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Author Topic: Can you share your trading experiences?  (Read 2756 times)
usekevin
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August 22, 2018, 10:29:57 PM
 #41

Trading is not a easy one.Because you need more patience to get profit from it .Many new traders had lost their by panic selling.You have to be patience till the price increase and don't get panic at any situation.This two is quite enough to get profit from cryptocurrency.With this you have to use the basic trading statics.You have to buy bitcoin at low price and sell at high price.This two factors is quite enough to yield profit from Trading.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Dannaey
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August 22, 2018, 11:51:53 PM
 #42

I've been trying to study day-trading. I've always enter at wrong entry point. That's why I always become a bagholder. So I have no choice but to hodl them and wait to increase for a profit or just simply breakeven. But it is okay. At least I was learning.  Smiley

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August 23, 2018, 06:22:12 AM
 #43

Most trading experiences I can elude to are the ones i regret  Grin

Around July 2017 I was starting to actively trade crypto daily and was doing very well at the time. You pretty much couldn't lose and then IT happened.

I had some open trades on Kraken for about 100 ETH on one x5 leverage and 10 BTC on the other also x5 leverage.

I was up about 20k USD at one point and for some stupid reason I allowed emotions to get the best of me and thought I would wait until I was up 25k and then 30k so on and so on.

To keep a long story short - market started crashing and the 20k profit I had quickly turned to nothing and I got liquidated. Moral of the story is always take profits whenever possible and do the best you can to remove emotion from your decision on whether to buy/sell or place a trade even.
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August 23, 2018, 06:50:28 AM
 #44

I have been trading since 2007 and one thing that I have through experience is never tried to control the market as the market has it own mind.  This very good to cut the loses as quickly as possible and allow the profits to run for long time.
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August 23, 2018, 07:54:18 AM
 #45

Almost all of my trading experience I lost in my income and whatever strategy I am doing now is still in the market price is low until now i hold bitcoin it never rising the price.

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August 23, 2018, 08:00:47 AM
 #46

Almost all of my trading experience I lost in my income and whatever strategy I am doing now is still in the market price is low until now i hold bitcoin it never rising the price.
me, too. there is nothing interesting about the trading that I do. sometimes I hold it too long so that it passes the moment where I can get a lot of profit. well, there is always greed in me, in the end I lose this.

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August 23, 2018, 08:06:58 AM
 #47

I tried a bit of day-trading in January this year when the market was still at the relative uptrend.
I uploaded around $200 to Poloniex to play around and just to see how it all works from the inside.
I learned how to recognize a few signals on charts and even made some profits, but eventually I got bored. It's a too monotonous activity for me.

So I've decided to concentrate on what I know best and go on with marketing for blockchain projects. The best way to make money on the overheated market is to provide it with what it needs most.

https://medium.com/@kate.poisonglen
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August 23, 2018, 08:11:10 AM
 #48

I started trading in a good market position when every coin is going to the moon and after some time, I have earned good profit but in next few months market trend change the picture and every coin to the worst position and till now the actual position was not repeating for that time when I entered the market.
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August 23, 2018, 10:05:23 AM
 #49

I think everyone has his or her own way and his style as well. Day trading is good for people that understand trading and technical analysis as well. Rather, if you do not have all the time, you can choose to trade/invest and hold for long term. All these are trading strategies
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August 23, 2018, 02:00:38 PM
 #50

My good experience in trading came from last year that when the price of bitcoin and altcoins reach all time high and at that time because the price day by day always be increase then almost everyday i got decent profit but since beginning 2018 my trading results was pretty bad and very difficult even for recover my loss

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August 23, 2018, 03:19:27 PM
 #51

Hello,

I was joined in crypto world almost one year ago. In this period, I am continuously learning from here and also work here. That's why I got some money and from those money I save some. Now, I want to start trading though the market situation isn't good now but I want to do this. I am also ready to take risk.

For doing that and getting inspiration, I need to know about its details. It will be good when you share your experiences.
Let's share your opinion here.
Thanks
Telling true I think that any successful trader will not give you any free advice to you. Because unfortunately trader learns from mistakes. Only our own experience, both positive and negative, will allow us to develop our own profitable trading system. But you can learn knowledges about trading by yourself. Of course it takes more time, but it is really work. First of all you should start from learning theory, technical analysis through indicators, Elliot's waves and etc. Personally I like trading methods of William D.Gann described on "45 Years In Wall Street" and "Dimensional Stock Market Structures and Cycles" of Bradley F. Cowan.
Learn always when you have free time. Do not believe anyone, there are no authoritative opinions in this market. Learn, to rely only on yourself and your experience. Knowledge is the power, which help you to make really a big money in this market. And not only in this...
In order not to sell on the red market, personally I advice always set a stop loss and trade according to principals of diversification and money management.
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August 24, 2018, 11:10:29 AM
 #52

There is no easy start to this business. Without mistakes we can't succeed. And surely the mistakes are the heavy part of this story. But, if you never try what you never did, you'll never reach what you never had.
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August 24, 2018, 12:11:43 PM
 #53

To my mind, it is very useful to share experience. To my mind, it is better to share it here and at any other forums, you can also watch the videos and listen to the expert advice
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August 24, 2018, 01:41:20 PM
 #54

First when I am new to the crypto trading I am afraid of it cause I am new and do not know yet what will I do. But when I learn the crypto trading and know how to do it little by little my fear has over come cause I know already how to handle the crypto trading. Also trading for newbies is to risky and when you want a passive income you should do the day trading. When you do the day trading, you have to have all of your time and monitor the time.
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August 24, 2018, 04:00:35 PM
 #55

My experience when entering into a cryptocurrency transaction is that I trade a lot of coin and every type of mine has its own plans for many types of coin that make me plan to be more specific.
I have been trading a lot, so much experience I got. but I feel that I'm not doing that well. I feel that when I sell coins I have, the price of the coin always rises. well, so many defeats that I received until that could be my basis in building enthusiasm.
The important thing is if you made any money at all with those trades, I know that feeling, it seems that whenever you sell everything goes up, this may mean that you need to learn to be more patient with your trades but this could also mean nothing since it is impossible to sell at the top of the market all the time, remember always judge a trade based on the profits you made not on the profits you could have made.
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August 24, 2018, 11:04:52 PM
 #56

If you want to start trading in crypto currency, then first of all learn to use stop loss, which is the most important tool in trading that will save you from losses and help you earn.
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August 25, 2018, 03:16:16 AM
 #57

My trading experience is that I usually buy coins in the trading market at a low price and will sell the coins at a high price, it is my trading experience, I usually use trading with a long term

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August 25, 2018, 06:06:02 AM
 #58

Hello,

I was joined in crypto world almost one year ago. In this period, I am continuously learning from here and also work here. That's why I got some money and from those money I save some. Now, I want to start trading though the market situation isn't good now but I want to do this. I am also ready to take risk.

For doing that and getting inspiration, I need to know about its details. It will be good when you share your experiences.
Let's share your opinion here.
Thanks
if you want to  overcome all of that you must do is to trust on yourself and calm in what situation that you receive just think positive always
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August 25, 2018, 07:00:20 AM
 #59

Have you thought about trying depth chart analysis for your day trading? It's what I do to view short-term sentiment and momentum, and then trade off it. I am now making 1-2% consistently on the majority of my trades, getting in and out quickly. Losses are contained when the market moves against you.

The discord community I learned this from are great. Check it out: Voodoo Crypto Discord

Any questions, let me know!
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August 25, 2018, 07:57:36 AM
 #60

When i go to the coinmarketcap,  i have seen all price of crypto dumped hard and if the price going up back to the top we can make huge profit up to 10 to 20 times.  I think now is good times to put money in to crypto and hold it untill the price going to the highest level. Put your money for day trading and also swing trading. In my opinion bull market  will coming.

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