How can you stick with the same strategy while the results of your strategy cost you money. You have to change your old strategy, you already have skills in trading. But you are still not smart, that the market will not always be the same. If all traders were always profitable in the market, people would have no financial limitations. They will move from real work to trading. Now do something different, re-study the market conditions and then come up with a strategy that you think is more suitable and has a high chance of profit.
|
|
|
Yes, I agree with sharing knowledge. Crypto is indeed difficult to understand when we are self-taught, when we already know a lot about crypto trading and investing and volunteering to teach others is a kindness that we give to others. Doing good not only frees up other people's finances, but teaching them for the purpose of being able to make money is a kindness that cannot be measured in money. I am proud of people who voluntarily impart knowledge to others.
|
|
|
Yes, bitcoin underwent major changes during the pandemic. bitcoin hit the highest price ever. The pandemic is not a reason for bitcoin to collapse, behind the problems the world is facing with the virus and its impact on society, many businesses are closing, it should also have an impact on crypto. It turns out that the market is increasing, the number of trading volumes is getting higher. I will wait for bitcoin to hit ATH again.
|
|
|
Yes, the purpose of learning crypto trading is to be able to have trading skills. It is certain that the purpose of possessing skills is to gain an advantage. Skills are very broad, such as skilled strategy, skilled time, skilled management. All about trading being the key to having skills. Everyone has that ability, by continuing to increase knowledge and keep practicing.
|
|
|
So far the few projects I've invested in are all clear and I've made a profit. I only have a few scam projects, and it doesn't matter because I don't invest in them, I just follow the bounty program. Before investing the most important thing is to see the team that drives the project, we must make sure that they are trusted people. Next, look at the managers who manage the bounty program, usually if the managers are experienced they will not accept arbitrary projects to be managed in the bounty program.
|
|
|
Investment has a timeframe, for example, you invest long-term with a profit target that you have set yourself. If you don't set a profit target, you must have the readiness to hold if the market potential to rise is greater. Of course, the return on investment is greater if you do that. Talking about trading you only take profits if the market has gone up, you wouldn't even think about holding back. because in my opinion trading is chasing daily profit.
|
|
|
in advance I congratulate you on your first trade. yes, the most important thing in trading is to have extensive knowledge, the ability to analyze this market is born from our knowledge. Token volatility is the most important thing for us to know, because the token's opportunity to grow has a good movement. keep practicing your trading strategy and don't rush into decisions.
|
|
|
what a real bear market is, I'm still hard to prove that it's true. stuck in a bear market are you so sure of the source you are getting. I just think that it's time for bitcoin to have a correction, once it is pumped there will be investors who will take profits. it is impossible for all of us to benefit, there must be a time when we have to lose and there is a time to make a profit.
|
|
|
You think that even if you had bitcoin 10 years ago, you wouldn't be able to keep it today. You think so because you have seen the future of bitcoin. investing in the past is so beautiful for us to see now, some people who underestimated crypto's past are now dumbfounded. how not, the value of their investment to be 100x more than their basic investment.
|
|
|
how far can we trust others in managing crypto funds. for example, BTC keys are advised to be kept secret, so that some say what if I die and what my BTC future will look like. This is a small example, it is very difficult for everyone to leave their money to be managed by someone else, unless there is a law. whereas Crypto stands alone, in case of mismanagement of money, we cannot sue them.
|
|
|
why should there be a loss, because there is an advantage. so what you say is very precise, that market conditions will be different from before. The strategies used by traders should be updated according to market demand. in crypto trading things that are never thought of always happen, we must be able to analyze things that are beyond our big expectations. so we must be able to combine the new strategy with market conditions.
|
|
|
Private keys or bitcoin passwords are recommended to be kept secret, but in maintaining confidentiality, don't let all the closest people like your wife not tell you. Death can come at any time, and you cannot predict the future of the bitcoins in your wallet, if only you know the details yourself. try to entrust the things you keep secret to people you can trust for whatever you keep.
|
|
|
You should get to know more about the basics of crypto trading. there is a lot of content on youtube as well as social media explaining crypto trading. most importantly you must have the will to learn from the basic stage to the next stage. the rest you do a good analysis to start trading, don't be in a hurry for fear you can't control your emotions when a loss occurs.
|
|
|
Money is basically controlled by the government, every time that passes always creates currency. Inflation always occurs, although not too severe. However, from year to year, we will feel that with the same nominal value, the next 10 years the value will decrease for us to spend. I still believe in crypto because it is still running independently. And this has always been the potential to replace fiat, and if this happens then it is directly controlled by the government.
|
|
|
You have provided a clear picture of the new project to invest in. Lots of new projects are popping up, not a few of which are scams. So it is very important to pay attention to the background of the project. Some other issue may be timeliness, be it active trading or distribution of project tokens. this also often happens even if the project is not problematic.
|
|
|
Yes, each has its own stages. It is impossible for us to be at the top when we are new to crypto. In addition, trading knowledge and skills are needed in trading. All have a long process and a high will. To be a successful person must be able to go through the bitterness of learning and struggling at the beginning. Commitment is the most basic thing to be able to know everything about trading.
|
|
|
Most newbies lose huge amount of money because, after learning the basics of trading they feel they know it all, they think they can manipulate through the market. But they end up losing big.
No matter what you are thought, you must know this that to be a successful trader, it takes practice and consistency.
As a beginner, there is a high risk in trading. But how do beginners overcome these problems properly. So they need to understand the state of the market well, based on the knowledge they already have about crypto trading. Most importantly, don't rush if haven't mastered the market, especially if you're new to crypto trading.
|
|
|
how do you say that long term investment is full of risk. it all depends on the altcoin you invest in, for example you invest in etherum, BNB and other potential altcoins in my opinion the risk is smaller. basically all depends on the analysis. all have risks, but you should be able to minimize your fears for long-term investments.
|
|
|
yes, what you say is very true. however, beginners have basically no experience because they are just starting out in trading. so beginners must have instructors who are able to provide good education. The key for beginners is to be able to control their emotions, especially when a loss occurs they take steps to make a revenge trade. this is very problematic with their trade management.
|
|
|
both are equally good, this depends on your time readiness to always monitor market conditions. You get more free time if you make long term investments and you can also get other work done. If you are a day trader, you spend your time constantly monitoring market conditions, this is back with you. if nothing else you are better suited for day trading.
|
|
|
|