If I set a 3% loss on my initial investment as a stop loss and a 10% profit as a stop for selling, will that make me trade too often ?
3% stop loss is too low and a sudden drop of price may trigger the system to place Sell order. 10% profit is too high as this current market condition. If your aim is to trade more often, I suggest that you lower down your goal to place a Sell order for profit. In my case, once I reached a 3% profit, I sell right away and move to another trade. I think 3% profit is not worth it of trade. In my opinion, 5% is better for a day trader. It's a decent aim to make profit and not difficult to get at the same time as the current volitality of crypto market is huge. I have seen s o many people who earn big profit even in day trading but some of them are now against day trading right after experiencing it, I know market is so volatile that’s why if we want to make more than 3 percent of profit we will have to be wise and trader at right time, don’t rush to trade once you buy at lowest price then you will gain whole 100 percent of your profit. |
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Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin. In bull market, day trading is very profitable. The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading. Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH. I think we should not think too early in the long term because the market has not had a reasonable recovery, all the recovery in the present time seems too sudden, this may be a trap for us, short-term trading and trading day will probably be more suitable for the situation right now. Each choice will bring different returns, and always comes with profit, which will be risks, so we need to know our abilities and skills are good for short-term trading or trading day, wrong choices can make us stuck Exactly to get profit we will have to buy at dip and sell at high or trade at peak but until you get your profit zone, to me being new trader only long term trading suits me, it gives me more chances of earning and reduces the risk of lose for me, day trading is also great but it does not suit me as price is already not so high. |
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Trading platform will be settled in trading fees so its already minimise for trading and for those traders must choose a good exchange and begin to start for their trade.
Right we are earning so big from trading so we should have guts to pay the fees on time, there is nothing so bad in paying our fees because it improves our transaction time and it gives us safe transaction, there are many other sites but we will have to wait for more than one day to receiver our transaction it allows only two coins a time, so better pay your fees on time. |
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A good solution, there are a lot of coins that are unknown and for them you can get a good profit. The main thing in this case is the constant monitoring of the cryptocurrency market.
Market is full of coins, there are so many now, but we are here to talk about the low price coins and tokens as they about to become big profit gainers, coins like bitcoin and ETH are best because they have more chances to grow as we know they are the most promising and popular altcoins,. In my portfolio I have some bitcoin and ETH. |
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I think that ICO is a very cool and convenient service. But since everyone is already upset about the scammers that there is no longer any desire to invest in projects.
Scammers are all around us but we will have to manage our time to be careful about it, as scamming happened most of the time with new investors so if they will be careful I am sure there will be no scamming, don’t listen to anyone just keep faith on your altcoins to get profit, it depends on the users either he earns or lose, research and knowledge helps us to get out of scamming issues. |
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I don't think that there are so many poor peoples around here but there are so many rich peoples but they really wanted to get rich and hoard of wealth.
Money can never be enough as when a person earns he even then want to earn more, actually people knows investing in crypto currency is always a green chance forever to gain profit and increase your money, so in my own country now people are being rich and their life style is now beige good because of investing, so poverty is being reduced gradually. |
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Yes, I know that Shit Coins Will Always Disappoint. Shit coins are very annoying. It is very difficult to understand when the prices of shit coins will increase. But most of the time the price of Shit coins decreases. But yes many people have made a lot of profits by investing in these shit coins. I always avoid shit coins. Because once I invested in Shit coins, I lost a lot of money. So from now on, I am 100 hands away from Shit coins. Because it is very difficult to earn profit through them. It is very very difficult to know Shit coins price will increase or decrease. So it is better not to invest in these.
Thank you
Its perhaps because too many coin and token in market or peoples just want to speculate with their money. Better choose altcoin with big daily transaction because shitcoin mostly have little daily transaction volume and dont have real project Yes as I have bought some shit coins before but I managed my investment and made sure to get profit, as there are many exchanges so I went to sell when it will was at profit zone, it depends on the listing of the shitcoins as it makes profit when it lifts but after that if you lose the chance it will fall more than it rises, you only need to learn sell on time don’t kept on holing. |
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in 2019 the bull also hasn't arrived yet. although there was a sharp decline throughout 2018, but in 2019 there will be no further decline. although the crypto market increase has not been guaranteed.
Right now it is time only for bull, as price has been down in 2018 and people took good advantage of it as it was low price so those who are well aware of the price volatility bought so many coins at low price as they knows in 2019 price will be high and it will be good time once again, so for me 2018 it was only an opportunity to buy at low price. today may be a signal for bitcoin back mighty, and of course this trend will be followed by other coins, hopefully this is the beginning to return to the era of the glory of bitcoin in 2017 No doubt 2017 has been best year in history of crypto currency, when the price was higher and higher that many people has become milliner in 2017 for selling at more than 25k dollar, so 2018 I took as a chance to buy my coin at low price that now I am holding and very soon I will be able to sell it for high price and huge earning. |
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when you pass through and go to the minus you lose money while your money is in tokens and you keep them, you haven't lost anything,
I personally had cases when I sold and went to the minus, but only in order to purchase other tokens, at a good price.
It is surely not good to sell at panic and you had lose only because you were not having enough knowledge and traders are already guide well before getting in that never panic and panic is other name of lose, don’t bother your determination if the price in market is not that high to trade, I am patient enough and I am purchasing more coins at this dip. |
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Trading is still the same as what you saw right now and the past also nothing happening until now the price of all altcoins get back to normal and start to pump up again next time.
So if the market is same as it has been then I think long term trading suits everyone who are not sure by themselves that to do, as all around the market coins has been dumped since long only good and high potential coins will rise earlier than others, so it is good to trade with bitcoin and try to trade for long term only it is safe and it gives more profit than day trading, day trading needs lots of knowledge and experience. |
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I agree that now the number of useless coins has increased. But we cannot do anything with these unless we create this trash, who still continues to do this. But there are good winning coins.
Agree there are some alts that has no value but we cannot say all of them are the same, actually value of project and the value of the project matters, as we know some powerful altcoins such as bitcoin, ETH and ripple that has high value in market so new altcoins have to face difficulty in competing them and developing among investors as everyone supports only bitcoin and ETH the most. |
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It does not mean that this coin is going to multiple its price, because everything depends on their development level and the quality of their management decisions. I would rather invest in BTC than in an altcoin that costs 0,0000001 USD without any perspective.
It takes time and you are right it is wrong to expect very high profit at single try, as much as I know investors will have to wait after investing once, because it takes time for market to recover, BTC is the best altcoins, I have ever seen and I don’t consider it as lose if I have to wait for it, I know it is promising one so waiting does not matter for me. |
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As far as i know its already been updated long time ago so its better to know those things early to learn how it works and follow the new methods of access. But for me it doesn't change at all.
It is not the old one, mate you have good experience with it but you have heard right now we should know that mew site had made imperilments, as it has become more reliable and safe than before, as I personally when tried it after long time, I become so surprised to see as it was having new well developed features but I must say this one is better than old one. |
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I will suggest you do proper findings on the procedures to finding a good advertising platform .
That way, you would be educated on how best to go about it for effective advertising .
To become successful advertiser we need proper system and we will have to go as long as it wanted to be, so I think this is best place to make advertisement which is needed, this bounty program can maximize the profit making strategies and it helps us to make money without online job, here at the same time we can take part in promotion of bitcoin market places. To take part in bitcoin marketing there are so many places where we can take advantage of sharing our views like in this forum we are earning at the same time we are getting knowledge and we are intentionally or unintentionally we are advertising there, I have selected to take part in bitcoin bounty marketing, it looks beneficial to me. |
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The main problem is that people buy crypto but they don't know what to do with it.
You have mentioned good point , as in short we can say lack of knowledge is the problem that our current market is going through, so that’s why it is very important to know after investing your money into crypto currency what you will have to do with it, according to my knowledge if we will buy at low price then hold until bull runs market will come to the track very soon. That’s why we are in need to be a part of the journey so that those people who are not having knowledge can take help from our ideas and our posts, the problems is people have become so impatient and they want to make huge amount of profit, so in this kind of situation we should wait for our time to sell until then have patience and wait then there will be no problem. Real traders and real investors will have to know if they really are interested in making profit they will have to e patient and wait for the right time so they can sell and buy some coin at good price, as buy when the price is low, the problem is lack of knowledge and your suggestion does work in this regard we should spread positive and right information in market so that new investors will not cause problem for market because of wrong decision. |
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Cryptocurrency wallets is an important aspect as far as crypto sphere is concern,having someone to address that aspect will surely be a relief to so many people in the forum especially the newbie. Great job.
There are so many wallets which are being use to store our bitcoin and our investment for long term, but we will have to choose the best which is blockchain. It is reliable to use and it is able to buy goods whenever we need, it is easily accessible and it has promising features about safety and security. It saves our money and it has safe private key the specialty of blockchain is that we can use it for money transaction. |
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I get a red signal when the price at PRE-ICO is quite very low, couple with high bonus allocated to investors compare to the price at ICO, also the team involve in the project must be traseable with verifiable good past track record
For sure team work is very important and they must have well determination about future of crypto as our entire investment is on their shoulders, so if the market of any ICO project gets red zone, we should invest as it needs small amount of money to be there but whenever you leave you will be able to make huge profit, the only rule is buy red and sell high. |
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Most of us here likely aren't rich anyway and hope that we'd get a good profit by investing in bitcoin. From what I've read in past threads, it seems the early adopters here achieved that.
It's those stories that convince newbies to try and hold some of the μBTC they managed to buy.
all again to the investors themselves the conviction and patience are the main capital in investing in how we know all the risks that will be obtained Then to obtain benefit out of this risk we will have to face it bravely and it is only possible when we buy and hold with patience, those who are trust believers and who knows which is right time for buying and selling, even if the price falls they never get afraid but they use to invest as they consider it as an opportunity because they truly believe on abilities of their investment. |
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It all depends on how many coins you have and what coins you hold and will be profitable or not, if all of them support why not and it is more suitable for the daily trading system that you must always monitor.
and in my opinion what you do is good and at least you sell it when it rises even though it's a little.
Yes it is all about the user that has experience with one coin he can trade it well but choosing more than risky. As you will not be able to concentrate at one side, Buy the coin when it is at low price but make sure your investment is long lasting and profit making if you are earning 3 percent lose for the sake of 10 percent profit then it is good investment. |
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Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest
I have a friend who trades bitcoin pair usdt, and I know that he is a success trader because he can always make a profit and he can make trading as a job which ordinary people will be difficult to do. Although he says that he does not always making a profit, at the end of the month, he always makes a withdraw at least $500-$700. That is why I called him a successful trader because he always achieves his goals every month. You should suggest him to have patience and sell only with high profit, it is very normal if the price changes but waiting gives better result, that much profit is good but I think your friend can earn more than this he only will have to wait until he grab the opportunity and take advantage, choose the only promising coin and then make plan to trade with profit for long term. |
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