senyorito123
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June 01, 2017, 08:49:36 AM |
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Trading cryptocurrency is awesome stuff but very very scary. Believe me this thing can ruin you if you don't have a strong heart. Trading Altcoin is definitely not recommended for people with history of heart attack especially if you're day trading. I have two price notification apps, man those things nearly killed me. I ended up disabling notifications for all the coins am holding except Bitcoin
Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.
I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now. My aim now is to hit $500 before the end of this year, so help me God.
Hope this inspires you to start trading no matter how small
This feelings are normal if you dont have enough experience in crypto trading field. With good plan you dont even need to stare charts and check prices on every 15 minutes. But only thing matters you earned something from this activity. I advice you next time dont even think about your last position. Just set up your platform,buy/sell whichever market you want and forget about it. Stop loss or take profit will do it's job.Good luck ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Eventhough you may have certain experience on trading but still you cannot eliminate the fear of lossing since we never know what will be the movement of the coin we desired to hold and also you are right in some instance since we should be knowledgable so that our fear will be lessen aswell we should make sure that we are investing on potential alts that has been listed on top 30 on coinmarket cap since for me that is my bases on potential alt to be hold. And my Habits in trading is I always secured my capital and the profit is been rerolled so that I will not be hurt for big loss occuring on its bad flactuation.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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June 01, 2017, 08:51:27 AM |
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Unfortunately it looks like the blockchain tech surge is finally reaching its peak. To be honest it was just empty speculation - you could have literally picked any coin in existence and held it for a couple weeks and you would have more than doubled your money. Even the most obscure shitcoins in existence have got pumped, all at the same times.
Christ, the Internet is weird.
Anyway, good luck OP. Don't get caught up with all the high gains - they can't last forever. And make sure that a lot of your profit is realised, in case something bad happens.
It's a risky game you're playing. Just make sure it's based on skill rather than luck.
1. I don't agree it has reached the peak. Yes, this was a peak but there will be others. 2. I agree this peak will mislead people to think trading is easy. All the coins (almost) went so high, even silly ones. So maybe in peaks, it is good to buy cheaper coins and sell and stop and wait for the next peak:) 3. Always keep profits, and expect to fail at some point:)
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BitcoinHodler
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June 01, 2017, 12:32:59 PM |
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it is great, isn't it. specially these days. but it takes a lot out of you. i am mostly day trading altcoins, or generally joining the pumps and jumping out of the train before it reaches the destination. but that also takes a lot of time and has lots of stress. i usually give it up but the profit and my greed brings me back ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Unfortunately it looks like the blockchain tech surge is finally reaching its peak. To be honest it was just empty speculation - you could have literally picked any coin in existence and held it for a couple weeks and you would have more than doubled your money. Even the most obscure shitcoins in existence have got pumped, all at the same times. Christ, the Internet is weird. Anyway, good luck OP. Don't get caught up with all the high gains - they can't last forever. And make sure that a lot of your profit is realised, in case something bad happens. It's a risky game you're playing. Just make sure it's based on skill rather than luck. actually i think the risk of what i am doing is less than investing and holding longer term. for that a lot of things can go wrong in altcoins. they are so susceptible to manipulation and big dumps by their whales. specially if a big news about bitcoin comes out. and when i say i am joining the pumps i mean i am going in only if it is early on in the pumping process not when it is all pumped and reached the highest possible.
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Holding Bitcoin More Every Day
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capoeira
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June 01, 2017, 12:34:28 PM |
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If you think winning is stressy, than never ever baghold. but you will, everybody bagholds once. you will almost lose your mind. those things every trader goes through in the beginning. when you are more expirienced your heart barely will acelerate anymore. and: never ever, ok perhaps once in a while, "trade" your sleep for trading.
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Insanerman
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June 01, 2017, 12:59:04 PM |
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Trading is all about patience the only problem most of us face is we get nervous and in order to prevent further loss we sell low. The only thing we should remember in trading is stick to a target. For example if you bought at 100$ and your goal is to sell at 150$ wait for it i can assure you it will hit , i mean in most of the big currencies like dash , ltc with high volume trading. Shitcoins can take a while or maybe never recover but trading is all about risking.
This is true, patience is really important. Also, time really can help for long term trade. But trade only with known coins or at least those that are top 10 in coinmarketcap so that it can be stable. To OP, you are doing well, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Keep up the good work. Really it is very exciting and thrilling in cryptocurrency trading especially when whales are active.
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Ucy (OP)
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June 01, 2017, 01:02:20 PM |
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I am in around $400 loss with Ripple but I am holding them strongly and today XRP got green candles so I am quite sure I will be in some +ve within next few days. Holding your alts and buying more during correction is best and easiest trading strategy anyone can follow. Congratulation on your trading profit... Exactly sir. Have heard lots of favorable news about Ripple recently. Am really tempted to buy just waiting for strong signal. Good thing it's a great coin. It's current level can be never be the limit.
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piloder
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June 01, 2017, 04:52:58 PM |
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Exactly sir. Have heard lots of favorable news about Ripple recently. Am really tempted to buy just waiting for strong signal. Good thing it's a great coin. It's current level can be never be the limit.
You have actually missed the good entry point for ripple which was around 9000 satoshi few days ago. I have bought few at that level and already in profit but I am just willing to sell them at atleast 18000 satoshi, I have gone through few technical analysis for ripple and all of them are suggesting above 20000 market price by end of june.
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Ucy (OP)
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June 01, 2017, 08:03:51 PM |
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We must be very careful to trade in the world of cryptocurrency. Trading in a 3x world of cryptocurrency is more risky than forex. We should know more about how cryptocurrency works and less about bitcoin block, etc.bitcoin is created like money but precious like gold
I was into Forex trading, i had loses more than profits, my account eventually got wiped out, I never recovered. Though Cryptocurrency fluctuates alot, there is hardly complains about small traders account being wiped out. Worst still profit from Forex is small.
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amaral1977
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June 01, 2017, 08:20:15 PM |
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Great profit. The problem with day trading if you are weak hearted comes when you have serious money invested. Although trading IS NOT gambling im making a comparison. You go in a gambling site and you play with the faucet money you make a lot of moves, if you actually put money wich i dump i think i would have an heart attack:)
Good trades!
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Barbut
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June 01, 2017, 08:23:34 PM |
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We must be very careful to trade in the world of cryptocurrency. Trading in a 3x world of cryptocurrency is more risky than forex. We should know more about how cryptocurrency works and less about bitcoin block, etc.bitcoin is created like money but precious like gold
I was into Forex trading, i had loses more than profits, my account eventually got wiped out, I never recovered. Though Cryptocurrency fluctuates alot, there is hardly complains about small traders account being wiped out. Worst still profit from Forex is small. You need to pay every school, so don`t regret for your loses, be grateful for what you have learned from that. Try to apply that experience and knowledge on trading with alt-coins. I don`t think that trading with alt-coins is harder then to trade on forex, in my case is different. With alt-coins you can trade daily, on concentrate on holding, both ways can make you nice profit if you catch a nice train, and trains in alt world are often.
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Harry Callahan
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June 01, 2017, 11:02:23 PM |
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I think you are stressing out a lot because you are focused on day trading,i would say invest when there is a small correction and then wait for sometime a you will hit the target,to be frank it is the best market for day trading and there are several coins which makes me more than what you earn and it is really easy to hit the $500 mark if you are able to find these coins which are more volatile.
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Razzoel
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June 02, 2017, 07:27:13 AM |
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We must be very careful to trade in the world of cryptocurrency. Trading in a 3x world of cryptocurrency is more risky than forex. We should know more about how cryptocurrency works and less about bitcoin block, etc.bitcoin is created like money but precious like gold
I was into Forex trading, i had loses more than profits, my account eventually got wiped out, I never recovered. Though Cryptocurrency fluctuates alot, there is hardly complains about small traders account being wiped out. Worst still profit from Forex is small. You need to pay every school, so don`t regret for your loses, be grateful for what you have learned from that. Try to apply that experience and knowledge on trading with alt-coins. I don`t think that trading with alt-coins is harder then to trade on forex, in my case is different. With alt-coins you can trade daily, on concentrate on holding, both ways can make you nice profit if you catch a nice train, and trains in alt world are often. Making money in Forex is extremely difficult. I live in Canada and the financial requirements to trade FX is insane, its truly a system catered to the rich. Altcoins are so much easier to profit off of. Firstly, the price movements are a lot bigger. in forex, the spreads between some currency pairs will eat away your profits. with higher price moves, you will lose less of your hard earned profits due to spread. 2nd, the fx market is filled with established players who have a huge edge over you. Altcoins are a lot more predictable in terms of technical analysis. If you have to choose between FX and trading altcoins, altcoins all the way.
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gabmen
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June 04, 2017, 07:59:20 AM |
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We must be very careful to trade in the world of cryptocurrency. Trading in a 3x world of cryptocurrency is more risky than forex. We should know more about how cryptocurrency works and less about bitcoin block, etc.bitcoin is created like money but precious like gold
I was into Forex trading, i had loses more than profits, my account eventually got wiped out, I never recovered. Though Cryptocurrency fluctuates alot, there is hardly complains about small traders account being wiped out. Worst still profit from Forex is small. You need to pay every school, so don`t regret for your loses, be grateful for what you have learned from that. Try to apply that experience and knowledge on trading with alt-coins. I don`t think that trading with alt-coins is harder then to trade on forex, in my case is different. With alt-coins you can trade daily, on concentrate on holding, both ways can make you nice profit if you catch a nice train, and trains in alt world are often. Making money in Forex is extremely difficult. I live in Canada and the financial requirements to trade FX is insane, its truly a system catered to the rich. Altcoins are so much easier to profit off of. Firstly, the price movements are a lot bigger. in forex, the spreads between some currency pairs will eat away your profits. with higher price moves, you will lose less of your hard earned profits due to spread. 2nd, the fx market is filled with established players who have a huge edge over you. Altcoins are a lot more predictable in terms of technical analysis. If you have to choose between FX and trading altcoins, altcoins all the way. I totally agree. I don't a regular person would find it easy to forex trading much morr for starters who doesn't have a big capital. Altcoins gives chance to people like us to earn nit just a decent profit but in time to earn big. You don't even need to have a largr capital to start and with right research to make timely decisions, you'd be earning quite well in a shorter amount of time
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xhienigat
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June 04, 2017, 12:18:30 PM |
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Good for you and hope you hit your target too. I have been doing the same thing with a much lower capital. Also I've been holding on to some coins for about 3 months now and it really surprised me the profits I gained. We actually have the same target price which is $500, hopefully I can reach that target to in the next few days.
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arpon11
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June 05, 2017, 09:01:17 PM |
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Trading cryptocurrency is awesome stuff but very very scary. Believe me this thing can ruin you if you don't have a strong heart. Trading Altcoin is definitely not recommended for people with history of heart attack especially if you're day trading. I have two price notification apps, man those things nearly killed me. I ended up disabling notifications for all the coins am holding except Bitcoin
Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.
I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now. My aim now is to hit $500 before the end of this year, so help me God.
Hope this inspires you to start trading no matter how small
I also started trading very little like you and I see altcoins trading than forex trading. I have bought over 11 different coins and all come out successfully except one that bluecoin that I lost. Some of the coins give me over 150% return.
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Tap Project
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June 06, 2017, 06:49:44 PM |
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one of the worst parts is if you're used to trading on stock indices. Going from 9-4 trading to 24/7 and any moment "pump and dumps" is truly both exciting and depressing ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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piebeyb
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June 06, 2017, 07:56:46 PM |
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You are just looking for a secure position and buying ETH or Ripple is the best way to earn a profit every day, all trading sites almost have a high volume for both exchanges
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Siren
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June 06, 2017, 10:22:15 PM |
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Good for you and hope you hit your target too. I have been doing the same thing with a much lower capital. Also I've been holding on to some coins for about 3 months now and it really surprised me the profits I gained. We actually have the same target price which is $500, hopefully I can reach that target to in the next few days.
My profit for holding alt coins is still short of my target. Although I'm a late starter, I still giving my self another 2 months to see my actual profit. I hope I can also reached the profit as you guys have so that I would be very happy on my investment. Also I'm still optimistic because the price is going very strong and the trend is going up.
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hasiramasenju
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June 07, 2017, 06:09:53 AM |
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that was a good story and could Inspire for those who will start trading indeed altcoin trading was very risky because if you have wrong step instantly you will losing your money but if you able to utilize and predict the exact movement of the particular altcoins i'm pretty sure you could double your money
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Baofeng
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June 07, 2017, 10:01:05 PM |
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Trading cryptocurrency is awesome stuff but very very scary. Believe me this thing can ruin you if you don't have a strong heart. Trading Altcoin is definitely not recommended for people with history of heart attack especially if you're day trading. I have two price notification apps, man those things nearly killed me. I ended up disabling notifications for all the coins am holding except Bitcoin
Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.
I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now. My aim now is to hit $500 before the end of this year, so help me God.
Hope this inspires you to start trading no matter how small
Ethereum was really a good investment right now. If you have hold it a little longer, you may have x10 with your investment in it. But still a good profit though, and nice to see people sharing their experience so that other like me or newbie will take the risk, jump on trading and see how it works for us. But definitely not for a poor of heart like you said. You need patience and don't be too emotional, otherwise you will not succeed in it.
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