My friend just quote this one. I think he is right
Day trading is like having sex.
''Get in and out as much and as fast as possible to get satisfied maximally.''
I think this exactly explains day trading. I am a day trader myself. I rather get in and out of the market 50-100 times a day and take small profits with smaller amounts of my balance than trying to chase a couple percent in 1 trade.
There are lot of comparison you are going to give, and yet SEX was your example.  Though, I felt its true. Particularly, when the market in on pump stage we as a traders are really happy and satisfied with it due to we gain a lot of it. Then when the market is down, we are not satisfy or happy because didn't meet the satisfaction we are aiming for it. |
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To avoid mistakes in trading you're not supposed to be in control of your emotions dude.
Then, don't believe easily or depend in any of the FUD news you will read in the updates of the coins, also
Don't rely on your luck too.
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If you are business minded person, you won't give up or quit in it. Like what we have now in the market, it maybe bad news for the most community here in this field of industry but for the positive and deeply matured here like us, we will take this as a good opportunity instead of panic we will buy em then hold.
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I have read many articles posted online about buy and sell walls. It still is vague.
I understand it is whales faking people out so they can buy coins cheaper, but i don't understand how to identify a Wall in the charts.
Are you reading the candlesticks or are you looking at market Depth? To find the walls... how common are they?
When I do trade in the market, I based my technical analysis on the actual market in the graph were you can see the sell and buy wall in the chart. Now if you want to buy set it in the price you like to buy depending in the present actual happening in the chart of course, same goes with setting the price you like to sell in the graph as well. |
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First you supposed to have a goal price target if you want to hit your profit. If you think that you earn 5 to 10% of your purchased, you can exit on trading. Now if you think you can do increase your profit more than 10% it is your discretion if you continue or not. But I suggest not to continue because most of the time they've end into loss of your coins.
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If I were you since that you are newbie for awhile, you'd better start with learning and discover a lot of things here in crypto world or bitcoin. Aside from it, you must know what blockchain first. You shouldn't push yourself in hurry to proceed in the actual trading about in crypto. This is my advise to you before you start with it, you must load yourself a knowledge in crypto trading.
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day trading for now is one of the major methods for us to earn here daily. This is the only way I saw if you want to make profit everyday, but of course this methods was only effective for those who are experts in doing it in the actual market exchange platform whether you trade bitcoin or altcoins either.
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Just a Question that has me stumped and maybe someone with more knowledge on the Financial aspects of trading can help me out.
So i Do a lot of trading on Bittrex. I have been dabbling with a low dollar amount(Below $100) to minimize any stupidity on my part and losing it all lol
So no matter what i do i can't seem to understand how the price rise in BTC market affects altcoins like Dogecoin dropping in price.
Seems when BTC goes up in value Doge drops....What am i missing?? Seems it would be plain as day but i'm not a pro in trading obviously.
Can anyone Enlighten this Idiot? lol
Thanks.
In my observation when Bitcoin is rising its price value some of the altcoins are also increases their value but majority of the altcoins are decreasing their price while Bitcoin was increasing. In short there are dependent altcoins in bitcoin and some are not. So in Doge I remembered when bitcoin kicked it price value, Dogecoin also got increased its value. |
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Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Yes I agreed, this is totally true and correct. But sometimes or most often for the greed person who came here in crypto trading especially for the newbie they made trade instantly even without an idea or knowledge yet because of the greediness they have to their mind, which lead them most of the time into loss of their coins in the market. |
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Its my first time to witness a very tough year for cryptocurrency because I got in when the price was skyrocketing ,2018 is a very challenging year but I'm glad its finally gone and I'm still alive ,more incoming hopes the is year 2019
Well, I guess you won't give up on this things mate. This is just a part of the business here, However the scenario right now compare to last year is much more better than the presence we had it now. Although, its not 100% we can assure that this year is a full blast recovery for bitcoin. But in fairness, ico project so far is much more good rather than 2018 which is very terrible ico that has been rise last year. |
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The king of cryptocurrency is Bitcoin. But who is the king of Altcoin?
The King of Altcoin who is ETH or Litecoin? I think ETH is the reason most are used in ETH at airdrop. And the price of the ETH is much higher than all other Altcoin. The number of users of ETH coins is also much higher. Litecoin also has a number of users then I think ETH coins are King of Altcoin. It is my personal opinion. You can give your opinion. I know there is many more good Altcoin but ETH is the best. I hope everyone will give feedback.
Best regards
Coin-Desk
Ethereum was the main useful altcoins in this field industry. This is most often being used for the new ico project in crypto currency. It is already popular in the entire world too, lots of merchants too adopted Eth as their mode of payment aside from Bitcoin. Though, there are some altcoins in the market on which are much more higher than eth, but in terms building community here Ethereum was the one who prevails among of them. |
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If anyone are business minded person, and open to this kind of investing meaning, you have a characteristic to become a successful person here in this industry. There are many form of investing, we can invest using our money/capital for us to earn in this field of business, then we can also invest our effort not using our money for us to here to by simply joining in bounty campaign project. If you are here in crypto world.
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The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
Well the big mistakes which you had made dude was that because of panic you sell bitcoin at a price lower than the purchase. This is absolutely wrong, you shouldn't controlled by your emotions instead you supposed to be patience and calm even the the market was bad, as long as your not selling it you have a big chance to recover your loss, don't you know that? |
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Earnings here in this field of business was honestly not easy to achieve. Each of us here need to show effort and patience to get it, that's some of them in the end they've left because realization to their mind was came up to them, but of course you need to be strong and we must continuous learning and stay calm at all time even the market is bad we need to remain chill, as long as were not selling there is a big chance for us to earn big. And besides Bull run and bear market is only movement happen in this market of crypto and bitcoin.
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Yes that's very much important dude, it is same as the key to your house if lost it how can you open it to get your valuable things. Same goes with the wallet too, you need to keep it in a safe place, then you must also have a usb back-up so that you can retrieve any time you want too, if ever there something happen with laptop or desktop.
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Fear, greed and so on are of course bad, but sometimes you need to allow it, to a certain extent, to achieve the best result. Because if you do not want to achieve something more, you can remain with nothing.
And in addition to your statement, being impatience and don't have any self-discipline nor self-control is not also good when you are in the actual trade platform. Because if you will allow this to be happen for sure it will lead you into loss of your coins. If you will overcome these matter for sure the end result would be good of course. |
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I am wondering what I will do during the next bull run. Here is one idea: Buy $XXX amount of Bitcoin every increase of $1,000 and HODL until a certain limit. Or Buy $XXX amount of Bitcoin every increase of $1,000 and then Sell for profit.What about you? First bull run my happen at any moment. Therefore, we should always be prepare and alert at all times mate. That's why many are bullish at the moment, for them to minimize their loses and risk also, including myself too. So if you are holding some coins try to do day trade of the 30% of your holdings then the remaining will be hold in a long term, while waiting. |
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Guys, am I doing an academic research for the completion work of my undergraduate and would you like to count on the help of the community?
This questionnaire is fast.
It's 4 simple to ask and you'll respond in 1 minute. Help the community grow academically.
1. Have you invested or are you thinking of investing in an ICO?
2. By what means of communication did you hear about the last ICOs you remember?
a) Forum
b) Youtube
c) Blogs
d) Technology Sites
e) Cryptomeo sites
f) Facebook
g) Instagram
i) Investment and business sites
What do you think is the time to invest in an ICO? Priority order.
the idea
b) Team
c) Market that an ICO will act
d) How much has already been invested
e) Price
f) Support (investors and partners)
3. What do you evaluate when investing in an ICO? Priority order.
the idea
b) Team
c) Market that ICO will act
d) How much has already been invested
e) Price
f) Support (investors and partners)
4. When you invest in an ICO you look.
a) Promotional video
b) Whitepapper
c) Site
d) History of the team and investors
e) Presentations
1. Have you invested or are you thinking of investing in an ICO? - Nope I never try nor invest to any ICO project. But I joined in the bounty campaign project as a one of the bounty hunter. 2. By what means of communication did you hear about the last ICOs you remember? - Of course, I am looking for for how much the project been raised funds to their token. 3. What do you evaluate when investing in an ICO? - I evaluated the raised fund to their project, or I try to look of how strong their support is Who are there investors and partners too. 4. When you invest in an ICO you look.[/b] - I check first the Whitepaper through this things I could find out from the usages of the token, team, owner, and and the road map of their project too. |
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