lamadu3
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November 14, 2017, 01:37:42 PM |
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Trading always needs much knowledge, great patience and enough time to follow the updated information about the cryptocurrency market. You should constantly follow altcoins and BTC rates dynamics, etc. I wish the author and all traders good luck!
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gesdan
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November 14, 2017, 02:04:34 PM |
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wow its a good start, i have a bad habit in trading, i don't control my emotions and usually do cut lose if the price is lower than buy price, my first experience about trading is lost a half of my capital, but its okay i make that lost is a study for the next future, hahaha
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juicejoyce
Legendary
Offline
Activity: 882
Merit: 1001
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November 14, 2017, 02:12:50 PM |
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So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.
I decided to start off really small, so I only put in .02 BTC to see where I can go with it. I've been using only cryptopia.
After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...
I was pleasantly surprised that a simple strategy brought steady gains. I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc. I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.
I know I'm very amateurish but it feels good to get better at something yeah?
Anyone had similar experiences in day trading?
I used to do like that. But it maDE me very tired. Then, i decided to make long term investment, rather than trading to make short term investment.
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SHIFTCASH
Member
Offline
Activity: 182
Merit: 12
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November 14, 2017, 02:55:03 PM |
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Day trading is always very risky.You can easily gain or lose at any point.
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jklaw
Newbie
Offline
Activity: 23
Merit: 0
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November 14, 2017, 02:57:13 PM |
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echoing earlier comments, emotions are the enemy. I am not a daytrader by any means but doing some more frequent trading and I can say without a doubt that when I follow emotions over carefully laid plans I have been frustrated for hours and days when it was completely avoidable. All my trading is in btc and taking small bites of profit out of the daily trading ebb and flow. still learning and love seeing others with reports of success too.
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13ex07
Member
Offline
Activity: 322
Merit: 11
Thank you for +Merit
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August 03, 2018, 09:52:39 PM |
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So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.
I decided to start off really small, so I only put in .02 BTC to see where I can go with it. I've been using only cryptopia.
After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...
I was pleasantly surprised that a simple strategy brought steady gains. I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc. I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.
I know I'm very amateurish but it feels good to get better at something yeah?
Anyone had similar experiences in day trading?
This is pure luck. You will lose a lot of money and time before the trade will bring you a steady income.
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Nureni
Newbie
Offline
Activity: 118
Merit: 0
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August 03, 2018, 09:55:40 PM |
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Ha! My first week in trading is like I'm in hell, I face and pass through suffer me, all my investment disappeared, but later I started making my profit
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Camster
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August 03, 2018, 10:29:03 PM |
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Very nice start. Always stay within yourself and don't get to cocky if you go on a winning streak. I have tendencies to over bet on my trades so I have a few hole sin my game. Make sure if you find a issue fix it quickly.
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Onestepinhell
Full Member
Offline
Activity: 462
Merit: 100
Good Morning
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August 03, 2018, 10:30:49 PM |
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So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.
I decided to start off really small, so I only put in .02 BTC to see where I can go with it. I've been using only cryptopia.
After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...
I was pleasantly surprised that a simple strategy brought steady gains. I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc. I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.
I know I'm very amateurish but it feels good to get better at something yeah?
Anyone had similar experiences in day trading?
trading is hard and i think taht yku need to learn a lot before you can start go isebog amou t of mo ey in this sphere
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Onestepinhell
Full Member
Offline
Activity: 462
Merit: 100
Good Morning
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August 03, 2018, 10:31:24 PM |
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Very nice start. Always stay within yourself and don't get to cocky if you go on a winning streak. I have tendencies to over bet on my trades so I have a few hole sin my game. Make sure if you find a issue fix it quickly.
i wish you good luck Nd i thonk id you continue beloevei g i ylursslf and comtinue learning everything will be allright
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jamota
Newbie
Offline
Activity: 112
Merit: 0
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August 03, 2018, 10:32:56 PM |
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I have tried daytrading and I lost money quickly because of my limited knowledge about the day trading market. I don't have knowledge about stocks or forex trading which is one of my biggest losses when entering the crypto market.
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valnd
Member
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Activity: 406
Merit: 11
Until the end of time
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August 03, 2018, 10:40:23 PM |
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Guess you are also been lucky, day trading doesn't make gain every day, most times you can lose and most time you can gain, but you knowledge will make you to gain more than you can lose and that's one of the good thing about learning about trading and crypto currency before venturing into it.
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crenfrosck
Member
Offline
Activity: 470
Merit: 12
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August 03, 2018, 11:00:33 PM |
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Wow, difficult to find optimistic people in this stage of the market and even making a surprisingly great profit as well . It seems like you have made your job of a day trader very well and now you can enjoy your profit (0,01 BTC is not a negligible amount, for me at least) or reinvest (I think you are going this way). You have not made any major mistake so far and you were rewarded, but pay attention as things can turn around just in the moment when you expect it the least. Anyway, I wish you luck in your upcoming challenges in a life of a trader so we would be able to read your next successful story .
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===================================================== BILLCRYPT - CREATING HISTORY=====================================================
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surtiml
Newbie
Offline
Activity: 39
Merit: 0
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August 12, 2018, 11:54:16 PM |
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In spite of the fact that day exchanging is extraordinary yet I would recommend that you learn specialized examination on the off chance that you need to get into it. Else the best system is to purchase and hold coins for long haul. Individuals who purchase and hold for long haul profit except if you are a whale who is impacting the business sectors day exchanging.
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deda123
Jr. Member
Offline
Activity: 109
Merit: 1
The World’s First Blockchain Core
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August 12, 2018, 11:56:06 PM |
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trading first need enough patience if you have lack of it you are done you don t have much things to do and also there is on emore need you have to have enough knowledge also.
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HandsomePeople
Jr. Member
Offline
Activity: 266
Merit: 1
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August 13, 2018, 12:00:02 AM |
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It's normal to get profit at first time, but when you are in loss how are you going to deal with that ( sell with loss or hold), there are many situations that are so difficult to deal with it without a lot of experiences and knowledge.
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Roklepj
Newbie
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Activity: 35
Merit: 0
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August 17, 2018, 09:16:09 AM |
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Incredible post as it's an intriguing perused, individuals constantly get a kick out of the chance to know about others encounters. The key is to have your system and stick to them, we would all be able to get somewhat energized, somewhat ravenous however that is typically when we fail spectacularly. Simply recall by the day's end, benefit is benefit! It is great to see you continue refreshing this string, possibly like a week by week refresh or something!
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Phaphoo
Newbie
Offline
Activity: 248
Merit: 0
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August 17, 2018, 09:27:12 AM |
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Recent bounty shackles/scam lead me to day trading and I think am enjoying it gradually, though I don't put in much investment but my 0.4 ETH has increased to 0.5 in a week. So, I think day trading is cool sources of investment.
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adejoke444
Newbie
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Activity: 224
Merit: 0
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August 17, 2018, 09:45:29 PM |
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Not everyone can be perfect in day trading. I believe day trading is meant for the smart investors and not for the beginners
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enawati
Full Member
Offline
Activity: 574
Merit: 102
https://adonx.one
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August 18, 2018, 05:52:36 AM |
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As i know cryptopia exchange does not have stop limit feature that important to use in trading for stop loss, and in that times all crypto in bull run so is more easy to make profit. And when bearish trend started on january till now , i think more than 60% of crypto trader in loss. Crypto has high volatility so we should be cut loss whenever the prediction wrong to minimize loss.
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