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Experienced in trading for every traders are just a secondary things for us to learn here, but the main bottom reason for the traders in this field of business is to earn Bitcoin, and for us to have it we can buy directly Bitcoin in any of the platform exchange. And aside from that, We can buy altcoins for us to get bitcoin profit.
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What’s the difference between a winning trader and a losing trader? It’s not that one is smarter than the other, or that one is luckier than the other. Sure, maybe having the right tools and the best information helps, but what separates a winning trader from a losing trader is their mindset.
A mindset is how one perceives the world. It’s how a person absorbs the information around them, and chooses to either take action or not.
The most important mindset for a trader, new or experienced, is to consider decisions/trades/positions/investments through the lens of risk versus reward. A winning trader defines their risk and sets a target for their reward. There are lots of ways to do that, worthy of plenty Reddit posts on their own, but the critical learning is that the trader makes a plan based on solid logic, not emotion.
Once a plan is established, with a focus on risk:reward, the next piece of the mindset puzzle is sticking to the plan. This is accomplished through discipline. Only through discipline can you take your plan, and execute it over and over again so that you can measure it.
"If you can’t measure it, you can’t improve it." - Peter Drucker
The best way to measure your trading results is by keeping a trading journal. My personal journaling tool was built for Voodoo Crypto, but there are plenty of free ones if you google it. When looking for a journal or template, make sure to consider journaling both each individual trade as well as each trading session. Break down the numbers for every trade, and reflect on your performance and emotions for each session.
After the data has been analyzed and the journal reviewed, you make tweaks to your plan to attempt to maximize profitability. A winning trader understands that they don’t win every time, that losing trades is a fact of trading. However, they can answer whether they win more than they lose and have the stats to back it up.
If you want more hands on guidance and education check out Voodoo Crypto.
Of course winning traders they get profit while losing traders didn't get any profit. Most of the traders who get profit are the one who applied day trade were there is a high chance for them to earn daily as long as they know the proper procedure in trading. In short, they are well knowledgeable in trading, while losing traders are majority of them they are neglectful, lack of knowledge, and greedy. But your statement can be a good guidelines for the other community here in the forum. |
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As a trader they use these two methods to get profit every time there's an actual trade happening for the individuals trader.
In fact, the way I opened the link articles Honestly, I don't exactly get the catch of it. Just all I know is that both are very important
for us to achieve the profit We are aiming.
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wtf is going on with Bittrex...they disabled my account!! i have verified account with driverlicence and my photo and it got verified, thats seems OK.... As im looking on web im not alone in this cas, it seems there are lots of those who got disabled.  You think the reason is because of lack of my trading during bear season? i havent loged in for few months, and now i loged in , try to make a trade and a mesagge popup that account is disabled  What to do? please help me! Thank you guys alot...thanks hope i get some help that i can manage to trade or at least withdraw my money  Your not the only one who faced that issues mate, they may disabled your account because probably, you didn't submit a complete KYC to their platform. Even you activate your 2FA into bittrex that won't be accepted to them. Because if you comply to submit KYC to bittrex they won't disabled your account for sure. Your only choice is to create another new one account on Bittrex if you like to use their platform, even you send a message to their support email contact they won't response on you for sure. |
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Whos could he be? There is an interesting countdown going on the moment at a website. Is it a marketing stunt? Or would they unveil the real Satoshi? In my opinion, it is more like gaining some marketing popularity as their Twitter account has grown up quite massively.
Almost all of the community who got here in this business industry are interested to meet or see who Satoshi Nakamoto is. But He still unknown or anonymous for almost 10 years already, up to now He is mysterious if His alive or not. But it doesn't matter for what important is that many people in the entire world are now rich and free in terms of financial problems because of Him, so thanks to Him. |
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How do you respond when the tokens that you store prices continue to decline? whether you will sell as soon as possible or will hold until the price rises up again. Panic will certainly come over, but it doesn't have to sell. What do you think. Thank you very much.
In that case, you can't do nothing but to wait again so that you won't lose your coins or else if you sell it, you cannot recover it. And if the token in the market are declining it is because that bitcoin was bouncing its price value in the market, so its not wondering instead, it is normal things happen in crypto trading. |
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As a new comer you can trade anytime you want as long as you have capital to buy coins in any of the exchange platform, then you can also learn anytime you want too. But even you have full knowledge about in trading, if you don't have money/investment your skills and talent in trading in the end still be useless.
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I don't exactly understand what's your point in this illustration of yours mate. Just all I know that We are talking about in crypto trading, right? And being a farmer has no connection unto it which is crypto. And farming is one of the traditional business in the entire world, it doesn't need internet or what unlike in crypto it is necessity without it, we can't able to trade crypto. |
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
You have a lot of choices here to buy coins using your capital investment. It is actually a huge amount that can be considers in my opinion. You can use it in in partitions were it depends on you. Just always remember that since you are in trading business industry, it is much good and better to put your eggs in different basket, I hope you get my point on this matter anyway. |
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If ever I have that amount of course I will go with my full of confidence on Bitcoin, this was the Father of digital currency and from the very starts it became the highest amount price in the market for almost 1 decades pal. And also I'm not quite familiar with IOTA just like what everybody said here too.
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Losses money when the market is down, I think it was just a normal things happen. Also not everybody(traders) here are losing their coins, because there are some long term holders and short term holders always remember that. And you can loss coins if you will become neglectful
whether the market is down or not.
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Hi everyone,
I have been into BTC for almost two years now, and as time goes my passion for the technology and the stuff it brings together with it grows together.
To me personally, the biggest gift BTC has brought with itself is decentralization, and now since BTC has been for over 10 years now with us I have this simple question:
How far are we from a real decentralization in more aspects of our lives and technology?
What I want to point out is, I have been learning a lot recently about tech in general and, for example, I have learned what DNS is.
Why are we not seeing a decentralized DNS yet?? just why???
The same goes for stock market. Why is it not decentralized yet, allowing people to exchange stocks without the interference of exchanges?
As we all know, decentralized was unregulated business and not own by any official authority in the government. Where everyone is anonymous and We are the only person who can able to protect and save our coins. That's there is no any KYC requirements needed if we want to trade coins in the platform. |
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I also have bad experience yesterday, i bought XRP afew week ago with the price 0.33 USDT and after that the price dump to 0.26 USDT and i have to wait about 3 week to recover that loss by sold XRP by price 0.33, but after sold it, the price going up more others 60% , so i miss big profit. Lesson learned, should be i use stop limit order so i will not miss that big profit.
Too bad for you dude, don't you know that XRP is not a good coins for me even though it has a good price in every exchange but it is considered as one of the centralized coins. Where it is obviously controlled by the whale investors, for me poor are the investors who will try to attempt to buy it because for sure in the end their capital will turn into nothing. |
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We regularly read FUD articles in the popular media about Bitcoin being used in scams and that it is a perfect tool for scammers to hide their activities and the movie industry already labelled Bitcoin as the Internet of Money for the DarkNet.  I am currently watching a series called, " Undercover: Nailing the Fraudsters" and most of the scams featured there are done within a regulated environment. Boiler room scammers are not requesting payment in Crypto currencies to hide their activities, they get the victims to deposit money via their Bank accounts into their Bank accounts. <obviously created with fake ID documents> In business, the term boiler room refers to an outbound call center selling questionable investments by telephone. It usually refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stocks, private placements or committing outright stock fraud. - Source : https://en.wikipedia.org/wiki/Boiler_room_(business) So, next time when someone tells you that Crypto currencies are used for scams, please highlight the fact that most scams are still being done under the nose of the regulated financial industry.  There are many people said that bitcoin is a scam scheme. This was being speculated and discussed here for almost 1 decade and yet for them it is still a scam, were some of the country regulated it already to their territory. And many businesses adopted it as mode of payment too, is this a kind of scam you are talking about? come and think about it dude? |
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I transferred $20 into my blockchain account and now it says “may be at risked for a double spend” what do I do?
I also encountered the same problem with yours mate. I need to be honest with you that you cannot recover it once you already sent and submit the transaction. You should be thankful at least you encounter it with a small amount of 20$ only, because to others its a thousands of dollars dude, so I suggest you to be more careful in it the next time you do the transaction again. |
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I want to ask traders. What strategy makes sense when looking at the crypto market situation that is red. Besides observing the charts and their movements, I think patience is really needed in this case.
Please share a little of your experience of trading successfully.
Thank you for your time.
In terms of doing the actual trade in the exchange platform, having a knowledge or idea in the candle stick is an advantage because if you don't have idea on reading candle stick, I think your a traders. You are just a type of traders who is only relying on luck. So, if your not sure in anything about in trading better to hold your coins in a long terms as long as you know it has a potential to increase in the market. |
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Hey, what do you think of these alts? Would like to get the community's opinions.
In order of most favored:
NEO: (Personal Fav). Huge Chinese Crypto industry. Working with the government. Smart Contracts. Also GAS!
ETH: 2nd Market cap. First at smart contracts. Reliable. But they are falling behind hence second.
XRP: Riding the hype. Big company. Well organized. Centralized
Any other ones you would recommend (Preferably about 20 top market cap) ?
Since that Bitcoin was moving up so far, the situation of the altcoins almost all of them are moving down their price in the market. Which I think is good to buy or invest on Ethereum were the price was 193$ each, when bitcoin goes down for sure Ethereum will goes up a little bit in my perception only. |
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What actually defines a shit coin? The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?
Well of course, the word SHIT is not a a good coins, useless, no value, can't help us to give profit but can steal our capital if We believe to their hype tactics. And most of this shitcoins are really manipulators where they control the market to their coins then they will the community to buy their token then all of a sudden once they've hit the target of course they will sell at once then run away and never go back. |
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If you want to increase easily the security of your coins you can do it by a simple step. Just withdraw your coins from the exchange to a personal safe wallet where you have the private keys. In case if the exchange gets hacked your funds are safu. Never store more in exchanges than you actually need for buying other coins. A crypto hack can also happen to big exchanges, like it happended to Cryptopia, a big exchange from new zealand where huge amounts of crypto funds were stolen from people that had their coins stored on the exchange when the hack happend. All users that had withdrawn the fund before were safe because they stored their coins in their own wallets. Even big exchanges are no guarantee that they can't be hacked, so better be safe and store your coins yourself. Storing your coins safely will prevent your coins from getting hacked and you won't lose your crypto by exchange hacks.  Everything here especially in the exchange all of them actually have risk, now this will up to you and depend on how you gonna trust in it. Because in my experience I have coins in coinbene for more than 12 months and yet so far I never encounter any problem issues about it, just all what I did was that I activated the 2FA authentication. Though, I knew all centralized exchange has risk involved. |
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Our destiny is not written on an imaginary surface and not in wind. What we are today in the crypto space is as a result of the works of our hands.
- Whenever you want to invest or promote a project, do not be in haste, but take your time to analyze it.
- If you want to sell the coin you have, do ensure you think about it many times, so that you will not later blame yourself for selling.
- Get materials to study whatever you do not know.
Nobody can make a better decision for you than yourself. So learn to do the right thing at the right time.
That's why Life is a journey. We need to succeed first here in this business industry mate. We shouldn't rely in luck, but to spend hard work for us to become successful in the end of course. In short, you must have at least references to review what is important here mate that you need to keep and save it. |
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