Trading Answers

[sana54210]

I believe that one of the characteristics of trading is to always head for the dip of the coins and buy, then we sell when the price recovers, but now that you say we should only trade when bitcoin recovers, is that not an opportunity lost already? one thing that I discovered about bitcoin trading is that anytime that there is a dip and yet to recover back is when I always get the chance to trade, because as the price of bitcoin dip to $8k now, the bulls would want to charge back, and you get to see lots of fluctuation which make it to be rising a little and falling back until it finally succeed in breaking the barrier.

During those high fluctuations, that is when I make money the most before the price recovers. if I wait for the price to recover back to $10k if that was not the correction, then I will struggle with deciding if the value will drop or not, but as it is on $8k now, I already know that no matter what, it will definitely head back for $10k.

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[BITDV]

Nice advice, i add some additional informations to complete it.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

Make sure to analyze price movement before make open position, analyze support & Resistant, macd, awesome oscillator (web crypto exchange not support this). Also don't trade when you need money faster, dont have more money, or in bad mood it will make your mindset become greed

[randegibran]

Many investor never know when have to start trade to buy coin because many investor buy coin when price on higher, just few time price have down and make them sell coin with lower price.

[Xanxus024]

Well there's no luck in trading better to read an article news regarding on crypto but basically we need to learn more news on bitcoin because it's all started there when the hype is coming for sure the price will increase then if there's a bad news probably the price will go down, right timing and good searching is one of the key so even if you loose no regrets and traders has guts every time to made a trade.

[xamxam]

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

Almost all traders on the map of bitcoin or crypto are experiencing defeat, but most traders are really into greed, whether they want a millionaire day, the hope of luck, no that's possible in real life trader.
It is only important that you have a goal of how many% you want to get each day, maybe 10% if you can achieve that you can stop by the next day to practice again just as easily.

[Danslip]

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

The two bad sides of the crypto trading, especially in the volatile days on the market. The emotional trading and perfectionism are the enemies of all crypto traders due to the more weight of disadvantages than advantages in my opinion. If you already figured out the reasons why major trades in your account are in the red, you are good to go after fixing these problems.

[republicrypto]

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

Greed is the most dangerous emotion in trading, when traders can't control greed, then it will continue to go further without thinking about the risks that will be faced. When trading in cryptocurrency we must be able to control emotions to minimize the risk of loss, at the time of loss, will not panic and take revenge which results in overtreding.

yes,, greed will ignore anything, even your capital and in the end you will lose all your money because of that
so, people should have patience and don't be greedy when they trading
regards

[bitjoin]

very good advice, You have opened the eyes of people who have always prioritized greed when trading. In trading there is no such thing as luck, need the right strategy and time to get multiple benefits, we must maximize every opportunity available to get the best opportunity.

[andra73]

very good advice, You have opened the eyes of people who have always prioritized greed when trading. In trading there is no such thing as luck, need the right strategy and time to get multiple benefits, we must maximize every opportunity available to get the best opportunity.

You are right, the main thing is the skill that must be possessed in a trade. if you only rely on luck I think it will be difficult to and might be inclined to loss. if you want to learn in trading then start focusing on one asset and learn how that asset has moved in the market. because each asset has a different character to trade in the market.

[rocku12345]

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

In addition
1.IHMO it depends from the type of trade you wish to use. For a long trade it is the best to analyze 1Y graph. There you can see financial support levels and this is actual not only for cryptocurrency.
2. It is a trend to use bots now. So if you beleive to AI you may try your luck on some exchange. Especially if you have a lot of time and trying slow and low value trading.

[masterrex]

Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

I agree with these! But when im doing trading i dont rely much on bitcoin usually im choosing 5 coins/tokens to trade in a day sometimes 2-3 times per day thats why i dont care if Bitcoin Trading price was fluctuate much in a day, Because im rarely using bitcoin to trade with other coins/tokens USDT or stablecoins is my choice but im holding BTC for some reason.

[Aabcde]

Your points is what i did in every possibility. I do trading by feeling because I'm not to much read the candle or anything about TA. In addition, I always do trade when hype is coming. Especially in new potential coin. I just feel confidence when do it. So, most of it give me a great value in several hours.

[AwoCorporation]

Your points is what i did in every possibility. I do trading by feeling because I'm not to much read the candle or anything about TA. In addition, I always do trade when hype is coming. Especially in new potential coin. I just feel confidence when do it. So, most of it give me a great value in several hours.

trading on new coins is indeed very profitable and also easy to make a profit. but be careful of projects that aren't very good. with bad developers, they may not have good plans and make their coin prices fall by selling coins without planning such as bounties and investors.

[Rufsilf]

Your points is what i did in every possibility. I do trading by feeling because I'm not to much read the candle or anything about TA. In addition, I always do trade when hype is coming. Especially in new potential coin. I just feel confidence when do it. So, most of it give me a great value in several hours.

trading on new coins is indeed very profitable and also easy to make a profit. but be careful of projects that aren't very good. with bad developers, they may not have good plans and make their coin prices fall by selling coins without planning such as bounties and investors.

Having a sustainable market plan isn't for newly existed projects. That is why they never succeed or it will just a very short stay in the market and later on, they'll vanish from the tin air.

Not to say that new coins are very profitable cause they're not. Though they are even listed into some exchanges and what we actually saw is that zero market volume. If we are planning to do trading, it is much better if we only trade those coins that have already in most reliable one.

[Mysteryla]

Trading can be very interesting and you might enjoy it while trading, because you are gaining, but you should always leave room for times that you might lose, else, if it happens to you, it might get you discouraged. The nature of cryptocurrency requires a lot of preparedness, so be prepared fro whatever might come your way.

[Zeke_23]

Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

I agree with these! But when im doing trading i dont rely much on bitcoin usually im choosing 5 coins/tokens to trade in a day sometimes 2-3 times per day thats why i dont care if Bitcoin Trading price was fluctuate much in a day, Because im rarely using bitcoin to trade with other coins/tokens USDT or stablecoins is my choice but im holding BTC for some reason.

Being greedy will not cause you any good. Having a clear mind and patience will make you think and make a clear decision when it comes to trading. Trading is not about buying low and selling high. Its about building a strategy on how you can make a profit out of the money you invested in the crypto market.

[Aabcde]

Your points is what i did in every possibility. I do trading by feeling because I'm not to much read the candle or anything about TA. In addition, I always do trade when hype is coming. Especially in new potential coin. I just feel confidence when do it. So, most of it give me a great value in several hours.

trading on new coins is indeed very profitable and also easy to make a profit. but be careful of projects that aren't very good. with bad developers, they may not have good plans and make their coin prices fall by selling coins without planning such as bounties and investors.

Having a sustainable market plan isn't for newly existed projects. That is why they never succeed or it will just a very short stay in the market and later on, they'll vanish from the tin air.

Not to say that new coins are very profitable cause they're not. Though they are even listed into some exchanges and what we actually saw is that zero market volume. If we are planning to do trading, it is much better if we only trade those coins that have already in most reliable one.

That's why I said 'new potential coin'. It's mean I did research first before entering the game. it's very hurt when you loss some funds right. I have lost much balance in ICO last year, and that's make me more aware and say no more to ICO. Just buy when it entering market.

[m.rifki]

Being greedy will not cause you any good. Having a clear mind and patience will make you think and make a clear decision when it comes to trading. Trading is not about buying low and selling high. Its about building a strategy on how you can make a profit out of the money you invested in the crypto market.

but that is certainly what is experienced by a trader and investor. when it has seen the best price, sometimes it still waits and hopes to be even higher with more profit. as well as traders who are never satisfied with the profits that are made daily and continue to increase capital and trade. even if it continues it often results in losses due to losing the best moments and the best prices. I have experienced this situation.

[Pinkris128]

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

Luck plays a role in the status of bitcoin but there are also other factors that determines whether bitcoin will go or down or flat lines in a given time. Those are the demand in the market, the prices of the other coins, some big announcements from crypto companies, some news about new laws that will be implemented in specific countries that has a big impact in the crypto industry, and many more. There is a lot to keep tabs on and the range of the changes in prices is too dynamic and difficult to estimate. That's where luck will play its role.

[Bonwin]

The whales and professional traders do not trade based on luck. They make adequate analysis, cause a lot of sways, by confusing other traders to either buy more or to dump. Which means they would have done their part and ensure that the game is on their side. So as a normal trader, you should not do of by luck.