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Author Topic: Don't Spend Too Much Time Trading? is that true?  (Read 17490 times)
Blamsud
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August 23, 2017, 07:27:06 AM
 #221

You need to spend more time in trading for you to earn money because if you don't see the graph and the news of each coins then you will be not updated on when to sell or when to buy you need to stock those coins that has potential to increase the price and if you really want to have a good profit then don't be lazy work hard for it.
That's why it's hard to be a trader since possibilities that we might missed those values that we'd been waiting for so better have a time management,it's not necessary to watch it everytime ,if you missed it then just think it's not yet the time.
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August 23, 2017, 07:53:39 AM
 #222

It is difficult to be a trader in reality, because profitable trade takes a very long time to study and analyze information. For me it is too complicated and I prefer investments.

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August 23, 2017, 08:02:16 AM
 #223

Not true since there are tradings i spend lot of time there since i don't want to get lost of my coins when i needed money i spend more time trading my bitcoin into altcoins which is the more time you spend the more you gain profit. Also you must learn on how to predict from the graph of each coin to know which coin has the potential to increase.

Need some more info about this can you explain -  
Also you must learn on how to predict from the graph of each coin to know which coin has the potential to increase.

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i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

Lear it form your mistakes and Stand up with new energy and do it again. All successful person repeat this process
Do not sell coins when coin going down down , Dont forgot someone is buying at that point , because he knows that that coins will grow after a some point
Soranith
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August 23, 2017, 08:47:02 AM
 #224

When I started trading, I can't remove my eyes from the price charts of the coin I bought. So much fear of loosing in investment. Until I learn how to read charts. I learn how to hold coins and when is the time to buy and sell.
When I was a newbie I also did the same thing but I learned a lot as day goes by and I realized I am not good in reading charts so I started investing to coins instead of trading them.
KnightElite
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August 23, 2017, 08:55:09 AM
 #225

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
I think it is true because I always spend my time in trading and there is many situations that I really lose my money and that situation really make me sick because what I have done. I can say that ff we lose our money in trading, there is side effect in our emotional health.
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August 23, 2017, 09:02:36 AM
 #226

When I started trading, I can't remove my eyes from the price charts of the coin I bought. So much fear of loosing in investment. Until I learn how to read charts. I learn how to hold coins and when is the time to buy and sell.
When I was a newbie I also did the same thing but I learned a lot as day goes by and I realized I am not good in reading charts so I started investing to coins instead of trading them.

Agree. It is better to focus on long-term holding on coins which have high potential; day trading is not for everyone and also in crypto-markets price is usually manipulated. But coins with high potential and valid project in the long term increase the price anyway...

GrandpasNaked
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August 23, 2017, 09:33:07 AM
 #227

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

Not to beat a dead horse but yeah staring at the screen and charts when I was a younger trader used to encourage myself to force trades and than I would lose a bit and get scared and close out. THAN I spend all day trying to recoup and lose more lol. Set your alerts or stops/limits and enjoy your day. I like to share my stories or help people so if I can be of help to you or anyone please, please, please let me know!
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August 23, 2017, 09:46:16 AM
 #228

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

You probably got tired and you got bored, so you wanted profit faster which resulted that you lost money. You should try to do what i do when i'm tired, do a bit of trading in morning ( check prices, buy or sell something ) and then forget about them for rest of the day and trade again next morning only, this way i avoid stupid mistakes i would do otherwise.
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August 23, 2017, 02:56:00 PM
 #229

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

You probably got tired and you got bored, so you wanted profit faster which resulted that you lost money. You should try to do what i do when i'm tired, do a bit of trading in morning ( check prices, buy or sell something ) and then forget about them for rest of the day and trade again next morning only, this way i avoid stupid mistakes i would do otherwise.

It's much better to set time and amount that we wanted our btc to achieved so when we look on it and it's quite near on our target then that's the only time we need to monitor. Or if when we just feel it to trade and we know that we already earn then it's still good idea .

cryptworld
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August 23, 2017, 06:43:30 PM
 #230

Yes,that is true.You can't surely know will you earn or lose. But after all that you are losing your time. So if you don't want to lose your time and want to make profit just hold money in bitcoin
Intersan
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August 23, 2017, 09:37:34 PM
 #231

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
This is true, the smart way to trade is to avoid use an emotion. Emotions can't help in trading this is because you can't concentrate to make a right decision. I already experience that situation, I spend too much time to observed the price of coins then trade if I think the price is better. But if the price dump, I can not trade and also when it pump, I want to get more profit. Then lately, I realize that there's another way like setting the price you want instead of observing.

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August 24, 2017, 01:36:08 AM
 #232

I think the thing you did was not so bad. Of course there will be a good side that you will get when you continue to spend your time in trading. Of course with what you do, you will be able to continue to see the ups and downs of prices in trading. The downside is probably over your emotions that become uncontrollable because. Of course you will experience a physical drop that will make your emotions uncontrolled, this can cause you to miscalculate. I think you need to set the time in trading and time to rest. I think you should make it a bad experience that you do to be a lesson, so you do not make the second mistake.

 
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nofuture
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August 24, 2017, 02:10:35 AM
 #233

 Grin ya market up and down everytime ... so hold is good than trade.  Grin
but I think take 30% your fund to trade is very fun. Cheesy

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August 24, 2017, 02:42:58 AM
 #234

Do not spend more time on trading. There is also an autosell where you can automatically sell your Altcoins even when you're offline. Because I just keep on guarding you're up and down and your emotions can bring you and you run into your mind
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August 24, 2017, 07:25:46 AM
 #235

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
Spending more time in trading would definitely benefit newbies who don't have good experience about trading.But,other than that,for others,i don't think that spending more time in trading would either benefit more or give more profits.It is said that professional traders trade just once or twice over a month and they make huge profits than what newbies earn by making even thirty or above trades in a month.
thunderbitz2717
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August 24, 2017, 08:20:25 AM
 #236

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
At least you admmited to yourself that you'd became stupid for your past wrong decision. Well, anyway basically I don't see any wrong if you spend much time into trading especially if you get profit in it. But if you have a job, you must manage properly your time to trading activity and into your job.
The_prodigy
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August 24, 2017, 09:27:03 AM
 #237

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

I think it is also best that you spend time on trading not neccessarily using trade but just learning about it. Tonkering or asking questions and using your resources. However it is also best to remember that trading needs a sound and logical mind and must not be riled by bluffs or panic.
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August 24, 2017, 11:42:40 AM
 #238

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

Do not blame yourself, I also spend so much time to trade and I earn quite a lot from this bitcoin, often read new articles let me get more profit.
Why you don't trade using long time strategy? Monthly or yearly you just need buy and hold then sell couples months or years later,
 it will not spend too much time in trading, this strategy will gives feels relax because we just invest for long time in altcoins good fundamental and still can be enjoy our real life than always stay on the computers to trading. Cheesy
I am also in favor of long term trading. The best and easiest way of earning huge profit is to invest into potential coins and after storing them into your wallets, just forget them. The best option for long term trading is bitcoin. We all know that bitcoin never ever disappoint us especially in long term investments.

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August 24, 2017, 12:03:56 PM
 #239

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

That is true. When you pour your time into trading you'll be able to do it.
It's just as greedy for the profit that you can get your money right. I'm also the first one. I did what I did about trading. Search on google what is technical analysis of trading.
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August 24, 2017, 12:39:50 PM
 #240

Do not spend more time on trading. There is also an autosell where you can automatically sell your Altcoins even when you're offline. Because I just keep on guarding you're up and down and your emotions can bring you and you run into your mind
Autobuy/sell options are only good for veteran traders as they are good at their research and analysis. For beginners and when they are not good at price levels, it is not at all recommended to go for automated mode of trading. Because they cannot go for some random levels to book profits or for stop loss levels.

I guess, spending long hours will be mandatory for beginners and only professional traders will be getting chances to stay away from markets.
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