share your profitability skills or some reminder

[luca prieto]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

[1715237347]

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[1715237347]

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[mumang siat]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

In this case, I first see which altcoin potential is good for investment, after that I will see the current market conditions for the coin, then I will make a separate study or analysis in choosing the right coin to invest.

After everything I did, then I made an investment decision, even though the trip did not go according to the initial plan, at least I had prepared my investment well, if the investment does not use a certain strategy or pattern, then we will face big risks in the future.

[luca prieto]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

In this case, I first see which altcoin potential is good for investment, after that I will see the current market conditions for the coin, then I will make a separate study or analysis in choosing the right coin to invest.

After everything I did, then I made an investment decision, even though the trip did not go according to the initial plan, at least I had prepared my investment well, if the investment does not use a certain strategy or pattern, then we will face big risks in the future.

That's right, it's always having a good trading plan that DYOR. Many of people will just make trading with token that they randomly pick and regret later

[semobo]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

Entering amd exiting the market at the right time will give profits or else you will be in loss.

Most of the people get panic when the market gets bearish so they are ready to sell it for small loss which kind of things get repeated so they are in net loss instead of making the money.

[Fatunad]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

You might able to share up but doesnt mean that everything that works for you would also work for others and thats just a myth. You can copy others but doesnt mean that you would 100% precisely able to
get the same results that they've been showing off but instead you would get opposite results most likely because there are lots of factors that could affect and thats mainly talking about sudden decisions or simply
attached with emotions on where decision making whether you do make a sell or would able to decide to get in or making position is someones own call on where they would be executing it.
So its pointless on giving out some profitability skills.Just stick on what suits you out.

[bitcoin-shark]

personally i am not good at trading so in this sector i cannot give advice, then choose only altcoins that have almost certain growth potential over time, do not invest in altcoins with an uncertain future then set goals, limit an altcoin once the the chosen value is reached up  must be sold because the market can change direction suddenly even in a few minutes

[blockman]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

To avoid losses, don't invest in altcoins that you don't know. It is the first thing that you have to remember because if you do random investments with altcoins that you don't know, you're close to losing it because you didn't do your research. As for profitable skills, what you need to gain is experience. And for the reminder, do not be too hyped when there are altcoins that are pumping, you have you only buy when you see the dip and don't be with them and get FOMOed.

[mobtc]

Let me briefly review my trading experience. First of all, you need to find a possible altcoin community. If they find a new good altcoin, you have to buy it as soon as possible.
You can sell them when the price rises to the point where you feel satisfied.

[Ararbermas]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

when it comes altcoin mate you should make research and get all the information that can help you to determine project if its genuine or not and if it truly can guarantee good profits after all.
Remember that there's a lot of frauds when it comes altcoin projects, so be aware and stay away from recommendation especially if they don't have enough proof of what they're saying about the coin. Too good to be true.. Make technical analysis always and obtain specific information to avoid scam projects because that's the most important and very effective way to be honest.

[kensaii]

It's all about how you manage the risk. Don't be too greedy when the price already increased tenfold. Sell half of it and another half you put on hodl, if it increases further, you got more while if it falls, you at least got some profit out of it.

[Viscore]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

To avoid losses, don't invest in altcoins that you don't know. It is the first thing that you have to remember because if you do random investments with altcoins that you don't know, you're close to losing it because you didn't do your research. As for profitable skills, what you need to gain is experience. And for the reminder, do not be too hyped when there are altcoins that are pumping, you have you only buy when you see the dip and don't be with them and get FOMOed.

Exactly. Know your investments very well particularly on the altcoins where you invest your money. Altcoins are more risky to invest so as much as possible invest on the altcoins that have high potentials to stay long in the market. And the fact that altcoins just easily pump and dump especially if they are influence with some big whales or even big events in social media, then you should know when will the best entry and the best exit to avoid huge losses.

For me, the best advice i can give you is to gain more research and experience. You will not be able to overcome such losses in trading or investing if you lack the knowledge and experience. It's okay if you commit mistakes while you are in the middle of trading. At least you will learn from your mistake and do better about it.

[noorman0]

I am not an altcoin investor, just altcoin short term trader. So, I will respond within the scope of the trade.

Or some reminder to avoid losses？

There is no way to avoid losses unless you don't trade at all. Losses are part of trading.
The best way to minimize losses is to determine your losses (stop loss) and exit the trade for a while until you find a good position to re-enter. Some people are too pushy that they can chase losses, while not being in a great position.

"Sometimes the best position is no position"

[riskarcher]

Personally, I use the binance app to make a profit and using the futures feature on the app, you have to calculate the predictions. Market trading is the right training ground to manage our emotions and in app binance we can set leverage of 20x - 125x to calculate Initial margin, PNL and ROE to avoid losses. The point is everything will be easy if we can regulate our emotions in trading.

[asriloni]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

I can only share some tips based on my experience.

Crypto was about how smart and patience you are, I meant you will always be facing people who missing the train when they have sold their stash and they never get into the trend when they were holding their tokens.
The time for the pump will always come dude. You must try to buy crypto when it will was getting a red candle. You must never try to buy that when the green candle appears but this is different story when it has a very good fundamental that will be pumped so high.

Cut losses your investment meant you're lose in the game. In the crypto when you didn't sell your coin and it can to up again sometimes.

[blockman]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

To avoid losses, don't invest in altcoins that you don't know. It is the first thing that you have to remember because if you do random investments with altcoins that you don't know, you're close to losing it because you didn't do your research. As for profitable skills, what you need to gain is experience. And for the reminder, do not be too hyped when there are altcoins that are pumping, you have you only buy when you see the dip and don't be with them and get FOMOed.

Exactly. Know your investments very well particularly on the altcoins where you invest your money. Altcoins are more risky to invest so as much as possible invest on the altcoins that have high potentials to stay long in the market. And the fact that altcoins just easily pump and dump especially if they are influence with some big whales or even big events in social media, then you should know when will the best entry and the best exit to avoid huge losses.

For me, the best advice i can give you is to gain more research and experience. You will not be able to overcome such losses in trading or investing if you lack the knowledge and experience. It's okay if you commit mistakes while you are in the middle of trading. At least you will learn from your mistake and do better about it.

He doesn't have to trade, as long as he's gaining knowledge day by day with the altcoins that he has bought. Or it's better to start by buying bitcoin. Just look at the scenario lately, bitcoin crossed $48k and that's so quick for it that we have not noticed that it's going close to $50k and then $60k. The next target which is the latter is going to be seen again if the same move by the market shall be seen and it doesn't have to be quick but with its phasing, it seems fast than what we're expecting.

[Ulvajaya]

So in terms of making a profit on altcoins, choose a quality altcoin according to your own view and the profit is above average, which I think can be profitable for us in the future, especially if we rely on strong analysis or predictions so that we are really right in investing. In the future, in my opinion, so that we can avoid losses in altcoins and other investments

[Yaunfitda]

For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses？

Don't be greedy. If you are already on the green, they it's better to cash out and get your profits already. And then re-invest again, rinse and repeat. The problem is that there are newbies investors to think that the price will go on parabolic rise and hoping that the price will continue to grow.

And then suddenly it went down, then you will have to regret your decision. It's not that bad to take profits from time to time, basing on my experience.

[haleema]

As per my little experience and research and some friends advice, I didn't get loss.
Before buying you have to research if the coin have good market.
when you see the market is up you have to sell, and when its down you can buy.