Mabinat
Jr. Member
Offline
Activity: 140
Merit: 1
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November 16, 2018, 11:52:59 PM |
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I sell only when I see that I can make money on it already and buy when chaos occurs in the market
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comforteagle23
Member
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Activity: 218
Merit: 10
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November 17, 2018, 07:46:45 AM |
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I control the risks by tracking the status of each open position. Sometimes the control of each position is much more important than the analysis of each position when buying.
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South Park
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November 17, 2018, 09:53:05 PM |
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I never invest my finances in one project to reduce the risk of losing my investments. I do not do short-term trading, because my knowledge of the market and trading experience is not enough for this. I mainly do long-term investments in coins that are in the top coinmarketcap. With the high volatility of the crypto market, this carries the least risks.
That is a wise strategy but there is one exception to that rule and that is bitcoin, if you invest all your money in bitcoin it is true that you're not going to make as much money as if you invested in altcoins, but your money is going to be a lot safer by being invested in bitcoin than in any other coin, that is why the oldest members in the forum have all their money invested only in bitcoin.
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UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
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November 17, 2018, 10:11:34 PM |
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I trade in the short term and rely entirely on my intuition because no graphics in this market work
Relying only on your intuition is a huge mistake in my opinion, it is true that there is not a single indicator that can tell you how the market is going to move and what it is going to do but your chances of making money by using the right indicators and the right strategy are way higher than if you just use your intuition which is something that cannot be relied upon. By studying all the things about crypto first then once I have enough knowledge about it like investing, Im only invest a small amount but I'll make sure my asset have potential so that it givew me a good return. Also managing the risk is not easy because you never know what mighr happen and possible you do mistake.abut we can lessen mistake by having a strategy especially when do investing and trading or choosing a coin to buy. Before we proceed to our plan make sure to think widely wether its secured, and have some observation for everything in order to remain profitable and not going to risks.I believe it can bring good result if we have experiences and good strategies. Patience and not risk betting on the amount of money you can lose is the wisest method. You think, when the money you think you can lose to invest, you will be very comfortable when order
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nemey
Member
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Activity: 658
Merit: 10
Catena X
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November 17, 2018, 11:05:16 PM |
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I'm also new on this. but I will say it based on my experience. First in trading or earning the profits, I must learn more about the right time to buy the coins and the best coins to buy at that time. Commonly, I will see the market analyze and graphics on the market to buy such certain coins. However, they may be difficult. that is why it is better to learn by doing. Never think that we always will make the profits, sometimes we will loose but never regret.
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Dessy88
Full Member
Offline
Activity: 1050
Merit: 100
Vave.com
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November 17, 2018, 11:14:53 PM |
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I want to know how you relate the risks to profits? What is the determining factor for you to sell or buy coins? How many of you are trading short-term?
I always convince myself that profits are always accompanied by losses so when I lose I am used to dealing with them and I am also the type of person who sells short-term despite the price decline in the market I still dare to take risks
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goolesby
Member
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Activity: 574
Merit: 10
Gistcoin
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November 17, 2018, 11:40:19 PM |
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I actually have no special strategy because I am also still learning. but so far, I only pay attention on the market analysis, chance, and moment. I usually determine when to buy the coins if the price is still low but the cycle of the market buy and sell are high. I will make some profits if I sell the coins in the higher price. Of course, I must be more and more patient and smarter in deciding right time to buy and sell.
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prokurovt
Copper Member
Jr. Member
Offline
Activity: 140
Merit: 1
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November 18, 2018, 12:58:07 AM |
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Already quite a long time just do not bargain in the market, and more engaged in bounty. Ah and long-term coin
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lappa1414
Copper Member
Newbie
Offline
Activity: 84
Merit: 0
IRONX
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November 18, 2018, 01:07:10 AM |
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Already quite a long time just do not bargain in the market, and more engaged in bounty. Ah and long-term coin
So what's the use, with the current position of the market long-term profit is only a dream. It is clear that everything will be better. But trades, too, to cancel not worth it, if you feel that it is better.
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ajaymukund
Member
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Activity: 784
Merit: 10
https://streamies.io/
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November 18, 2018, 01:12:36 AM |
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I want to know how you relate the risks to profits? What is the determining factor for you to sell or buy coins? How many of you are trading short-term?
I usually order take-profit way my transaction price is only 5-9 $. That's the reason I have the least loss. Because this is a market with strong manipulation. So we need to take a take-profit order close to the price you bought. That will help you against many losses.
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SSSegrio
Copper Member
Newbie
Offline
Activity: 56
Merit: 0
https://temco.io
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November 18, 2018, 01:15:14 AM |
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Already quite a long time just do not bargain in the market, and more engaged in bounty. Ah and long-term coin
So what's the use, with the current position of the market long-term profit is only a dream. It is clear that everything will be better. But trades, too, to cancel not worth it, if you feel that it is better. It's everyone's business how to manage their coins. But do not forget that the risk is a noble cause. And it can be a success.
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Dumucoda
Jr. Member
Offline
Activity: 77
Merit: 1
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November 18, 2018, 01:30:13 AM |
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I want to know how you relate the risks to profits? What is the determining factor for you to sell or buy coins? How many of you are trading short-term?
I usually order take-profit way my transaction price is only 5-9 $. That's the reason I have the least loss. Because this is a market with strong manipulation. So we need to take a take-profit order close to the price you bought. That will help you against many losses. it all depends on your strategy in buying coins and when selling it, you must be good at taking advantage. markets often go up and down, movements are erratic so you have to monitor them frequently to find out their movements so you can make a decision to buy or sell. most people choose the long term because they want greater profits and they also know the risks.
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jamids
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November 18, 2018, 01:32:45 AM |
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I want to know how you relate the risks to profits? What is the determining factor for you to sell or buy coins? How many of you are trading short-term?
A 10% profit is good enough for me to take profit or if there are times when the resistance level is lower than that then I would take it. I am done with waiting for the price to up some more because most of the time instead of going up, it would just go down and worse is that it would be lower than my buy price and then I would just cut loss. I learned my lesson not to be greedy and just follow what my trading plan is.
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krisnajsadrak
Sr. Member
Offline
Activity: 1092
Merit: 250
Hodlers Network
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November 18, 2018, 01:46:03 AM |
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I want to know how you relate the risks to profits? What is the determining factor for you to sell or buy coins? How many of you are trading short-term?
i manage the risk by selling my coins when the price is going down and far away from my predictions,, then i will buy again in the deeper price, so i get more coins, then sell it when the price hit my target price,, this in only for my short term investments,, for long term i just buy and hold it in my hardware wallet
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Goldendragon67
Member
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Activity: 238
Merit: 10
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November 18, 2018, 09:51:06 AM |
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You know, risk control is a very subjective thing. My friend just look at the chart and he will say that if x10 coins can do, the risks are zero.
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Negdan4ik
Member
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Activity: 230
Merit: 10
The Exchange for EOS Community
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November 18, 2018, 10:04:10 AM |
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one of the important points is risk management, we can not always control ourselves, but it must be done in order to avoid mistakes in the future, hold your coins until the price reaches a maximum
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Babyjamz3026
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November 18, 2018, 10:11:05 AM |
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I have very poor risk and money management. I rush for fast profit and lose money in long term. I need to get advices on this matter. I don't know which strategy is better
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Serious Miner
Member
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Activity: 250
Merit: 10
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November 18, 2018, 10:27:58 AM |
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There is a proverb no risk no gain if you are going to start any kind of business then you must take the risk. To be free from risk generally, I love to invest in such projects where I can find a little risk out there and I do not prefer to invest all the capital in a single project but spread them different projects and do my own research for the best profitable coin.
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paxaway21
Member
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Activity: 364
Merit: 10
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November 18, 2018, 10:40:10 AM |
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not to lose fear of joining or investing in a project. many of today's bad projects and lots of scams. Needed is a positive outlook for making money.
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darshan331
Newbie
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Activity: 154
Merit: 0
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November 18, 2018, 11:09:52 AM |
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Using good software wallets is better and choosing better coins which is have best security and good price.
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