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Author Topic: It's hard to get profit in crypto trading.  (Read 2936 times)
Altryist
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June 14, 2019, 03:00:24 PM
 #61

Yes, now it is very difficult to do it, but it is possible. The most important thing is not to be greedy, but to try to trade on large volumes and not to do so on large falling strong coins, because there is always a rebound in price after a strong drawdown.

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June 14, 2019, 03:15:56 PM
 #62

$40 profit pretty good rather than got nothing but indeed this week there is no big pump for coins and actually trading is simple buy low and sell high but the main problem is how to predict the exact time to buy and sell however today i just bought some of LTC and BNB and i wish these altcoins could be profitable for me and lets see about it

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Lagonda
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June 14, 2019, 03:23:18 PM
 #63

Actually, a majority of crypto traders are  forex or stock traders. Experience and skills from forex and stock make them superior to the rest - crypto amateur traders. I guess that you're one of the rest: no TA, no experience, no guider... But you still can trade base on news or leaked signals. However, if you're serious with trading, then take a TA course.
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June 14, 2019, 03:29:24 PM
 #64

I think it depends on how the strategy we are doing and also the coins we trade. if I currently focus on trading with bitcoin but there are also a number of other altcoins that I have traded as well such as ethereum, BNB, DOGE, and QuarkChain. it is an asset that I use for trading today and is very profitable.

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silver23
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June 14, 2019, 03:31:09 PM
 #65

i don't have a good strategy trading at this moment.
we can see market go down again and price of ETH decrease sharply.
i think hold is the good choose for now.
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June 14, 2019, 03:41:50 PM
 #66

I.may be difficult though and that will be solely because if btc fluctuations which has not really gives a sign of up or down to the trend and that has weaken the alts in which way to head , so I will advice to always use stop lost in other to limit the lost in trading.

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June 14, 2019, 04:01:50 PM
 #67

Just consider a good strategy, there are so many altcoins so you are able to trade them all - that means various puck of strategies.
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June 14, 2019, 04:40:47 PM
 #68

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 me, $ 40 per week is more than enough for a difficult trade this week. you should be grateful for being lucky. the altcoin that I recommend is ethereum and bnb.

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June 14, 2019, 04:44:39 PM
 #69

Not only crypto but trading any financial market is very hard, be it forex market or stock market. Trading needs lots of patience and proper plan. Conditions of trading every financial markets are different. Personally I am not successful into crypto trading but if comes to forex market I have good winning rates of trades. Volume in forex market is very high and its easy to analise the market technically but in cryto market reading chart is not that accurate, I am sure there may be some way to trade cryto market successfully as well, we just need to explore those ways and practice it patiently instead of trading market on guess.

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June 14, 2019, 04:48:14 PM
 #70

actually it's not so difficult when you can read the situation carefully, when to enter and when to get out, but all are full of speculation and now the crypto market is not friendly

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June 14, 2019, 04:52:47 PM
 #71

actually it's not so difficult when you can read the situation carefully, when to enter and when to get out, but all are full of speculation and now the crypto market is not friendly
Especially there is the danger of trading on some exchanges. I am faced with such a situation that there are exchanges from which it is impossible to withdraw your funds.

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June 14, 2019, 04:56:58 PM
 #72

I think that trading with coins such as Ethereum and bitcoin is suitable for beginners, because they do not know how to choose coins for investment. But if you are a good trader, it is unlikely that trading Ethereum will give you a big profit. You can choose more interesting and little-known coins.

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June 14, 2019, 04:58:48 PM
 #73

I think that trading with coins such as Ethereum and bitcoin is suitable for beginners, because they do not know how to choose coins for investment. But if you are a good trader, it is unlikely that trading Ethereum will give you a big profit. You can choose more interesting and little-known coins.
if you are an experienced trader, you can trade ETH using margin trading and then you can earn a lot of money

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June 14, 2019, 05:19:30 PM
 #74

Nobody said that it is going to be an easy task and yes it is hard, but not impossible. Try to search for arbitrage opportunities and look for the upcoming announcements for great coins. Usually, the price raises before the launch of a mainnet or so.
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June 14, 2019, 05:24:21 PM
 #75

a permanent big profit cannot be, on one week there can be a big profit, on the other a small one, on the third generally a minus. Glavgoy patience, I think next week you will earn
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June 14, 2019, 05:29:36 PM
 #76

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.
If you trade every day in ETH or LTC it is certainly very difficult. Because ETH and LTC are better for long-term investments, if in my opinion. If you want to trade every day it's better to find an altcoin that is recommended by signals in your own telegram or analysis. And don't trade just one altcoin.

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June 14, 2019, 05:53:51 PM
 #77

Everywhere it is difficult to earn, especially in the cryptocurrency, many new investors come to the cryptocurrency for the sake of quick and easy money, but it is not so easy to earn.

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June 14, 2019, 07:37:32 PM
 #78

Everywhere it is difficult to earn, especially in the cryptocurrency, many new investors come to the cryptocurrency for the sake of quick and easy money, but it is not so easy to earn.
It was a good opportunity to buy Bitcoin at 4000-5000 dollars. I partially bought, but I still regret that I did not invest 20,000 dollars.

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June 14, 2019, 07:45:41 PM
 #79

My initial attempts to trade on cryptocurrency exchanges often end in a loss of investment.  But I'm not going to give up trying to change the approach to trade and became more cautious in making decisions and choosing coins, devoting more time to analysis and price behavior.
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June 14, 2019, 07:55:10 PM
 #80

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 trading is not very hard but controlling emotion is hard than trading. If you can control your emotion smoothly during trading you will win the game and can earn some profit. We need to learn and need achieve more experience in trading field to earn profit regularly. There is a proverb like that ' little knowledge is dangerous things ' So we should not enter in trading with big amount with out any good knowledge about trading.

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