|
shone08
|
 |
May 25, 2018, 03:10:47 PM |
|
one thing that needs to be on. possessed by a trader in the crypto world of course is patience. because in my opinion any kind that all types of crypto of course have an unstable price because there will be many requests to buy and also there is a time when people tend to sell it. so as I said that what a merchant needs to possess is patience
Patient is always the key to take profit Im not puting all my fund in one trade because we cannot predict if the price going down or up its better to reserve the 50% of your money to rebuy when the price continue to falling down and hold until you got a good profit dont be quick in trading observe the market situation. |
|
|
|
|
|
|
|
|
|
|
|
|
|
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
wiro212
|
|
May 25, 2018, 04:28:26 PM |
|
no, I just see what coins are being pumped, then I buy with a percentage of 50% ... when the price drops I buy again with 25% leftovers, and another 25% wait for the price to go up or down, I just bought all...
|
|
|
|
|
|
KenChanYu
|
|
May 25, 2018, 05:42:02 PM |
|
That is very hard thing, putting everything in one basket? I think it is not practical to do so, because you might wake one day losing everything you have in life. So in putting investment, you must scatter to different basket, so that if one line fails, other line could possibly succeed and might recover your other loses too. So we have to be wise in placing our investments too, because we aim for profit.
Yeah you're right saving all assets in 1 basket is the wrong thing. let alone put it at something high risk? certainly the risk of trading whenever it can happen and may harm you. if you put all your money in trading and the risk happens you will certainly go bankrupt? so use good financial management dude Diversification is still the best option to reduce the amount of risks and losses when there is a price fluctuation or if other market is in downturn phase. Capital preservation is also another action to take during difficult periods so that investment strategy has a larger base for capital to still grow when market will reach its peak again. |
|
|
|
|
|
RiskySanchez
|
|
May 25, 2018, 06:10:17 PM |
|
one thing that needs to be on. possessed by a trader in the crypto world of course is patience. because in my opinion any kind that all types of crypto of course have an unstable price because there will be many requests to buy and also there is a time when people tend to sell it. so as I said that what a merchant needs to possess is patience
Patient is always the key to take profit Im not puting all my fund in one trade because we cannot predict if the price going down or up its better to reserve the 50% of your money to rebuy when the price continue to falling down and hold until you got a good profit dont be quick in trading observe the market situation. But it will be hard to predict without results, it would be better to buy Top 10 Coin on coinmarketcap that allows traders avoid big losses. especially the purchased coin does not necessarily increase its sale value |
|
|
|
Chacon994
Newbie
 Offline
Activity: 169
Merit: 0
|
|
May 25, 2018, 06:14:12 PM |
|
If you hate waiting, I think you should not invest in electronic money. The e-money market is growing very slowly, rarely seeing coins rise 50% in one day. You need to be calm and patient
|
|
|
|
|
Chicryptomama
Newbie
Offline
Activity: 182
Merit: 0
|
|
May 25, 2018, 06:45:14 PM |
|
Gone are those days, I mean early last year when coins would do 400-500- even 1000% in a single day,then I do go all in and make some killer profits..but these days, with the volatility,go all in and get severely burnt except you're an extremely skilled and experienced trader.
|
|
|
|
|
cryptojaani
Member
Offline
Activity: 252
Merit: 71
|
|
May 25, 2018, 06:55:00 PM |
|
That is very hard thing, putting everything in one basket? I think it is not practical to do so, because you might wake one day losing everything you have in life. So in putting investment, you must scatter to different basket, so that if one line fails, other line could possibly succeed and might recover your other loses too. So we have to be wise in placing our investments too, because we aim for profit.
Yeah you're right saving all assets in 1 basket is the wrong thing. let alone put it at something high risk? certainly the risk of trading whenever it can happen and may harm you. if you put all your money in trading and the risk happens you will certainly go bankrupt? so use good financial management dude Although we are saying that we should take risk it is so important too that we should not be too brave in investing all our money, we should be wise in making decision and making sure of everything before we will invest all the money that we do have especially in trading unless it is bitcoin and plans to hold for a long time. |
|
|
|
|
CryptoPsycho
Newbie
Offline
Activity: 154
Merit: 0
|
|
May 25, 2018, 08:23:23 PM |
|
When i'm trading always trying to focus but anyway can't do anything without music on background. Usually i'm spending from 2 to 3 hours everyday trading.
|
|
|
|
|
|
