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Base on my experience it hard to trade with small capital most of the time you will trade with the coin with small value which the amount afford of your capital that is why the result is lost of your capital. My suggestion is do trading if you have good amount of capital.
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i think i am very thankful not disapointed with any thing in trading as from the beginning i love to start business and this forum provide me an best opportunity to start trading activities in currencies as in the start i was not that much experienced while doing trading but gradually the idea of trading comes in my mind and due to that now i am very happy because of that trading.
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Job and trading is a good jobs for multitasking persons because they will earn immediately. After collecting all your coins while working in airdrops, faucethub, or any faucet sites, you can trade it anytime after you finished your worked, and after you earned your money you can buy again coins then wait the best time again for the trading.
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Its depended which coins is increasing their price.For me its bitcoins while other good coins like XMR and ETH taking sometimes to increase in value while the bitcoin is increased day by day without dropping in price. I think we should buy bitcoin but the only thing is that it is too much expensive and most people can buy only a fraction of it
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The risk of holding bitcoin is not holding it. I am sure you must have seen bitcoin prediction in terms if price and you must have thought to yourself how ridiculous they those predictions are. The truth us those predictions are the potential of bitcoin.
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jobs and trading are the best decision but in case when you have relax jobs and you have a time that you can properly give to both your job and trading also because normally jobs need more time and mostly jobs need hard work and also you need to give proper time to your family and children so if you can manage all these things then it will best decision for you otherwise not good.
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The best thing to do while the prices are falling is to buy some of the alts while its cheap, then keep them until the prices go up and when the price goes up and there is real FOMO in the market that's the time to make real profit from those alts which you have been holding.
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I never felt disappointed in trading. When an action has been decided, whatever the outcome we must accept. Losses or profits are consequences of a trader. A mature analysis by continuing to learn from one's own experience or others, will help us in making decisions we will take.
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The biggest risk is definately losing all your money but beside this there are other risks too.
You might miss out other oppurtunitys in getting a good amount of money from some other coins. Bitcoin is allready trading at a high value but you can never know where it might go in the future. My advice would be to buy at least one bitcoin and hold on to it for a long time.
Regards
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Trading is quite unpredictable and difficult to calculate.
The moment you think it's about to get rossy, then it comes clashing down and all that.
You might follow up on a coin for sometime, yet you can't easily say how it will be be in the next few weeks.
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My strategy is to buy when the price goes down that would also depend on the technical analysis that I use and then I just set a certain percentage to take profit. My trade is usually just for day trading and then when the price goes down I would just average down for the expected price to go down as well. Reading the news also is one of my basis in trading because if there are unusual movement then I would just wait for another day to trade.
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Both are profitable and depends on the value of your trading capital, Somehow, trading day is harder to do if you do not have good practice in it it's a very risky game, you're like trading war that at any moment it can throw hard or hard curiosity.
Hold for long term is definitely sure profitable, because it will continue to increase value in the future.
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The bitcointalk forum, books on trading and websites on trading would really increase your knowledge on bitcoin. Get in touch with experts on trading. Sit with them for a week through out their trading journey. You will surely be more confident and more knowledged to get into trading.
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My trading strategy is just simple
Buy as much as you can if the price is down because it will comeback at the time
Sell as much as you have when the price is up and you will get profit
I think
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dont be panic, we do not get carried away, stay holding if you want to profit, hold it if you can, it will come when the price rises again. than you lose your coin, as I experienced yesterday, when I sell coins that come down drastically, the coin can go up again in a short time, I feel so regret. since then I think before sell the coin which price is down.
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I always have this long term mindsent , I always put in my mind that losing today will not guarantee that I couls also lose tomorrow , when I see a lot of red on my portfolio I will always have this thinking that It was just temporary and will regain it's value some more time in the future , I just Hold my coin and sell it when I am already gather some profit ! I will NEVER sell as long as I see red on my portfolio and that was the art of self discipline
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There is no real market fundamental that is behind most of the altcoins. That is more reason that speculation is the order of the day. Nobody will tell you he knows when the next pump will happen unless he is the one that will be manipulating the pumping. Every thing is all about chance.
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