Follow Stop Loss method when you are trading .this is the best way to avoid looses.
The purpose of stop loss isn't to avoid losses. You can't avaoid losses. The purpose of stop loss is to cut losses. It is being used to avoid too much loss that you've got from the downtrend. It's very useful for a trader who don't trade all day. well, but anyway, of course there is still a risk in it. even many people have tried to avoid defeat, but are still affected by it. I just feel that this is not anyone's fault, because we never know when it will bring us. It will be our mistake if we will sell at low and we buy low price coin and then sell it for fast profit and never go for holding, so trading is full of profit but miner mistakes can make us suffer allot, to avoid this kind of risk and this kind of profit lose try to make yourself strong and don’t sell your coin for panic at any point. |
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Avoid trading when you are not in need of money in short term,but you can learn the trading when you not have knowledge about it but you need to face any risks happening from trading like loss in money,time need and hard work.
Lol that's a silly thought, we trade to get rich, not to cover the need, if you play trading only when you need money. it is nothing but a game. I think trading is something that is risky and you need skills to be able to profit in it Having awareness and following rules is one of the best tool for making profit in trading as well as in gambling but if you think of making only trading income better think before taking any step ahead, trading is about knowledge and information, if you will have good information I am sure you will get safe profit without any risk otherwise it is like jumping in river even you don’t know how to swim. |
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Crypto future are very bright. Already many countri will accept crypto. Day by day its popularity are increase. The government of some countries is still thinking to accept crypto.
really because crypto is now much lyricized by the government and over time there have been a lot of users that make crypto increasingly popular and have a bright future There is no doubt about future of cryptocurrencies because it is supported by so many investors who are investing their money in it, there are so many sites who gives good information about crypto currency only because it is good and reliable way of investing your money, day by day use of crypto is increasing even bitcoin is now being use worldwide. |
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It started growing again, I think we have seen the bottom of BTC this year.
No it was not bottom but it was a little low price of bitcoin but still it is good time for us to take advantage of situation, but for me everything has happen now and good time is not so far, bearish is now almost over and good time has come, so just like other investors I am holding, until recovery as bull has started to move upward. |
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i dont think that lessons are so useful in crypto market. because i know that the experienced traders couldnt earn enough money during last bullish because of their bad experiences. but some newbies could make very good money.
It is not like this, as there are many things we are learning from crypto currency as we got to know better time management and we learn how to use our time constructively by joining bounty and signature campaign, market when get to bearish trend then it teaches me how t o keep patience even at worst situation. |
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I want to invest my savings into cryptocurrency. So I think about the future of cryptocurrency. what do you think? Do you think the future or cryptocurrency is good? Or do you think the future or cryptocurrency is bad?
If this is bad, I shouldn't be here. Cryptocurrency was made for good. Its Blockchain technology will make the world cashless and easier to anybody. This also allows you to make transaction anytime and anywhere at lower cost. Crypto currency is really good for all of us, blockchain is specialty of crypto currency which makes it familiar and prominent among all other investments, cryptocurrency is safe for transaction and it has uncountable benefits which are being use by millions of people and more people are involving with it so for me cryptocurrency has really bright future. |
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To sum it up:
-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.
There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.
So you have suggested really nice things to do, for me your discussion seems to be very useful because you have mentioned good steps for new and inexperienced traders, everyone can trade at time when he or she feels it is time to trade as price of crypto currency trading remain so anonymous and no one can predict it properly, but trading is for everyone. |
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Sir please add my depotwallet address on spreadsheet so sir here is my Depotwallet address: NCQO6J-UOVG6N-RF47YS-AF7KYW-EMGSCR-U6S6IS-WUA4
Thanks in advance.
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Hey dudes hope you are well. I sell a lot of things on Craigslist. I am now planning on putting a couple things up and saying I accept btc or eth along with the greenback. Wondering if you guys have tried this. I
Many are doing this already even in my country. Online shops now are accepting Bitcoin as a form of payment. It's just that the shop hired third trusted party to do the transaction between the seller and buyer. We are now getting to more wide adaptaty of the crypto, even in the simplest way, Bitcoin has it's use already. This only mean that Bitcoin or crypto has a really bright future. Having no third party for payment is safe way of paying for goods in our life because this will give you surely transparent payment and you will stay in touch with your wallet directly anytime, so have faith on cryptocurrency and you can use it for paying anything online it is safe no one can take or detect your extra money but only you can use directly from your phone which is so reliable and easy. |
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You should be know first how to minimize the risk from wrong trade because in each open potition will be not possible all of that will make profit , but some of that will be failed trade. So you have to understanding how to use stop loss in crypto exchange, this is the most important thing in trading and apart of risk management.
absolutely right and I agree with you because to have a very good and fast success trade must deepen the knowledge of the crypto world because of the big risks. so you also have to be patient and never panic when the market goes down because if you panic it will make you lose money So this is nice suggestion mate because most of time new traders use to sell for panic as when they see price is falling they get emotional and before trading we are told by expert traders to have patience and never get emotional as in treading emotions only discourages so newbie’s should have patience and choose only promising coin, don’t trust blindly, better to trade for long term only. |
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Panic selling for me is the worst. You never think that we can still patiently hodl for the sake of profits. If we panic sell our own tokens we will be deficit and our goal here is to have profit, not the other way around. It is okay to hodl it longer as long as you still follow your target profit. Sadly, when they see a big red candles, many traders are panicking and will FOMO.
Yes because if we will sell our coin at panic it will be full of lose by our own hands so panic selling is worst according to me, as clear it is if you buy something to make money and then suddenly price falls more than the price you bought it, so selling at that price is really foolish decision and infect you know price will rise very soon, so in such situation you should hold with patience. |
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The very essence of going into any trade is to actually make profit, but most of the times, the reverse is the case and we end up incurring losses due to one reason or the other. However, i think one of the most common used strategy in making profits, is to buy low; hold and sell at a profit; disregarding any ups and downs of the market.
You have given us really good points that most of time people listen to other which is not good, because not everyone is our well wisher and most of time people will distract you from your aim of holding, better make your own research and spend time in market, learn from your mistake and make sure not to repeat any of it again every so your investment will surely end up making profit for you. |
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of course, I believe that crypto currencies can actually help the economy of the crypto currency traders.
the government should support both those who can seek profits from trading crypto currencies.
No doubt, there are so many people who are daily earning only with help of crypto currency trading, so surely government should support all traders as trading is making our life so easy and giving us better earning facilities so try to involve in trading if you have no other way to make money for your family as in so many countries trading is official job and it reduced unemployance from many countries. |
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I can relate to that experience very well. If only I had an experience before in trading like in stocks then I would know what I would do on that blessed day of all. But I still managed to make a good profits from small amounts but the part that I hate is that this waiting will consume too much of time.
Umm yes well now we will have to wait but I think there is nothing bad for waiting, it saves our money even more for long term, as if we will sell now it will give profit but profit will be miner and to overcome the price which was given to us 2017, I think 2019 will also give us better result after purchasing and holding so I am not worry but holding with patience. |
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Hodling was supposed to be a sure way of making profit in the cryptocurrency market or in any other similar market. But as we have noticed in recent times, it is a strategy that has not worked for some existing investors whom the market is still currently against. The risk involve in this strategy is that there is no certainty to the existence of cryptocurrency and likewise, there is no prediction to how high the market can grow or to how low it can fall.
But on a final note, hodling is a risk worth taking in trading, when you have a low entry point.
when you trade at least you already have a risk that will make you fall poor, but you can also become rich, all the risks that will occur in the cryptocurrency can occur and no one provides a guarantee that can always benefit. it is true that the so-called traders and investors of the crypto world would have succeeded if they would have brought us all fast and poor too fast. so crypto risk is indeed great as well as the benefits we will get are also large in proportion to the risk For me this is not risky but it is way to avoid risk because we will have to wait in worst situation, risk is part of life and part of every business I know it but even then I must day there is nothing to be worry about holding as since long history of crypto currency says holding is only best decision to make bigger profit safely. |
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Which is the best time period in a day for Crypto trading, where more traders participate in trading??
In the first place, there is no luck in trading. In short, you can get profit daily in trading also you can loss profit too daily if you will become neglectful. That's why in trading as a trader you need to be flexible and full of knowledge while doing trade in the actual platform, like you know how to analyze the graph and observe the volume market too. Day trading surely needs allot of knowledge and information about market only then you will be able to get profit out of it otherwise you will only suffer, so you cannot fix perfect time for day trading but you will have to spend most of your time and stay online, according to my research every single moment of our day is important for day trading. |
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Bitcoin has been struggling since 2018, and this situation does not seem to end soon. However, many experts, investors and analysts predict a bright future for Bitcoin. Before the price of Bitcoin soars, the current price may be the last chance for potential investors.
I also can see that price of bitcoin has started to rise again because entire crypto currency system has been made on round circle which repeats every time as if today price is low and it is available in market at cheap price to buy so it is surely there after some time at high price and then it will be able to sell so it is normal process no need to be worry about it at all, better if we keep holding with patience and wait bull is on the way. |
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Low bitcoin price is a good "for a moment". Many months are now past and still the price of the bitcoin is still low. It's seems that new investors are afraid to buy bitcoins due to its volatility. The people are now losing its confidence to buy bitcoins because of its value that it is still low.
For me volatility is not bad thing infect I am happy if price use to keep on changing and rises after falling and gives us good opportunity to buy at low and sell high, new investor are afraid of market low price because they are lack of knowledge otherwise they should take this advantage and buy some coin so that when price will rise they can sell high but still the problem is only lack of knowledge. |
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There are a lot of information that you need to learn before you trade cryptocurrencies. I advise you to read posts and articles in this bitcoin forum especially in the section of trading discussion. You can learn many techniques and strategies that are really useful from professional traders.
In addition to it there are so many websites which gives good information about trading and it will improve your trading skills, so try to increase your knowledge as in trading the only thing which can give you fruitful result in trading is your patience and your knowledge that’s why try to watch videos related to trading and try to have conversation with expert trader. |
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I think you need to start to learn the basic and try to see the fundamental of the coins that you invest, most of the coin that you mention are not a good coin, its advisable to start trading with a small amount but stronger coin like bitcoin or eth, if you want to learn to trade then start with the chart, and follow the group signal, start building your experience by learning from trading directly
Surely bitcoin and ETH are best coin to invest your money in for long term trading, if you will buy so many coin but with zero market value and no surety of rising in near future then it is useless so instead of it I would prefer investing in bitcoin with small amount but to trade for long term as it will give more time to learn some basics of trading and earn good future output. |
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