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Author Topic: It's hard to get profit in crypto trading.  (Read 2931 times)
sri.bima (OP)
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June 13, 2019, 07:26:46 PM
 #1

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

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June 13, 2019, 07:31:41 PM
 #2

Yes trading is hard my dear, i have tried trading many times as well and everytime i end up by stucking in trades that go deep against my position so in the end i need to hodl that is why i have decided to just hodl and try to take profit during each bull season, trading is not everyones cup of tea.

sri.bima (OP)
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June 13, 2019, 07:55:59 PM
 #3

Yes trading is hard my dear, i have tried trading many times as well and everytime i end up by stucking in trades that go deep against my position so in the end i need to hodl that is why i have decided to just hodl and try to take profit during each bull season, trading is not everyones cup of tea.
Yeah,, It's difficult, but crypto trading has also been done by many people. And there are certainly opportunities to make a profit. How long have you been trading and what coins have you traded up to now? Thank you for the experience.

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June 13, 2019, 07:58:05 PM
 #4

I also feel difficulties in short-term trading or every week and I've fallen many times, so there's not much I can do except enter when market conditions are bleeding and have to wait until the green market to sell so I take advantage in the long run.

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June 13, 2019, 08:09:25 PM
 #5

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.
short term trading is really hard and stressful
some people lose a lot from trading so your $40 profit is not bad atleast you gain





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June 13, 2019, 08:11:15 PM
 #6

For me, I prefer to buy, hold for a week or more and only sell whem I think the price will fall, to buy again in a lower price, simple and works most of the times

I think trading is to much stressful, I tried once, but never again, you have to be very good to gain money with trading, I have a regular job and I don't have time to stay connected all day


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3la9l_kolbaCa
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June 13, 2019, 08:15:52 PM
 #7

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

For now I suggest to buy those alts that has higher potential to earn profit, just to fulfill your trading gains in crypto. However, it really needs a lot of dedications in order to achieve a good outcome although it seems quite difficult due to volatile market. Buy cheaper coins in the market and don't do day trading, instead prefer holding your asset into longer terms because it's more profitable than day trading.

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June 13, 2019, 08:16:49 PM
 #8

This really true. I could not even get up to your $40. Trading is very hard this week. Looking at the unusual fluctuations, prediction is very difficult. I have been studying the chart if I can get something out of it but is becoming more complex. I also need help please. Let's earn more next time.
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June 13, 2019, 08:18:09 PM
 #9

Scalping strategy can yield some results if you know when to enter and when to exit and never stuck with any of your trade learn to take stop losses as well and leverage is also powerful tool but also very risky at the same time so trading depends on ones own plan and strategy.

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June 13, 2019, 08:20:13 PM
 #10

Short-term trading really has a different level of difficulty and for that we must know how the market conditions even though it is very difficult to predict getting $ 40 during the week is not too bad than you lose a lot of capital

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June 13, 2019, 08:27:31 PM
 #11

skill didn't guaranteed us to make some profit in trading, you should have some luck too. it has no different between Short term or long term, if you don't have some luck, you won't make some profit. for short term trading, you should monitor the coins that you buy every single time (i suggest you to check it every hour).

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June 13, 2019, 08:29:14 PM
 #12

I also realized that in order to get a good profit from trading, you should choose little-known promising altcoins. Trading coins like Ethereum is not very profitable.
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June 13, 2019, 08:38:45 PM
 #13

If you are aiming for daily profit, yes it is really hard,  you need to watch it closely and trade when it hits your target price then buy again at low price.  Doing this  for ETH is kinda hard because there are lots of bots playing with the price and it tends that whenever we place an order it is easily beat by bot by 1 sat lower or higher.  Though I made some profit in Energi, bought it at around $2.60 and sold when it reaches $3.20 but with an uptrend like NRG, I guess it is hard to have a pingpong trade.  Why not try Verasity, I seen it goes up to 20 sats then goes down to 16 sats and now it is trading at 17 sats,

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June 13, 2019, 08:42:45 PM
 #14

I bought some bqqq and now it dumped despite all the HYIP around the IEO sales. I think low price coins trade may quickly give some profit. A friend made $700 from harmony in less than 24hrs and another made some good money from Xbase banking on the volatility. For now, I prefer to swing trade good projects with low price.

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June 13, 2019, 08:46:55 PM
 #15

In case of LTC it was best not to try to fight the trend and keep on trading. Before halving all coins are being pumped so when you knew LTC halving was coming it was best to buy some and hold. Since May the price was increasing steadily. Even if you bought last week at 100 dollars you could easily sell this week for 120 with a 20% gain.

 What's difficult about that?
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June 13, 2019, 08:54:08 PM
 #16

it is very hard as from what we are seeing now.
as we can seee, once a coin nor token had been listed to any exhcange that is the best thing that we can had. just to exchnve and be prepare!
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June 13, 2019, 09:24:33 PM
 #17

It's probably a trivial answer, but nevertheless try to keep the litecoin, and Ethereum for as long as possible in your portfolio.As You can see, the market is slowly but surely turning green.
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June 13, 2019, 09:35:44 PM
 #18

It's probably a trivial answer, but nevertheless try to keep the litecoin, and Ethereum for as long as possible in your portfolio.As You can see, the market is slowly but surely turning green.

quite sure that the market will indeed be increasing again and again slowly. this also requires a fairly long process. because of the increase in crypto some people have been waiting for.

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June 13, 2019, 09:42:42 PM
 #19

Looking at the charts, the prices of eth and ltc are on an upward trend. Short trading is profitable at this point of time. Bitcoin is over $8,000 again for the second time this year after falling last week. However, you need to evaluate your strategy in short tradinh to improve and have bigger profit.
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June 13, 2019, 09:46:40 PM
 #20

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.
Just be thankful that you have at least made up some 40 bucks this week rather than having a hanging losing balance.

Reasonable strategy?It does matter on each of everyone because a certain strategy might work for other might wont work on your side.
So,if I were you then better stick out with your own trading style.

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