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Author Topic: It's hard to get profit in crypto trading.  (Read 2931 times)
Seth2009
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June 13, 2019, 09:52:05 PM
 #21

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.

Theres a lot of other altcoins that u can trade aside from ETH and LTC.... because mostly, if the major altcoins are on dip, some altcoins goes high.... Crypto trading is really difficult if u dont have enough knowledge in doing it... But, if you know evrything about crypto trading, even if its red market u will still gain profit... Just continue to learn you can still gain on red market..

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June 13, 2019, 09:53:35 PM
 #22

I do not think so. This week LTC showed resistance that it had not shown for a long time. The price is already over $130 (must be from the influence of oncoming halving). Also pay attention to the interest not the amount you earn. The earned money grows with your investment.
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June 13, 2019, 10:00:42 PM
 #23

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.
Is there a problem with your strategy?

These two coins has been pumping for the past weeks so I can't understand that you are not satisfied with their moves.
Buy reasonable coins and these two is also one of the best for alts, how much your max capital when you trade?
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June 13, 2019, 10:02:17 PM
 #24

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.

Theres a lot of other altcoins that u can trade aside from ETH and LTC.... because mostly, if the major altcoins are on dip, some altcoins goes high.... Crypto trading is really difficult if u dont have enough knowledge in doing it... But, if you know evrything about crypto trading, even if its red market u will still gain profit... Just continue to learn you can still gain on red market..

That's what I wanted to say, don't focus on eth or ltc alone, there are other altcoins or even bitcoin that you can short trade and get more profit compared to what you had. Look for altcoins with wide gap of change in the market, not in the declining stage but rather with the upward movement. Trading skills are not earned overnight. If you want to know the ins and outs, you should learn it slowly but surely.
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June 13, 2019, 10:16:18 PM
 #25

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.

Theres a lot of other altcoins that u can trade aside from ETH and LTC.... because mostly, if the major altcoins are on dip, some altcoins goes high.... Crypto trading is really difficult if u dont have enough knowledge in doing it... But, if you know evrything about crypto trading, even if its red market u will still gain profit... Just continue to learn you can still gain on red market..
Red is reflection color of sell orders and pro traders jump to the market for placing a buy limit orders on accumulation price points. Shorting the market is also another version of taking advantage of downtrend, it requires more skills than buying blindly.

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June 13, 2019, 10:17:33 PM
 #26

Trading will be easy to get profit when the market conditions are crowded and the price chart is rising, but if it is in reverse conditions it will be difficult to make a profit.  I think that is normal in Cryptocurrency trading.  So we have to stay calm, patient and keep up the spirit.  We wait until the price rises again, then we sell the tokens or coins that we hold, to get more profits.
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June 13, 2019, 10:22:58 PM
 #27

I always prefer not to trade by coins since it requires a lot of time and knowledge to actually make some profits. I simply buy and then hodl for long time. In that case,  I avoid the risk of losing your investment because of wrong predictions in trading

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June 13, 2019, 10:26:04 PM
 #28

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.

in my opinion it is very good at least you have got a profit, but if you want to get a bigger profit then I suggest you not to trading by buying ETH and LTC or other biggest coin (coin which is in the top 100 coinmarketcap), but you invest in coin that are in the top 300 - 1000 coinmarketcap, so I'm sure the profit you get will be greater even though the risk is also greater than you investing in ETH and LTC.
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June 13, 2019, 10:40:40 PM
 #29

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.

I know there's hardships behind all past weeks, but don't give up on your asset. Take those opportunities that will do such great things specially on those cheaper valued coins, you should buy and hold some of them. Don't expect quicker profits for now, and instead of having quick tradings try to choose long term holdings of your investments. We shouldn't rush all things out, there must be patience in every aspects in life because one day you'll be rewarded by it.

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June 13, 2019, 10:42:18 PM
 #30

Yeah it is hard to get profit from crypto trading. If it was actually very easy to make profit from trading, then everyone would quit their job and get involved into full time trading. Though, it is true that with time and experience, trading might seem more easy than before as you will start to get more familiar with the market.
The best strategy to follow is to always set a specific profit/loss goal for a day. Whenever those goals are reached, stop for that day.

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June 13, 2019, 11:01:03 PM
 #31

Well, it must be taken into account that the only way in which profits can be obtained in a speculative market is through volatility,and these days it seems that the market is taking a breather after the great intensity observed in the months of April and May. And this was to be expected, because there is no market that can sustain such a vertiginous rhythm in a permanent way, because investors also need to take a break to rebalance their assets and rethink strategies, so we could also take advantage to take a well deserved Summer break before returning to the beautiful roller coaster that is approaching.

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June 13, 2019, 11:18:10 PM
 #32

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.
Just like bounty ,for me bounty is kind of a true job you need to do their task before you will get your perspective rewards,trading is so hard because the market is really unpredictable so you better do another thing to earn in crypto.

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June 13, 2019, 11:20:30 PM
 #33

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.
I was doing swing trade on medium altcoin and i can earn more than 0.05 btc in a week and some times i can earn more than 0.2 btc easily. If you are a small user and then big coins will not suitable for you. go for another altcoin that is not placed at the top of coins. You can do a swing trade.
I thought that if you have bought ltc at the dip and you must have got easy money but it looks like you don't use a lot of amounts to trade.

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June 13, 2019, 11:26:35 PM
 #34

Crypto trading is not as easy as it may seem, it requires a large capital, knowledge about trading, self control, etc. For me, the most I have made in a single trade was about $200 but I have also learnt that hodling is more profitable especially now that the market is beginning to recover.
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June 13, 2019, 11:30:32 PM
 #35

the profit you will get also depends on the capital you have, but I admit this week the ETH price is indeed quite stable. I think getting $ 40 a week is pretty good, you just need to be a little patient to get a bigger profit.

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June 13, 2019, 11:52:45 PM
 #36

That is true getting any profit from crypto trading is very hard we need good strategy to find the good coins and have a potential of giving huge of price in short term, if you find the good crypto it might not hard for you to gain more profit from it.
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June 14, 2019, 01:00:39 AM
 #37

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.

I think during bull market, better hold our coin and not doing trade. If we are already hold a good coin, i think better hodl for long term and set a target to sell, because sometimes trading during bullish run is not wise decision and we miss when the price increase

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June 14, 2019, 01:01:59 AM
 #38

In crypto market trading, at first it was really hard especially when your priject has no potential. As the old saying says, patience is a virtue so patience in waiting is a must. Never rush thing to get the profit you always wanted bevause everything takes time to reached the goals. So whatever the best project you might in like the dencoin tokens, learn to wait as the process really takes its time dor you to gain your profits in the future investment.
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June 14, 2019, 01:25:24 AM
 #39

That is not a meaningful thing because when someone has the ability and expertise he has the opportunity to be able to make a profit. In the world of trading everything depends on the capabilities and experience that we have, when we are able to make good decisions and choose the right investment, we will make a profit and even achieve success.
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June 14, 2019, 01:26:26 AM
 #40

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.

I think during bull market, better hold our coin and not doing trade. If we are already hold a good coin, i think better hodl for long term and set a target to sell, because sometimes trading during bullish run is not wise decision and we miss when the price increase
The opportunity knocks once and I believe it so.  It is a big regrets if we lost this chances cause it never happens again. I know holding will be a safe play during bear season but we are slightly moving forward and I hope this trend will keep from rallying until the year ends. Keeping it positive and giving our trust into the market will help to prevent from not to be in panic selling.

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