#PROOF OF REGISTRATION Forum Username: Sihab76 Bitcoin URL: Join Campian: Signature BEP-20 Wallet Address:
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Hey guys! I wanted to compile a post from past and current information given to me by others and advice given to me by others.
If you had cryptos in the past and could have made lots, to kick yourself over it. If you get caught up over what could have been, you will go insane. So focus on the current time. Good luck!
During cryptocurrency trading you may face losses at different times but in that case you must be patient. Again, when the market is in a good position The decision has to be made by understanding the situation in the market.
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When the market goes down, you have to buy more and sell less. I have to sell more and buy less when the market is up. Moreover, during market up and down, you have to make a decision by doing project analysis.
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It is completely foolish to expect from trading that there will always be profit. There are two aspects to every training, on the one hand if you expect profit and on the other hand you have to prepare for losses. Moreover, only extra knowledgeable people get profit from trading.
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It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose
It is normal to have losses in trading but it is wise to be able to control the amount of losses. However, for every trade you must keep in mind a few things. In doing so you need to keep an eye on the market, keep an eye on the future development of the coin, above all you need to have complete cognitive prior experience.
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It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.
An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;
HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?
Trading is a risk management that you may be able to control easily but before that you need to be knowledgeable enough and have previous experience. Without experience you can never expect anything better from trading.
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Holding and selling will depend entirely on the market If the market is in a good position then you can sell your saved coins in the market. However, if the quality of the project is good, then you can save a long time.
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The current position shows that where you invest you will get benefited. I would like to invest in a few coins at this time - Ariva and Raca seemed to me the most potential. Since there are over 11,000 coins in the current market. So my opinion can not be matched but if you analyze then you will get better idea.
If I had enough money, I would invest in a few coins. I used to invest in written coins. I invest $1000 dollars on dogecoin I invest$1000 dollars on Bitcoin 1invest $1000 dollars on Binance coin I invest $1000 dollars on ripple
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I like to trade sometimes with Meme coins but not always. Because since there is nothing fundamental. If I make any profit by trading ,I will go back. There are several popular meme coins in the current market among them Doge coin may be a good investment for the traders.
I don't like to invest on meme coins because a few weeks ago I invested a project actually meme coin named Goma finance but now it already dumped more than 100 times than my investment amounts.
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When I was a newbie I loss my money by trading my worst mistake was I traded without any knowledge about trading and crypto so I also suggest you if you are new. first, get the knowledge of crypto trading because it is so difficult without experience and knowledge you will lose all money .
When you were a newbie then you have a little bit knowledge and experienced about cryptocurrency trading platform, projects and exchanges. But now you have enough knowledge and experienced then you can now get profits from every trade.
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Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
Cryptocurrency trading is very risky but every business has risky but if anyone has enough knowledge and experienced, he should reduce the amount of risks and losses.
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Of course new generation of investors preferring more into gambling section because recently most of the projects launching on gambling and Play to earn . They are passing their time by spending gambling and Play to earn gaming platforms.
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The lesson I have learned from cryptocurrency trading is that you will never lose heart. An important factor in trading is that you invest when the market dumps When you pump, you will sell the coins you have invested in the market.
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I used to face consistent losses early in my cryptocurrency trading life but now I have gained experience in trading which is why I don't face much loss now. Moreover an experience can bring you a lot in trading life.
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We invest in some projects by analyzing road maps and future development charts. If they choose the centralized exchange then I. I fully invest in that project without any hesitation.
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Holding on to some coins for a long time I have faced a huge loss which I will never be able to recover. However, the wise thing to do is not to store certain coins for long periods of time. If the market is up, it should be sold wisely.
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Staking is the best way to get profits without trading because staking just fixed deposit . We can only check the fixed interest rate frequently after depositing some dollars on staking.
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I tried trading Bitcoin a couple of years ago but quit after I lost $300. What advice do you have for me if I decide to start trading again? Thank you!
It is normal for you to face losses from time to time as it is not always wise to think of making a profit on cryptocurrency. If you are a good and experienced person then you can easily face this situation. Cryptocurrency is always uncertain and you will never know its future.
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What is the best strategy to prepare oneself before entering the trading market?
You must have previous experience before entering cryptocurrency. If you want to trade in cryptocurrency, you must be moderate and patient. Never go for trading out of emotion.
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The current prices at any given time, how do you know if they are going to correct or are already corrected?
Like the prices atm.
It is never possible to know in advance about the cryptocurrency market, but if the future development of some projects is followed properly, the project can go in a good position. There are some cryptocurrency exchanges that are a must have, for any Affiliate, promoting any program.
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