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Author Topic: Benefits in cryptocurrency trading.  (Read 7069 times)
4rzun4 (OP)
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June 28, 2019, 07:52:19 PM
 #301

Goodnight all,, In May, which ended yesterday, I got a pretty good profit in trading ETH and BTC. About $ 600 in almost a month. Do you experience the same thing when market conditions continue to improve. Share your experience, to make more enthusiasm in trading. Thank you very much.

Not all have good trading skills to make profits. I am not trading because it is very difficult to predict crypto price movements and it is better for me to invest in the long term
Most people on this forum are investing in some sort of coin for a long term goal. Anyone that purchased a coin in an exchange are looked at as investors so the terminology that was used is not that wrong.
As for me, I like to trade coins because it helps the whole market move according to a direction that I invest in.
Sometimes in trading you have to take the risk of big losses, strategies and wrong predictions will make a downfall. Behind someone's success in trading, of course there are many things that I have passed so far. If we dare to take advantage, never be afraid to suffer losses. That is one of the principles and keys to its success. I hope we all learn from every step or experience every time and condition, to take advantage of market conditions that are experiencing good growth as it is today.
pedpedped101
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June 28, 2019, 11:32:03 PM
 #302

Constant practice in trading is every essential and it brings about developing oneself more and you get to know about the different techniques , that will enable more release, which was not part of any training. Trading is still the best, but which is for those who know how to.
jalxyx
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June 29, 2019, 05:11:05 PM
 #303

can i ask here? all of you, when you start trading, any tips / combo to analize the graphic? for example use MACD, Bolinger Band, RSI, or else?

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bitladen
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June 29, 2019, 05:25:45 PM
 #304

There are many advantages in trading, but there are also disadvantages, the main advantage for me is that my earnings are completely dependent on me.

4rzun4 (OP)
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June 29, 2019, 05:44:14 PM
 #305

Goodnight all,, In May, which ended yesterday, I got a pretty good profit in trading ETH and BTC. About $ 600 in almost a month. Do you experience the same thing when market conditions continue to improve. Share your experience, to make more enthusiasm in trading. Thank you very much.
Of course, trading is one of the profitable avenues in crypto. However, the profit returns normally depend on the input made by the trader because for coins like BTC, the market price is huge hence buying a small amount will not see any significant profit even if the market price rises from $11K to $12K.
That's right, in cryptocurrency trading, especially bitcoin, you have to use capital that is large enough to make a substantial profit. And to be honest it takes courage in speculation. Losses will continue to overshadow the mind, and that's what I passed. The first time I started large scale trading, I used $ 1500 capital. And often suffer losses in the initial stages. Never be afraid of experiencing losses, that's the beginning of success.
bitc0000
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June 29, 2019, 07:14:49 PM
 #306

Anything worth doing is worth doing well, that is to say, for a trader to be profitable in trading he needs to equip himself with the neccessry tools and knowledge, failure to do this, there might not be a reasonable profit.
In the month of May I made profit too which I still continued to this month also, although May looks more profitable.
One thing my mentor taught me was, always be contented with the profit you have made and move over to the next trade, most especially don't be greedy.
So I believe there are benefits in crypto trading if done appropriately.

Mehr Sher
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June 29, 2019, 10:45:22 PM
 #307

Frankly speaking, if anyone has done trading, he/she should be aware that even Crypto trading is same. However, the volatility is much greater. It increases the profit making scope but also pumps up the risk. So we have to be careful about these aspects. If we do Crypto Trading in proper and sensible way, we are meant to benefit through it. However, if we are not going to plan right and also leave the execution in the air, it could cause problem. So we just need to be watchful about that.
veekky
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June 29, 2019, 11:19:12 PM
 #308

What I like in crypto currency trading is that your profit has no limits.
Yeah, it depends on your risk, but if you are good enough, then you can find good entry point and get a lot of benefit
BennyK
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June 30, 2019, 01:12:39 AM
 #309

In my experience, bitcoin is the one who makes my portfolio has a great profit. And im so sure that i will keep my bitcoin for longer time because the price will increase more so do my profit will be higher.
Bitcoin yields great returns but it is more seen as a long term investment. I normally choose coins with high volatility for trading (short term) in order to seize the opportunity of its ups and downs in price to make some profits. Coin like XRP is one of my favorite when it comes to trading.

103deltafox
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June 30, 2019, 02:44:23 AM
 #310

It is beneficial being a cryptocurrency trader, From trading you could earn some cool cash ,this is only if you understand how trading works. Also being involved in crypto could also earn one some cash like being a bounty hunter. There are opportunities in the crypto space.

Peanyut991
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June 30, 2019, 03:09:01 AM
 #311

Yes Bitcoin trading is always profitable, you just need to be patient to hold the bitcoin when the price drops. But believe that the price of bitcoin tends to increase from year to year.

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June 30, 2019, 03:25:18 AM
 #312

It will my luck, if I can do daily good trading as well. Basically, I'm not a professional trader man but lambo I always try to good small knowledge about trading.
Distinctin
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June 30, 2019, 05:52:33 AM
 #313

I had a long break when the market plunged and most of the ICO could not attract investors. But I came back at the right time, I bought the Binance Coin when it cost only $ 20 and at the present time the price of an BNB is $ 34. It was a big profit and I was happy for that.

That's not even 100% return yet, but since you said you have a big profit, so I presume you invested a decent amount on this coin.
BNB is one of the most popular tokens (coins soon) in the market now, it has already gained a lot this year, but the FOMO hasn't come yet, sure there will be more possible big pump of BNB, but selling at this time guarantees profit already, if you are satisfied, selling is good. 

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Ioann11
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June 30, 2019, 05:55:11 AM
 #314

Cryptocurrency is a high-volume product, but it is profitable to trade it! For cryptocurrency - the future! But my advice, trade carefully, as there are always risks in trading!
Have a great day, friends!

Mianae
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June 30, 2019, 06:02:41 AM
 #315

Goodnight all,, In May, which ended yesterday, I got a pretty good profit in trading ETH and BTC. About $ 600 in almost a month. Do you experience the same thing when market conditions continue to improve. Share your experience, to make more enthusiasm in trading. Thank you very much.
Yes it's easier to make profits when the market keeps improving as all coins see gains from time to time. You did well in May keep it up same strategy but improve on it. In a more improved market I earned much looking at my investment of $300.
nitin8263
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June 30, 2019, 11:53:28 AM
 #316

Yes there are benefit in crypto currency trading but its a high risk, the person who has a lot of experience in crypto he can easily take the advantage in crypto but it can be a too risky for new person.

pics4crypto
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June 30, 2019, 11:56:18 AM
 #317

Yes there are benefit in crypto currency trading but its a high risk, the person who has a lot of experience in crypto he can easily take the advantage in crypto but it can be a too risky for new person.
totally agree with you trading is profitable but very risky.  in order to trade you need to have your own experience and of course some knowledge is best to trade for the extra money and not to borrow.

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June 30, 2019, 11:59:32 AM
 #318

As for me, one of the advantages in trade is that the market changes very often and if you can monitor it every day you can really earn it.  even when the market drops slightly or grows on this difference, you can play a very good amount.

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June 30, 2019, 12:19:23 PM
 #319

It will my luck, if I can do daily good trading as well. Basically, I'm not a professional trader man but lambo I always try to good small knowledge about trading.
it is very necessary to always develop in your field and then you will get success in your work trading is very risky but very pleasant and you should be able to enjoy it.

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June 30, 2019, 04:34:05 PM
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I think the condition of crypto now is very suitable if you want to trade, because crypto has continued to experience significant increases this month, especially BTC and ETH

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