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Author Topic: Learn lesson then Shine in trading  (Read 2844 times)
neonshium (OP)
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October 03, 2015, 09:51:29 AM
 #1

Many people ignore trading of bitcoin just because of fear of loss.
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?
n2004al
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October 03, 2015, 09:57:14 AM
 #2

Many people ignore trading of bitcoin just because of fear of loss.
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?

I am a nothing in trading so my thought cannot be make as a reference. I think that it is very hard to do trading and some lessons cannot offer the needed capacity to have profits. For more "huge profits". I can write impossible but can be someone very gifted that can arrive this but 99% of the others no. I think it is impossible. Needed a good adviser and to much practice to have the necessary abilities to earn almost continuously in trading.
coinplus
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October 03, 2015, 01:12:18 PM
 #3

Many people ignore trading of bitcoin just because of fear of loss.
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?

Yes. I agree. But people makes lot of money in bitcoin from their smart work when we compare same type of opportunity in dollars. That's the reason we lack in volume in bitcoin trading.
May be it would take some time, like forex bitcoin trading also go as a main earning source.
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October 03, 2015, 01:24:46 PM
 #4

Trading doesn't have to be that hard. Especially when you just buy low and sell high a few weeks later. Every one can do this. Beside that, trading isn't a proven method for quick profits. For every person who makes profit, there are several people making a loss. If everyone was a pro trader then there wouldn't be any money to be made.

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October 03, 2015, 01:29:08 PM
 #5

bahahaha wow you guys make it seem soooo easy nobody loses money trading  Wink
Mickeyb
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October 03, 2015, 01:40:16 PM
 #6

Trading Bitcoin and alt coins in general has become much harder lately. Volatility is gone and that's a main thing you need for trading. Bitcoin has been relatively stable in the $200-$300 area throughout the year. Also alts are in a complete depression. They keep going down constantly so that's hard for trading.

I am not complaining, screw the trading. I love more that Bitcoin is stable than that I would like to earn some by trading.
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October 03, 2015, 06:47:25 PM
 #7

Many people ignore trading of bitcoin just because of fear of loss.
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?

Nope, I disagree with you completely. It's not easy at all. It's anything but a quick money making process.

You're trying to predict the future and it's almost same as gambling if not exact and I have seen the best of the traders/gamblers fall and it's not pretty when it happens.

If it were THAT EASY, you wouldn't be here telling people to do it.

Have you ever done it yourself?
Practice what you Preach.

 

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Preen
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October 04, 2015, 07:47:37 AM
 #8

Trading is not for everybody.

You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
CoinBateman
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October 04, 2015, 07:50:46 AM
 #9

Trading is not for everybody.

You have to ask yourself, whether you can deal with seeing unrealised loss for a while.

This, and having the discipline to know when to trade, and when to sit out to wait for the best setup possible.

It has taken me 2 years to become a profitable trader, and I'm not going to pretend like I don't make losses because I do. But its about managing the risk/reward and knowing when to cut your losses before they become big. Live to trade another day as it were.

Since the relative stability of BTC, I like many other traders have moved to other markets where volume and volatility can be found every single day.

If you want to find out more, do hit me up a message.

@CoinBateman | Killer Crypto Instinct
koinsuka
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October 04, 2015, 08:19:38 PM
 #10

do not be afraid to make trades because we can try
without capital with a demo account first to learn to
recognize the system

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October 05, 2015, 10:15:59 AM
 #11

Trading is not for everybody.

You have to ask yourself, whether you can deal with seeing unrealised loss for a while.

Yes, everyday traders loose more often. So we must choose a perfect entry to trade for a day. This way we can eliminate everyday tradings. Those who has strict plans and ideas to the trading, they will make handsome amount of profits from trading. So, avoiding daily trading is the best option.

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maokoto
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October 05, 2015, 03:52:38 PM
 #12

It is not as easy.

Yes, buy low...but What is low? which seems "low" today can be much lower tomorrow and even lower in a week.

At least for sell "high" we can define it as being higher to the price you bought, but again, it could go much higher.

Low is very relative. At least in traditional stock market you can "value invest" and know that a company is really lower than it is worth. But with coins it is hard to know that. Very hard.


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October 06, 2015, 02:56:15 AM
 #13

bahahaha wow you guys make it seem soooo easy nobody loses money trading  Wink

I think all these people thinks any one can make easy money from trading but in the actual fact over 80% people lost money in currency trading. If you want to make some money then do not go for day trading instead trade for long term then yes one have an opportunity to make some money but definitely no for day trading.
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October 06, 2015, 06:33:58 AM
 #14

Trading is not for everybody.

You have to ask yourself, whether you can deal with seeing unrealised loss for a while.

trading is only for big manipulators, i learned this even with fiat, where the trend shift at will, probably at their will, when the trend shift you're fucked, you will lose big
n2004al
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October 06, 2015, 02:07:10 PM
 #15

Trading is not for everybody.

You have to ask yourself, whether you can deal with seeing unrealised loss for a while.

trading is only for big manipulators, i learned this even with fiat, where the trend shift at will, probably at their will, when the trend shift you're fucked, you will lose big

I think that this depends from what you trade. If you trade fiat money you can have profits (even big profits) only having an untold and reserved news about something that will happen for sure and connected with one of the fiat money. This "secret" can change the price in one exact direction. Knowing this direction can make you have to much money without doing very few thing and without being a big professional in trading. Only doing the right action before the happening of the expected event.
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October 06, 2015, 04:11:57 PM
 #16

do not be afraid to make trades because we can try
without capital with a demo account first to learn to
recognize the system

Yes trail account are for that reason to get rid of our fear of loss. As OP stated many people are simply ignoring trading in bitcoin just for fear of loss. But trading usually have huge potential of bitcoin earning. So, test your skill or luck with demo account, if suits continue in real account.
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October 06, 2015, 06:33:20 PM
 #17

There are risks with cryptocurrencies just like with forex or the stock market. You cannot predict the future so it is still a gamble.
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October 07, 2015, 01:25:38 PM
 #18

There are risks with cryptocurrencies just like with forex or the stock market. You cannot predict the future so it is still a gamble.

Yes. Trading in either forex or stock or in bitcoin, poses some risk. But still people are willing to do that just by considering the profits we could make from the little risk we take. That's the reason there are more volume in exchanges.
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October 08, 2015, 05:02:48 AM
 #19

No,i would say you can't make money so quick by trading..Trading takes time and experience to develop some serious strategies and the value of bitcoin doesn't rises much like in earlier days..Now may be the movement might go to 3% in 24 hours and that's not much profit unless you are trading with large bankroll. Cheesy
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October 09, 2015, 08:49:08 AM
 #20

There are risks with cryptocurrencies just like with forex or the stock market. You cannot predict the future so it is still a gamble.

Thanks for your post. I don't trade and i don't understand nothing from trading. I want to believe you. But I think (thoughts Of someone who haven't trade never in his life) that trading is a little different from trading. The price of various cryptos can be "manipulated" from big players or owners (or developers) of the crypto is question. In gambling there are no possibility to do this.
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