How to Trade cryptocurrencies comfortably with profit

[Questat]

Trading cryptocurrencies is not an easier task, with large trading volume assets it is possible to make trades in a much shorter time period. Beyond this it is completely on users self need, if the focus is to end the trade in short time and get back the profit then user needs to be observing the market and should do the buying and selling with the difference. Long term trading is low riskier than short term trading.

Who said it's easy?

Those who believe it's easy will likely to fail in trading, they don't see it realistically, and therefore they will not make a good strategy
depending on the market situation. There are bad and good timing in the market, and that requires different approach, hence it makes it hard to trade.

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[ethereumhunter]

Trading cryptocurrencies is not an easier task, with large trading volume assets it is possible to make trades in a much shorter time period. Beyond this it is completely on users self need, if the focus is to end the trade in short time and get back the profit then user needs to be observing the market and should do the buying and selling with the difference. Long term trading is low riskier than short term trading.

Who said it's easy?

Those who believe it's easy will likely to fail in trading, they don't see it realistically, and therefore they will not make a good strategy
depending on the market situation. There are bad and good timing in the market, and that requires different approach, hence it makes it hard to trade.

That is not easy, and we need to have many things before we can start trading. But if we can minimize the profit and not greedy to chasing the bigger profit, I think we can try to do a trade. Just remember to learn about the analysis because that is one thing that we should have in trading, and our chance will wide open to make a profit.

[lovesybitz]

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.

You can only trade comfortably with profit if you are confident with the coins you buy. Meaning, you are sure about the coins, don't just buy altcoins without doing any research, it is very important to know what their program and plan in the future. And always look the volume they have in the market and also the community traders they have it too.

[Chinocshyp]

The number one quality of a profitable trader is patience (that's assuming he has the right knowledge to trade of course). the problem with many traders is that they back-test and forward test good strategies... but when it comes to putting in real money, they allow emotions to take over them. hence, in order to trade profitably, one has to first learn to be in control of his emotions. As for cryptocurrencies, the surest bet now is to thinkg about the long-term profits and trade long-term. the market is immature and trying to play the short term trades is too risky IMO

[boty]

Trading cryptocurrencies is not an easier task, with large trading volume assets it is possible to make trades in a much shorter time period. Beyond this it is completely on users self need, if the focus is to end the trade in short time and get back the profit then user needs to be observing the market and should do the buying and selling with the difference. Long term trading is low riskier than short term trading.

some of my friends saw me working cryptocurrency by trading, they said my job was very easy, even though trading work was not as easy as they imagined because there was no price movement.

[davinchi]

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.

Yeah, that's why you shouldn't just go ahead and trade 24/7, your brain needs rest and your body needs some workout if you want to be able to make right decisions in trading, looking at the charts all the time is the worst thing you can do to your brain, that's why stop-losses exist, you can just make a trade set a stop-loss and chill when you want to take some time off in a day...

Staying out of market sometimes can be painful when you wake up to see how many trades one has missed that would have been in ones favor, but we are all human and we cannot cheat the human nature. For me, I am not being greedy but I cannot afford to miss any trade that is why I use a bot software from a reliable company when I am asleep while I trade with my brain when I am awake, the mixture of these two makes it easy for me to stay in the market almost 24/7.

One just have to select the right bot from a very reputable company to avoid any form of major loss too. Just like the way bot can make one, is the same way it can mar ones trade if a wrong bot is got.

[taktik]

Trading cryptocurrencies is not an easier task, with large trading volume assets it is possible to make trades in a much shorter time period. Beyond this it is completely on users self need, if the focus is to end the trade in short time and get back the profit then user needs to be observing the market and should do the buying and selling with the difference. Long term trading is low riskier than short term trading.

some of my friends saw me working cryptocurrency by trading, they said my job was very easy, even though trading work was not as easy as they imagined because there was no price movement.

in any case, if we characterize the activity in the cryptocurrency market by such criteria. How easy or hard, even the best indicator in terms of ease may not be so profitable or effective. I believe that the daily trade has a very high risk, but at the same time it can throw quite good income, compared with early prospects.

[mrdeposit]

Trading cryptocurrencies is not an easier task, with large trading volume assets it is possible to make trades in a much shorter time period. Beyond this it is completely on users self need, if the focus is to end the trade in short time and get back the profit then user needs to be observing the market and should do the buying and selling with the difference. Long term trading is low riskier than short term trading.

Already, you will be able to make some profit with chance where comfort is. Or you can easily gain by lending. Because, profit in trade depends on research, more work. Maybe this will not be physical work, but it will be more exhausting.

[TomArayaSlaya]

It will be hard not go all emo all the time as its just human nature but i think is just best if you know the trade and it nature and then you adopt a certain strategy to your trading and then build from that than actually sticking to different thing Get a strategy for yourself and redefine it as things move on the market

[stefany101]

We all know that trading cryptocurrencies is the best way to make profits in this industry but we can easily loss our funds on it if we don't have the enough knowledge on trading and how it works. So, it is very important for us to read some articles, get advice from the trading experts , in order for us to have knowledge on it and we can secure our funds from dead project. Analyze first the trend of the crypto prices so that we can make profit/s.

[julius caesar]

Trading cryptocurrencies is not an easier task, with large trading volume assets it is possible to make trades in a much shorter time period. Beyond this it is completely on users self need, if the focus is to end the trade in short time and get back the profit then user needs to be observing the market and should do the buying and selling with the difference. Long term trading is low riskier than short term trading.

Long term trading is riskier than short term trading. Why? since in long term trading, the difference between the price you bought an altcoin is very huge. It can double up your capital but it can also gradually make it vanish. On the other hand short term trading minimizes those gaps, making you gain and lose by low percentage.

[frankjan]

What are the differences between trading cryptocurrency and trading forex?

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.

[btc78]

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.

So what you are pointing is the emotions of each a trader will determine what would be the outcome of their actions? But we must not forget thab crypto is volatile that even how emotiol ready we are but ths market suddenly fall hugely we will react as failure because this is our mental reactions .what we need is be ready on what might happen as this is part of investing

[South Park]

So what you are pointing is the emotions of each a trader will determine what would be the outcome of their actions? But we must not forget thab crypto is volatile that even how emotiol ready we are but ths market suddenly fall hugely we will react as failure because this is our mental reactions .what we need is be ready on what might happen as this is part of investing

Controlling your emotions is critical if you want to become a successful trader but it is not everything you still need knowledge about technical and fundamental analysis, however we cannot deny that having a very strong control of your emotions is necessary especially in this market that is so volatile, I have seen lots of people with great knowledge about the markets that are not successful because when the price begins to significantly go up or down they panic and take bad decisions.

[karloscimot]

I am more focused on renewing my mind with the latest news and situations, it is also effective in pressing Fomo to the lowest point. on the other hand, if you start to be skeptical about trends, you can speculate about coins that tend to be stable first, this is effective in keeping the profits earned.

[XbladedThanos]

Just try to set your goals and targets before making decisions on your trading blindly pouring in your funds and expecting huge result can be very disappointing in the long run so i think you should be very careful on how you make your trade...

[sidkz]

need to be able to control your emotions
never be greedy it can lead to bad consequences
gain experience on their mistakes

and remember you can never buy a token at the lowest price and sell at the highest

[traderethereum]

What are the differences between trading cryptocurrency and trading forex?

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.

In forex, you need to learn from many sources, and you need to learn so many indicators that will help you to analyze the market, and besides that, it's more complicated than crypto trading.
In crypto trading, you can only learn one or two indicators and master it so you can analyze the market without any problem.
But still, both forex trading and crypto trading needs experience and more lesson to become a pro, and it will not happen in the short unless you are a multi-talent who can learn in a short time to master the lesson.
I still prefer in crypto trading because, for me, it is easy to trade in crypto trading than in forex trading.

[Siren]

Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?'

If this isn’t possible for sure all of us are successfully trading by now?but the sad thing is we’re not because of this hardship and risk when we trade

The answer could be yes, though it depends on many factors.
.

Lol there is no yes because that’s not that possible

Trading in cryptocurrency is like a gambling that even how good you are but luck doesn’t comply with you then failure is what you will get,that’s realistic answer since all of us known this

[bonker]

The experience did people only have the opportunity to trade properly and get credit for his work in a proper way otherwise if you start trading you cannot get the profit completely it will given back a little profit only so once you spend lots of time and your experience will be increasing while your experience is increased you can definitely get the profit to be increased.