to hone prowess in trading, it is necessary to go directly to real trading. because there will be some things that cannot be learned in demo trading, namely trading psychology. people who learn from the demo and feel they have mastered trading, it is not necessarily that they will be able to survive in real trading. of course this is different and will encounter new difficulties in real trading
Talking about trading psychology, it is a very important thing to learn. Psychology will determine the direction of trading and determine every decision taken. If the psychology is still weak, the trading strategy will not work well. Many trading professionals lose because their psychology is not good. practice and continued practice will make psychology more trained, so it will not be a problem when facing a bad market. This is something that is not considered important by a lot of people and yet it plays a critical role, people concentrate on signals and what indicators to use but they do not understand that if they do not have the right state of mind then nothing of that will matter at all, after all you could have the best strategy around the world but if at the first sign of trouble you abandon the strategy and then sell your coins in panic then you are not going to become a successful trader until you correct your mentality. Trading is not all about its good strategies and skills, thus creating the right mindset to trade and accepting losses is also part of it. There are those traders that are really making profits in trading, but when they start losing in some instances, they eventually lose the courage to trade again. Trading will matter most on how you accept losses than chasing for profits. In the long run, a trader who shows the positive mindset and learn how to accept losses will be able to sustain and ends successful trading, compared to those who only rely on their own skills and strategies alone. But, most traders weigh most on how to gain more profit instead of enhancing their knowledge and skills. Of course, success is not all about having these things but also on why we respond to the market situation especially if we commit mistakes and losses. However, it was very important to work on gaining knowledge and skill as this has big factors that could affect the results otherwise, we are just trading for losing. And it is much more to stop chasing to make profit as the more it going far from us. Actually if they know that by increasing knowledge and skills that's what makes us able to make a profit, basically we can't expect to get profit just without effort, especially in the midst of current unstable market conditions, we have to be smart in finding opportunities to make profits |
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when you write this post, indeed the price of crypto is not in a good condition. but if you look at the latest conditions that are happening, all prices are experiencing good development, which begins with the increase in the price of bitcoin. and surely we are all happy to see this development
Yes, the development of crypto prices does show a positive trend even though the price has not really reached the highest, apart from that current conditions are difficult to predict because at any time market conditions can change, the market hasn't really stabilized and I hope it doesn't happen for a long time |
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I don't think it really does matter if a positive sign of bull is actually bull trap. Anytime i feel like investing on alternative coins, I just go ahead, probably because I know I would make the money in folds at the right appropriate time... even though it means waiting for years.
alternative coins are potential coins, or alternative coins are cheap coins that can be purchased under any conditions, these two things are different in my view, because alternative coins are not necessarily potential, and if waiting years on alternative coins (cheap coins) this is the same As for hoping for a miracle, I think it's highly speculative about the alternative coins you mention, unless expecting the ongoing hype and that too is risky. It will only be a waste of time if you just wait for altcoins that are not sure what the future will look like, but on the one hand actually by taking that risk and later the price will rise it is also a profitable thing, what is clear before investing we must know what the coin looks like every time we start investing, of course we already know which altcoins have potential in the future, so we make a strategy in running it, for me the most important investment in altcoins is the potential value, if we know the potential coins, then the investment will be more focused, even if doesn't make big profit, at least we will get stable profit, that's why i choose potential altcoin Actually we also can't know if it's a potential altcoin or not, of course before that it is necessary to do research on coins and that is an important thing, that way at least we will know the potential of the coin so that it will minimize the risk even though it will not guarantee either |
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Actually both are good, if you can swing trade then do it, if you can't because you're not confident about your current knowledge then just hodl or do stock trading instead. There's no point on using your money to something risky as trading, the answer would depends on your capability as a person who knows cryptocurrency.
That's right, it all comes back again depending on the ability of each of us, I think that's why we need to master some skills as well as knowledge, most importantly it is better to minimize risk because if we just do swing trading without having basic knowledge and skills then it will be risky |
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Since I am a small investor I think the best choice for me is VRA and KCS. If you want you can also see the market. I think you should make a profit by investing a small amount of money here. The current market conditions are very bad, but you can still make a profit by trading on these.
Why should you choose VRA and KCS only? even though there are other coins that are better than that and also very suitable for small investors like you, for example like Matic, Cardano and also Sandbox which can also be very good and profitable. I agree with VRA, because I also hold VRA coins and now I'm waiting to buy back again, if you have big funds, I think VRA will be very profitable, because the Verasity project is a metaverse or Play to earn project that has not been listed on Binance, of course this will be something interesting if you hold, if there is really good news about the listing, then I'm 100% sure that the VRA will go up high, dont miss it!. |
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#Proof of Authentication Telegram Username : @inspiron14 Twitter profile link : https://twitter.com/sungo222Discord Username : Han03#5443 GLC wallet address : EFG281Vz1n6QnX5SGFAredS7WFqAotceY4 |
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15 years is a good number of years to be able to reach that point, I think that with that much time, there's a big possibility that bitcoin will be able to go to 1 million dollar mark. Only concern that I have is that bitcoin gets much more premium more than ever since it gets more expensive, another problem that we will be facing is that if we ever reach that point, we will probably hodl much more expecting the price to go higher.
The appropriate sentence for a holder is "everything will be beautiful in its time", hehe, I myself am also still optimistic in the coming years, this technology, especially Bitcoin will continue to be a perfected technology, Metaverse and NFT are in the Blockchain ecosystem, and of course this will be profitable for Bitcoin, I can still be realistic Bitcoin price will reach $100k to $200k in the next few years, but sorry, for $1 million I still can't figure it out |
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In my opinion a good new altcoin is from the Binance Chain ecosystem, such as Bake, Cake,
and several new metaverse projects such as Sand, Arcona, Mana, and many more coins,
remember to buy coins that are not because of Fomo, but buy coins that are for long term is very good and worth holding,
try going to coinmarketcap and try to analyze the fundamentals yourself
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Will you be satisfied if 2021 ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or would you be glad you bought when the market did a retracement? Or you are still staring at Bitcoin with some sentiment
Honestly, I still hope the Bitcoin price dumps again, because I don't have much Bitcoin myself, and I still only collect Altcoins, one of which is CKB and BTT, because if the Bitcoin price dumps, the altcoin price will also follow, as happened right now, altcoin prices are -7% to -10% because Bitcoin dump prices are under $60k, yes and I'm still hoping for more dumpsso that I can add my favorite altcoins. Buy in the DIPs haha. |
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it's very easy in my opinion to choose a good project in 2021, just choose a Metaverse project like MANA, SAND and ALICE,
and just choose a project with an NFT theme and Play to Earn, because right now the market is excited about these technologies,
especially Metaverse, buy and hold for the long term, I believe 10x in 2025 will be achieved.
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Hello, Im preety new on forum, I posted 99% on my local forum, but now I want also post on international forum.
Im intrested in trading in crypto, cause mining crypto in this days is not profitable. I Want to know how I can recognize right coin, expect BTC, and ETH, how I can recognize some other good coins? How I can recognize when is the right time for buyng and sellig crypto to make most of trades profitable? Is it possible some how exploting some coin and be sure this coin can make 10x, 20, 50x,... in next months?
Sorry if Im spell something wrong cause my English is not best.
you can search for signals about cryptocurrency prices on tradingview, twitter and telegram, there you just start a search with the name of the coin, and there it is free, but you can pay for it with some altcoins too, there are many paid signals on telegram, I used to follow it and it has proven to be quite effective for me to make a profit |
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I have felt this week with lots of hope as the entire cryptocurrency market is on a bullish look and ethereum doing a 5% rise in the late hour of yesterday and at the moment selling for $3,254 which
Is still and good price with many expecting next next altcoin season. what are your recommended altcoins or defi token to invest in for quick profits at the moment.
quick profits must be based on good fundamentals and technical analysis, because not all coins or altcoins increase quickly when we buy them, patience is the key, there are some good Defi projects in my opinion, yes it is ETNA, try investing in this project and wait until the next few months, yesterday it has gone up more than 50%, and there is a possibility it can return to $ 1 |
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TOP Pick?, of course I will choose BNB, because this June Binance has released the NFT marketplace,
and indeed the trend this year is NFT, so there is great potential for BNB to be able to quickly recover from the corrections,
I am a holder of BNB and I do not thinking about this downturn, I'm holding on!.
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it's a weekend, and indeed the weekend is a very confusing situation,
because at the weekend the crypto market will experience a fake pump and dump,
so there will be many wicks later on each candle, which must be strong support at $28k to $30k,
don't worry july till august i will all look good again.
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Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly
you say that BTC will go to $1 when I wake up?, and of course I will sleep again, because it was just a dream!, remember, the price of Bitcoin will never go down to $1, unless the internet goes extinct!, and this world ends, no one will could make bitcoin go to $1! |
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