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Author Topic: How to Trade cryptocurrencies comfortably with profit  (Read 1505 times)
shield132
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March 12, 2019, 09:28:31 PM
 #101

Everyone knows that they need to get rid of their anxiety during trading but that's not so easy to say. When you suggest something, it has to be benefitable, saying something so simple is thing that 100% can understand. Also luck is a huge factor in trading, especially in bitcoin. All your charts and past statistics are usually unuseful, current situation and a little bit future analyze along luck plays huge role here. Why luck? Because tomorrow may happen something which may affect price you are fall asleep.

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March 12, 2019, 11:10:10 PM
 #102

Everyone knows that they need to get rid of their anxiety during trading but that's not so easy to say. When you suggest something, it has to be benefitable, saying something so simple is thing that 100% can understand. Also luck is a huge factor in trading, especially in bitcoin. All your charts and past statistics are usually unuseful, current situation and a little bit future analyze along luck plays huge role here. Why luck? Because tomorrow may happen something which may affect price you are fall asleep.
Indeed, I thought there is something useful with the content of his post but its just a usual reminder that I think everyone knows since that's the only way to make profit when you trade.

Well bearish trend seems not over and we cant say until when this will last, in my case one of the strategy that im comfortable with is to hodl my assets for long term. In this way I dont have to worry for the current situation of the market and not losing my patience dealing with it.

If your mindset is to take profit when there's a chance then you have to be alert but dont be too eager, it can also lead to wrong decision. Just deal with every situation calmly although for others it might really hard to do.

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March 12, 2019, 11:19:52 PM
 #103

Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.

First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
Controlling one emotion in trading crypto currency is the most difficult factor to deal with when it comes to trading this is because your real money is involved. To control your emotion you will need to invest what you can afford to part with for a long time.
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March 12, 2019, 11:22:26 PM
 #104

The income and the profit depends on how your work will be for your trading and how much do you invest these two things will decide the profit for you but more than this the market condition are also helpful for you to get easier profit so if you work hard you will get the profit this is a simple thing for getting extra income in trading.

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March 12, 2019, 11:26:12 PM
 #105

Everyone knows that they need to get rid of their anxiety during trading but that's not so easy to say.
Is easier to say but not easy to do I believe that is what you meant. Trading crypto currency comfortably with profit may sound as if it is possible to continues making profit without any lost all the time which I think is not possible what ever the level of your experience in trading crypto currency.
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March 12, 2019, 11:32:08 PM
 #106

One of the most way to trade comfortable in cryptocurrency is self confidence and full of skill and knowledge hard works in the crypto trading with know how to control emotions during in trading works to get huge profits.
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March 13, 2019, 02:29:27 AM
 #107

We now understand trend of crypto market and the level high of the fluctuacion so from it we should have some skill to predict the trend of crypto. By know the trend of crypto we will know as well when should be entry to the crypto market and when should be exit. High fluctuacion is mean high too risk so to minimize the risk we should be have risk management like use stop loss.
smart way to trade. always anticipating potential losses that might occur, if all traders can take precautions and can determine the right time to sell and buy, we will always benefit. Crypto trading requires precision and is not carried away to win a lot when prices start to rise.

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March 13, 2019, 11:03:43 AM
 #108

Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.

First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.

I would say 'no' just because felling a bit nervous during trading is a common thing and it could not be called absolutely 'comfortable'.
you should always keep an eye on your account while trading - that will protect you from big losses, so it is not that much comfortable.
but it can bring profits
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March 13, 2019, 11:30:45 AM
 #109

We now understand trend of crypto market and the level high of the fluctuacion so from it we should have some skill to predict the trend of crypto. By know the trend of crypto we will know as well when should be entry to the crypto market and when should be exit. High fluctuacion is mean high too risk so to minimize the risk we should be have risk management like use stop loss.
smart way to trade. always anticipating potential losses that might occur, if all traders can take precautions and can determine the right time to sell and buy, we will always benefit. Crypto trading requires precision and is not carried away to win a lot when prices start to rise.
Making a trade and profiting out of the same is not a simple thing. To this user needs the patience or the good knowledge to predict the market in a precise manner. On every successful trade getting a profit the simple process of buying low and selling high is done. To achieve the same one needs to wait after buying, as very few show sudden growth.

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March 13, 2019, 11:07:50 PM
 #110

You're right. I also noticed a thing that if I have any excitement or any other negative emotion, it is always bad for trade. I try not to trade on days like these.
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March 14, 2019, 05:36:52 AM
 #111

It's just simple,buy low and sell high so never trade for the losses is the only way to be in profits comfortably but it is inevitale that losses on crypto trading.
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March 14, 2019, 06:40:19 AM
 #112

We now understand trend of crypto market and the level high of the fluctuacion so from it we should have some skill to predict the trend of crypto. By know the trend of crypto we will know as well when should be entry to the crypto market and when should be exit. High fluctuacion is mean high too risk so to minimize the risk we should be have risk management like use stop loss.
smart way to trade. always anticipating potential losses that might occur, if all traders can take precautions and can determine the right time to sell and buy, we will always benefit. Crypto trading requires precision and is not carried away to win a lot when prices start to rise.
A Trader must be able to put the situation underway. The existing market situation is unstable and always changing, requiring every trader to be able to make decisions quickly and accurately. When a trader can make a good decision, they will be prepared to make a profit. That way they will achieve success in their lives.
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March 14, 2019, 02:51:18 PM
 #113

Just be calm and only invest what you could afford to lose,
Because of it you wouldn't be so stressed out,
Don't let the wrong trades affect you instead use it as an experience and learn from those mistakes.
I agree.When you trade,you should have a good mindset to create a profitable trading and not with full of negativity which will not help you in the end.And as much as possible do not use your emotions in trading because most of the time,it will only make you a loser.And practice buy low and sell high.It will really help you to create profits in trading.

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March 14, 2019, 05:35:31 PM
 #114

One of the most way to trade comfortable in cryptocurrency is self confidence and full of skill and knowledge hard works in the crypto trading with know how to control emotions during in trading works to get huge profits.
if for self-confidence it must be because in trying like trading in order to be able to benefit continuously it must have great confidence and skills too

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March 14, 2019, 07:55:47 PM
 #115

One of the most way to trade comfortable in cryptocurrency is self confidence and full of skill and knowledge hard works in the crypto trading with know how to control emotions during in trading works to get huge profits.
if for self-confidence it must be because in trying like trading in order to be able to benefit continuously it must have great confidence and skills too
In any case, only having theoretical knowledge you will not achieve any results. Therefore, you need to trade and gain experience. But if we analyze the external work on the cryptocurrency market, then the negative is so much that almost the whole experience is a struggle with its mistakes.
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March 14, 2019, 10:04:11 PM
 #116

Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.

First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.

Set your profit threshold to very less amount. Sit on day trading. Keep sending in and out. Sit for few hours. Choose best coins like, BTC, ETH, BCH, XLM, XRP and USDT. These coins would certainly yield profits and it will get piled up. Invest more to gain more. This strategy will help you to trade comfortably and get profits.
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March 15, 2019, 10:19:27 PM
 #117

It's just simple,buy low and sell high so never trade for the losses is the only way to be in profits comfortably but it is inevitale that losses on crypto trading.
This is really easy and simple way of making money in crypto currency and to move profitability, now a day price is low so we can buy and later on when it will rise we can sell it for high price, there is low risk but huge profit, it will not make you spend so much time in market for price check you only have to buy at low price and sell high price waiting gives fruitful results at the end.
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March 15, 2019, 10:34:26 PM
 #118

i learn from a good expect on how to trade but am still learning. not yet a pro like him, rule number one for trader. NEVER EVER sell at lost. no matter how hard the coin drop make sure yo don't panic and sell. very very important. what goes down must surely go up again. since then, i have been making little profits dem. quite interesting.
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March 15, 2019, 11:12:33 PM
 #119

i learn from a good expect on how to trade but am still learning. not yet a pro like him, rule number one for trader. NEVER EVER sell at lost. no matter how hard the coin drop make sure yo don't panic and sell. very very important. what goes down must surely go up again. since then, i have been making little profits dem. quite interesting.
You're right, thinking of why we have to sell when we know that we are losing with that price, it is just a suicide.
The market is also somewhat testing us of how we are really trusting crypto and how we manage our funds in trading.  Most traders get failed cause the main reason is that they'll never know how to control their emotions,  they let it to controlled over their mind
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March 18, 2019, 08:28:30 PM
 #120

For comportable profit in trading just pick some good coins and safe investment to trade your cryptocurrency altcoins that can make you some profit to earn as slowly but surely profit.

Even you pick good and potential coins there is no assurance that will you earn profit because sometime you will really end in low and no profit. You need to become good skillful trader so even you invest in unstable coins you can still earn profit.
Exactly we don’t know what will happen but we will have to take risking we will it take risk it will Ben good.  It’s good opportunity not to be so greedy for selling early and taking out investment. To trade profitably it needs patience and time so right now  It’s better not to trade but best time is to buy as much as you can so that selling after few years will give you double profit.
Trading in cryptocurrency is not a very comfortable thing. You can get your value in the market reduced due to a fall in the price value of the portfolio. You can also get big return which means that the market is uncertain and the presence of uncertainty means no comfort so better brace yourself. If you are long term investor/trader, you can then do things comfortably and can make money.
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