TWW
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April 11, 2019, 05:01:18 PM |
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Before investing in any altcoins (tranding) you have to research find information, because not just using skill like fundamental and technical analysis, but you need information also to know where is your next step
what next do you mean? investing in assets that we have examined and selected, I think that is enough. when we decide to invest in certain assets I think we must have thought about everything so, surely we already know how long we have to wait for our assets to grow and ultimately give us profits.
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Uju4real
Copper Member
Newbie
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Activity: 349
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📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
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April 11, 2019, 05:28:28 PM |
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It happens most at times but it's always good to minimise your loss and earn to make more of profit when trading cos that's the only way to grow
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Serve20
Jr. Member
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Activity: 154
Merit: 1
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April 11, 2019, 05:54:41 PM |
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Yes, trading is a two way traffic and as a trader, one must always prepare for the possibility of either of the two happening. You either make profits or lose part of your capital, so one need to take his time to learn the tricks fully in order to reduce the tendency of losing.
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BLOCKMASON LINK Create Web APIs From Any Smart Contract
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bitgolden
Legendary
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Leading Crypto Sports Betting & Casino Platform
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April 11, 2019, 06:00:36 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
This is the fun in trading we cannot always get to win, loosing is not that bad, it is when you lose too much or consecutively that it becomes a big challenge, loosing helps us to be a better trader because we will surely learn a lesson from whatever made us loose, in order to become better in it, and once we get to a stage where we are very sure that we are now a better trader. We have to remain focused like you said and not allow any form of distractions from those that would want to take advantage of it. May the God of trading help us trader as we go about working hard to make ends means.
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btccrusher
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April 11, 2019, 06:05:55 PM |
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I usually buy when a coin started going up and sale after a while. The key of success is not being greedy, I never wait for a huge profit, I sale as soon as possible so I have less risk compared if I choose to sale only in an ATH price. Depending on the coin, situation, and development I set my profit goal in percentage but limiting it in 10% to 30%. Waiting for 100% is not wise in my opinion.
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Stanlo
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April 11, 2019, 06:09:33 PM |
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You are right friend ,I feel victim to FUD in the past and I lost all my electroneum holdings in my portfolio since then I haven't even be able to get them back ,I think its better to be sure of your decisions before making one ,trading is not for someone like me
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Invigorated
Jr. Member
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Activity: 266
Merit: 2
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April 11, 2019, 06:22:17 PM |
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Losses are part of learning and it does a great deal of good to a beginner. It helps you shape your trading future by making you become better and more successful. Every seasoned and professional trader today had in the course learning suffered one form of loss or the other. They are good today become they learnt from their failures in the past. Losing isn't all that bad.
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jackblacksparrow
Member
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Activity: 308
Merit: 10
Erotic Industry on the Blockchain! RachelX
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April 11, 2019, 06:28:41 PM |
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Losses in the world of cryptocurrency is a common thing. Since the cryptocurrency is very changeable and today you can earn and lose tomorrow and that's fine.
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semobo
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April 11, 2019, 06:41:06 PM |
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Try to minimize your loss which is the thing of smart trader.Not possible to trade with 100% profit but when we met losses then we can assit the market condition and act accordingly will help us to earn some profits which can equalize the earlier losses.
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WatchMaker
Full Member
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Activity: 518
Merit: 104
PUFFY FINANCE
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April 11, 2019, 07:07:22 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
Well said! As they say, no winning without losing in the market. Some day you win and some day you lose that is the market. It all depends on your decisions, when you make the right decision you make money and if you make the wrong decision you pay the price.
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VAGR
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April 11, 2019, 07:09:39 PM |
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Losses are different. Large losses can break even strong people. What does not kill us makes us stronger. I always analyze why losses, and in the future I try not to repeat these mistakes.
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futile-resistance
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April 11, 2019, 09:18:58 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
I don't think it is possible to follow master the act of trading because the market is not the same and can change at any time, especially the crypto market, it is very volatile and the price can change in seconds, this is why the crypto market is the most difficult market to trade on and become a professional, because once you master a particular method, it changes immediately and one have to start mastering the new method of the market.
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CryptoKush
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April 11, 2019, 09:34:33 PM |
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If you actively trade, there will always be transactions that are unprofitable. Losing deals are natural. It’s important that profitable trades bring you more.
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Chrystora123
Full Member
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Activity: 1414
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Omicron is another FUD
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April 11, 2019, 09:46:58 PM |
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yap, whatever trading is gold, stocks, forex, commodities has a high risk and certainly has a loss. don't expect high that your road is smooth when trading and the strategy you have must be based on what has been experienced by others. Because usually, people who have a small level of loss (Master of Trading) have their own tricks, their instincts are growing because while still an amateur, they have lost a lot...
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sieemma
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April 11, 2019, 09:47:38 PM |
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Going into trading without expecting losses is something serious. The concept of trading is to lure others into getting their monies so sometimes. At the end of the day, the best trader is the one who makes the most profits.
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FelippeHeinz
Jr. Member
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Activity: 504
Merit: 1
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April 11, 2019, 09:53:42 PM |
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Trade with cryptocurrencies is extremely difficult as they are extremely volatile and unpredictable assets. Much caution and experience is required to operate in this market.
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mrdeposit
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April 11, 2019, 09:56:32 PM |
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Losses are different. Large losses can break even strong people. What does not kill us makes us stronger. I always analyze why losses, and in the future I try not to repeat these mistakes.
If you learn anything new from your mistakes, you can survive. Otherwise, how can you gain? Loss is normal unless it is more than profit.
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cryptobae10 (OP)
Jr. Member
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Activity: 658
Merit: 5
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April 11, 2019, 10:03:59 PM |
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Do you mean there's no trade without loss or one can trad e without incurring loss. The use of stop loss helps to minimize loss most of the times it can as well lead to early exit in situations of quick rebounce.
No it’s not about stop loss principles equipped in trading I mean even with the stop loss techniques; as a trader one way or the other , frequently or often; you have the tendencies of making a loss
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louisBSAS
Member
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Activity: 623
Merit: 11
Proof-of-Stake Blockchain Network
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April 11, 2019, 10:40:32 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
I trade slowly for small amounts. I do not want to risk it, because I am new to trading, and also because trading has very big risks of losing money. That is why I act carefully. And as experience shows, it is much better to buy a promising coin and keep it for several months, and get a good profit than to trade and always be in profit then at a loss.
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Vaculin
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April 11, 2019, 11:01:55 PM |
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Do you mean there's no trade without loss or one can trad e without incurring loss. The use of stop loss helps to minimize loss most of the times it can as well lead to early exit in situations of quick rebounce.
No it’s not about stop loss principles equipped in trading I mean even with the stop loss techniques; as a trader one way or the other , frequently or often; you have the tendencies of making a loss Stoploss in my understanding is only to minimize the loss, though I am not using this feature but I have a little understand since I am also a trader. This is just part of the method on how to trade but success needs you to be good in different factors and you have to be smart to survive while you are improving as a trader. Therefore, no trades without losses as it's just impossible.
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