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Author Topic: Suggestion for trading  (Read 2736 times)
Aschcraw
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May 13, 2018, 06:20:31 PM
 #1

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
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May 13, 2018, 06:33:53 PM
 #2

You need to reconcile with the fact that you can lose money. Risk no more than 2-3 percent of the Deposit. If you are haunted by failures, on this day you need to stop trading.
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May 13, 2018, 07:09:53 PM
 #3

Honestly, a good trader also experiences to lose their investment, all here in cryptocurrency are risky you must be smart and don't believe in any promises.

The only coins that I could suggest you that can reduce the risk of losing your investment is to choose the coin, which is mostly used by many people or choose a coin, which is on the top 10 in coinmarketcap all of them are less risk than you are investing in new ICO's or new coins because it's too risky so avoid investing in them.

Also, make sure that you can control your feeling when the price is decreasing because there are still chance that the price can recover back in the future.

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May 13, 2018, 07:18:57 PM
 #4

If you don't want to take high risk, then simply don't take risk, invest in coins like bitcoin not in those you can make 10x or lose all of your money, also never panic sell it is mostly loss.

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May 13, 2018, 07:26:49 PM
 #5

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

There's no such thing as taking less risk and not committing mistakes in trading. Crypto price and market demand is difficult to speculate that even experienced traders lose money in trading. You must learn from your mistake and trust your judgement when you trade or invest.

 
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May 13, 2018, 07:33:34 PM
 #6

the truth is u never always success in trading, sometimes you can lose your profit, and this is reality. sometimes many experience traders lose.

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May 13, 2018, 08:02:01 PM
 #7

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

Read about the token that you will be trading. If it just finished their ICO then look at the roadmap.
There might be some updates that are happening with them that could boosts its price so you don't want to miss that.
You could join their official telegram group. (I bet every altcoin have one now)

Once you started trading monitor how it fluctuates then be wise on every buy and sell. Be very sure into what decision you will make. One error could cost your fortune.

 
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May 13, 2018, 08:23:27 PM
 #8

I have few suggestion regarding trading: you should never trust anyone and always research and analyze yourself and trading is in nature very risky way to make money so don't put more money.

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May 13, 2018, 08:34:41 PM
 #9

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
Just simple rule you need to follow to be a successful trader that is buy low and sell high,but nothing is this world is risk free and the rewards also will be according to the risk levels,so don't afraid to take such risks to get successful.The one suggestion I will say that never invest more than you can afford to lose.

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May 13, 2018, 08:38:56 PM
 #10

Try to continue to study even if you think that you have known everything, still! Be patient, dont panic, risk as you see
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May 13, 2018, 08:47:52 PM
 #11

When I started trading cryptocurrency, I found it hard reading about what i wanted to buy by myself so I just followed what people suggested and bought coins that were without value without me knowing at that time. Also I didn't know that I could set a sell order or buy order in advance because I didn't take out time to also study the exchanges I was using then so I had a lot of losses. When you know the product you're investing in a bit, your decision is driven by knowledge which will give birth to unflinching believe (patience) and in turn will eliminate panic selling. Spend quality time on the exchange you use to understand the interface. Use spare money, have a clear picture of what you want from the trade. Don't be sentimental
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May 13, 2018, 09:07:36 PM
 #12

If you're looking for an altcoin undervalued to make a profit in the medium/long term you can take a look at Zencash. It's a good opportunity for few reasons
1) Privacy coins will become more and more popular this year and so their price increasing
2) Zencash is not just about making a cryptocurrency and has some serious partnerships like with IOHK

Don't consider it as an investment advice, make your own due diligence and make your own opinion. I am just telling you where I am putting my eggs and I am usually anti altcoins, to make me like an altcoin you really need something special. I chose carefully a project

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May 13, 2018, 09:26:38 PM
 #13

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
The most essential thing you need to learn in order to become a trader is to master the steps to perform the transaction as well as withdraw money on wallets or deposite money into the exchanges. The experience will then help you to have a successful investment.

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May 13, 2018, 09:47:03 PM
 #14

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
Traders are always monitor the crypto market because then only find the right coin in right time. But most of the traders are pick the Altcoin so it is reduce the investment risk then previous ratio and current status is easily identify the best platform. first you must learning in how much investment is enough for our trading automatically you should understand the exact status of the cryptocurrency but experience is the best learning method in all the traders.

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May 13, 2018, 10:59:11 PM
 #15

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

Its really hard to avoid mistakes mate, its part of the learning process. As hard as I try to avoid getting loses, the more I became too emotional. That's why I always put a entry and exit strategy, helps me control everything and prevent a lost in my end.

But don't fear getting some negatives because that's how you going to 'hardened' and 'tough' and make the right decisions and mitigate your risk. Experience is the best teacher and don't give up and I'm sure that in time, you will be very successful trader.

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May 13, 2018, 11:14:47 PM
 #16

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?


become a great trader mistake are include to find ways where is your mistake and mistakes are guide for you to correct your trading strategy
monitoring and focus learning the flow chart which is the best altcoin possible potentially to increase the price to get earning in trading job
working in trading risk is including in the trading job to avoid this high risk to your investment make sure you have a lot of skills in trading.

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May 13, 2018, 11:28:57 PM
 #17

if my suggestion hell in start trading it better many science good trade. you all can also learn in this forum. because this is where the beginner learns to start in the cryptos world

 
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May 13, 2018, 11:46:15 PM
 #18

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
Trading is all about predictions of prices, if you are good in anticipating the price then you can earn in cryptocurrency trading. Technical Analysis plays important in trading, it is a tool that a trader used to predict the future price based upon the news and trading history. If you have knowledge on how the people reacts in market then you will become a successful trader.
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May 13, 2018, 11:52:44 PM
 #19

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

Learn everything about trading because it's important for you to know now only the basic. There's no way to avoid mistakes in trading because you cannot control the market and incur loses is very normal. Trading is risky, so you decide wethere you push through or not.
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May 14, 2018, 12:14:06 AM
 #20

Being confident with the token/coin that you are holding is very important to lessen such risk, if you are well aware of that project then you won't get any panic each time certain downfall happen with what you have, each fluctuations bring certain reactions if you are a believers you will be able to hold and be patient enough to wait till you reached the peak that you desired with your investment.

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