|
Each and every user who are successful in trading could have faced several disappointment. This is just a factor that's common with bitcoin trading in specific just because of the fluctuations happening with time. Being a good trader needs lots of patience as well a courageous mind to accept all situations.
|
|
|
|
|
Investment is not a game of certainty and having an investment, is not really a bad thing, but investing all your savings, might not be the best of ideas. Considering the fact that you have the resources/fund to invest, i would advise you put part of it and not all, such that when it doesn't turn out well, you would at least have something to rely
|
|
|
|
|
When bitcoin prices go down do not worry just because when the price goes down it's your chance to buy it buy as much as possible and keep holding it, because one day bitcoin will rise again and that's where your opportunity to sell it at the price you want. because the development of bitcoin lately is always increasing and the price is always going up so if there is a chance bitcoin price at the time down it's a chance to buy it and sell at the time the price goes up again.
|
|
|
|
|
That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.
|
|
|
|
|
The first you have to learn basic knowledge about cryptocurrency and the history of coins. The second, preparing the trading skills. The last, practicing every day. 3 this steps will help you get money.
|
|
|
|
|
once we enter in bitcoin trading we need to learn positive thinking and patience because trading had no only profits it has losses also. so for that reason we have to maintain some patience also. who are started to trading like that people try to get mature their mindset. and every day absorve surroundings share markets then getting idea on trade business. we have to learn every day new things from trading. in trading profits and losses very common so you have to take both are equally. don't leave your hope and patience in this field. so maintain some patience and hold bit coins.
|
|
|
|
|
If you are an investor then you don't have to worry about it. This might also be a good opportunity to buy and add some holdings. On the other hand, if you are a trader then you must have a stop loss on the other hand to avoid from losing more or worst burn your whole portfolio down. As a trader you must have a precautionary measure and back up plan for this scenario and I think the best way for this is to have a plan if you are willing to cutloss or add some holdings to lower your average. It is case to case basis and really depends on how can you take risk. But for me, if for long term then I just close my portfolio and spent my day outside. Emotions can be a crucial enemy in any trade and better learn how to control it.
|
|
|
|
|
Trading is two-way process system. You can gain something or sometimes you lose something. Just like the saying says, no victory without sacrifice. It pretty normal to lose money in trading, specially to starters or even to some expert. Its part of the process. You can learn something everytime you lose money in trading. After you lose, you can make better decisions in the future. That's why don't invest an amount of money that your not ready to lose.
|
|
|
|
|
Patience and Holding should be done seriously otherwise you will not get maximum results. Sometimes traders can not wait so what they holding assets that will be sold as soon as possible because only facing little problem and also get panic.
|
|
|
|
|
in trading altcoin iam use reseach about altcoin with announcment in bitcointalk forum
if trade bitcoin iam use indicator meta trader 4 use analys price
but is true ready news is big impact price
|
|
|
|
|
Holding is better than selling, because the price will be higher most likely in the near future, so if you hold for some other months you will make good earning, and surely more than selling today. You can trade other altcoins and sell them because their prices are more volatile than BTC
|
|
|
|
|
Why fear if you HODL good coins ? being fear about this can't help you on your financial needs. Holding is really and investing that you are taking risk for a brighter future and if you really HODL bitcoin then you probably nothing worry about because this is our future.
|
|
|
|
|
I deal with loss by going out and having some fun to relieve some stress. I don't stress myself more when i get a lot of losses in trading because that will make the situation worse and i will just keep blaming myself so i just go out and eat some delicious food to relax because that is how i calm myself, by delicious food. lol
|
|
|
|
|
I am not in favor of investing all the savings in bitcoin because there is still some doubt in bitcoin future and one should not invest all his money in bitcoin because if there is any upset he will lose all his investment, therefore I suggest to all the people to investment some part of your savings in bitcoin and not all. You should keep some money with yourself so that you will never face financial problems in life.
|
|
|
|
|
For i have considered it to place all my funds in bitcoin. But i am hesitating because if there's an emergency my funds will be in bitcoin, what if i need it instantly i don't have time to cash it out because it's in bitcoin. Also, not all business, stores, hospitals, and pharmacy are accepting bitcoin yet.
|
|
|
|
|
If you are an experienced trader it is definitely not going to be afraid to losing money in trading, but I think you do not need to sacrifice your money to succeed in trading. If you are an experienced trader I am sure you will not losing in trading you do because you already have many strategies for trading.
|
|
|
|
|
Often, daily trading helps trader get a quick income, but sometimes it also makes a lot of losses due to the sensitivity of the market with the bad news will cause the coin to fall continuously. In order to earn good income from trade daily, you should learn more about candlestick chart analysis to find out the best buy price to sell the most profitable.
|
|
|
|
|
Buy cryptocurrencies and trade them in the market by buying and selling them to make profit and that is how simple is creating money with the cryptocurrencies because it doesn't need too much money because even the right management of your capital and great buying and selling would be enough for you to make tons of money.
|
|
|
|
|
Without huge investment and starting capital this is almost impossibe to achieve. 1000 bitcoins was very possible for early adopters but today it seems.like.mission impossibe.unless you are ready to invest a lot, take a very big risk and have a lot of luck. Or if you are performing some.illegal activities which I wouldn't suggest.
|
|
|
|
|
Show Posts
