Day trade is good now, or is just when market is more unstable ?
In my own opinion, day trade is profitable because there are a lot of people today who are selling their coins which makes the price to decrease so investing right now is a good time to earn more profit in the future. |
|
|
|
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
The best time to take profit in trading is when the market prices are dumping because investing at this time will make you earn more profit because the prices are keep on decreasing. |
|
|
|
Where you take inspiration when you tired from trading?
i hard to say when you sometimes tired from trading or have stress from ico or lose part of deposit. What you do to relax refresh youself and get inspiration for new trade. How much time you need to refresh youself for new hight.
The inspiration is very simple, everyone wants to become very wealthy in the future and that is the reason why they are investing a huge amount today and also because of the popularity of bitcoins. |
|
|
|
Which do you prefer?  Hello Everyone, want to ask few questions here. Short term or Long term investment? Which is more profitable to you? What coins do think that is good for long term now? Feel free to comment your ideas and opinions. In my own opinion, short term investment and long term investment are not comparable because you can always trade in the market in order to earn profit depending on when you are interested. |
|
|
|
To get rid of emotions when you are in trading, be ready for yourself whatever loss will happen, target the price you want to get in through, more learnings on the project you want to trading in.
We can't totally control such emotions cause we are humans unlike robots. The only thing we could do with that is to try and learn to be strong in times of crisis happen. And it is better to enjoy our self doing other stuffs and forget crypto for awhile to lessen stress coming from looking market trend continuously dropping. We can control our emotions we are the one who can do it, don't limit your mind in your beliefs because you can do more. Emotions are always there in our mind what is need is practice who it can be controlled in much better handling for example our patient and temper. In trading emotions are the enemy of our skills. I think we’ve all experienced panicking and and closing our trades into unfavorable markets. I get used to it as i trade almost everyday eventually i lost my emotions. I guess that's one thing how to get rid of our emotions. Well mostly new traders are emotional but you will get used to it as you trade actively. In my own opinion, there is no way for a person to get rid of his emotions because if you are holding a huge amount of crypto and you saw the market price that is dumping then you feel bad and you might end up selling all your coins. |
|
|
|
Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
You can start investing any time you are interested or if you have a decent capital and from there you can start trading in the market to multiply your coins. |
|
|
|
A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
Bitcoins will probably reach $50k dollars by the end of the year because most of the investors today in the market are just waiting for the price of bitcoins to drop into a very low amount and they will hoard a huge amount of coins. |
|
|
|
So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!
So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.
You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.
The best way to learn about Crypto trading is to play around with the market with a small amount of money.
Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.
Contributions from other Crypto Trader is higher welcome but please avoid spamming.
learning crypto trading is very easy, you can always study the statistics of the coin you are interested before investing a huge amount in order to determine if you will earn profit or not. |
|
|
|
Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
The bottom is undeterminable because the market price is volatile so we should hold our coins today because the value in the market is currently dumping and wait for the price to grow up again before selling. |
|
|
|
when you do trading, do you always think about this, "buy some, sell some, hold some."
Well the strategy in the market is very simple and that is buy and sell, most of the people who are earning a huge amount of profit is because they knew when to invest and sell their coins at the right time. |
|
|
|
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
Obviously, day trading is more profitable because you can always earn profit daily or monthly depending on how long you trade while holding for a long time is not assured if you will earn profit because the market is volatile. |
|
|
|
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.
I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.
What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
Transferring your entire saving to cryptocurrency is very risky because the market is volatile and you will never know when you are getting profit so just invest a small amount and save something for your self. |
|
|
|
Hello Friends...
This is Newbie Here. I Just want to invest in Digital Currency. Anyone suggest me which is the best platform for long-term investment? How can I Invest Online?
In my own opinion, that will be bitcoins but it was too expensive to hoard a huge amount so most of the people still prefer to invest one ethereum because it was cheaper and yet profitable. |
|
|
|
How much of an increase is considered as a "bull market"
Bull market means fluctuating of huge prices but as of today, the market is so volatile because people are still not sure if they will focus on trading or selling their coins since there are new laws on different countries about cryptocurrency which is changing the mind set of every trader. |
|
|
|
Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
It was very easy to start trading, you can always look or find a market with very good security and start investing or work on bounty campaigns and earn free cryptocurrrency that you can use for trading. |
|
|
|
I invest in cryptocurrency and trade cryptocurrency because I believe I won't lose in the long term. I can only gain because of what the new technology has to offer. I was too young to know about investing in domains, but now that blockchain is here and is here to stay, I'm confident in my cryptocurrency investments.
Yeah with trading though, the fact that you are taking advantage of the volatility which is actually the main reason I believe that the volatility of the cryptocurrency space itself is a huge blessing for those who have trading knowledge. Cryptocurrency is here to stay and it is going to be here for long, and being a part of this space at this early phase is a privilege that one in their sane mind would not want to be a part of. More like getting to be a part of something big in the future and then not wanting to embrace it, who does that ? Everyone has the same motivation, because those who invest on cryptocurrency are all hoping for the price of bitcoins to grow in the future and that's when they are going to be rich, just like what happened to early investors in the market. |
|
|
|
How is trader life in the future?A trader is the country's wealth?
Trader in cryptocurrency is just the same as trader in the stock market, there will be always ups and down but as long as you know how to handle your patience then you can always earn profit in difficult times. |
|
|
|
I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop
Bitcoin is going down but still you have the chance to invest since the market prices today is cheaper and investing at the moment is a very good thing to do in order to earn more profit in the future. |
|
|
|
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
In my own opinion, day trading is a skill that can be obtained by studying several scenarios in the market, so it only means that everyone can be successful if they are not lazy to study. |
|
|
|
Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.
Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.
There is no perfect trading because you will still lose profit sometimes when the market price is dropping, just try to hold longer every time the market price is dropping to avoid losing your coins. |
|
|
|
|
Show Posts
