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Author Topic: Income from crypto trading.  (Read 3488 times)
raden1922 (OP)
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May 08, 2019, 06:17:26 PM
 #1

Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.

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okala
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May 08, 2019, 06:22:56 PM
 #2

The entire cryptocurrency space have to do with patents and not taking hasty decisions, am very optimistic that the future of cryptocurrency is bright and at that both trading and holding needs lot of skills and patents because if you have good trading skills you can still make profits at any period and no matter the conditions of the market because you will know how to fine your way and make good trading decisions.
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May 08, 2019, 06:29:42 PM
 #3

for me, i always optimistic whether i lose/profit from trading and if i lose from my trading i always think that is a part of learning to get better on trading
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May 08, 2019, 06:31:34 PM
 #4

As i am not into margin trading so im not much concerned about loosing trades because in the end you can still have btc and eth i mean even if you buy any alt and that end up in loss you can still exchange and get btc so in the end you may have lost some percentage of btc but at the same time you can earn that back from other trades.

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raden1922 (OP)
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May 08, 2019, 06:44:09 PM
 #5

The entire cryptocurrency space have to do with patents and not taking hasty decisions, am very optimistic that the future of cryptocurrency is bright and at that both trading and holding needs lot of skills and patents because if you have good trading skills you can still make profits at any period and no matter the conditions of the market because you will know how to fine your way and make good trading decisions.
When we have entered the trade, we must be very prepared with all the risks involved. One of the risks is loss of money or time. I am also optimistic that the future of the cryptocurrency will be bright, because of the rapid development of technology from day to day. That's the main reason I still stick with the situation. All processes of success require struggle and also a time process that is not easy. Spirit!

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dejankralj101@gmail.com
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May 08, 2019, 06:47:34 PM
 #6

Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.

I don't agree that the market is declining. It was declining up until few months back when it hit the bottom. Right now it is steadily growing.

You only experience loss when you cash out or withdraw. If you HODL then you just have to be patient.
In my experience, it's a lot less stressful to just buy somewhere at the bottom then wait few years for a bullrun. In the meantime if you dont have cash, get a job or do something
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May 08, 2019, 06:50:10 PM
 #7

I have a little profit from bounties, also searching currencies which have good volatility and trading with profit, but sometime trading becomes to holding
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May 08, 2019, 06:51:33 PM
 #8

The main thing is not to despair, and not to invest money that you cannot lose. Bearish trend will end sooner or later, and then again begin, the main thing that the crypto is not dead.
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May 08, 2019, 06:52:37 PM
Merited by CryptopreneurBrainboss (1)
 #9

It is all a matter of perspective. It depends how you approach the crypto trading.

If you treat your trading as business, then your losses are nothing else but business expenses, but

if you treat your trading as gambling, then your losses can really be devastating.

I like to take the first approach. But then, in order for your trading to be a business, you have to develop a trading system. Your trading has to have a well defined structure. By structure, I mean you have to have a well defined entry and exit, there has to be a confluence of different objective factors that tell you when to enter and when to exit. You have to mitigate risks by using stop losses. You have to have an impeccable money and risk management. If it is a business, you can't risk too much of your money at any particular trade, you have to play the long game (not the get rich quick game), and so on.

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May 08, 2019, 07:11:23 PM
 #10

The benefits of trading for me are not much because there is no large capital that I always hope is only from Bounty because of the good profits for me.
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May 08, 2019, 07:14:37 PM
 #11

Trading in crypto currency is not an easy job as it require a lot of patience and knowledge about the market before you make an informed decision. Some of us have made a lot of profit through crypto currency trading although I must confess that there are some times I made looses but the profit is more than the lose put all together.
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May 08, 2019, 07:19:11 PM
 #12

For surviving in the bear market trader need to accept right decisions based on the latest technical and fundamental analysis. It is not easy to accept the fact about failure rate on the crypto trading but this makes the market more strong.
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May 08, 2019, 07:27:24 PM
 #13

Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
Just keep moving forward, always treat your mistakes as your learning progress, lots of people survive from this field keeps trying their best to learn from things that supposed to be their mistakes, you just need to be specific and always find yourself comfortable with how you build your knowledge.
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May 08, 2019, 07:31:24 PM
 #14

Patience is the best investment that I ever had here in crypto world. You'll gain nothing if you'll quit. The moment I enter crypto trading and investing, I have kept in mind that there's a big risk that I'm taking but as the market situation gets better, my hopes are getting bigger as well.
Dealing with the changes in the market with a positive mind is the best thing that we could do.

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May 08, 2019, 07:44:34 PM
 #15

Patience is the best investment that I ever had here in crypto world. You'll gain nothing if you'll quit. The moment I enter crypto trading and investing, I have kept in mind that there's a big risk that I'm taking

The cryptocurrency market is so cruel for both big time and small time traders that it teaches such things to them. That whenever you feel like giving up on your losses, you might as well not. Trading is a battle of patience and knowledge.
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May 08, 2019, 08:08:39 PM
 #16

You have to be prepared for ups and downs. That's life and thats market.

Work hard during the summer to prepare for winter. Be patient in the winter because you know the summer is comming.

the summer always comes. Just have patience
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May 08, 2019, 08:15:12 PM
 #17

Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency?
With my experience on this market, I've been reliant on this market and get used to the swings. Being optimistic by looking at the past charts will give you that encouragement that you should believe in this market's future.
How do you respond when you lose? Thank you in advance. Success for you.
Learning something with that lose, I consider it as an investment that I can use in the future. That's my take with my losses. Success for you as well.

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May 08, 2019, 08:18:13 PM
Last edit: May 08, 2019, 08:47:17 PM by rijaljun
 #18

Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
I never trade on a bear market, so I haven't had experience about it yet. Well, I am highly optimistic about the future of Bitcoin and that's what have motivated me to collect Bitcoin as many as I can. What about losing? I don't really care much but indeed I must learn something from that and it encourages me to be better in the next trade. The more I lose - the more I'm motivated to recover and earn much profit.

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May 08, 2019, 08:20:24 PM
 #19

mid 2017 all the way to Jan 2018 was epic to have made money (should have been selling everything mainly DEC 2017!).  since then well it's been very harsh...i think one OK spike in march (or may?) 2018...other than that...shit dumping all over.

thus...this means it's been buy time since late 2018 into even now...hope you loaded up alts for the next run up.  btc will keep moving on it's way to 20k and beyond as halving approaches.  we can pray that alts moon with it AGAIN.  Shocked

$ADK ~ watch & learn...
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May 08, 2019, 08:22:50 PM
 #20

the declining crypto market has become commonplace throughout the year and i will not leave crypto just because of the declining market, because high enthusiasm keeps me going and i don't care how much i earn from crypto trading, because there has been a lot of adoption which is done even though i only hold it for a long time, then it is also enough for me to have a good profit in the future

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