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fullhdpixel
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August 31, 2018, 08:26:25 AM |
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Trading is not that much harder,it is just buying and selling the crypto currencies so you don't have to be afraid of doing this and also be strong on your decision and don't look at your losses it is just a lesson and move on to find the better strategy.Remember that you are not a loser until you loset your self confidence of getting successful into something.
I can bet my little satoshi on it that you are not even a trader to be giving such an advice. Trading is not easy at all, and the only way you can make it easy for yourself is if you are willing to learn as much as you can just like any other profession. The mistakes a lot of people make is to assume like you that it is all about buying low and selling high, but you need a strategy to know exactly when to buy, when to sell and when to be getting out of the market even at little loss. Self-confidence can only be gained after you have learned and practice very well, it just does not fall from the sky. |
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websoftwareengineer
Full Member
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Activity: 364
Merit: 100
Blockchain with VTOS energy
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August 31, 2018, 09:09:12 AM |
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In my opinion, I want to overcome my own fear of no other way than to face it daily. At some time you feel tired tired, the fear does not stop you anymore. Of course, confronting fear is not something that we will not fear but will only make us braver in certain cases. In short-term investment, if you want to succeed as I must know take a loss. It is one of the most important skills of venture capitalists
Fear is necessary in every traders in order to feel if you should sell your coins or hold even more, but try to become knowledgeable by reading different news rather than creating your own conclusion without conducting a research. |
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Sanitough
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August 31, 2018, 09:12:02 AM |
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In my opinion, I want to overcome my own fear of no other way than to face it daily. At some time you feel tired tired, the fear does not stop you anymore. Of course, confronting fear is not something that we will not fear but will only make us braver in certain cases. In short-term investment, if you want to succeed as I must know take a loss. It is one of the most important skills of venture capitalists
If you really want to achieve something, you should know the risk and take the risk as it's the only way to achieve your goal. The fear will only come if you are not prepared, be realistic and understand that in trading there is also a chance that you will loss your money, so make sure you only risk what you can afford to lose. |
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blokceyin
Member
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Activity: 168
Merit: 11
Sound/Foley FX Design Service For Your ICO Videos
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August 31, 2018, 09:20:03 AM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
If you are new in trading, you should avoid trade in the short term. If you do that you will probably lose what you got. It's just too early to make earn your daily needs. Also very risky. Your fear is totally appropriate in your situation.  For the beginning, I can suggest you start with a very little amount of money and do it as a test. |
Sound/Foley FX Design Service For Your ICO Promo Videos
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natsu01
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Activity: 392
Merit: 21
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August 31, 2018, 11:03:00 AM |
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Don't be feared of doing something in trading cryptos, if you gain then it is good, if you loss some funds then it will be a lesson for you not to take those errors that you did recently. If you don't take risks, you will not be successful in trading because trading of cryptocurrencies requires risks to be deal with. To start trading, you must have the enough funds to buy the price and quantity of the coin/s you want to trade.
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Tigorss
Member
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Activity: 308
Merit: 10
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August 31, 2018, 11:56:42 AM |
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Only allocate a very small amount for your trading as you're quite new, and as you're still in the learning stage. Just so it wouldn't affect you that much if you lose your trades. You're very unlikely to make money while still starting out anyway.
to start trading on crypto or bitcoin, my advice is your first get to know what it is bitcoin and how the market bitcoin work, from the start increase and decrease in the price, strategy, you should be able to read more or looking for how to trade for newbies so that you don't get a loss of |
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lushlife
Newbie
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Activity: 280
Merit: 0
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August 31, 2018, 05:06:00 PM |
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If you're really that scared in doing a live trade risking real money,
then try trading simulation, there are many out there. that way
you won't be scared doing a trade because you won't risk real
money
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KuromaYoichi
Sr. Member
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Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
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August 31, 2018, 05:12:01 PM |
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First you have to use money which you can afford to lose, you can use the money that's left after you use them for daily necessities and saving portion. Then you should learn about trading first to reduce the bad trades that you can make, keep learning and use a small capital at the start, if you get the hang of it then you can start using bigger amount.
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Adrin
Member
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Activity: 294
Merit: 10
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August 31, 2018, 06:09:50 PM |
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If you have lots of money then you can make yourself automatically fearless. But if you have little amount of money then it is very simple to be fear for lose. If you think that lose and profit is a part and parcel in our life then it can make you some confident. There is no alternative for practice. More practice can make you more confident. So practice trade first. Then watch market I mean look at the volatility. Remember that you can’t make profit daily. If you can make profit today, tomorrow and even after tomorrow then sure you can make lose 4th day. It is very hard to continue profit daily. If you make lose today be calm and wait for next day. Always try for reduce your loses. Never try for recover your loses in the same day. That’s all.
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Itjoker
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August 31, 2018, 06:28:03 PM |
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Trading is really very difficult and stressful job. First of all you should be self-confident and learn basis of technical analysis. Personally I start to trade with small amount of money and so test my of trading system.
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dewi91
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August 31, 2018, 07:14:15 PM |
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Start with small amount and learn about trading first before you try it. Indeed trading have the risk but it's not mean you will always fail if you do that, you should try to know your skill in trading and learn how to control your emotion especially in red market. Don't be affraid of something that you've never done, just try it.
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rainezerr
Full Member
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Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
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August 31, 2018, 07:26:21 PM |
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Only allocate a very small amount for your trading as you're quite new, and as you're still in the learning stage. Just so it wouldn't affect you that much if you lose your trades. You're very unlikely to make money while still starting out anyway.
to start trading on crypto or bitcoin, my advice is your first get to know what it is bitcoin and how the market bitcoin work, from the start increase and decrease in the price, strategy, you should be able to read more or looking for how to trade for newbies so that you don't get a loss of Yes you are right, being knowledgeable is very important in this industry in order to avoid losing a huge amount of investments due to panicking in the market. |
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darewaller
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September 01, 2018, 08:35:56 AM |
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In my opinion, I want to overcome my own fear of no other way than to face it daily. At some time you feel tired tired, the fear does not stop you anymore. Of course, confronting fear is not something that we will not fear but will only make us braver in certain cases. In short-term investment, if you want to succeed as I must know take a loss. It is one of the most important skills of venture capitalists
Like most professionals here always say, the only way to overcome your fear is to face your fear. However, there is no way you will face your fear and not fail if you are not well equipped for it. A lot of people always think they really do not have much to learn when it comes to trading, but this is something that is highly technical, and the technicalities within this space is even more complex than others. Hence, in this regard, I believe anyone who is really ready will need to learn very well and practice with at least fake funds or little money so as to build the confidence and learn from mistakes made during this process before even entering the real trading world. |
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sublime5447
Legendary
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Activity: 966
Merit: 1000
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September 01, 2018, 02:11:31 PM |
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This is a rhetorical question, you actually already know the answer because you should be the one who knows yourself better than others. Okay I will share my own way, if I am afraid then I’ll count one to three while breathing air and release it quickly so I won’t think of anything.
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Zooplus
Legendary
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Activity: 1106
Merit: 1000
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September 01, 2018, 03:29:12 PM |
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Start with small amount and learn about trading first before you try it. Indeed trading have the risk but it's not mean you will always fail if you do that, you should try to know your skill in trading and learn how to control your emotion especially in red market. Don't be affraid of something that you've never done, just try it.
Take risks.You will never learn lessons in trading if you never try it by yourself and are afraid of taking risks.Since day trading is more risky than long term holding,i suggest that you should be more patient and more focused on the different movements of the coins in the market so you will know the right timing to start day trade. |
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robertsu
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September 02, 2018, 03:41:37 AM |
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Fear can be to die with experience, you just need to understand that some of your reactions dont give a result. Next it is work on self control on the practice.
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acener
Full Member
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Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
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September 02, 2018, 03:53:59 AM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
You should be brave and willing enough to take the risk in trading and investing. Better learn about all the basics of trading by eagerly learning all the fundamentals of it. Trading need a lot of braveness and patience so you better learn how to handle your emotions. |
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iASIC
Member
Offline
Activity: 308
Merit: 10
AMA BCT
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September 02, 2018, 04:09:52 AM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
I think you should start investing now in small amounts. Take the $ 400-500 range to start investing in something you like. You can spend 2 days analyzing the market, after you understand how the market works, you will know what you should do with your money. |
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Caladonian
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September 02, 2018, 04:52:18 AM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
You should be brave and willing enough to take the risk in trading and investing. Better learn about all the basics of trading by eagerly learning all the fundamentals of it. Trading need a lot of braveness and patience so you better learn how to handle your emotions. Is nonsense starting without any ideas or knowledge regarding to the risk that you will going to face in, be aware that the more risk you take inside this business the more gains also that you will acquired, what matters here is how you can deal with it with full confidence, knowing your advantage and allowing yourself to explore and learn can motivate you more facing your fears. |
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Catswold
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September 02, 2018, 08:22:41 AM |
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In short, avoid allowing fear to make decisions for you. Define your investment or trading strategy. Learn about it. Know what you plan to do and why. Write it down to remind yourself. Consider how you can flip the situation and see it from a different perspective. The key to overcoming loss aversion and other predictably irrational tendencies is to identify them, understand them, and create a system for dealing with them that works for you.
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