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gabmen
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December 09, 2019, 08:57:53 AM |
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If you want your profit to always be fixed in stable currency, it is better to trade in pairs with USDT. The price of Bitcoin is unstable. You can, for example, get more bitcoins as a result of any trade, but the price of Bitcoin will fall in relation to the dollar, which means that you actually do not just not make a profit, but may be at a loss.
Lol. I don't understand that. If you're trading btc-usdt pair, of course you'll have to sell at a value where you profit in usd. If you're trading btc with an alt pair, i don't think you should be looking at the dollar equivalent at all. That should be an entirely different considerstion. Just try to make as much btc or crypto pair. Of course you're not going to convert it to fiat when the value is down, right? |
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coin_1122
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December 09, 2019, 09:38:06 AM |
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If you want your profit to always be fixed in stable currency, it is better to trade in pairs with USDT. The price of Bitcoin is unstable. You can, for example, get more bitcoins as a result of any trade, but the price of Bitcoin will fall in relation to the dollar, which means that you actually do not just not make a profit, but may be at a loss.
Exactly, it is always good to convert our profit into USDT and it will surely help us to make more when the price drops. We should manage our funds in a different way to make a profit when we trade either with a BTC or USDT. Many people will be in a confused state whether to convert to USDT, in BTC. |
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Savemore
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December 09, 2019, 09:55:12 AM |
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Profits are not guarantee in the market but you can have a high chance to win in a trade if you know a lot of trading setups and if you can execute it very well. Planning beforr trading is very important and all of traders should plan their trade very carefully to prepare for the worst. Having a target profit and a stop loss are very important in a plan.
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akmal1984
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December 09, 2019, 10:08:50 AM |
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If you want your profit to always be fixed in stable currency, it is better to trade in pairs with USDT. The price of Bitcoin is unstable. You can, for example, get more bitcoins as a result of any trade, but the price of Bitcoin will fall in relation to the dollar, which means that you actually do not just not make a profit, but may be at a loss.
I dont really understand what you mean . Is trading always with usdt pairs or what do you mean?Or do you mean to say after we have all finished trading a currency, it will be safer if we immediately change our assets to USD?Because to be on guard in case of unexpected price reductions. |
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adroitful_one
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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
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December 09, 2019, 10:32:57 AM |
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I am not one of the day traders, but in my opinion the cryptocurrency market still has softer thresholds for entering the profession of a trader. General knowledge and analysis methods will be typical for both types of trading, however, the demand for crypto rises every day and this gives hope for higher chances of making a profit
Trading is not a game of chance, as many believe, but the result of good patience and ability to act at the right time. Of course, the trading bot does a great job, but they are better used as additional help in case of stop loss. Everyone can learn crypto trading. This is not a joke. AAnd learn asset management and investing. This requires a desire, because there is already a resource where to study cryptocurrencies and this is the taklimakan platform. Of course, I will not advise beginners to immediately invest in ICO projects, but for a start it’s good to have at least a couple of coins in your account, because long-term profit will definitely be worthy. The market is developing and if you are not very concerned about the minute profit, then you will remain with good income. One reason is that trade attracts people who are willing to risk losing everything. Of course, speaking of individual traders who use cryptocurrencies to generate additional income, the pressure is not so great. But when it comes to asset management functions, the situation becomes more complicated, because you risk not only your revenue but also your customers. Because no matter how quickly cryptocurrencies attract fresh people, really successful specialists in this field are as few as in the stock market The problem is, there's a lot of misconceptions on this forum that you need to invest $10,000 or more to get started trading. That is certainly not the case. You can very easily start with just a $100 investment or so and be making a few dollars a day from trading. It's not something you should risk your life savings on. Start with a small investment while you learn the ropes. It will be a lot less stressful to you and you can still learn a lot from it. |
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deisik
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English ⬄ Russian Translation Services
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December 09, 2019, 10:39:23 AM |
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If you want your profit to always be fixed in stable currency, it is better to trade in pairs with USDT. The price of Bitcoin is unstable. You can, for example, get more bitcoins as a result of any trade, but the price of Bitcoin will fall in relation to the dollar, which means that you actually do not just not make a profit, but may be at a loss There is a better approach to making your wealth invulnerable to price volatility What you do by selling bitcoins (or any other cryptocurrencies) for a certain amount of stable coin (or some fiat directly) can be done more efficiently and effectively by hedging, that is, by short selling your bitcoins. The indisputable advantage of this approach lies in the fact that you don't have to collateralize your short position in full (for example, at Bitfinex you need only 15% of the position value), so you can safely keep your coins in your personal wallet, which is an enormously better choice than sticking with some stable coin if you ask me |
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BuxCoin
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December 09, 2019, 11:10:48 AM |
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while trading everyone will be looking to take whats gained i do position in and out many times and leave the rest with minimum risk , i have did this from many years and managed my profits , every traders should his own way of managing losses and profits , that is what makes a trader to be successful in trading
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miningguru
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December 09, 2019, 12:03:37 PM |
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while trading everyone will be looking to take whats gained i do position in and out many times and leave the rest with minimum risk , i have did this from many years and managed my profits , every traders should his own way of managing losses and profits , that is what makes a trader to be successful in trading
Yes, they should manage their funds because the market cannot give profits every time, so we should always manage them when we see any loss. A trader will manage their funds, according to their convenience and it will help them to be in safe. It is their wish on which currency they need to convert. |
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Karmakid
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December 09, 2019, 12:19:13 PM |
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When I notice that I am in profits then I will look for the latest resistance base on the chart and that is where I will base my exit point, probably a little bit lower than the resistance so I can make sure that I can sell before it tap the resistance point. I always set my expectations and also profit taking realistically because if the profit taking target is too much then I would just end up losing money.
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Apened
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December 09, 2019, 12:56:57 PM |
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I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
We can't exactly exit on the market in the right high price. There is always a chance but it doesn't mean the market will be going up. Being greedy is not good in trading as we should be able to know when to sell and buy so we might get a peodit. |
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ice098
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December 09, 2019, 01:38:47 PM |
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Profits are not guarantee in the market but you can have a high chance to win in a trade if you know a lot of trading setups and if you can execute it very well. Planning beforr trading is very important and all of traders should plan their trade very carefully to prepare for the worst. Having a target profit and a stop loss are very important in a plan.
Yes,in trading there is no guarantee that we can win profit and have a high profit in every trade that we have. We just need to stay patient, if you got some profit already you need to save the half of it, for future purposes. Do not put all your asset in one trade only. |
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Blackdeath
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★Bitvest.io★ Play Plinko or Invest!
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December 09, 2019, 04:52:15 PM |
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It is really difficult to manage your trades, especially if you have a lot of agenda or personal matters, that is why i am using trading bots to help me to manage my trades while i am away, but it doesn't really help me to prevent my losses or make me to have a successful trades. Also, it is normal to have losses in trading, so managing your profits would be really difficult and to make a perfect trade.
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Aaroenz0r
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Option Blitz
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December 10, 2019, 01:58:44 AM |
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It is actually quite simple. Don't let your greed take over your mind and always have the concept of RR, 1: 2 or 1: 3 and so on. You only need to repeat this transaction discipline every day and before making an order. I tried doing this with a $ 50 margin trading margin and it really worked a lot. opportunities are many and when you miss an opportunity, don't be too regretful, focus on the next opportunity and always remember the rules of capital management that I have shared. You will never lose money.
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matchi2011
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Buy $BGL before it's too late!
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December 10, 2019, 02:02:33 AM |
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It is really difficult to manage your trades, especially if you have a lot of agenda or personal matters, that is why i am using trading bots to help me to manage my trades while i am away, but it doesn't really help me to prevent my losses or make me to have a successful trades. Also, it is normal to have losses in trading, so managing your profits would be really difficult and to make a perfect trade.
Trading bot helps you not to panic and limits your emotions while engaged to this business, If you will let the bot to work for you. Inside this market where volatility is really harming your investment you need to stand firm. You need to work with more enhancement of your skills tracing the position before you buy and sell your holdings. The more you understand the more you can get from your trading business. |
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LouVandetta
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December 10, 2019, 05:03:27 AM |
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Profits are not guarantee in the market but you can have a high chance to win in a trade if you know a lot of trading setups and if you can execute it very well. Planning beforr trading is very important and all of traders should plan their trade very carefully to prepare for the worst. Having a target profit and a stop loss are very important in a plan.
This is very true, most people that basically still a beginners in trading thought that trading will always give you profits. We can't really separate that thoughts, it shows how shallow a person can be if they just blindy engage in trading. It's quite simple actually, managing your profit, I mean. As long as we're in hold of our emotions, such as not make your emotions get under your skin which could make your greedy thoughts gets the better of you, you're good to go. And surely with enough knowledges about trading. As long as you've met your target, don't be too hungry for more. In most cases, the more you want it, the less you get it. |
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Xxmodded
Sr. Member
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Activity: 2254
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Undeads.com - P2E Runner Game
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December 10, 2019, 07:14:10 AM |
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Profits are not guarantee in the market but you can have a high chance to win in a trade if you know a lot of trading setups and if you can execute it very well. Planning beforr trading is very important and all of traders should plan their trade very carefully to prepare for the worst. Having a target profit and a stop loss are very important in a plan.
This is very true, most people that basically still a beginners in trading thought that trading will always give you profits. We can't really separate that thoughts, it shows how shallow a person can be if they just blindy engage in trading. It's quite simple actually, managing your profit, I mean. As long as we're in hold of our emotions, such as not make your emotions get under your skin which could make your greedy thoughts gets the better of you, you're good to go. And surely with enough knowledges about trading. As long as you've met your target, don't be too hungry for more. In most cases, the more you want it, the less you get it. I have planning with my trading and how to menage after getting profit, I always try to reached my target before start trading about 5% to 10%, after raise with my target profit with trading I sell my coin and never holding with higher amount because greed is most destroy your profit, I think try for start trading with other altcoin and keep imply with the same trading before with my target profit. |
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ashmodeus
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December 10, 2019, 09:45:35 AM |
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hmmm ...
sometimes i put it in USDT , but the mostly , i just using it for trading more .
or buy another cheap coins for hodl it , since actually with small amount of trading , hard to manage about our profits.
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seramania
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December 10, 2019, 03:36:03 PM |
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buying low and selling high are the classic strategies in trading. but maybe now I think when we sell at a high price, we are not obliged to buy, we are just waiting for the right moment for the price to decline and buy again at a low price.
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Twentyonepaylots
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December 10, 2019, 04:19:19 PM |
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buying low and selling high are the classic strategies in trading.
I've been using this strategy since then coz it's the basic one. Even without knowledge in trading can understand that strategy.
but maybe now I think when we sell at a high price, we are not obliged to buy, we are just waiting for the right moment for the price to decline and buy again at a low price.
At some point when the market create a blinds people could overlook the opportunities for some hopeful selling price. We are waiting for the prices to go up coz we already see the market doing that, but until when we will wait for that time? If nothing triggers it nothing will happen at all. I guess whales are being quiet for now and planning to make a move early next year. |
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ashmodeus
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December 11, 2019, 10:11:32 AM |
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hmmm ...
sometimes i put it in USDT , but the mostly , i just using it for trading more .
or buy another cheap coins for hodl it , since actually with small amount of trading , hard to manage about our profits.
Without cashing it out to your fiat money, hmm? I never had the thought of converting it into a stable coin so that I won't lose anything plus it is hidden here in my digital wallet. I always just kept it in Bitcoin as my small earnings from sign campaigns plus also an investment at the same time. as i say before , its complicated , that why i prefer to put it to another cheap tokens/coins rather than cashing out , high fees ,small budget of trading of course will get small profit on value based. well on this cases , we ignoring btc since small budget cant get enough profit . so , when i buy btc , i choose that as a investement , not a trading goods. |
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