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Author Topic: ow complex is crypto trading with the current market pattern?  (Read 220 times)
shinratensei_
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September 14, 2024, 02:58:30 AM
 #21

Quote
on another note, I think there's nothing wrong with being an active trader, this is only matter of separation of capital, just get 5% of our overall portfolio for trading to manage risk I think it will be fine.
Be an active trader costs you a lot: time, health, and money as most of traders fail and lose money; but they have common things like wasting too much time and are not physically active enough so consequently they have health issues.

Quote
being active trading means it could help us accumulate more and more money on the side to invest, so the investment become faster in capital growth.
but just be sure that we can make profit using small margin/money first though otherwise we gonna waste money while grasping how market works.
Nope, trading is to get profit and use it for enjoying your life. Trading should not be connected to investment and if you think you are trading to get more money for investment, I disagree. As warned, trading is risky and can take money away from you, so it only makes your investment adventure more difficult, not easier.

I'd argue that swing trading and buying only when price fell off too deep is significantly less risky than daily trading and it's still considered active trader and this has helped me massively in building my portfolio.

I guess the fact that trading isn't exactly for everyone like as you said it can be mentally exhausting for people who are just impatient and can't endure seeing their capital tanked can be the main reason it's better for someone to not trade at all.

but for people who just got the grasp of how market works somehow, just occasionally buying the correction is fine.

I've seen many doing exact thing and it worked out for some.

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September 14, 2024, 09:36:52 AM
 #22

All I think is that bitcoin price will increase in 2025 but bear market will also start after a massive bull market in 2025. So the bear market may also begin in 2025.
Technically we may consider like this: massive bullrun will start in 2025 and then we may see some corrections followed by the bullrun. Because, no trend is without any correction. When the correction is not giving any room for another bull market, we can assume that bearrun has come to effect. Usually bitcoin market peaks in November or December and then bears slowly comes to action.

Many of us believes that it's where the actual bull run will start. It's kind of confusing but we're in a bull run but peak might be seen by that year.
Yeah, that confusion is due to improper current cycle. In all previous cycle of bitcoin market, we did not see a new ATH in halving year but this time we witness that. There could be multiple reasons for this like introduction of ETF or bitcoin failed to peak up to its usual growth like 10x or 20x because of slow down in economy due pandemic. By combining all these, I speculate about reaching out $100k levels before end of this year as well.

Expecting a market to trade within a pattern is not sensible. The direction of a market and its peaks and downs are always unpredictable to any market and bitcoin market cannot be an exception, I am sure.

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September 14, 2024, 08:19:09 PM
 #23

<snip>
Majority of us here prefers spot trading, I mean it can easily be understand by anyone and that's where the money is going to be made. But I prefer to trade using a PC or laptop as opposed to mobile phone.
I might agree with you especially about the majority of users, but we don't have valid data to make that kind of conclusion. You and I like spot trading, while others like future trading or maybe both at the same time. It's up to them which one they prefer to trade, essentially the goal is that they both want to make profits with different risks.

I like the simplicity of a mobile view when trading, but that doesn't mean I can't trade from a PC or Laptop. I tend not to have time in front of my laptop due to more busy outdoor activities, so trading and monitoring the market via mobile is my preference.

<snip>
If you know how to choose which coins for spot trading, it could be very good for you and even take advantage of the price volatility. I'm not expert in trading, and so I don't dig with future trading. But I have nothing against those who play with future and using leverage to make money, but every individual is very different.
Just like you, I tend to avoid trades that have a high risk of taking a loss. Futures trading is not for me, but I can learn by understanding how it works and profit from it. If you are used to futures trading, then spot trading will probably make you bored more quickly. However, most future traders find it difficult to control their greed and desire to play with high leverage.

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September 14, 2024, 09:01:22 PM
 #24

Crypto trading isn't really that complicated, people make it out to be something that is complicated but it's actually quite common and nice and easy, I have to say that it is not really that weird. I know that sometimes when you look from afar it looks like it's something that would take years to master, but if you dedicate yourself then you could become an amazing trader within one year and that's the important part. I know that it doesn't always feel that way to many people, but it's easy task and shouldn't really be a bother to many people neither.

I just hope that people could see how easy it could be with given enough time and support this. If you really want to be a trader then just focus on what you can do within a year and how much you can dedicate yourself. Between learning how to trade and also gaining some experience and learning from your mistakes, it should become a second nature to trade well eventually, just need to focus yourself into it.

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September 14, 2024, 10:57:31 PM
 #25

I don’t think you’ll find any event gifting free laptop easily else an organization that’s just willing to gift people although I can’t tell if yours is different from mine, maybe op is referring to trading event. About the price, it all  depends on the coin but, for bitcoin it’s under probably if 2025 will be the year, we all are expecting something bullish from bitcoin market but not to an extend of gaining full confidence. What ever happens now or next year with bitcoin price can’t be predicted rather we just keep our hopes high.

I mostly trade based on events, and I love to trade with low leverage if it's futures, but with high capital to prevent liquidation and secure my rewards whether there's a loss or profit.
Your idea is alright but what I find interesting is the fact few traders still trade with past performance, I don’t know if this work for most people always because it’s obvious you don’t get all right even when using a good strategy.

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