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Author Topic: life of a trader  (Read 29336 times)
smutexar
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August 15, 2018, 10:54:23 AM
 #1221

In any case, you do not need to spend every second of your time monitoring the situation on the market. You just need to make your plan and adhere to it.
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hungter34
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August 17, 2018, 08:55:53 AM
 #1222

keep time for other daily life activities. trading is just buying low and selling high. wait for a dip and buy it.
hellyeahent
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August 17, 2018, 10:52:13 AM
 #1223

The life of a trader is always very rich, emotional and risky. Therefore, you need to find free time for personal affairs and meditation in order to keep yourself in good shape.
dmerrifield9844
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August 17, 2018, 02:32:21 PM
 #1224

Crypto trading is like an extra on the side where you may or may not get rich from it, in fact you might lose everything which is the case with unfortunate traders who invested in the bitconnect scandal Smiley
Garuda88
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August 17, 2018, 04:34:33 PM
 #1225

please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin
It seems that it is the main job of a trader, which is to always observe the market and find references as much as possible. But if you do not have free time, maybe observe the market, and buy and sell by utilizing the order option it will reduce the frequency of your viewing market.
kaineh
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August 18, 2018, 08:04:37 PM
 #1226

I have a plan, I know when I want to buy/sell, I set up alerts and go out. Also, I take some breaks and days off to recover from crypto craziness
Baxta
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August 18, 2018, 08:07:14 PM
 #1227

Trade in a long time, set yourself a limit on the exchanges under which there is an automatic sale or purchase and you will have happiness.
Via-
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August 18, 2018, 08:13:13 PM
 #1228

make a schedule to organize your day-to-day activities, for example every Monday to Friday you are a crypto trader and the rest make it as a vacation or to find your pleasure so you don't feel stressed, and also arrange your hours so that you are not late when the latest news.
shawonngp
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August 19, 2018, 05:49:19 AM
 #1229

Life of a trader is terrible if we speak about our nerves - even expierience cannot help us sometimes...
I understand which sensation, that's exactly what We precisely do after I begin to industry, however right now we are able to arrange the actual purchase cost as well as market cost within buying and selling after which set up application to provide notice when it is achieved particular cost, you can't really continue viewing your own telephone, therefore you have to be utilized technologies or even applications absolutely help industry.

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Bonanzabits
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August 19, 2018, 08:37:01 AM
 #1230

The life of a trader is short, and ends with either a major success or a complete defeat. For a long time this business is usually not allowed to deal with nerves. The psyche suffers from this complex work.
Bostonias
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August 19, 2018, 08:39:22 AM
 #1231

make a schedule to organize your day-to-day activities, for example every Monday to Friday you are a crypto trader and the rest make it as a vacation or to find your pleasure so you don't feel stressed, and also arrange your hours so that you are not late when the latest news.
Making a schedule is pretty weak. if you rally want to do something then just go ahead and do it.
adamtruong
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August 19, 2018, 08:41:51 AM
 #1232

Trader always is. The market up is happy, down is sad. The law of price and value creates waves. Accepting losing or surviving is always a problem for every investor
cryptobull3
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August 19, 2018, 08:57:28 AM
 #1233

If you know what are you doing in trading market , and you believe in yourself there is no need to be worry , Trading in cryptocurrency could be almost the most frustrating job in the whole world , could gives you insomnia and a lot of stress if you don't do it right , I have shield my assets by using usdt market , now i'm less worry about the prices and falling waves , I believe in cryptocurrencies future but we need to make money till that future right?

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dropper01
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August 19, 2018, 09:43:42 AM
 #1234

please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin

The life of a trader is very difficult and you have to think about it every day. not always the graph is always friendly with traders, because prices are very easy to change. a trader must have extra patience.
ahasan909
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August 20, 2018, 06:32:06 AM
 #1235

I know that feeling, that is what I exactly did when I start to trade, but now we can set the buy price and sale price in trading and then install iPhone app to give notification when it reaches certain price, you can't really continue watching your phone, so you need to be using technology or apps to help you to trade.
 Grin
pryzh
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August 20, 2018, 06:40:41 AM
 #1236

I think a long-lasting dealer is somebody who dependably get a handle on the chance to contribute and business. They generally have speculation procedures for each situation. Since they can survive long. Characteristics of genuine merchants are centered around things like decisiveness, perseverance, valiance and insight.
kafnan
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August 20, 2018, 09:07:04 PM
 #1237

I know that feeling, that is what I exactly did when I start to trade, but now we can set the buy price and sale price in trading and then install iPhone app to give notification when it reaches certain price, you can't really continue watching your phone, so you need to be using technology or apps to help you to trade.
RistirP
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August 23, 2018, 09:10:57 PM
 #1238

Same here. Smiley I I check price of my portfolio every hour even if it stays same for a week. It is really hard to be a trader you need some big knowledge to it.
Zythiphill
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August 23, 2018, 09:12:14 PM
 #1239

Well, if you have the strategy to trade only in the daytime , it is certainly a pain in the ass I want to tell you , it's better to sustain position and sell

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chocopapaya
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August 23, 2018, 09:17:15 PM
 #1240

I remember going through that when I first started.
I would constantly be checking coinmarketcap and going through bitcointalk threads.
When I look back I think, "Wow! That was unnecesarily stressful!" lol

If you have a normal full time job and do crypto on the side, the reality is you don't need constant price updates.
In fact, I would say you can even look at it just once daily.
If you are a full time investment/trader though, it is different.  Minute to minute tracking of trading volume and data is important.

So basically, research about crypto, investing, and new projects in your spare time.
Also start doing bounty campaigns.
Set investment goals for yourself and watch the market daily for signs of sell points that will make you reach your goals.
Simple really, yet hard to execute.

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