achieve your goal in trading. TA allows you to timing the market, many forget this and becomes greedy the result is not good for them so if you do trading always have your confidence and analysis to become more effective.

This is the common reason why people had failed and lose their money. There is so much pressure from themselves to learn trading which wasn't the thing to do. And in fact, many people wanted to take the shortcut but somehow, they don't find any. We simply can't just underestimate the market nor we can even be wiser as it was because nobody can predict what will happen next. And this is a reason why traders especially newbies suffer losses before they learn more and become experts.

Honestly, nobody had become wiser than the market even trading experts can't compare to it.

This is obvious for some people, but most people don't get it. They follow the market trend or prediction and thinks that they are doing the right thing. But when those prediction doesn't turn out to be true and people loses money, they start calling crypto currencies a scam. All those price predictions are just predictions and nothing else. There is no certainty that what was predicted will happen and it will follow the trend or not. The market is very volatile and any events can cause a huge impact on the price deviating the market from the trend. That's why short term trading is very risky and long term holding has less risk.

When Bitcoin price increases by 10%, everyone will say "the dip is over!"

When Bitcoin price decreases by 10%, "damn bullshit bear is coming!"

There are really times that people are dragged by the hype. It's common. But to predict something out from that reference only, it's inappropriate. Never ever be wiser than the market but instead, be wise on our strategy how to go with the flow with the market.

You can strategize on how to take advantage of the market, whether it is in bearish or bullish season. A smart trader can always earn profit no matter what the condition of the market is. It would be a challenge for everyone to find a good technique on how to lessen losses let alone earn profits. But it takes experience on how to survive in this market. If you will give up easily, you won't achieve what you desire in this market.

This is one of the best methods I am doing when doing trading. I am with the trend or avoid countering the trend.
Catching some dumps/pumps for me especially when using leverage is like catching a falling knives, so for me that kind of method is somehow not effective but there are some who making profits with this especially when they are on the right time.

Some of the wise traders don't wait for the market ATH. Just when they learned that the price is close to RSI overbought, they already dump and wait for months for the price to its bottom. But the trick there is they also have no idea where the bottom could be so they just buy at which price they are comfortable in dipping thier toes to a rocky river.

It's not so wise but it's still profitable for them. Because what is important is that they still have the capital to once again play in the market.

Yea rather than waiting it's better to start to take this opportunity because we don't know where is the bottom at. While we watch the market movement it's better to gather your capital to increase your holding bit by bit and wait for another year and another ATH. I believe cryptocurrencies will touch it's new ATH and it's only a matter of time.

Becoming wiser will be needed for every trader and investor and always adapt to the market's change so you can use it for yourself and you do not have to panic wherever the market moves. While taking a rest and giving it a try the next day also helps you release stress from the market and this can refresh your mind so you can analyze better on the market. You can follow the trend, but if you do not know when to get out of the market, you can screw yourself and in the end, you will lose your money. You should take profit while you can and not wait for the other high price as that can not always happen. You should know when to decide and make a profit.

That is true that most traders predict and the market go the other way which causes liquidation especially for future traders, I mean traders that are engaging themselves in future trading. But what js causing most liquidation is greed and inexperience, some traders will go for 100x leverage or more which is highly risky, I remember when I went for 10x it is also very risky. 5x is even very risky in volatile market. If the market is also against someone's direction, 3x can be very risky during extreme volatile market. The leverage someone is using is many times the cause of liquidation but trends can really help but some traders are day traders and trends can not work for them but only in few times during the hype.

This is ideal and that is what most traders expect. But somehow this is difficult to control consciously. When the market movement from a weak mentality leads us into the market game, it is as if we are indoctrinated to follow it. But as you said, trading is in our control.

Therefore we need really serious training because in trading we have to adjust to the trading targets that we have set.

All you need to be is wiser than others not about the market, if people are selling Bitcoin then wait for the right price then start accumulating then wait until everyone realize the prices starts to rebound they will buy again so you should wait until the near peak then sell it that's the trading is profitable or you can call it as long term trading.

 You have to realize that there is nothing that you could do which would "trick" market to do something else. Even when you are a whale, only nations can do it and maybe super famous people like Elon. Even that is not easy, Warren Buffett tried to say bitcoin is bad for a decade now and people still ignored, but somehow cared about what Elon said. So all in all not many people can control the market, so all we have to do is find a strategy, find a way that would work for us, and then just keep doing that no matter what the weak mentality people say. Just forget about rest of the world and keep on doing your own way, if it profits you then it profits you.

We can be the best traders we want to be but that does not mean that we are capable to control and win over the market. Having this unpredictable and very volatile market can be our best enemy, but if we just learn to ride with it and never be affected with greed, we can always win our trades but not with the market. As there was a saying that if you fail to plan, you plan to fail. Successful traders have always their plan written on the stones. You can read it more here..https://www.investopedia.com/articles/trading/04/042104.asp

The people making profit with leverage trading are experienced traders, really it is difficult to do that. Newbies don't need such way of trading because the risk is so high and it can lead to big loss and starting from beginning all the time is a set back. Instead using a 1:1 or 1:2 leverage is better than 1: 100

The cryptocurrency market today is very far from a real full-fledged market. Manipulation and insider trading. Frenzied movements due to the posts of famous people. Most of people's capital is fictitious and will burst like a soap bubble.

The term "wiser" is not the right to use, because traders are never gonna outsmart the market, why? because it is unpredictable. The technical analysis, the indicators are just there to help you to add the chances of making profits in every trade, not to become smarter than the market. Never go against the trend, because you'll lose money, ride the flow, so that you could make a lot of profits as much as possible.

When we are seeing the market most of people think that it will surpass an all-time high and they make holding their assets still it depends what kind of investor or trader you are. If you are an active investor why not make an investment when the market signal comes it's all about the technical analysis and trading indicators. Not all pump is go to the moon, not all dump will going to the dip always manage the risk and wait for the right time to buy your assets.

To earn - it means to give the profit to the wife for the household and the purchase of real goods. Everything else is just a stupid calculation of momentary profits. Almost 100 percent of newcomers initially increased their deposit many times. They felt like geniuses. It was especially easy to do this with constant growth.  The kingdom of heaven to them...

First, learn with your past mistakes.

If you've been trading for a few months or longer, you already have enough experience and knowledge that you can use to take advantage of those mistakes you did in the past.

Avoid being greedy and you should always target what's achievable. What's wrong with the new traders today, they're idealists but they're not realistic.

And they stick to what they think will work, but not taking it seriously. The reason why traders mostly fail is they never exert extra efforts so they can win their trades, because they believe that trading could make them instantly rich.

If you think you have potentials to make a good trade, enhance it. But don't be greedy and even think that you are good enough to overtake the market, because you will never win from the market.

this is the sad truth. It is not natural anymore, this makes it hard to predict things if where they will go. We will buy low because we think the bottom has been hit but eventually the price gets dump more evenly. It's okay for the people that have a lot of patience but for to some, they can only panic and sell at a loss.

Same when the market is rising, we think it will continue to go up for one last time but nah, it will only dump hard and we will start on the beginning again. If there is one thing that we can do now to help then that is by ignoring the noise or the hype that we hear on social media and news, because we never knew that its another attempt gain to manipulate this market.

This is the market, the rise cannot be permanent and the decline cannot be permanent, there is always after every rise a fall and vice versa, so even if the market is bearish in general, there must be some rebounds that can be used to improve the trading situation, I generally use this strategy as I sell a small portion of my assets on the rise and wait for it to fall again to increase the quantity so that the quantity can be increased continuously and wait for the bullish market again.

I think the best way so we can avoid being greedy is to have satisfaction in the profits we have. Set aside the get rich quick mentality. We can be rich in time by trading but we can do it more slowly, and not to keep chasing the market. Overtrading will only make you a loser in the end because you end up gambling even your hard earned money.

Next time you should really be making some on-topic replies rather than posting up random words which doesnt really connect out on whats been discussed so that you wouldnt really be having any problems later on.

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Its normal for human being on having that kind of impression in mind which they do really believe that it would be simple and could really be handled out well without any problems which is
actually true in first impressions on which you could really see from other doings which looks easy but when you are on the actual situation then you would realized things
on how it works and how to deal with it but it wouldnt really be that simple.

That is the nature of trading. We can be more profitable sometimes, and make losses other times. But never to compete with the market because we can never win from it. Just be wise enough and trade within your limits. After all, we do have our smart moves in trading so that we can ride with the market, and not to compete with it.

Can one be wiser than the market? Cause I see no way or reason why an investor we think of cheating the market when it's always end in tears. The market has its own way of balance the market movement and trend. There many things one has to learn form the market because its very volatile and versatile with different aspect. one has to learn and understand the brain behind such actions.

You're right mate. As the market is still unpredictable, we neither to say that we can make such thing right and all we do is just our speculations, and we acted upon on it based on what we understand. That is why we have to keep our patience stronger and able to remain calm in every situation to come especially during the bear market otherwise, we just fail.

Patience is an important thing so that the strategy that we made earlier continues to run even though the tempo is slightly hampered due to market conditions that do not allow it. Stay calm in any condition, and have a reserve of funds will be very helpful to buy at the lowest price. Rest assured the bear market will not always dominate, the bull market will also come soon.

Trading requires a good strategy because then we can determine the right time to sell or buy coins. The ups and downs of the crypto market are commonplace and often happen and as traders, we inevitably follow the flow of the crypto market. it's just that we also have to be able to take advantage of the existing moment if there is a good moment. failure in trading is not the end of everything, after all, if we can learn from our mistakes we will not get continuous failure. it is true that if it fails then try again tomorrow, do the best we can to be able to learn again and become better at trading.

Confused enough, what is wise in the crypto market, and what makes we don't be wiser than the market?
I don't think that everyone needs to limit their wisdom in facing every market situation. Even we don't know what will happen to the crypto market in the future, as long as the wise decisions will help, it is okay enough.
We are aware of how cruel is market sometimes, how the market can break our limits and dream so sudenly. But, the fact that we stillneed wise insead of greedy and panic is really essential.

Just come to think of it.

When someone wants to be wiser in the market, there are lots of ideas on his mind.

Isn't it better to be like that so that they will work on how to deal with the market trend either it's bullish or bearish?

But not all can do that. For me, it's best that some people will think negatively with just a small bit of price movement.

I will admit I'm one of those who think that whenever Bitcoin price increase by 10% during the bear market, it's now the end of the bearish trend. It's something that I learn and realizes that a certain trend isn't going to vanish easily like that.

Of course, a good strategy is a must.

Actually, there's no perfect strategy. People will really end up using other strategies and find what's suitable and appropriate to use.

Those that think that they can be rich with trading so quick, there's actually the fact that it's possible. But them coming from being a newbie, that's just so wrong and offbeat. Their mindset should go along with how to cope with the market and learn how to trade properly, how to handle the pressure and emotion that we're dealing of so hard.

Yeah, being satisfied and the content will help you to conquer the hardship of being greedy. It's not going to be easy but there's a way to overcome greediness and if someone is dealing with it, he should realize that he has to measure himself if he's going to the point of greediness.

But unfortunately, people seem not like that because they tend become panic when the market moves to the other side.
They can not see the opportunity that they can get from that instead still trying to chase the pattern but they still do not figure out what is happening to the market.
If you want to be wiser in the market, you need to have enough experience to look how bigger your chance to follow the market.
Trying to calm down can be one of the things to become wiser when the market changes the direction.

Yes, that's probably the thing but I think that what OP meant in this context is that you can't be overconfident when you are in the market because you don't know what's going to happen next so it's not advisable to be greedy or in this case wiser than the market because you'd end up losing money if you're not careful and you keep that carefree attitude.

Even the so-called gurus and experts out there aren’t wiser than the market. They can predict all they want, but it’s not accurate and perfect either. Newbies, beginners and average Joes out there are just falling prey to these gurus and experts thinking that they know what they’re doing when to buy or sell.

Of course, the technical analysis, candlesticks, patterns, etc., could help us a bit to analyze where the market is heading along with the potential bullish/bearish news around the corner that would highly influence BTC’s price. We’re not wiser than the market and never will be. It’s unpredictable and it can just change directions without warning and all of a sudden anytime.

I have done with the TA, chart analysis, a lot of basis that we could use but none of these things will give us assurance, we're still facing in huge risks. To be wiser than the market is not important for me but what I need is to have a clear vision of what I do. It simply we can't avoid losses no matter what we do and this was because we can't make accurate forecasting, yet, it was still an anonymous trend to come that surely surprises us.

The market is dynamic and verse, also people trading the market should be more verse and dynamic. The traders need to be wiser in order to win the market.
There is a clear distinction between greediness and wiseness.
You need a primary strategy and also have some secondary or backup strategies, incase the market takes your major strategy unaware.
Remember to always check the market volume, demand and supply and make good use of the order nooks.
Market is a high tension, but it affects mostly the people without an insulator. What is your insular???

We can be wiser than the market even though it is an unpredictable market. If you are a winner always it means you are getting something right and wiser. If you are consistent failure you will be forced out of trade and a loser that meaning not being wiser. The unpredictable nature of market is what will also be looked at to be smarter and get required profit.

Traders trained themselves to become wise and skillful, but no matter how good they are, they cannot win over the market. No trader can control the crypto market because of its volatility which makes it very unpredictable. Just think of it, if traders are more wise and brilliant than the market, then expect that all traders are bound to gain profits, and losses will be extinct. That way, the excitement and thrill in trading will start to fade.

You're absolutely right there. This is one reason I've maintained that self discipline and emotional control make an acquired trading skill a success. No trader succeeds who doesn't have a grip of their emotions. It's the same way successful demo traders fail abysmally when it gets to real life trading. Emotional control is vital in crypto trading.

But of course, you know that's impossible. The market is the master and has a mind of its own. It does whatever it wants. No one, I repeat, no one can be wiser than the market. Any attempt to do that is like mere mortals equating themselves with the immortality of God.

Crypto is indeed full of riddles that I myself still don't really understand. The market moves so fast when the price goes up and now let's come here. We will look for a joint solution of the mistakes that have existed, many traders experience the same mistakes over and over again because they have not found the right solution. All back again or depends on you.

Truly present moment isn't actually something I'd let another person to exchanging do, hell even long haul merchants would presumably say that they don't especially like something like day exchanging. Dissimilar to exchanging without knowing your against the pattern in light of the fact that to be straightforward its been my not unexpected mix-up and it resembles you're contending the market and obviously every one of the outcomes will be negative.

I sincerely envy people who know how to trade for their own money without leverage... The theme really works here - buy cheaper and sell more expensive.  But I constantly encounter people who buy more expensive and sell cheaper. Why and why ...? And it lasts a very long time until the funds are completely drained. ...Fear and greed rule this market. Only mentally inadequate people are engaged in trading alone. There are no geniuses in this market. The market eats everyone up sooner or later. It is good if relatives and friends with credit funds are not affected. Many people's children are paying for the simple moronism of the players.

You cannot reject the importance of a market maker for manipulating the price in the cryptocurrency market, since it is the big players who are the cause of the loss for the rest of the market participants. This problem can be partially solved only if the cryptocurrency market is regulated.

Indeed it is and more like a living education you're learning it more everyday. Crypto is still young and volatility isn't a new thing regarding it. There are tons of solution but getting to the right one will goes through thick and thins first, it's like taking some life lessons on the way. Your behavior depends in this market and those who are successful put much effort to be on top.

How could it be done? Regulating is something in talks which would mostly impact those common or known exchange platforms we do have and if that thing will happen then this isnt something
different from those traditional brokers like in forex or stocks which do imposes out those kind of laws and regulations and next thing to that would be heavily centralized
which we know on what comes next and will affect crypto community which is something not acceptable.

Come to think that even on traditional markets on where manipulative stance and behavior could really be still seen and thats why i dont see for this to be a viable solution
which do tends to be applied? I dont think so.

That is mainly because the market is not something made out of hardcore nonbudging material. It is not like gold or anything, it is mostly unregulated market. If 10 of the richest people in the world decided to sell a bit of their stocks (or if they got the cash for it then no need), they could end up talking with each other, decide to put 10 billion dollars each aside, which would be 100 billion dollars and go buy bitcoin all at the same time. Do you know how much that would change the market? That would honestly make the situation very different.

This is why it is not exactly like stock market neither, not that rich people will do that, at least not with that much amount but there is a chance for it. Unregulated crypto market that goes up and down like crazy based on some good or bad news could never be less volatile and reading charts, TA or whatever will only give us what it "should" be based on a regular market, but we are not regular, are we?

Some people always experience repeated mistakes when trading crypto and also haven't found a solution, it's because of their own fault, not because
crypto is bad. We can't be successful traders if we don't learn a lot, especially learn from every loss experienced. Remember everything needs to be
learned first to be understood. Likewise, when deciding on crypto trading, knowledge is needed to be successful. After all, crypto trading is not as easy
as one might think, it's not just buying at a low price and selling it at a high price. It takes effort from us to learn more about how the crypto world works,
so we can make the right decisions. So, from the start, don't ever expect to be instant success in the crypto world, it takes a long process to make us
as successful traders. As long as we don't give up and continue to learn from every mistake we make, surely we will find a solution for every mistake
we have made.

Ride and make a profit, that's all we have to do as volatility will remain, and hence we should view that as an opportunity. Whether it's bullish or bearish, we should be flexible as both market situation could offer an opportunity for us to earn depending on how we see it. As the market is very unpredictable, and it follows a trend or cycle, we should be aware that the bear market will eventually come after the bull market, and that's where we need to use our strategy.

I think it should be wise with the market in it's move, cause the market is always on the move on either sides which will and always shows signs to traders who has understood the market patterns and candlesticks. Trading for newbie is best when you first start with a practice demo account on forex trading, to understand and make use of the tools available there, cause there is always a difference between a demo account and a real funded account. Not having the little basics of trading will lead to disaster when you jump in as a newbie trader with funds. Trading and making investments are two forms of risk taking, investing in a good and promising project will definitely give outstanding returns, while in trading, risk management is being measured.

To salvage the issue of buying high and selling low is just to hold for investors and have much funds for in your trading account for traders so you can trade with a very low lot size so that no matter how much the market goes against your trading analysis it will come back to offer some profit before it continues in the opposite direction. Account size most times matters alot in trading. With a large account size you can limit the risk by using a very low and reasonable lot size to trade.

Probably your title doesn't correspond to the body of your post. Isn't trading basically trying to outsmart the market, that's after studying the market make decisions that you predict the market will make as a result be rewarded with profits whether it's a bearish or bullish direction the market take. Now why you saying we shouldn't be wiser than the market when actually we're trying to outsmart it. The market is usually deceiving with fake breakouts but been able to spot those help you in understanding the market and making right decisions. About not been greedy that is certain but don't say don't be smarter.

The market has a pattern, if it's a bearish pattern that's forming and you're foolishly taking a bullish decision when you're not a long term investor that's what you meant by not trying to be wiser than the market is that what you're advising on because that's how I understand the title of your post although the body doesn't support that. I might be misunderstanding it though.

More like don't be greedy, I don't see how being wiser than the market is going to be any bad for someone. Wisdom is literally a higher form of intelligence so I don't see how wrong would it be for someone to be wiser. I mean what could you possibly do in that situation though? Would you get less wiser?

I guess it boils down as to how traders or investors really learn from the market itself. If you are a newbie, then you can understand if they make mistakes. But if you have been long in the game, then definitely you have the experience and I would say you should be a wiser and smart investor. So that cycle will continue, the noobs have seen a full cycle (bear/bulls), and then stack up a lot of knowledge. And then we can new comers again in the market, so it's a process that everyone has to go through.

Avoiding greed will help us save our profit and feel enough with the profit we get. Wisdom will come to us from our lesson and how we can control ourselves in trading. The market will always change and we know that. Whether we are inside or outside the market, it will be like that. But if you want to follow the market, it will need more analysis and calculation so you will not make a wrong decision. If you can not profit this day, you can come back in the other days because that chance will come to you.

Technical drains in both directions, as if by mistake, happen on all centralized exchanges all the time. After that, you can't prove anything in court. Not regulated by laws.

Yeah that is part of my point. You have to be wiser than the market and that is the way you can defeat it for your profit taking. Knowing when the market will drop and staying out of it is being wiser as you won't lose out your capital and if you figure a winning position to trade and jump in for profit is being wiser and not being selfish. If you are selfish it means you are being greedy obviously not the way to trade.

For someone who is a day trader, you are always looking for the opportunity to trade in the market no matter the condition in the market, whether it is the bull times or the bear times, you just have to look for the opportunity.

Although the bull times is usually the best because there are so much opportunity and the market would usually go in your favour, unlike the bear times when it might be difficult because the market is mostly depreciating in value. But, Hodlers would mostly prefer to that they are investing at the lowest point in the market and holding for a long term for them to make good profit and that’s just it.

Nobody has ever mastered the art of trading. Crypto trading requires more experience. Trade on what you can afford to lose. To avoid loss of money in trading, stay away from greediness, take off your profit and reinvest. Applying wisdom in this bearish season is the best way to survive now the market looks bearish.
Crypto trading is not calculated based on your intelligence but rather your smart move to know when to withdraw and hodl

This is an excellent suggestion: take the small profit you have and plan for future purchase. But there is one thing that is quite important: sufficient knowledge of cryptocurrency in general, as well as solid knowledge of trading. Also, try to gain experience before investing large amounts of money, and avoid investing money that you cannot afford to lose.

The real fact. Greed never pays rather it leads to a devasting tragedy of had I know. A bird at hand wroth more than ten thousand in the bush they say. We must not get it all, small today, small tomorrow will help one achieve more.

That’s for sure but some would never learn. The greed is everyone but you have to learn to control it. There are lots of people who lack control over their feelings and behaviour towards the outcome of the market.

Some people just feel greed and even at the wrong time when they know that their strategy wouldn’t work in the market condition, they still tend to give themselves hope that it is going to work out for them, while the best option at the moment would be for them to quit. Due to this mentality, they have, they end up deceiving themselves and losing their money.

Learn from your mistakes, which will make you mature over time.

Trading is not an easy job if you will not improve your knowledge, remember that the market is volatile, hence it's very unpredictable. However, if you have developed your skills and earned a lot of experience, things would become easier for you as you will eventually become more profitable and be more consistent.

The journey is not easy but we should continue to reach our goal.

Your trading will be successful if you follow the market maker in your decisions. So you have to think and trade like a market maker. But since this is not possible in full, we make mistakes, which consist in trading against the local trend.

It's a quite good explanation.
Experience is very important to achieve your goal in trading and to be successful in it. If you gain experience and learn from it, every time that you are in trading you learn and avoid those possible mistakes. Yes, we know that trading is not an easy job, it requires skills and knowledge to become suitable in trading not a gambling. Because if you don't this knowledge and skills, it seems like you are in gambling not on trading.

Be wiser than the market and you will be fine, that is the secret of being successful as a trader.

Easy to say but it would really be hard to be done but not impossible.If you do have that kind of mindset then you would most likely able to sustain into this unpredictable market.
Dont be confident that you could handle it easily thats why you should really be mindful on how you do sustain yourself and able to survive.Once you do gain up experience then
you would really be able to have the idea on how to handle up these market movements which it might lead for you to be a profitable one.

Many things can influence traders before making a decision, market price movements are very fast and it is necessary to make a decision as soon as possible.
from what I've been through, greed is a very hard thing to control to cause harm.
so watching the market move more observantly and taking a little profit and then coming back tomorrow is a very good choice, but not everyone can do that because many people want more than what has been obtained, that's the greed in humans that is difficult to control.

We can be wise as much as we can because traders in general should be more wise and smart. But accept the fact that we can't be wiser than the market itself. Even if we are expert in reading and analyzing technical and fundamental analysis, still they cannot guarantee a perfect trade. There will still be inevitable losses at the end of the day. But we can be successful traders somehow if we can trade with discipline and mental fortitude.

In a range bounded market, frequently profit booking and then buying back will help but for example, in bitcoin market when bitcoin was hitting $50k levels for the very first time by May 2021, many people rushed to book profit but market continued its rally till $64k levels. People who were able to hold their nerves got opportunity to buy back around $30k levels but my friend who exited around $52k levels bought back again by $61k and trapped till now.

So, when we considering about long term holding against averaging buying and selling then holding got many obvious benefits just for the case of bitcoin market. Sometimes, with the help of strong technical analysis, you may book profit and then buy back cheaper. But, I feel holding is more than enough for me.

Sufficient knowledge about cryptocurrency is a good foundation, especially if you're just gonna go with stock trading. It doesn't matter about the amount you're going to put in stock trading, the bigger the better, and go for big top coins such as BTC, ETH, BNB, etc. But if you're gonna do futures trading, I will agree that you need to be careful on how much you're gonna put and risk especially if you're a beginner.

The market will always be unpredictable so we couldn't be wiser than it yet we can deal with it if we'll have enough knowledge about it. It's all about the perfect timing and not just going with the hype. Trading is a long process of learning but our experiences could teach us the best strategy. There's no such thing as perfect trading but we could get rid of losses if we'll know how the market moves.

I would guess that futures trading is something that people do not really do that easily, it is something that is done very rarely by newbies and very rarely even in that who makes a profit from it as well. I am guessing that most people would realize how rare it is for people to make that type of return, it is something that I am guessing 1% of the newbies ever profit.

It means that you have a better chance of making a profit as a newbie by spot trading then someone who has a little experience in futures trading. As long as you know how the crypto moves and works and what it is, then you have a chance to make a profit based on something like spot trading or even long term investing.

Dont act that you do know everything and be confident that you could handle everything because once the reality would slap into your face then you would really realize that this isnt something simple to

be done thats why acting like a wise person wouldnt do anything good to you but rather be putting you on more mistakes.Real experiences would be the key to make yourself learn

and make out of this unpredictable market and could able to handle it out somehow.

a strong desire to continue to learn and improve from past mistakes is one thing that can make a trader achieve success, if only experience can not necessarily reap success without being accompanied by better knowledge provision to be able to avoid past problems.
Behind the emotional control that must be carried out, the experience as mentioned above is very important for a trader, both his own experience and the experience of friends who have already started trading.

With experience, you'll be able to learn from your mistakes, and that includes learning how to control your emotion as that is very necessary. Having a good trading plan and strategy is vital, but without good discipline to control your emotion, that would all be useless as you will still fail in the end.

As a businessman with  aims and goals, your commitment and  contentment matters most .
You need to comply with the rules that govern marketing system ,  your self control and discipline is need for an outstanding business. Your ability to control your emotion determine the kind of  entrepreneur you are and this determine how great your business will be.
To crown it all as trader always have the interest of your buyers in your mind and not ur selfish interest to make massive income.
 

Mostly the market in crypto world is always bending the rules of stocks and shares. Honestly it’s very good for those who knows when to enter in the market and when to exit. These entry and exit strategies are the perfect way to earn most out of tradings.

I think the title should read as be wise when the market is on our sides.  :P
If it’s given chance then just enter and buy those coins which you always wished buying. Still many of them are argue why market is bearish. It’s actually chance to get on board tbh.

Dont try it to compare with forex or stock market because it is totally different if you do ask me and it isnt something that do follows precisely in  terms of technicals

thats why you shouldnt really be that confident that everything could work just like you do see on other things and its true that dont tend to get wise because

everything is totally different but doesnt mean that you couldnt really do such thing to sustain yourself.

No matter how huge the previous experience was, it's enough to get drunk with alcohol for joy. Lose the time frame and all the funds at the same time...  :)

Anyone can still get to that level where they are able to predict where the market is heading to so that they will be able to get in and exit the market mostly at the right time. All it takes is good practice and learning from the right source and experience. It is something that’s definitely going to take time, just like any other thing ,but when you have dedicated your time and  you’re doing things right, then it’s definitely going to work out.

There are a lot of people who are trading and doing it full-time, so the question is how are they really making it? If they can do it and be successful, then anyone can as well do it.

You’re right but that’s a hard case for a lot of people. When they lose they still feel like they should give it a try cause maybe they might be lucky and hit the jackpot, but that is hardly the truth, and is just their mind playing them, and they would just end up losing even more money at that.

People should know when they are meant to be trading, you might be at the right mind to trade or maybe that’s not just the right time, so you have to be aware of the little things that would affect your trade and avoid them. And when you’re trading and things seems like it is not working out, it is usually best for you to quickly avoid the market at that point. It’s not like that’s the last you would he allowed, you still have tomorrow and other days to trade. So patience is highly required.

Totally agree, you can not outsmart the market by choosing to pick a direction the trend is not showing... If you dont read these signs then you are likely to lose money as a result of trading ego . By the way there is a saying, that the trend is your frien and if trend trending is your style lets read between these lines.

Basically needing off on how to handle up yourself on this unpredictable market is to search up everything and would analyze on most possible movement that the market could possibly take and wont really

be making yourself some sort of a blind man or simply without doing anything since you do presume out that you do know on where it would be going or acting that you've known everything.

Don't really be that kind of person/trader who does have that kind of confidence because you would really be fucked up if you  do have that kind of behavior in the first place.

And they got to that point because of many struggles that they've been with. They may not outsmarted the market but they know how to take that moment of theirs and take advantage of it. There's the goal that they have set and it's making them smart due to those factors on knowing when to exit a trade.

That's the main reason why all of us are trading. If you have no clear goal when to buy and to sell, you're just wasting playing around.

It is very difficult to be wiser than the market because the crypto market is almost unpredictable. It needs the experience to be wiser. Those who have the experience they know when to enter in the market and when to exit from the market.

No one really knows totally about the market even the experienced ones or veterans does still commit out mistakes due to unpredictability of the market on which this would really be a never ending kind

of learning for a particular trader or investor which it isnt surprising that you would really be still committing losses due to bad decisions or choices.Dont be confident that you could handle it well
because once you do expect or anticipate that much and things turns out to be sour then you would definitely be frustrated.

Rightly said I am agree with this traders look to change direction of market but we should wait for market to change position. In market wiser people always get losses. Market means a property and if this goes well in future then your money will also become big for you. Market has always been a risky place to play with but we are very greedy to make money very fast that where we loose so my point is don't be wiser then market go ahead with market situation and don't be wise before market get wise for you.

Following the trend is not as easy as it appears, charts are historical records and it is often deceptive in the sense that it is easier to analyse a chart than to actually predict a trend for the next one hour or 4 hours.
If it were that easy to do, everyone will be happy to get something but in reality most traders make losses and holding good coin for a long term had proven to be more profitable.

Even if you do have the best reference when it comes to charting history or trying to look into those past behaviors but  doesnt mean that it would really be giving out assurance that you would really
do well on next trades that you would do. Dont be overconfident that you could handle out everything because market is always been unpredictable and there's no way that you could really be
that somewhat sure in regarding with your trading decisions.

Experimentation are typical, presumably rehash a similar procedure and look how dependable it is, in the event that the methodology generally turn out badly/not the same as your investigation. Leaving the market sufficiently early, entering with flawless timing, perusing the diagram and examining quite well , remembering doing the right things for the market to create gain is being more shrewd. Dealers should be exceptionally cautious they ought not be more astute on the grounds that it is clear the way in which they can exchange and lose fundamentally.

Yes, take the one you can and move on with your crypto trading because crypto market is unpredictable. Many traders don't want to learn from other traders mistakes by trying to achieve everything from the crypto market at once, that made them to lose their opportunity because the market price was okay for traders to make a little profit at the moment but some were still waiting for the price to go higher before they can sell to make a huge amount of money from their trade that made them to lost everything at the end of the market.

I know many traders will not miss this opportunity to earn well from the crypto market because the price of some coins are coming up for traders to start recovery their Profit from their long term investment.

They may miscalculate and see that trading will be as easy as they think,
but on the other hand trading is really very complex and complicated especially for newbie traders,
Besides that, analyzing is also not something easy, it takes experience too

You are right, sometimes doing even the best analysis can invalidate everything, because there is only one fundamental in the world and everything can go down, for this reason it is that in technical analysis it has a high probability of failing, in this case the combination is always good of fundamental analysis together with technical analysis, but a fundamental analysis based on the medium term, because doing a long-term analysis could cause things that are not within our imagination, war is one of those things, if fundamentals of this style occur All an analysis work can go to waste, sometimes it is better to make a mid-term sketch and thus have a little more understanding of the market, which is also very difficult to achieve.

The fact is there's always a tough and hard journey leading to our goal.

Trading as they say is very hard if you always trade without learning and experience. But if you decide to go out from your comfort zone, and explore all the possibilities that will lead to a lot of opportunities, then trading will become easier for us. But definitely, we may come up winning our trades but we won't be wiser than the market and that's for sure.

Yes, because it has to do with money. Money becomes a sensitive thing, because money needs basic necessities. They will think repeatedly to convince themselves of money related to trading. The first time I entered trading I felt that way too. But I convinced myself and continue to learn to this day. In addition, sometimes many people are tired and just try. After failing, he stopped and did nothing more. I think it's the fault of many new members in trading. Keep trying and learning from mistakes to stay afloat and succeed.

To be successful in trading, of course, it takes time and a definite process.
so the more we try and experience failure it will be good for us to find out where the error is and evaluate it,
Trading is full of challenges so mentally preparing is also important

As a trader then you should really be that prepared with those losses because these things would really be molding you up on a better trader on which as many mistakes you had made then the more

learnings you could get but of course you should really get rid of those mistakes and lessening them as much as you can even though this is something inevitable or couldnt be avoided but
with due enough experience and enhanced skills then you could able to handle out yourself into this unpredictable market.Just dont make yourself rush up on doing things.

I liken trading to gambling they are both highly risky and if you must make profits in them you need to practice some level of patience and never let greed take over your sense of judgment, I don't see anything wrong in expecting/predicting the direction the market will go but while doing that one need to understand the volatility of the market that is, the market can swing in whichever direction at any time. But if a trader can manage their risk factors properly and learning not to be too greedy that will help earn some profits and minimize losses.

Self-motivation to be better is a key to success and an important one. If you really look closely to crypto world, you could see that there are so many ways to be better and earn so much money. However most of them requires people to be hard working, spend hours on it every single day without missing a beat, and not even make a profit for months and months.

If you could make that happen, then you would be capable of making a profit as well. However we all know that it is not going to be that simple and majority of the world can't work for months without making an income. If you have self-motivation then you would be capable of doing it and be better than most.

Passion and motivation on what you are dealing with because you wouldnt really be that serious on dealing with something if you arent really that serious on what you are doing.
Market is totally unpredictable and there's no such guy that do able to handle out everything on what this market could offer on because price do move on unpredictable manner.
If you do go for full time then you should know on how to survive, making yourself looks wise or good into others eyes then it would be useless, no one could able to help
you once you do caught yourself into losses.

No one gets to be wiser than the market. Even if we know we are already good enough, mastery and skills are already there, but the fact that we still commit losses sometimes, proved us that the market is still wiser than us. This is the reason why we don't need to compete with the market instead. As long as we are able to create consistent profits in the market, for me that's good enough. The market will always be unpredictable so its better if we'll embrace it instead.

If we talk about risk, it is true that both trading and gambling have the same risk but regarding whether they are the same, of course it is clearly different,
in trading at least we can do analysis and that is useful but it is different in gambling because it only relies on speculative,
it is very important indeed to manage risk because the crypto market is volatile and difficult to predict at least it can minimize the risk as you say

The desire for more profit is human. Greed does bring bad luck to us in trading, I agree with your policy to take a little profit then go trade on other market conditions. this minimizes the risk of retaliation for the downtrend. I prefer short-term trading than having to take a big risk of going upside down.

I do this and proved very bad for me. I buy Gmt at 0.29 and sold at 0.38 and made profit of 150$ . after that I changed my coin and Buy Pols coin but it down and not returned to my buying price and i lost 150$ there but Thanks God again i buy Gmt and made handsome profit.
I have bought Dot for long term and now use only day trading

One other thing that people really have to know is that capital is required. If you don’t have enough capital then it is not advisable for you to do trading. It is best that you look for something else and not to be a day trader, because you are going to require capital.

Trading is something that is capital intensive and most people do not know this because they feel that it is easy and doesn’t require much, and with just any amount of money they will be able to get in and become rich at any time. But, it doesn't work like that, you need enough capital and you also need sound knowledge about trading for you to be successful.

If you see trading similar to gambling then there is a bit of a problem that you should solve before you could actually make profit. I mean trading is something that you do against other people, and gambling is usually what you do against the house, and it has house edge and you are guaranteed to lose there.

It means if you see them similar, you will always lose during trading as well, and since you won't, and there will be good days, you should not see them as similar. A good trader would be able to sniff out the market and know what to do and even though it won't be all the time, at the very least they could profit in the long term most of the time.

I would not say that trading and gambling even have the same level of risk. In one of them you are guaranteed to lose your money in the long term (even if you win in the short term) whereas in trading it usually keeps getting better and better because we are talking about making money by learning how to do it better.

Obviously it isn't really different in the sense that when you invest, there is a chance to make money or lose money and when you gamble there is a chance to win money or lose money. But that is where the similarities end for me, anything else that goes on is terribly different and the outcome of doing them would be different as well.

Thanks for that extra clarification on my classification of trading under gambling because of the risk associated with both, I know gambling is riskier than trading since in gambling the house will always have an advantage over players but in trading, the market is between two individuals but not in all cases anyway. I understand your point clearly.

One of the best advice so far. Some people are fond of chasing losses. They hardly know when it is right for them to take a break and call it a day, rather they will just keep on pushing even when they are losing money in the market.At the end of the day, they stand to gain nothing and lose almost all their trading capital.

Traders should learn how to not be greedy in the market and also be focused. Know when things are not going the right way.

There are some times that you would feel some kind of negative energy and your trading for the day wouldn’t just be quiet as good as you expect. It is not good to just keep chasing losses. It is best that you just take a break and go for it another day when your mind is positive.

Trading is a place for us to analyze and evaluate the supply and demand of the market and then decide to buy or sell to make a profit. It requires a lot of knowledge, skills to read charts and analyze trends, the accumulated experience of each trader.

As for gambling, we just play with the hope that luck will come to us. We don't have any viable basis for analysis in gambling, everything in gambling is just luck and bad luck.

Well that is how we deal with our luck when we are so lucky that we have bought a coin that has a chance to multiply our investment.
Traders should understand of making a profit and extend our patience while waiting a right time, dont be greedy upon making a profit and if you see you have made 10-20% profit, that is good enough and I think, if you wish to have a 100%, it is most likely will not happen. Dont be wiser and dont be greedy, that should be the partner when you are in trading.