cryptobae10 (OP)
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Activity: 658
Merit: 5
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April 09, 2019, 06:54:54 PM |
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Crypto currency trading is quite hard; we mostly lose some and we get to win some.
And the tendencies of making the right decision is what ensures whether our portfolio is in profit or losses In order to ensure consistency; we have to avoid fud and be focused
NB: this is my personal experience from trading and I do hope you get to give more insights and correct my wrongs Thanks in anticipation
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pishite
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April 09, 2019, 07:10:02 PM |
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Crypto currency trading is quite hard; we mostly lose some and we get to win some.
And the tendencies of making the right decision is what ensures whether our portfolio is in profit or losses In order to ensure consistency; we have to avoid fud and be focused
NB: this is my personal experience from trading and I do hope you get to give more insights and correct my wrongs Thanks in anticipation
The thought you expressed concisely. It is not clear how to trade. You wrote that you had a bad experience, write about it, it would help beginners in this difficult matter. Tell us about the coins you started with and made a profit on, but also about the unprofitable ones.
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Brunusmagnus
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Activity: 158
Merit: 11
Omnity - Unifying Knowledge For Faster Insight
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April 09, 2019, 07:17:15 PM |
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It seem to me that it's something very obvious....
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qazgroup
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Activity: 1022
Merit: 20
RiveMont
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April 09, 2019, 07:27:40 PM |
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If you trade with a plan and strategy you will loose less and win more basic to trade and reading charts is price action if you are good at it you can be a good trader but for this you need practice and patience and even then some failures before you will become an expert.
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serjent05
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Merit: 1280
Get $2100 deposit bonuses & 60 FS
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April 09, 2019, 08:19:11 PM |
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Well, beginners always lose at the start but nevertheless you are learning. With the current market situation I don't think there is much profit from trading trough some uses trading to roll out their holdings and to gain some but it is sure that it is not always positive and loses is also guaranteed to happen but we don't give up but keep on learning and moving forward.
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Adriano2010
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April 09, 2019, 08:19:35 PM |
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You should trade with a strategy and this can cut your losses, and if possible choose only coins with a history and not all coins you see on an exchange and if you see price drop, don't sell in a loss and wait more to see if price goes again more down.
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De_nis
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April 09, 2019, 08:25:14 PM |
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Now it is quite difficult to trade, mostly only in short positions you can earn a little money, if you want to get a big profit, invest in a long one, but very carefully choose an object for investment.
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mrdeposit
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April 09, 2019, 08:40:25 PM |
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There is the possibility of losing in all trades, but in crypto this risk is much greater( the same amount of earnings). It is impossible to gain always. Therefore, it is more important to have more profit than loss.
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yobo2020
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Activity: 156
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April 09, 2019, 08:54:53 PM |
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Cryptocurrency is a business of high risk for you to make a lot if profit, you need to take a risk. Even though is a business of risk, you first all need to know much more about the system by knowing when to buy and when to sell and you should be able to predict what will happen in the nearest future in cruypto.
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fallensky7
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Merit: 12
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April 09, 2019, 09:09:43 PM |
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As the saying goes:you will not lose, you will not earn!Our loss at the beginning of the journey is a contribution to the knowledge and experience of trading in the cryptocurrency market.I also lost a lot of savings, but I gained invaluable experience and do not regret it.
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rizkyhiw
Legendary
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Activity: 1484
Merit: 1004
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April 09, 2019, 09:53:56 PM |
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Crypto currency trading is quite hard; we mostly lose some and we get to win some.
And the tendencies of making the right decision is what ensures whether our portfolio is in profit or losses In order to ensure consistency; we have to avoid fud and be focused
NB: this is my personal experience from trading and I do hope you get to give more insights and correct my wrongs Thanks in anticipation
And what you want to share here with a very brief explanation, is your own fault with very little knowledge and the most dangerous is uncontrolled emotion, it is true that trade is very difficult even for ordinary people because before going further being good at completing the analysis, I can't share more because you only briefly tell.
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powerman24
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Activity: 448
Merit: 12
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April 09, 2019, 10:03:06 PM |
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When trading we have to accept that we cannot win all the time and have to get used to accept the loss. It is important to be profitable in overall trading.
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eagleman
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April 09, 2019, 10:06:07 PM |
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Crypto currency trading is quite hard; we mostly lose some and we get to win some.
And the tendencies of making the right decision is what ensures whether our portfolio is in profit or losses In order to ensure consistency; we have to avoid fud and be focused
NB: this is my personal experience from trading and I do hope you get to give more insights and correct my wrongs Thanks in anticipation
Don't listen to FUDs..
But if you are a day trader, you know exactly what will happen if a FUD comes out.
You can ride that and take advantage of it but never stay too long because you are likely to stay there for a long time if you ride wrongly.
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Ayobami99
Copper Member
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Activity: 617
Merit: 3
The wonders of the blockchain technology
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April 09, 2019, 10:17:36 PM |
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If some don't lose, others will never win. Imagine those who sold many ethers for 0.31$ in those days, now they have buy back at $180 .so its normal to lose in trading... I think the only thing i have learnt lately is not to attach emotions to these losses, but deal with them by working harder
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Cryptrx
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Worlds Simplest Cryptocurrency Wallet
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April 09, 2019, 10:24:19 PM |
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That's the reality I've come to accept, I can't win all my trades but I'm trying to maximize profit and minimise loss. In every 5 trades, make profit in at least 3 of them so that even if you lose 2, it balances and you will still be in profit.
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Wittny
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April 09, 2019, 10:48:20 PM |
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Your observations are very right, in trading, you gain some and loss some, your calculations can't be always 100% correct, sometimes you get it very right, sometimes you get it very wrong, perseverance is what is mainly needed to keep on going.
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XbladedThanos
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Fun of WINBIX sales system winbix.io
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April 09, 2019, 11:28:56 PM |
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Ofcourse you cant trade without making huge loses but the thing is to make calculated lost something you can usually get back at the end of the day i will suggest you just watch your steps in your trade that's all is needed
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Yudhisthir
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www.Artemis.co
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April 09, 2019, 11:36:47 PM |
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Pre trade planing and research would be beneficial to reduce trade loss. Look for the trading fee and the withdrawal fees of the exchange you're using. Make a strategy of how much to go in and how to place the orders and stick to your strategy.
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Isiaka208
Copper Member
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April 09, 2019, 11:41:37 PM |
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It's only possible if you had just joined crypto in a hot time where every coin is taking a spike.
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kotajikikox
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April 09, 2019, 11:45:08 PM |
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Crypto currency trading is quite hard; we mostly lose some and we get to win some.
And the tendencies of making the right decision is what ensures whether our portfolio is in profit or losses In order to ensure consistency; we have to avoid fud and be focused
NB: this is my personal experience from trading and I do hope you get to give more insights and correct my wrongs Thanks in anticipation
Is rhat the part taking up risky if we working in trading sometimes we need to accept losses is part of it. Nobody can experience in trasing can't lose their investment.
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