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Author Topic: So much money being made by crypto traders! Can you see that?  (Read 1127 times)
Ruffian1314
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November 28, 2018, 04:54:25 AM
 #41

Many experienced traders are really earning a lot of profits in altcoins that are not in top most rank who always not seen by many. These altcoins pumps a atleast 100% up to 1000% and these where they got profits. Not all of the altcoins falls when bitcoin is down.
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November 28, 2018, 05:00:54 AM
 #42

good altcoin traders are always making money, and they are making a lot of it not because of green in some top coin but because of the coins that you don't see on top but are getting real pumps! these coins are getting pumped at least 100% in a very short time and the traders take their money out right away back to their cold storages.

I agree with you. Good traders make money most of the times because they have an understanding of the market. Unlike the majority of the market players, those traders don't usually focus on the top 100 coins but on those hidden ones down the list that are most often pumped and dumped.  It takes skills to actually make good money as a crypto trader.
Indeed, in order to make money on the exchange in bear market needs a great knowledge of the market as well as a certain flair. Beginners have nothing to do there. They quickly lose all their coins on the stock exchange. Therefore, it is not worth envy other people's earnings. Each of us may try to trade, but the risk of losing our money there is the greatest.
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November 28, 2018, 06:52:31 AM
 #43

I think it is too early to talk about a full-fledged rise in the cryptocurrency market. The downtrend is still dominant, and periodic rises are just a correction. Most likely, in the near future we will see a reduction in the BTC to $ 3,000, and this level could be a pivot point.

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November 28, 2018, 06:59:04 AM
 #44

Of course, this is not the end of the crypto market. You are right all this manipulation in the market and does not reflect real things, the price of cryptocurrency is very low. All who know how to trade, a lot of money could earn on such a fall, now they will earn in a growing market. I think he will not fall.

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November 28, 2018, 01:31:14 PM
 #45

Of course, this is not the end of the crypto market. You are right all this manipulation in the market and does not reflect real things, the price of cryptocurrency is very low. All who know how to trade, a lot of money could earn on such a fall, now they will earn in a growing market. I think he will not fall.

Exactly my point. The current state of the market doesn't mean that everybody is losing money. There are still those that would be making money taking advantage of the market fluctuation, and those are the skilled traders and deep pocket investors.
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November 28, 2018, 01:37:50 PM
 #46

good altcoin traders are always making money, and they are making a lot of it not because of green in some top coin but because of the coins that you don't see on top but are getting real pumps! these coins are getting pumped at least 100% in a very short time and the traders take their money out right away back to their cold storages.

I agree with you. Good traders make money most of the times because they have an understanding of the market. Unlike the majority of the market players, those traders don't usually focus on the top 100 coins but on those hidden ones down the list that are most often pumped and dumped.  It takes skills to actually make good money as a crypto trader.
Indeed, in order to make money on the exchange in bear market needs a great knowledge of the market as well as a certain flair. Beginners have nothing to do there. They quickly lose all their coins on the stock exchange. Therefore, it is not worth envy other people's earnings. Each of us may try to trade, but the risk of losing our money there is the greatest.

That is not far from the truth. The market is not for those with layman knowledge of crypto trading. I tried trading when I joined the industry newly and I lost more than 70% of my trading fund within a short space of time which forced me to pull out and commit to learning about the market and cryptospace in general. Trading is not for newbies!
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November 28, 2018, 01:39:01 PM
 #47

The current state of the crypto market is definitely not for newbies but for those who have a good understanding of how it works. You don't need an expert tutorial to know that good crypto traders are still making a huge profit from market speculations despite the downward trend in value that bitcoin and various altcoins have witnessed in recent days. CoinmarketCap data today, as shown below, reveals that out of 100 top coins 98 are on green. I think this is reassuring that it is not over yet with the crypto. How far do you think this Green will go?.



source: coinmarketcap.com 2018-11-26-08_14_50
well why jot it ks jot so ezsy to be a trader and those peopel are awarded for their hard work anddetermination to earn a lot

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November 28, 2018, 01:43:35 PM
 #48

Of course it's nice to finally see the market in green, but I think this is not the beginning of a bull!
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November 28, 2018, 02:24:09 PM
 #49

Must know that good crypto traders are still making a huge profit from market speculations not despite the downward trend and not despite the up ward trend and dont think in terms of green or red markets, they simple create trading skills for that.
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November 28, 2018, 02:36:05 PM
 #50

At the current state, being a newbie in this condition is just the same as donating our money into someone we don't know.
Cause it will be too risky to invest right  now for newbie.

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November 28, 2018, 02:48:43 PM
 #51

You can trade successfully in a falling market.The main thing at the same time,in my opinion, is not to look for large percent of profits, but to trade in a short market-a maximum of a few hours. The profit can be 1-3% per day. If you have a large amount it is already a good income.
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November 28, 2018, 02:56:02 PM
 #52

There are going to be big green days and big red days, we are in still in a bear market and probably will be for quite some time but I have faith in the long term. Traders can still make great profits off the volatility.

PlutusDEX are offering zero fee crypto trading btw for anyone that is interested https://plutus.it/dex
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November 28, 2018, 03:00:51 PM
 #53

I hope the bitcoin can reach back 8000 in the end of this year. We have been below profitable mine. If prices do not rise again the miners will unprofitable and they sell it, network will become slow or congested.

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November 28, 2018, 03:19:33 PM
 #54

These green still can not recover the previous price but when the market green again then most people are getting excited again to know how far these situations will last but in 2018 most of crypto price went to unpredictable and there is no guarantee the market will back to high again however regarding the market movement on my predictions this is will last for next few days

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November 28, 2018, 03:56:01 PM
 #55

It was long before i could realise the trading is one of most, if not the most lucrative part of cryptocurrency. How i got to know were the encounters i had while trying to buy some coins to hold. I discovered that most of the coins i bought were just undulating in price. At a point, they would pump so well and before you know it, everything would have dumped. After several occurrences of this nature, i discovered that it was the activities of traders that cause the fluctuation.
So traders are really making money, no matter the condition of the market.
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November 28, 2018, 04:04:48 PM
 #56

There is money to be made but it's very difficult to predict when the red and green days are going to happen. It is more about luck than skill at this point, but if you have long term goals then just buy everything
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November 28, 2018, 04:09:26 PM
 #57

I don't think that the chart proves anything about traders making money. yes they are trading but some would be making money and at the same time some would be loosing money.

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November 29, 2018, 04:12:57 AM
 #58

It was long before i could realise the trading is one of most, if not the most lucrative part of cryptocurrency. How i got to know were the encounters i had while trying to buy some coins to hold. I discovered that most of the coins i bought were just undulating in price. At a point, they would pump so well and before you know it, everything would have dumped. After several occurrences of this nature, i discovered that it was the activities of traders that cause the fluctuation.
So traders are really making money, no matter the condition of the market.

You are right. Trading could be very lucrative. But not without its downsides. That's why it is not a good crypto engagement for newbies. Expert traders with a huge amount of investment fund are the ones that pump and dump the coins. If you don't know this you may be tempted to fall prey when the coins are pumping without knowing when it will dump. That could lead to a big loss.
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November 29, 2018, 06:23:14 AM
 #59

Coins will grow when newcomers lose interest in the market and sell all their cryptocurrency. There is a syndrome of gold fever. I see it every time I look at the market situation.
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November 29, 2018, 06:35:09 AM
 #60

Sometimes I doubt if the fluctuations in the market is not organically manipulated. Especially in such situations whereby all the coins would be in green or red at the same time. I feel that it shouldn't be possible for all the coins to be gaining or losing value at the same time. But this scenerio is not uncommon with the crypto market.
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