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Author Topic: was trading beneficial for you?  (Read 2632 times)
110910ktx
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January 24, 2018, 11:55:50 PM
 #121

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
It took me four years to learn and fail in this business. When I first stepped into this field, I did not study well and did not have the knowledge of currency means not having experience. That means failure, I lost money and lost 95% of my property in one night. After the failure, I realized a lot of things: No matter how good you are, but when you step into a new field you also have to learn from the beginning, subjective will only fail.
Good luck
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Joriecoinbit
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January 25, 2018, 04:51:45 AM
 #122

Trading is very beneficial for me because their are a lot of advantages that brings into our life. Eventhough trading is kinda journey that you are going through. But it took us years, it is okay because we need to look at for what we can get and bitcoin is good for everybody.
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January 25, 2018, 05:13:24 AM
 #123

I haven't considered trading because I believe it was too risky and there are still more to learn. Also, aside from strategy, patience is needed. A trader must be mentally and emotionally stable to avoid losses.

Losses can't be avoided. Even experienced traders lose big at times. Experience will be your best friend in trading so don't be afraid to lose. Just be careful with how you manage your capital.

with having much of experience in trading will help us to make a better analysis and we could change our lost to a profit but we still need to keep practice and not stop to do this. I agree that a trader could manage their emotions to be calm down when everything is not as his prediction and could search any solution that will prevent to get a big loss. a good trader could find a way out from every problem that he faces and could handle his lost and turn back to reach the profit.
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January 25, 2018, 07:38:12 AM
 #124

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
Trading is not a easy job, it is always risky so we are required a calm and clear mind in trading because not everytime we will have profit, and we may loose all the the time without any knowledge about cryptos, i also have lost so much money in trading, but only a big trading could be very beneficial for those who are good traders, so i will keep trading and learning from my mistakes to be better in the future.

bert20
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January 25, 2018, 11:06:26 AM
 #125

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
Yes, i dream to be rich here in bitcoin. Dreaming still to this day and in my journey of fulfilling my goal on this trade in improving and currently improving my work in this trade.
machinek20
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January 25, 2018, 11:11:53 AM
 #126

My trading journey is quite good, and until now I still got profit from trading, but one thing for sure, never too greedy in trading, I lost quite a lot when I heard NXT going to hardfork, I bought nxt to get ignis, and in the hardfork day, I forgot the time and failed to sell the nxt and nxt price fell down sharply, and I lost 75%, but I feel trading is very fun, easy to earn but also easy to lost
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January 25, 2018, 11:27:47 AM
 #127

My trading journey is quite good, and until now I still got profit from trading, but one thing for sure, never too greedy in trading, I lost quite a lot when I heard NXT going to hardfork, I bought nxt to get ignis, and in the hardfork day, I forgot the time and failed to sell the nxt and nxt price fell down sharply, and I lost 75%, but I feel trading is very fun, easy to earn but also easy to lost
We do have same experience with that coin, I bought a lot inside Polo thinking that I'll be able to get some ignis the problem is I didn't bother to read
and research first whether polo will support the fork, a mistake in my part now I'm trapped but I didn't bother to sell it out knowing that inside this industry patience is what we need, I'm still working and studying deeper as I know that trading will be much beneficial if you know how to find your edge whenever dealing with this business, not that much for  now but it will after sometime.

 
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onebtcforlife
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January 25, 2018, 11:33:38 AM
 #128

Trading is beneficial to those who have patience because without controlling our emotions it is not possible for us to make money through trading. So, I am seeing many people who don't have the patience or losing in cryptocurrency.
shinchan123
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January 25, 2018, 11:39:14 AM
 #129

More often than not, trading has been absolutely beneficial for me. I see to it that whatever coin I select that I always do my research in order to lessen the risk of losing money. Losses can be limited by diversification, so you’ll have more odds of profit. But then again, the most important thing to have is patience and simply wait for the best time to sell.
cryptoblue77
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January 25, 2018, 11:50:59 AM
 #130

When I started trading, it wasn't beneficial for me. As I didn't have any previous experience, I had to suffer huge losses. In future, I have to be a little bit more cautious in trading.

Creating N Action
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January 25, 2018, 12:31:13 PM
 #131

Of course Yes, trading is beneficial for me because I earned money. I earned money but not a huge , it's just a smaller amount but I am happy even though it is not like from other traders. Trading is not easy to do because it is risky, you can encounter something bad that's why be careful when you are trading. In order for you to get a good profit, you must do long term trading but I am not saying that it is easy to do. But in all, it was beneficial not only for me but in many people.

richcorner100
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January 25, 2018, 12:39:18 PM
 #132

I was in forex trading since 2 years and very difficult to gain consistent profit from it, and then since i move to cryptocurrency trading i can make some profit with consistent because many cryptocurrency up trend in the long term.

chris molty
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January 25, 2018, 12:42:49 PM
 #133

thanks to trading I learned a lot about me, trading puts you in front of your real you, your faults are very visible, very rewarding
LANZ777
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January 25, 2018, 02:31:34 PM
 #134

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

I think so trading is beneficial to me because as l monitor my brother when he buys dump coins and hold it until the price for him is right. He's monitoring always the price because some of the coins he earn have a very high value. As l observe on his trading, it's really exciting because he earn a big big amount of money. He just hold the coins he buy and sell it on the right time. Bitcoin is really beneficial.
Haladay
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January 25, 2018, 02:35:39 PM
 #135

I was in forex trading since 2 years and very difficult to gain consistent profit from it, and then since i move to cryptocurrency trading i can make some profit with consistent because many cryptocurrency up trend in the long term.

Well this depends if you will compare forex and bitcoin markets. For myself, I can say that I benefited from the trade of bitcoin, but the benefits were very limited for me. I'm aiming for better ones.
Traslavin
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January 25, 2018, 02:40:29 PM
 #136

I haven't considered trading because I believe it was too risky and there are still more to learn. Also, aside from strategy, patience is needed. A trader must be mentally and emotionally stable to avoid losses.

Losses can't be avoided. Even experienced traders lose big at times. Experience will be your best friend in trading so don't be afraid to lose. Just be careful with how you manage your capital.
It is inevitable that loses may come in your way in terms of trading and it is already given or principle of trading right. But of course whatever may the result of your action the most important thing about it is you know already how does it fell, and how does it making trading. At least you have the experience that you can use to your next trading.

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ziemore
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January 25, 2018, 02:50:16 PM
 #137

3 for 3

MISTAKES:
Buying before research.
HODLing for too long.
Believing on the media/news.

WHAT I LEARNED:
Always see the volume.
Buying dips is 99% success.
Technical analysis is the best.

Barcode_
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January 25, 2018, 02:53:07 PM
 #138

My trading journey have been crazy for this couple of months, the feeling is alike riding a roller coaster full of ups and downs, my heart sinks every time when the price of bitcoin drops lower than the price I purchased them on the trading markets, but I will never sell my bitcoins away at a loss, I would rather hold them for the long term.

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MiiDoViic
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January 25, 2018, 03:18:16 PM
 #139

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
I only started trading a month ago . I can not lie, i really love the adrenaline rush i get from it. I haven't made that much profit since i've started ,but i've learned a lot .
I've learned that the crypto market and the forex market are in no shape or form similar. It's just nonsens to spend most of your time analyzing cryptocurrencies charts . It might work with stable coins or coins that have been there for a while and are settled now .But with start up coins , which is like 90% of the market right now ,it's impossible to do technical analysis. Those coins are just news driven ,if there is a good announcement you are going to make profit ,if the news isn't that good or disapointing expect a huge dip. That's how i've been doing it ,only following news and picking relibale coins that seem to have a good plan and have an actual use IRL.
The second thing i've learned is to never sell at a big loss. If a coin went down by 50% or more and u haven't sold yet ,just be patient and hold. All coins do recover for a little while no matter how much of shitcoins they are.
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January 25, 2018, 03:31:02 PM
 #140

with having quite a bit of involvement in exchanging will help us to improve an investigation and we could change our lost to a benefit yet despite everything we have to keep hone and not stop. I concur that a dealer could deal with their feelings to be quiet down when everything isn't as his expectation and could look through any arrangement that will avert to get a major misfortune. a decent dealer could discover an exit plan from each issue that he faces and could deal with his lost and swing back to achieve the benefit.
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