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Author Topic: [HELP] I need help and advice  (Read 526 times)
D3m1r4wanti (OP)
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May 27, 2019, 01:10:59 PM
 #21

Thank you for all your suggestions, right what you say, maybe I am too greedy when I target 10% of the profit from daily trading that I do.
I will try to be more realistic so I am satisfied with the profits of 2% - 5% of the daily trade
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May 27, 2019, 02:29:28 PM
 #22

I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.

First of all my purpose is not demotivate you but fact is if one could earn 10% daily in crypto trading then there is no need to do any other work, 10% daily means 300% monthly, your capital will grow 3x from the principle amount. If it can be done then why to go somewhere else. Trading is not that easy , I would suggest you to first understand the market and start with small positions, ,bigger positions for taking 10% profit daily may wipe your account easily. Check out the potential coins and observer their behavior for some days then you will be able to enter and exit at right points.

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May 27, 2019, 03:58:46 PM
 #23

I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
You should choose the exchange site with a lot of liquidity to make you easy to liquidate your money into the USD or Bitcoin value instantly. this will be a very important thing when you are interested to do that.
Major exchange site will be the best thing but remember to gain 10% profit in a day is not so easy but let's started how to earn at least 3% and that will be a reasonable amount to earn in day trade.
Remember only choose the coin that was trading at the red candle and wait to get a little bump and get your profit. Binance, okex are the best exchange sites to trade.

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May 27, 2019, 04:32:41 PM
 #24

I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
10%? Its possible but wont really be that easy.So you do need to have 0.1 ETH profit on daily basis.Theres no such exchanger that would
higher your chances of profitability but always stick out to those who do have high volumes yet this do means higher volatility or
buy and sell activity.You can do scalping actively as the price moves until you achieved your goal and then stop or called it a day.

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May 27, 2019, 04:52:26 PM
 #25

snip~~
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.


Per day 10% that means 300% per month. I don't understand what suggestion I will give you now really. Buddy if you want to earn 10% from your trade in one day it is possible even 2X also possible in one day. But you can not earn like that everyday. You can not win the game every time. Sometime you can loss some time win. So good luck try your own strategy for winning the game regularly. Thanks

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May 28, 2019, 11:10:44 AM
 #26

snip~~
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.


Per day 10% that means 300% per month. I don't understand what suggestion I will give you now really. Buddy if you want to earn 10% from your trade in one day it is possible even 2X also possible in one day. But you can not earn like that everyday. You can not win the game every time. Sometime you can loss some time win. So good luck try your own strategy for winning the game regularly. Thanks
People always expect this crypto trading market to perform miracle and that is why they always fall victim of scammers who would sweet  talk them and promise them heaven in order to collect their money and this is also the mistakes many newbies do make that lead them into over leveraging when trading.

How can someone expect such huge profit every day in a normal market condition? It is only bull run that I know is capable of doing that in which bull run too has a limit, all the increase that I have been seeing in the recent semi bull run has even been far less than 10%, I think op needs to be less greedy and just focus on 2 to 4% daily.
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May 28, 2019, 08:41:29 PM
 #27

Best you do everything yourself, no one can give you real tips, because no what will happen tomorrow. If you make mistakes, teach from your mistakes.
You do not have to strive for your 10% every day, it can run very fast backwards)

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May 28, 2019, 09:22:47 PM
 #28

10% profit every day? Are you even serious? The market is not always green, but you can try shorting on Bitmex if you are a really good trader.

Sorry my friend I believe there is no solution for your condition, what you must do right now is stop thinking that crypto is a quick money scheme.
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May 28, 2019, 09:43:50 PM
 #29

I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.

How long do you trade now? Didn't you get any lesson from your trading experience?

As a crypto trader as you mentioned, you should know that you can't expect a 10% profit every day.

Crypto is volatile so obviously, it won't reach your expectations.

Sorry but you need to continue your usual trading way until you learn what things should be done.

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May 28, 2019, 10:05:47 PM
 #30

You can find various trading strategies on the Internet or on YouTube. You will try and decide which one suits you best. After all, you will not know which of the better until you see its profitability.

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May 28, 2019, 11:37:25 PM
 #31

I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
I will advice you not to get idea on a coin to trade on, it should be base on your own research and strategies. Now regarding the Exchanger I always go for BINANCE because it has more liquidity and it's simple to use.

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May 29, 2019, 05:20:09 AM
 #32

You shouldn't rush things. Remember that crypto trading is not as easy quick money. If you have a background and knowledge in altcoin trading, there are lots of exchanges that you may choose and can start immediately. 10% profit can be achieved depending on your strategy. You can diversify your portfolio or buy different coins with your capital or you can just buy 1 ethereum and do a long term investments. It's up to you.
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May 29, 2019, 07:31:20 AM
 #33

I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.

it might be impossible to do, if you pay close attention to the coinmarketcap, there are very few coins / tokens that have a price growth above 5-10% within a period of 1 day.
Especially if you only 1 Ethereum, i can said that was too small amount of money. After all, who will buy the price above 10% within 1 day, unless there is a big event on the coin

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May 29, 2019, 07:54:48 AM
 #34

Thank you for all your suggestions, right what you say, maybe I am too greedy when I target 10% of the profit from daily trading that I do.
I will try to be more realistic so I am satisfied with the profits of 2% - 5% of the daily trade

My advice is to not have any fixed return in mind. Not per day, not per week, neither per month.
What happens when you're at -5% in a day? Your mind will tell you that you HAVE TO DO something to get your losses back. This leads to bad decisions and eventually more losses.

Change your mindset and start smaller: I want to grow my balance.

Ask yourself what your real goal is! Are you looking for a small passive income? Getting trading experience? Financial freedom? Getting rich quick?
This highly affects your emotions while trading, so this should be clear to yourself. Having a clear mind will help you being more confident in your trades again.  Smiley



Regarding your questions:

The greatest potential probably is in leveraged trading. It isn't THAT risky if you stick to a low leverage (start with x2 or x3).
Read EVERY guide about margin trading you can find. Start in the testnet first. Get confident about your knowledge.

Main platforms are Bitmex, Deribit or PrimeXBT (Bitmex has highest liquidity).

If you follow the link in my signature, you can have a look at my trading diary. The results so far come close to what you want to achieve.

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May 29, 2019, 08:18:20 AM
 #35

I guess it is not about an exchange, you will get 10% profit per day in any exchange if your knowledgeable support to gain profit, but if not, you trade every exchange that give bonus to the user I bet you won't have an opportunity to gain 10% profit per day. So my advise is find more about trading cryptocurrency either its strategy, psychology and money management these things will give a huge profit if the market support to your strategy. Because trading is now gambling, your profit will be gained certaintly depend on your knowledge.
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May 29, 2019, 08:59:28 AM
 #36

I suggest you learn to control your emotions first and don't be greedy, because the 10% profit per day is a big profit
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May 29, 2019, 12:40:33 PM
 #37

I suggest you learn to control your emotions first and don't be greedy, because the 10% profit per day is a big profit
ok, thank you friend, I realize what I want is wrong. I am too greedy and grandiose in getting the results of trade. 10% is indeed a very large percentage in daily trading.
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May 29, 2019, 03:43:00 PM
 #38

I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
So you want to double your investment capital only in 10 days? Looks your are over confidence and it is really not possible to reach 10% growth everyday and the right exchange is for only legit and for making profits you need to come with your strategy.

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May 29, 2019, 04:09:18 PM
 #39

You can't have 10% profit everyday no matter which coin you trade but you can keep losing everyday through trading. Sometimes if you just hold, in the end you will have made more than 10% profit everyday.

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May 29, 2019, 05:32:14 PM
 #40

I think you are looking to succeed at something no one has ever succeed before in the entire worlds history.
Nobody in the entire world managed to make 10% a day in any way or shape for too many days in a row, they have managed to do it maybe couple times in a row, but nobody did it for too many days in a row.

Even the richest man in the world at one point Warren Buffet who made his fortunes by investing and managed to get worth as much as over 60 billion dollars (don't know how much now) didn't made that type of return, he was making about 20% a year return on average for 50 years in a row.

It means if you want to make money and become rich, no amount is too little but if you want to become one of the richest man alive all you have to do is keep doing it years after years instead of trying to do it quickly in couple months, instead of 10% a day, do 20% a year for 50 years and your children will be richer than anyone in the world.
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