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Author Topic: How to Trade cryptocurrencies comfortably with profit  (Read 1555 times)
Kiweikoo
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March 18, 2019, 08:42:25 PM
 #121

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.
Right suggestion, other precaution I would also suggest any trader to take is to always make use of exchanges that has the stop loss tool for trading, the market is really full of uncertainties and no matter how perfect one might think he is, mistakes are bound to happen irrespective of the precautions but what totally discourages the enthusiasm for trading is when the loss become too much and the only way it can be minimized is when stop loss is applied.
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March 18, 2019, 10:05:23 PM
 #122

 you should buy it when the price is at the bottom.  when you make a profit, you have to pocket the money..  In fact it is very easy to win on the market. but you should check your feelings. If you are not patient, And if you get greed, you'll probably be lost.

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March 18, 2019, 10:42:46 PM
 #123

you should buy it when the price is at the bottom.  when you make a profit, you have to pocket the money..  In fact it is very easy to win on the market. but you should check your feelings. If you are not patient, And if you get greed, you'll probably be lost.
There is no nee to wait for its bottom price and buy cause we can't actually never know when it happen. Seeing it having in low price is an indication for the right time to buy and we shouldn't have to waste that moment. It could be good to start with a enough capital so we can choose those potential coins in the market and not just we go into low volume coins.
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March 18, 2019, 11:00:08 PM
 #124

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.
That's it, we should have that self confidence and have to focus of what we are doing cause if we are not in full time trading definitely we can't catch the right time to do buying and selling of our coins. It only works if we work on it, and letting it stay in a certain exchanges will never give assurance to make profit.
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March 18, 2019, 11:47:11 PM
 #125

you should buy it when the price is at the bottom.  when you make a profit, you have to pocket the money..  In fact it is very easy to win on the market. but you should check your feelings. If you are not patient, And if you get greed, you'll probably be lost.
There is no nee to wait for its bottom price and buy cause we can't actually never know when it happen. Seeing it having in low price is an indication for the right time to buy and we shouldn't have to waste that moment. It could be good to start with a enough capital so we can choose those potential coins in the market and not just we go into low volume coins.
Exactly, we don’t know what is the bottom but if you do trading you should know when to enter that is base on your study. Trading is not easy, and it should be done accordingly there is so many active coins now whether its on their peak or not if you see opportunity to buy a down coin trade, buy and sell on peak.
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March 19, 2019, 01:43:20 AM
 #126

you should buy it when the price is at the bottom.  when you make a profit, you have to pocket the money..  In fact it is very easy to win on the market. but you should check your feelings. If you are not patient, And if you get greed, you'll probably be lost.
There is nothing more comfortable in pursuing profits than HODL, because this is a passive investment where the bitcoin owner will only sell it when prices go up and profits are certain.
Because it is passive, of course profits cannot be accumulated into a lot because they sell once and wait for prices to go down. In contrast to active trading where always enter the market to buy and sell, so that profit or loss is speculative.

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March 19, 2019, 03:29:03 AM
 #127

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.
That's it, we should have that self confidence and have to focus of what we are doing cause if we are not in full time trading definitely we can't catch the right time to do buying and selling of our coins. It only works if we work on it, and letting it stay in a certain exchanges will never give assurance to make profit.
This needs educating yourself, it's should be a constant education in order for you to fully understand the market movement.
Trends might change from time to time so you need to updated to that, there are a lot of factors to consider in order to be an effective trader, you need to know them all, it does not guarantee that you will be correct all the time but at least it will increase your chances.

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March 19, 2019, 10:36:15 AM
 #128

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.
Your biggest enemy in trading is your emotion, you should control your emotion in trading. Don't be greedy, stay on your targets or plan. Trading is just building a house, you have your blueprint first, so in trading, you have your chart setup with some indicators or your trendline or whatever techniques you will use to make a blueprint for your trade.
Lastly, you need also risk management, only trade what you afford to lose. Trading is also gambling but you can minimize your losses if you have your risk management.

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March 19, 2019, 10:57:51 AM
 #129

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.

Absolutely, we should build our confidence and then start to trade, in confusion and anxiety we can't do trade properly even we know the basic rules of trader. Actually in trading our decision to buy or sell on right time is matter, For example, in day trading, if we not sell our coins on a high price and feel confusion and our mind is busy in other matters or discussion then definitely we will lose the chance to make profit.









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March 19, 2019, 11:19:21 AM
 #130

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.

so, the question could be understood that trading crypto without comfort could be profitable?  Smiley
what is 'comfortably' here?
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March 19, 2019, 05:03:53 PM
 #131

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.
While I understand the desire to make a lot of money in an easy way the truth is that most of the time that is not possible and you need to take a decision, do you pursue profits or comfort? And if you are in this market then you should select profits, as a trader or investor that is the only choice even if that means that you need to put a significant amount of time and effort to get to your goals because at the end the profits are going to be worth the effort.
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March 20, 2019, 08:51:03 PM
 #132

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.
While I understand the desire to make a lot of money in an easy way the truth is that most of the time that is not possible and you need to take a decision, do you pursue profits or comfort? And if you are in this market then you should select profits, as a trader or investor that is the only choice even if that means that you need to put a significant amount of time and effort to get to your goals because at the end the profits are going to be worth the effort.
I think here is point towards patience which is written as comfortably, because crypto currency rise and fall use to come, so we will have to make it easy for us to stay wise by making investment at low price and to sell at high, you only have to avoid selling at panic and to have patience because patience is another name of success in crypto currency.

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March 21, 2019, 05:07:49 AM
 #133

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

Exactly, sometimes situation will not be in our control because even though we try very hard to make profit but market situation makes us to wait many days for making profit. So it is always good to wait until your desire target is reached, otherwise you might loose more value.
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March 21, 2019, 06:55:46 AM
 #134

You can definitely trade cryptocurrencies comfortably and make good profits. Just don't care about the market situation, buy a few good stable altcoins and hold them for long-term. In this way, i believe you can make good profits in the long run.

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March 21, 2019, 08:39:06 AM
 #135

You can definitely trade cryptocurrencies comfortably and make good profits. Just don't care about the market situation, buy a few good stable altcoins and hold them for long-term. In this way, i believe you can make good profits in the long run.

Market situation, market situation, market situation, something I saw million times! But what is market situation? For example someone bought bitcoin at 19k, price dropped hard, that someone lost money, now that person is saying that market situation is bad? But what is with people who bought under 1000 dollars, sold at 19k and now they are buying again? Now they have money, they have same or higher amount of bitcoins, how will you classify their market situation?
I support your decision to hold some coins for a long term, its a good strategy, but don`t mix that with day trading. I`m making some profit like that, and for me more swings there is, higher profit I can make.

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March 21, 2019, 10:40:09 AM
 #136

Yes, it is possible. It is possible to trade cryptocurrency comfortably with profit. Cryptocurrency trade is easy if you can do the right thing. You never consider a huge profit when trading cryptocurrency. At first, it must be remembered that I can make just as much money as I have invested. Then second time investing will have to try to earn a little profit. By earning a little less profit in this way, you can earn more profit. You will avoid mistakes as much as possible while trading cryptocurrency. Then you will be able to trade cryptocurrency comfortably with profit.

Thank you

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March 21, 2019, 10:56:25 AM
 #137

That's it, we should have that self confidence and have to focus of what we are doing cause if we are not in full time trading definitely we can't catch the right time to do buying and selling of our coins. It only works if we work on it, and letting it stay in a certain exchanges will never give assurance to make profit.
This needs educating yourself, it's should be a constant education in order for you to fully understand the market movement.
Trends might change from time to time so you need to updated to that, there are a lot of factors to consider in order to be an effective trader, you need to know them all, it does not guarantee that you will be correct all the time but at least it will increase your chances.
Active trading is still a game of luck though requires lots of strategies, it is not as easy as he said knowing when a coin has bottom if used for trading, the best is what you have said, buying a coin when one feel it has bottom and holding for it to grow past the buying price till we see the substantial increase we are contented with for us to remove.

Not many people are traders and that is why some people that tries it no matter the knowledge they have acquire still end up losing out, the best form of this crypto investment is actually HOLDING.
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March 21, 2019, 11:29:21 AM
 #138

Trading on crypto currency and making money from it involves a lot of decsiplene and knowledge.  Learn how to buy the news and sell thr rumour with that kne can maximize profit during trading. Learn to also do away with greed

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March 21, 2019, 11:34:19 AM
 #139

A crazy better knowledge of the market is the basic determinant of the market and i think it will help to have some trading skill and then determine the amount you are willing to trade most of the time those things are just needed to successfully make a good trade

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March 21, 2019, 12:09:02 PM
 #140

You can definitely trade cryptocurrencies comfortably and make good profits. Just don't care about the market situation, buy a few good stable altcoins and hold them for long-term. In this way, i believe you can make good profits in the long run.

Market situation, market situation, market situation, something I saw million times! But what is market situation? For example someone bought bitcoin at 19k, price dropped hard, that someone lost money, now that person is saying that market situation is bad? But what is with people who bought under 1000 dollars, sold at 19k and now they are buying again? Now they have money, they have same or higher amount of bitcoins, how will you classify their market situation?
I support your decision to hold some coins for a long term, its a good strategy, but don`t mix that with day trading. I`m making some profit like that, and for me more swings there is, higher profit I can make.

I guess what they pertaining to "market situation" is very relative to the individual's perspective and standpoint. In general, the market situation depends on the current and actual data of its price, like there may be a bullish or bearish trend depending on the consistency of its price increase or decrease. I suggest that to individuals who purchased bitcoin when its price skyrocketed, the best way to at least mitigate the damage is to HODL and wait for the price to skyrocket. It is in your discretion when and how you should cash them out.

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