I can't count them all, I can have as much as losses as I can but it all depends on the budget. As long as I've got that budget that's already dedicated to trading, it's all up to how many times it can go. But if being in my mood and I think that I've had enough already with my trades, that's when I'm going to stop whether it's just 1 or 2 losses then I'll be stopping. Then if I keep on winning, I might stop too and just take it as the day, just as the same when I've got enough.
In this market, really hard to count all the losses that you have. As the market can change in seconds, you can lose fast in that time period. So it is actually hard to identify those points especially if you have no reference. Unless, your only reference is the price where you bought it. Then, it is easy to identify whether you lose or not in the trading as you compare it to your buying price. But in general, hard to count as we trade a lot of times and that is hard to track. Well, what I meant to count them are for those that I accumulate continuouls in losses which means that I cannot attain to count them if I have to handle those consecutive losses. Maybe, I can handle as many as I can but no way that I would want to keep losing entirely with my funds and that's why handling those losses will really depend on how much my budget is. Indeed. I can also handle losses as many as I can because I know there are lots of chances to get profit. When you lose many times, it means that your strategy isn't working anymore. So better to stop trading and take a break instead of pushing your strategy even if you know it didn't work because you will end up nothing with massive loss. It is better to make another technical analysis in order to build another strategies because it is very important. Studying the graph for at least 2 hours will surely enough to make another strategies. But before you make any decisions, try to relax and take a break to refresh your brain for you to create the best decision to the situation. |
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I hold 5000 light which comes from mining with NFT.At the beginning,one day i got 0.9light by mine with NFT,after 3 months,i can got about 170 light per day. Last week,one light=$0.087,but now one light=$0.094.Can it reach $1 per coin?  0.004 increase for 1 week and now you are looking for 1$ value ? i don't think this can achieve by this coin mate. sorry to tell you but there is no bright future on this one. as the project offers no good product and also the DEV seems to be not that actively pushing the project. No one can say exactly how far this project will go confirmation is very difficult for the market to rise and fall. You can talk to the developers of this site to know the exact information if they join their teams and exchange they will rise to the top in the future. Its value is currently running slowly in the market how much they will pump will depend on the project company.
Yes but checking this one is clearly out of chances getting into 1 dollar per coin, not in any time soon. Indeed. It is not impossible that coins will be reaching 1$ soon. It might be too huge, maybe not now but very soon, because I think they are still improving. It all just depends on the team or developers performance. Maybe it's too impossible to increase coins for such a huge amount, but I guess it will reach after 1 year. All you just need is to wait for that to happen. Because there is so many miracle happened in an altcoins, just what happened to other coins. |
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Trading without emotions was impossible, we still have that as a human being because it won't happen if you don't use your mind to decide on things you wanted to do. If you're thinking we've been tricked by the market, I guess it was just an alibi for us because we have no proper knowledge. To avoid that idea, we should be facing reality and accept our weaknesses.
those who think it's a hoax are just alibi because they lost with their own emotions. Every human being is equipped with emotions and that cannot be denied. Accepting the weaknesses in us can make us reconcile and can continue to grow and will not get stuck in that 1 problem. Trading psychology will continue to be trained when we face problems in trading. There are no market tricks, it's just that we have to be stronger and be able to adapt to the market. Indeed. When you trade and your emotions control everything in you, then you might possibly lose a huge amount of your possible profit. The other problem was also trading without knowledge on it. It's a lot less the market tricking you, and a lot more of just the traders or investors being really ignorant or inexperienced. We can't see the future. But we can predict the market. We are not sure when the market dump or pump because there are so many whales that are controlling the market. I think there is no trick to watch in the future of upcoming market. We can only predict it through daily basis of fundamental analysis and technical analysis. But it is just a prediction, which means it is not sure. |
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In my opinion, the stoploss is not much important if you are investing a little amount like 10$, 20$ .or if you are long term trader and spot trader. But if we are investing a huge amount like 100$,200$ and if you are future trader and margin trading then the use of stoploss is more important as we cannot predict the nature of market, as the crypto market is very volatile and the only thing to not use stoploss is your rresearchc on the particular crypto tokens.
Indeed. Stop loss is very important in trading. I never trade without stop loss. It's like an armour in a battlefield. Even an expert who have lot of experience in trading will surely need this kind of strategy. I think that Stop Loss is also helping in some other way, and I don't see any wrong if ever someone use it when they do trade in the actual platform anyway. Stop Loss help us control losses unlike using it we might get feel bad and regret if we don't set it up our loss methods. I remembered not using stop loss and liquidated my whole funds because of it. |
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The best three coins for trading are BTC, ETH and BNB this is based on their higher volatility ratios compared to other coins, beside that they have a high market capitalization and huge volume traded on a daily basis, as an aspiring trader with Kucoin ensure that you devise a trading strategy subject it to practice or demo and test those three coins with their pair e.g BTC/USD, ETH/USD and BNB/USD whichever pair that earns you profit consistently should be your preference or choice, of course ensure that you start with small amount of funds.
Indeed. They are the best coins where you can trade even in a long or short term. They are best coin for me since they have a high capitalization and huge volume traded on daily basis. But, not all of us have the same opinion about this. If you ask somebody, they may have different answer. Some may say that these coins are good but some will also say that the new coins are more profitable. But, I guess it will all just depend on your stategy. Some people making money by trading top gainers and losers, while other people making profits by just trading top market cap coins like Ethereum, bitcoin and BNB. What I just only suggest is you avoid trading pump and dump coins, which is a common way spot traders lose money even in a bull market. |
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Use cases of a coin promotes it's price so am convinced the game project attributed to the high prices we seeing now and also it's backed by Sam who is a multimillionaire and he even made it known to the mass some time ago that there should sell off sol and he would buy them back at a lower prices, imagine the guts. Well I love the fact that the price is pumping real good but it pains me that I got no sol left, sold so early and now I can't buy back because i don't want to FOMO in to the market or going to buy the top.
Actually the hype is real plus the use case is working so definitely its a win win. But like you mate, I also dont have any sol token to be that kinda happy. So were on the same boat. Congrartulations to those who hold and ripping off the profits right now. Just be wise to take some and dont be greedy. Take out your capital at least. Indeed. They are too patience on holding it for too long. As long as you trust the coin your holding, then you must possibly gain good profit. SOL was a very good project for the future. Overall Solana has had a very good pump with few corrections, and from the current market condition, there is a higher chance that Solana will pump very well again, so make the most of this opportunity. Just be wise on choosing and don't be greedy to avoid such losses. Make sure you have proper knowledge about it to gain higher profit. |
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My recommendation is SOLANA.
-Solana is a web-scale Layer 1 blockchain that provides fast, secure, scalable, decentralized apps and marketplaces.
-The target industries for SOLANA
Solana focuses on:
Disrupting Wall St
Any other marketplace
Platform that enables developers to build Dapps eg top DeFi Dapps
So i think SOLANA is the best thing i can recommend to you and there so many another option instead of SOL which is DOT, ADA and CHZ.
What you've mentioned maybe have a good opportunities in the future but i guess some people want to make sure first before taking risk. Nowadays there are lot of scams and shit coins, so it is very difficult to choose the good one. In terms of SOLANA which you've already mentioned, I guess it is a good idea to invest in it since market is very unpredictable, so it is more reasonable to invest in something that has any utility for the market and I suggest Solana Polkadot and Polygon. |
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The reason for most of bad decision in trading is greedy and not follow their own rules. Base on my experience i usualy doing good when analyzing chart. I set resistence line as a taking profit point but after i reach that and the market look like continue its bull, my greediness suddenly appear so i am not closed my position. Greed also can lead you to trade with high margin ( this is the worst trading strategy ).
Indeed. Being greedy is one of the reasons in bad trading. They also follow and have their own rules in trading. They also think that trading is just an easy thing. They trade without knowledge about it and even the techniques and strategies on how to do it. Bad trading is obviously the result of our wrong doings. If we are not going to change this, it will still result on the same thing even how many years we spend on trading. If we lose money before because of our wrong doings, it will just repeat in your every trading. |
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Newbies are underestimating the trading world making them being over confident that they have already known what they supoosed to know after learning the basics and are putting their money in line having them all out without prior planning on how they will manage on handling their funds properly and as a result instead of gaining profits, what they gain is losses on their trading. Newbies do also lack of patience as well as experience making them having a hard time as well.
Indeed. They think that trading is too simple and easy. They trade without proper knowledge about it. Newbies also lack of patience. They let their emotions control them especially when market prices are dropping or else increasing. They trade without strategies and techniques on what they do and especially they start trading in a large capital even though they are not sure about the coins they are holding. All they think is that they trade just to earn without thinking the risk. |
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Becoming a full time trader is quite hard moreover in the crypto market, sometimes even you're already experienced and already passing on thousands trades, the market could always to surprice you because the volatility of crypto market are so fast.
Having a strong mentality is a must and can not involved emotion in every trade. It's okay to loss on some trades as long as we could manage our profits more at the end.
Being a veteran doesn't equal to being in profit, many veterans I know ended up in a loss during the last 3 months, and many newbies I know made a lot of profit the bull run as well. It doesn't just depend on how good you are or how long have you been trading. Of course that is a part of it and I agree that it definitely plays a big role but that doesn't mean that it is the only thing. I am not going to lie, "most" veterans I know profit, and "most" brand new traders lose, that is the true part, I am just saying it is not 100% guaranteed loss for newbies and 100% guaranteed profit for veterans, not even in the long run. Some people are just bad at trading, and do not understand it, and no matter how many years, even if 7+ years, they keep trading and trading and trading, they may not end up with profit over long period, could profit in some trades but not profitable in the long run. You know how I know? I am that "veteran", been here for 7+ years and been trading and still if you look at my history it is not profiting overall. Indeed. Not all veterans gain as huge profit as what other people expected. It doesn't mean that they are already expert on this, they can already gain a huge money and never experience making mistakes. They also losses money because sometimes they use their emotions on trading especially when they feel fear when prices started on dropping or else on increasing. Losing money in trading and gaining is part of it. There's always risk but it is important to manage it. Some of those people experiencing this are those beginners and inexperience traders. They always let their emotions control them when they started trading. Even they have lot of experiences but still they make mistakes because of their emotions. In terms of doubt for the temporary trend in the market then let your guts decide. Don't just sell if you think you're in loss, and don't hesitate to sell if you know you can gain profit and most especially don't hesitate to buy when market is in loss before you regret it. |
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Technically speaking there is no way for you to recover the crypto that has been stolen from you or the coin that you have sent to a wrong person. It is not like a bank which has the middleman on which you can still recover the things that might happen like that so always be careful on your wallet, you wont lose money if you wont get hack so always use safe internet and safe device. With regards to sending coin mistakenly to a wrong address then it is already your fault, always make sure to double-check before you click confirm.
Indeed. Actually there is no way to recover the lost crypto once it was stolen unless you know the person who steals it and you can access the wallet and sends you funds back again. Lost and stolen crypto doesn't have the chance to recover. I guess this is not about ways to recover, it must be ways to prevent it. Coins never have the chance to recover once sent to another's wallet, it is too difficult to track and impossible to recover. Indeed. With regards to sending money mistakenly to a wrong address it is already your fault, that's why you really need to double check everything before clicking confirm. For you to prevent stolen or lost crypto, it needs extra careful and proper knowledge. |
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Stoploss can help you to save your positions from getting liquidated. I got liquidated twice 100usd each.
No one can predict the exact price movement. So if you dont want a stoploss you are gambling your money.
Stop loss is very important if you want to trade wisely. Stop loss saves me from losing more money, and this one works for me but of course you need to have your own strategies and techniques to manage everything. If you don't know what to do when the market dumps, better not to panic and assess your strategies or look for other way that fits on your trading style. Some don't use stop loss at all but they still remain profitable because they are buying at the bottom price and sell at the peak price. Since market price is not stable, stop loss is the best way to manage your losses. |
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As the title says, does it happen with you as well? Or just it has been happening with me? Not most of the time, but every time it has been happening with me. Although I sold my holding in profits somehow after sold it start to pump more and more. It's not happening with altcoin only. It's happening also in the Bitcoin trade. I do not regret but it's somehow surprising to me. Either I don't have enough patience or I don't have enough experience.
Does it happen with you? Or just it's happening with me?
it will always happen because of doubts wherein if you continue doing the same way of holding for sure you will miss all the opportunity to gain massive profits. In fact even me i had such experience not just once or twice.. But after learning TA i can see the value of holding and i know which coin is good to hold and coin that there's no potential for long term.. Now i can tell that without knowledge you're not safe, and you know somehow you can fell that you don't need to worry especially if you know that you're at the good coins.. Indeed. It will never stop on pumping since crypto market right now is in a good condition or has a lot of progress which help market price increase again and again. I also experience this after taking profit and it's normal because the market won't stop from pumping even if you already sell your holdings. We don't need to feel bad because we already take profit, only feel bad if we sell at a loss and suddenly the price goes up. I think it helps us a lot if we experience this kind thing. Because experiences will help us learn on what we do next to earn good profit and to know when to sell our holdings. |
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Currently the crypto market has started to stabilize, most of the altcoins have increased, I think now is a very good time to invest because the increase in altcoins has not been very high, but it is better to buy potential altcoins that are in the top 10 of the highest altcoins in CMC.
Indeed. Anytime is always be a perfect opportunity to invest as long as you have the funds that serves as your starting capital for the coins you wish to invest with. Especially now, crypto market has currently started to stabilize, most of the altcoins have increased. Indeed. Now is the good time to invest since altcoins starting to increase. But if you were just into a little or limited funds, you can still work it out by finding coins with desirable prices that is having a potential to grow to be able to let you gain profit from it. Just seize the moment to invest into things that is capable of your funds capacity. Just assure that you are picking only those worthy ones into your portfolio. |
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I started trading by making a minimum deposit of $ 100, offered by the Amarkets broker, and simply tested it for the platform, made a withdrawal and realized that it was possible to work.
Don’t involve any broker in any of your investments. It’s better to start alone at first. And it is not necessary that 100$ will be the starting amount only. You can start with any amount. Moreover at first it is important to understand the market and make yourself familiar with the terms. Then choose the coin, buy and sell it wisely. Hope this helps you mate. Indeed. It's better to start alone first and don't just depend on others. Start with a capital, you should have a capital even if it is just small in order to have some experiences in the market and test things and probably explore the market. Trade only with your prepared money and always set aside funds. Starting with a small capital will help you explore the market and learn something about it. But, having proper knowledge and control your emotions is very important in trading. Patience also is important especially the techniques and strategies you use to avoid losing your fund. |
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I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.
Not very surprising. A lot of people have lost their jobs (especially in the unorganized sector), and they have cut down on their expenses. Even in the selection of food, the preference is now for less expensive stuff. And this impact is more in the village areas, since very few of the population would be having formal jobs. Those who have formal jobs will be protected against job loss and salary reduction to some degree, at least temporarily. That is not the case with those who work in the informal sector. Indeed. This is not just in any villages but I think everywhere. Because of the pandemic, their are lot of people who losses their job, they have nothing to eat. Every countries face the hard time because of covid19. The inflation and economic problems become one of the biggest impacts from pandemic. Food price doubled this year because that is the main need of human being. Everyone need food but the food storage cannot fulfill the demand. Quarantine is also the reason, people needs job and business right now are limited. |
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Subversion comes from the ADA here is what its competition in all respects. I find that after many years ADA still needs a lot of time to build the ecosystem and grow it to be strong. And now we are also starting to see ADA trying to build, but anyway trying to replace ETH will kill itself  Indeed. Market cap of Cardano and ETH are far from each other. Both are great coins but in order to defeat Ethereum, competitors need a huge number of developers and good projects that will work on their blockchain. But as we observe, ADA after many years still needs a lot of time to build the ecosystem and grow it to be strong. If ever it will try to replace ETH, Indeed, it will also kill itself. It is too impossible for Cardano(ADA) to overthrow Ethereum. Maybe Cardano will be famous in the future because it is doing great right now and it is so possible that the name ADA will also be famous and used as Ethereum and BNB in the future. |
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Trading is not a game or gamble It's a part of Business. Trading depends on how much you have money or how much deposit for trading. Patience is more important for trading. So make a plan and choose valuable coin and buy to get profit in future!
It is not a game but it's a business which able to help people to earn through it. Indeed. Trading depends on how much money we have but always remember that you must manage everything around you when you started trading. Trading needs strategies and techniques on how will handle it. It needs patience and knowledge for you to be confident on what you are into because it is very important in trading that you have plans, you have the research skills for you to know what coins are valuable and what coins you choose and buy to earn huge profit in the future. Only trade your prepared money and learn to set aside funds for you to not lose everything. Experiences is very important also for us to learn. |
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It would be great if Binance created its own smart contracts. If Binance is able to make that happen, I automatically believe more people will switch to BNB over other coins.
Indeed. It would be great if BNB created its own smart contacts. Both coins are good and both have an equal value. Both have very good utility advantages and are also still developing that is good and important in crypto world. But, now BNB was really surprising since most of the new projects now prefer smart contracts from Binance namely BSC that is more effective in terms of functionality and transaction fees. If it will stay on what it is, especially having most of new projects and people can gain more profit, maybe there are lot of people wants to switch to BNB over other coins. |
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