Usually, we are trading with market, and we have our own trading logic. But , after you are trading for a long time , you will find you are trading with yourself and the biggest enemy is you.
You may have a good trading logic , and you always earning money from the market , but you are still afraid of lossing, am i right?
Every trader should believe in his own trading logic just like a belief, you can't move it. Lossing are not terrible and you should like it.
So i have some advices:
1. make sure you are believe in your trading logic
2. record the reason when you open trade
3. take profit and stop loss strictly
4. back to the records when you close trade, and think why you are earning or lossing
5. according to the records , if you find something wrong with your trading logic, fix it
6. add your trade into a trade journal (advice from @GreatArkansas)
7. do the things 1-6 above again
Does any trader record the reason of opening trade? And how do you guys practice it? Let's talk about it.
That is something which can make a trader successful. Most of the traders try to recover the loss after any negative trade, they fight with the market taking illogical trades leading more losses to their account. Trading is a game of probability, even trades taken on guess have 50% chances of success. If you trade with a logic (record the reason when you open trade) you have more chances of success. Trade should be well planned with pre-defined SL and TP, we should accept whatever market gives us. |
|
|
|
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
I do not agree to the concept that bounty hunters sell their tokens cheap and rates of tokens decreases, there may be temporary prize depreciation but it bounty rewards share is not that big that it drag the price of any token 10x low. Recently I came across one bounty campaign called BBOD, although bounty prizes are not distributed yet still someone has 33k BBOD tokens to sell on Forkdelta and that too when it is officially not launched. Where did these 33k token come from? This is a big question. IEO owner's act cannot be denied in such a big amount. |
|
|
|
|
Yes I have done trading at work and I am still doing it whenever I get time but it is difficult to keep your terminal open in office hours for a long time so trading during work should be very selective.If you already have your template set and if you can analyze the trade within a small span of time then only you should attempt to trade else trading should not done during free time only. Trading needs lot of concentration, a proper homework should have been done to select a potential trade so that it takes a few minute to check the complete setup during working hours.
|
|
|
|
|
Cryptocurrencies are not worth investing now a days. Most of the project either not able to reach hardcap or they are not successful after coming to an exchange. Values of most of the new project's coins is decreasing after their launch on an exchange then whey would investors invest their hard earned money in crypto projects. Scam projects are another reason for low money inflow in crypto market. There is something really needs to be done to boost crypto market. In my opinion, lots of IEO,ICO taking place every single day is also a big concern for survival of crypto market.
|
|
|
|
|
I do not know much about other countries but in India banks are charging money for everything.Be it using ATM, taking stamped statement or any personal service taken for your account. I have experienced the pain of being over charged for getting money from abroad and it used to take 3-4 days to get money into my account. Now with the help of blockchain I can get the money from anywhere in the world within no time and that too at very cheap rates. I support Bitcoin for all.
|
|
|
|
|
Why only newbies, all of us on this forum should not fall pray for any scam project, we should take care of our hard earned money. Before joinnig any project, be it a bounty campaign or for investment one shall properly research the core concept and about the team profile. I have seen some projects on this forum which posed as genuine in the beginning and later went scam. This is the need of hour to save crypto community. Scammers are everywhere and we shall stop them.
|
|
|
|
|
I had managed to convince 2-3 colleagues of mine to invest in crypto projects in early 2018 but with drastic bear trend now most of the people are scared of investing into it. Truly speaking people all around are looking for growth in their investment by investing in crypto, nobody bothers to talk about its benefits over traditional payment methods.Current market situations are making it difficult to convince people about cryptocurrencies as there are many issues like legalization, high volatility, no centralize control etc. We need to talk about decentralize benefits, benefits of high volatility to make bring non crypto users to use cryptocurrencies.
|
|
|
|
Here are some projects that get listed on exchanges but ignore bounty hunters and airdroppers like they don't exists
1. Sparkpoint
2. Decimated
3. Nestree
4. Sero
Etc.
Any one has a solution to make this stop? if developers can't keep their promises even when they raise fund successful why needing how help to create awareness then?
There are so many cases like this, they might do that because they don't want their token prices to fall, but take it easy they will need us later, when the market really starts to recover their project needs bounty hunters to campaign their projects and compete with others, they will spend a lot of money for it, but be hypocritical of them and leave these projects to be their lessons, so just wait for the time when they will come like a beggar begging us bounty hunters I completely agreed to it. In current market situation bounty hunters are being ignored by many projects and those paying are paying very less amount.Let the market condition improve and money inflow increase, every project will need a massive marketing campaigns to raise funds to develop something new to complete the market, that time these projects will need bounty hunters to run part of their marketing campaigns. Wait for the right time to teach lessons to such projects which ignore bounty hunters at the end. |
|
|
|
|
If we take into account the price of Bitcoin price in 2015-2016 then Bitcoin has increased many folds but the the its trading much below from all time high in end of 2017. Bitcoin is not a ponzi scheme for sure, its price depends upon demand and supply as of any financial market but it is highly volatile. Bitcoin has given recolonization to blockchain technology, its reach is increasing day by day. I believe Bitcoin will be accepted by many big giants in future and its value shall increase.
|
|
|
|
|
Moving to digital payments does not mean accepting cryptocurrencies. There are lots of tax evasion in cash transactions thats why many countries are moving to digital payments, be it credit cards, debit cards or payments through any app directly linked to bank accounts. If Bitcoin is one of the mode of payment in any country then only it can be called as pro Bitcoin but there are higher chances that countries which are moving towards cashless transactions may consider blockchain technology in their someday and they may recognize cryptocurrencies.
|
|
|
|
|
This is surely a scam. The person who is committing such a high return in a short time why can't he trade his own money and become billionaire after 1-2 years with this rate of growth. Asking investment with some particular broker is another sign of scam. He could have simply trade your account and could have fixed a profit percentage of profit. Always beware of such scammers, you will only lose money with such people nothing else.
|
|
|
|
|
Mr Nakamoto surely deserves a huge respect, he invented something which has changed the lives of many people here, he has proved that financial transactions across the globe can be cheap and fast without any centralize agency. I believe common individuals like us are never against Bitcoin but big financial giants are creating "Fuds" about Bitcoin as it has directly challenged their existence. We should actively promote Bitcoin everywhere so that it is adopted by everyone.
|
|
|
|
|
Crypto market is still Bitcoin dominant. If there is increase in Bitcoin price, many altcoins start increasing, here I am not talking about "shitcions". It is also true that most of the altcoins today are shitcoins in terms of their market value but some of these coins are backed by good projects, value of these coins may increase in bull run. I still believe that there will BTC bull run shortly. I am waiting for that moment to come.Bitcoin is still the king of ccrypto market.
|
|
|
|
|
I read somewhere in this thread that watching chart for a long time can make you to take wrong trading decision and thats true, I have experienced it myself. Its better to chose a fix time to trade. A group of fellow trader can also help in reducing trading stress and a company of like minded people in the evening will surely reduce it. Whenever I lose in trading, I take a break and analyze where did I do wrong, analyzing my trading decision helps in improving it.
|
|
|
|
|
India and China both are big countries in terms of population,so its almost impossible to track any transaction made in decentralize platform like blockchain. That may be the reason Indian govt is taking some decision on cryptocurrency. Current govt is focusing on digital payments so I do not think they will completely ban something which is related to latest innovation like blockchain. Govt must find a middle way to deal with this issue. Lets wait for Jan 2020 and hope for something good to hear.
|
|
|
|
|
Chill my friend and wait for the right time, you will realize that your decision was not wrong. Although any investment can't give you guaranteed profit but investment made in high probability trades give you bright chances of being profitable, Bitcoin is one of the high probability investment. The same time keep yourself prepared if any loss occurs. Bitcoin has already experienced a bear trend in 2018-2019 now its trading in range for quite sometime, hope for a good bull run now.
|
|
|
|
|
Like other members I also did not get exactly what you want to narrate. You bought Bitcoin in 2013 when it was trading @ $1000 but I think price was never reached $1000 in 2013 and if you see the price history Bitcoin was the most successful investment anyone could get. It grew many folds since the year 2011 and made many investors rich, so how anyone can say Bitcoin has failed. Even today it is trading at price more than 10 times higher than its price in 2016. Bitcoin will still continue to grow I believe.
|
|
|
|
|
If you search the web,you will find plenty of material about trading. Babypips is one site where you can start from basics and can finish at expert level. If you really want to learn then start from basics, steadily and slowly its only your experience which can win the market. Two different people trading same strategy are not winner both that means trading is more of a psychological game.Gain more and more experience, market will start talking to you one day.
|
|
|
|
|
I do not think Tentum has scammed anyone, they passed on the instructions clearly and asked bounty hunters to fulfill it. I have received award after passing out KYC and there was no issue at all. Yes I agree the deadline for 2nd KYC option was short but that was what project team could offer as distribution was already late. Distribution was done by the committed timeline, there was no delay from project team.
|
|
|
|
|
I agree to the thread stater. I personally prefer Ethereum blockchain to use because its too fast, transaction is done in no time. I like to hold ETH as there is lot of space for its growth. Although Bitcoin is still the king but importance of ETH blockchain cannot be ignored in cryptospace. Most of new projects are being launched on ERC20 network only. ETH is reliable cheap and fast. I think current ETH level is cheaper to buy at.
|
|
|
|
|
Show Posts
