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You say that I do not agree with the way you do business in bitcoin. If you have determined to invest in it then at least you must have some certain knowledge about it when you invest without knowing it. Invest in something like you take your money thrown through the window. But one way that traders usually use is that they will always sell if the current price falls 5-10% over the purchase price, they will ensure that their capital does not lose too much before making a profit from it.
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I think that trading costs a lot in terms of nerves and mental power. I'm a day-trader for almost a year, and this started to take a toll on me. I learned to accept the losses easily, even if we're talking about thousands of dollars. I don't stress about that anymore. And I think that it is really important to accept the losses as a part of the game and not lose your spirit. I lost almost 70% a few months ago in a crash (I was on margin, so that made things way worse). A few days ago I drew a line and not did I made my money back I even made a huge profit.
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There can be many unforeseen variables for trade. it is therefore important to have tight relationships.
a link and recognize the current platform. it's important to get convenience and a few shortcomings. so I can say that for this topic, 50% of the unpredictable risks include a foreseen risk. because some people do not harm at all. This shows me that some things are not luck.
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I think it's good to invest in different types of trading because of this if you know how and what things you are likely to earn in trading. Trading for me is important because of this I make a big profit. The Watchtower You know the price of the trading you will know if he falls or the price rises. Just my advice is that you should keep your digital currency closed in the trading industry.
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trading is not as simple as people think.its an art.you learn each and everyday do mistakes a lot in emotions and fear.Never be greedy ,get rid of a trade when you 20 to 30 percent profit and dnt look back.Purchase a coin at 3 different prices when it dumped.First secure your trade amount then extend trade time to get profit ..ONE thing mistakes are much common in trading so just learn things with time .markket fluctuate everyday so you have to be very tricky with it .
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Knowing your emotional triggers can help you avoid the problems in the first place. Being able to alter your thoughts and reactions will build your confidence in your own ability to cope. With practice, you’ll be able to turn negatives into positives, and, each time, gain emotional fulfillment.
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For me both because In working in signature campaign where you can earn extra token and develop your knowledge while in trading it is very risky because we really dont know if can be succesful or loss. But in trading there you can earn more profit and build your capital earnings and invest more money until your profit in investing more bigge
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i quit my day job as an accountant. so far, crypto has been good to me. lately i've been seeing blood everywhere and it gives me a good deal of a heartache since i am just new in trading. any advice you can give guys? should i just go back to being an accountant or pure crypto or maybe both?
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As far as i know trading is a lot of hardwork since you need to spend more time in front of your personal computer to monitor. And ofcourse before you let yourself in into trading you should be skilled enough. So why not try to study like reading articles about how trading works because as you have said you are just a newbie. Or if you knew someone, might be a close friend or a relative to brief you about trading.
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I both love and hate day trading. I work on the computer anyway, so I always have a few exchanges open, watching what's going on. I've made some great trades and I've made some terrible trades. The big thing I have to nail into my head and work on is patience. If it goes down, it almost always at some point returns to where it was.
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Trading is not for everybody so it is normal to see a quitter who quit trading because of the lack of knowledge or skill to continue doing it and he or she can't earn anymore because he or she can't really do it because of the difficulty of trading for her or him and that is alright because quitting is the best way to start again for another journey.
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I loss my money in trading through letting my self and emotion ruins my plan, i lost it because of panic in selling to it, because those coin is dumping already but at the other day, it has been pumped again, so if i were you, try not to go with your emotion. Analyze well and look well the chart.
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Trаdе is nоt sо еаsy thаt yоu think. If yоu wаnt tо trаdе thеn firstly yоu must knоw аll thе bаsic rulеs оf trаding. Yоu аlsо nееd tо hаvе еnоugh knоwlеdgе аbоut cryptо mаrkеt. If а nеwbiе hаvе еnоugh knоwlеdgе thеn оk. But if hе hаvе nо idеа аbоut trаding thеn hе must lоss аll his mоnеy.
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My strategy is not up to the expert level now I am trying to take a start in trading for that I am waiting for good amount to take a start. Hold the enough amounts of bitcoin and search for those who want to use bitcoin and those who need this bitcoin. Tell to your friends and relatives if they need bitcoin for online payment to someone.
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Everybody don't know when he start trading but sometime latter he know about trading, How lose big money they teach a huge experience with trading so first time everyone lose and sometime latter when he understand market movement then he make a some money . It is the same case with me when we start trading on that time we don't know how to sell order and buy order then we try and watch video tutorial then we know details of trading.
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When the price of your coin is rising or falling is not the best time to start thinking about selling or holding. Thisb decision shouldn have been made before hand. You must be able to determine the price at which your are selling and the amount of loss you are willing to bear in the case of your coin losing it's value.
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I find it quite difficult to calculate fixed income from Bitcoin trading. Because of each trade, different results.
In Bitcoin trade, loss and profit can happen anytime.
So There is no fixed income in Bitcoin trading but for average profit every month is about 10-30% of capital.
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