Whether you are a day trader or you trade once in a while, you have to align yourself with the smart money, not the dumb money, surf along side the whales,not against them, trading is war and you have to choose your battles correctly
as a trader I took full advantage of these two moments, bought lots of coins when there was a bear market and sold them when it became a bull market. it will be very profitable  True, that is the simple step that anyone needs to follow. But I did not apply it back then because I was too greedy. I was just a newbie then and did not know the nature of the market. I thought it will only continue to go up and I was expecting much more return but then a bear period has started. |
|
|
|
|
I guess bitcoin goes highly votalile again when it is mocked as a stable coin for a long time. But the bad part is it goes in the wrong side. Bitcoin cannot be a stable coin in my opinion but I'm sure that it will reach $100k and the volatility movement will be close on that price.
|
|
|
|
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
I got it from doing faucets and bounties. I guess I was lucky because I discovered btc before it had gone up in 2017 but I still I was much more early. I believe that it was BTC.30 btc that I traded and it was pumped to the moon and I withdraw and reinvest it again on several coins. |
|
|
|
I am sure that bitcoin will increase, I will always trade with bitcoin coins, I trade with bitcoin coins always make profit even if it gets a little profit
But with that little profit, how much time has it took away from you? How many sleepless nights or stress does it give you? Diversify your investment guys. Let your investments in btc sleep for now and forget it and try other investments like gold, stocks or forex. |
|
|
|
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 ...?
Emotions, pal. And in these bear periods, you should have another source of income that will take your focus away from crypto for a while. So you still earn and you don't get tempted to sell your losses. You will waste a lot of time in the market when there's really nothing going on. |
|
|
|
That possible but very difficult because its hard to predict price action of crypto. That will be more possible if we make investment in crypto 2 to 3 years. Lest say if we make invest right now in some of the strong fundamental altcoin like XRP and XLM, both coin possible to offer 100x profit in afew years according to the price historycal.
I totally agree. With all the coins going down 1000% from their all time high, it's a cheap bargain. We are already on their deep bottom prices and the only thing you need to do after buying them is to wait for a great FOMO when people starts adopting crpyto for everyday uses. |
|
|
|
Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  I don't want this to discourage you but there's still a great chance that prices will still go down this year. It's better to stick to offer your services if you had in exchange of bitcoin or eth. I really don't want newcomers to be burned and hate crypto forever because of their bad experience. |
|
|
|
|
You are one of a kind trader sir. I salute you but the time that you spent on monitoring on your trades is too much for me. I'm very certain that there are times that you forgot to sleep or eat in some instances especially that it's very hard to profit in a continuous bear period. I wish I can do the same thing.
|
|
|
|
|
I really have no idea or words to say. I was very hopeful until the last days of 2018 and now this year 2019, I'm just preparing what worse things that will come. Even though I'm still hopeful but to reverse everything, we really need a big help from influential people to be on our side.
|
|
|
|
|
Why would anyone think there is magic in trading? I've heard some tips and tricks that are just made to fool someone but using the word 'magic' is really unrelated at all. If anyone of you that are on the adolescent period that still use the word magic in every aspect of your life then there is something wrong with you especially if you think it applies to trading.
|
|
|
|
|
I gave a timeframe for crypto to go back and I have 1 year which is the year 2018 to give it a chance to redeem itself but it did not even in the most special time which is December. Now, I've got no choice but to sell my coins because I need money to spend for my needs and I can barely make any profits anyway.
|
|
|
|
Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
You need to really have a huge amount of time if you are going to store your coins in a specific wallet because it always needs to be updated in the latest block. For me, I store them in a reputable exchanges and I was suprised that a not so famous one like Cryptopia are not hacked so I think we should really blame the devs whenever they get hacked on their exchange. |
|
|
|
|
I am very thankful that we have our local exchange in our country that is always reliable and has always the 5 star ratings for me. I think that thing that happened in bitfinex are a part of the process and I know that the better ones are going to be built along the way.
|
|
|
|
|
This is the first time I've heard an exchange Bitcoinica and I find it funny that people still trust it after 2 hack incidents in that year. And also I don't believe that everything on list are hacked because I was a user of Bitgrail and I'm positively sure that the exchange are the ones behind and stole it before nano got dump very hard.
|
|
|
|
|
I just solely base on popularity. It's like when I don't what movie, anime or tv-series to watch, I just based on the rankings made on video review and it always works for me. Kucoin and Binance are still on the top for me after I discovered it getting mentioned always.
|
|
|
|
I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose, my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk. Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here, are we going to continue in losing trade? I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.
That unexpected thing that we need to blame is the negative exposure done to us by the media. It was focused on making crypto look like a safehaven for criminals and not visualized as a tech of the future. All the ta in charts are useless if the government won't fully acknowledge us much sooner. |
|
|
|
Knowing that we all suffer through this bearish trend and now we hope it's almost over it's the right time to buy ETH!
ether has a very low price at the moment because it is stable at $ 275- $ 300. That's around $ 800 3-4 months back and probably will recover soon.
Given that ATH, this should be a good price to buy a few ether because it will return some good profits.
I feel sorry for people that believe this guy because eth dropped to a very low price of $80. But I'm also amazed that there are many brave people who are lucky to bet that it will recover and it surely did. I hope eth go back at least $300 so ICOs will collect more funds again. |
|
|
|
|
I don't agree that crypto fell into the wrong hands because you and I know that in the first place that they are staying here because of the lucrative profits. They see the huge opportunity to make money and that's why they join in and then when they see that the party is over, they also leave like they lost all their interest in it.
|
|
|
|
|
Well, it is still your decision that will matter in the end my friend. But if I were you, I will just leave them and forget about them especially if they are in the top 100 coinmarketcap. But if most of your coins in your portfolio is not making any good progress or marketing then I will also sell them immediately.
|
|
|
|
|
I'm sure everyone will feel jealous of eth if they have bitcoin. Right now, eth is $150 from it's last all time low which is $80 and it's nearly doubling from that recovery. I hope bitcoin would do the same or at least get past $10k again.
|
|
|
|
|
Show Posts
