stephanirain
Sr. Member
Offline
Activity: 756
Merit: 257
Freshdice.com
|
|
October 06, 2019, 04:24:28 PM |
|
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.
When to trade is when the indeed the market heals from sudden drop. That is best time to buy or invest when the prices are still lower and wait until the prices start to rise up again. Waiting for the pump can be a long time or short, we have no guarantees. Slow trading is also a good start to practice your skills and you will learn from the experience.
|
|
|
|
jajorforce
|
|
October 06, 2019, 04:53:59 PM |
|
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.
Trade hasn't good time, all time is good for trade. During dump you shouldn't hold your coin. I earned much than I loss in my trade history. 1 or 2 days this isn't problem in trading. Last advice is don't trade by any one coin, up to 5-10 coins with low amount.
|
|
|
|
103deltafox
|
|
October 06, 2019, 05:35:05 PM |
|
As a trader for you to be successful, you must first kill emotions before entering any trade, also when you make 10% - 30% profit on day trading, you should be able to close the trade else you get the consequences of greed. Also remember to use stop loss this helps a lot .
|
|
|
|
criket
|
|
October 06, 2019, 05:45:39 PM |
|
As a trader for you to be successful, you must first kill emotions before entering any trade, also when you make 10% - 30% profit on day trading, you should be able to close the trade else you get the consequences of greed. Also remember to use stop loss this helps a lot .
In the past, I was very greedy with the trade that I do every day. the first few days did benefit but after that the loss that followed greed. I learned from my own experience and now get enough small profits every day and get out of trade then come back the next day. I don't want to be greedy anymore, because I've lost my money because of greed.
|
|
|
|
DU18
Sr. Member
Offline
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
|
|
October 06, 2019, 06:12:21 PM |
|
In the past, I was very greedy with the trade that I do every day. the first few days did benefit but after that the loss that followed greed. I learned from my own experience and now get enough small profits every day and get out of trade then come back the next day. I don't want to be greedy anymore, because I've lost my money because of greed.
In trading, it is better if we apply the method of short-term trading / daily, although the benefits we can make in daily trading is very small, but the benefits can we get routinely by turning our money on the trading market and of course things this is more able to avoid us from large losses, and usually our greed in looking for large profits can make us forget the risks we will face in trading.
|
|
|
|
tabas
|
|
October 06, 2019, 06:59:29 PM |
|
As a trader for you to be successful, you must first kill emotions before entering any trade, also when you make 10% - 30% profit on day trading, you should be able to close the trade else you get the consequences of greed.
Yup, right mindset and your emotions must be settled. Close your profits if you have taken that much. Be it 5% up to more than that should depend on how much you're looking at. Also remember to use stop loss this helps a lot .
Additional is cut loss, these two are both useful.
|
|
|
|
gantez
|
|
October 06, 2019, 08:10:40 PM |
|
If you want to trade, it's better to find the altcoin community, because there are lots of people there, we will know about how to trade and buy coins that will go up, I always look for sources from the public.
This can help like a lead to the decision of trade to execute. Trading cryptocurrency or bitcoin isn't easy so having a collection of people to get idea from can be better. For example in forex trade, the news is really changing the market direction but I don't know exactly what influence the bitcoin daily except for fork or halving.
|
|
|
|
doomloop
|
|
October 07, 2019, 05:21:19 AM |
|
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.
When to trade is when the indeed the market heals from sudden drop. That is best time to buy or invest when the prices are still lower and wait until the prices start to rise up again. Waiting for the pump can be a long time or short, we have no guarantees. Slow trading is also a good start to practice your skills and you will learn from the experience. It entirely depends on the type of trader someone is. Individual skills also count but talking generally, the best time to trade is every time. When a person is dealing in digital currencies that are volatile and very beneficial, he must try to make as much money as he can by learning and working on daily basis. It is easy to say buying low and selling high but this is not a kid’s play to make right decision at right time.
|
|
|
|
cahbagus555
Member
Offline
Activity: 756
Merit: 12
|
|
October 07, 2019, 06:37:29 AM |
|
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.
I think it's hard to explain good trading methods because everyone has different analysis and how to read markets. In my opinion there is no strategy or analysis that is sure to provide profit because every analysis can be wrong. But with that mistake, we can learn from experience and develop better strategies
|
|
|
|
Bezobraznike
Sr. Member
Offline
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
|
October 07, 2019, 08:05:37 AM |
|
-seen
I think it's hard to explain good trading methods because everyone has different analysis and how to read markets. In my opinion there is no strategy or analysis that is sure to provide profit because every analysis can be wrong. But with that mistake, we can learn from experience and develop better strategies It is hard to trade and to use analysis for crypto-market because this market is new for everyone. There are no experts, this is not an exact since, people use what they can in order to make some profit. There are people who are more lucky, or they found some method that works for them. Every person has different time period for trading, not everyone can watch charts for hours. With different time for trading, different bankroll, different exchanges and fees, each of us should find what suits us best. Find your position and try to make the best from it.
|
|
|
|
Masyudhi
Sr. Member
Offline
Activity: 1008
Merit: 250
SmartFi - EARN, LEND & TRADE
|
|
October 07, 2019, 11:15:53 AM |
|
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.
Yes it is true, for myself greed for large profits can make us gain losses. And to trade alone, we need to observe the movement of market charts. To determine when a good point to trade and as you said do not trade in large quantities and enough 2 to 3 times a day to avoid the risk of loss that we can get later.
|
|
|
|
Cacingkemi
|
|
October 07, 2019, 09:29:14 PM |
|
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.
maybe precisely the trade you do is trade in a short time, because to be able to get big profits you have to buy coins that you will choose to trade by buying at the lowest price and reselling after the price rises sharply, and not waiting to trade when the price has surged high.
|
|
|
|
Maslate
|
|
October 07, 2019, 11:50:44 PM |
|
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.
I think it's hard to explain good trading methods because everyone has different analysis and how to read markets. In my opinion there is no strategy or analysis that is sure to provide profit because every analysis can be wrong. But with that mistake, we can learn from experience and develop better strategies People could experience a lot just by trading a quality coin. Ethereum has many perks. As a trader, we always have our own analysis and that ours might not work for others. But with bitcoin and ethereum, they are both potential coins and can give us profits if we trade them when their prices are already stable. If their prices are still very low, then it would be the best time to start accumulating them and only trade them when their prices are already surging.
|
| █▄ | R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
|
|
|
crossabdd
Legendary
Offline
Activity: 1316
Merit: 1145
|
|
October 08, 2019, 12:51:37 AM |
|
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.
actually there are two analyzes in crypto trading (including forex), namely technical and fundamental analysis, but read your posts. that includes 70% is technical analysis. You are right, if someone asks about starting a trade. self control is the main. including making profit and loss targets. time to trade, patience, and without emotion. the limit in technical analysis is looking at price reversals. and must carefully analyze the graph. if you rely on it, beginners must really be patient without emotion. to make a profit.
|
|
|
|
jcpone
|
|
October 08, 2019, 02:11:22 AM |
|
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.
' Trading is a matter of how you will discipline yourself when you are in the actual trade. I agreed, the being greed will only push you into losses of you coins. And for us to succeed on trading let us use TIMING in a properly procedures. How? when you see the market is bleeding, I mean the price is falling, were many of the holders are panic, worried because of the situation, that's the right time for us to take advantage to buy at low price then hold.
|
|
|
|
BlacksmithCorporation
Full Member
Offline
Activity: 438
Merit: 100
arcs-chain.com
|
|
October 08, 2019, 02:42:49 AM |
|
In trading you need to rely more on news like you need to risk in this way like the market is really volatile because this is really worldwide
Then buy only little by little and with gap like example buy if the time of btc are around $10000,$8000,$6000,$4000,$2000 but if you can't afford then don't do invest then you can back anytime here in crypto
Trading on news is a bad option, news always comes slow, when I know something, the price goes up or down, and there's also fake news. Depending on the news in the transaction, I would lose the initiative, which is really not good.
|
|
|
|
NathanJB
|
|
October 08, 2019, 02:48:44 AM |
|
It is great that it works for you. You seem to be cautious in your trading decisions. That is really the good way to go in trading. There is no need to rush. Rush decisions in trading will oftentimes end up a bad decision. Rush means emotions are running high. One has to take time studying the chart, waiting for the best entry, and making a moderate order.
One thing though. Take the opportunity to make buy orders when the market has not recovered yet. You are given a chance to buy coins at a cheap price during red times.
|
|
|
|
akungagal
Member
Offline
Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
|
|
October 08, 2019, 03:06:45 AM |
|
your advice is very good for a new trader. i think you are right, trading twice a day is enough and one of the most important is being able to control yourself.
indeed everyone has their own perspective in trading, but i like the way you trade. i think the way you trade is quite safe in my opinion.
|
|
|
|
matchi2011
Sr. Member
Offline
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
|
|
October 08, 2019, 03:30:34 AM |
|
In trading you need to rely more on news like you need to risk in this way like the market is really volatile because this is really worldwide
Then buy only little by little and with gap like example buy if the time of btc are around $10000,$8000,$6000,$4000,$2000 but if you can't afford then don't do invest then you can back anytime here in crypto
Trading on news is a bad option, news always comes slow, when I know something, the price goes up or down, and there's also fake news. Depending on the news in the transaction, I would lose the initiative, which is really not good. News can be used as basis in regards to positioning your entry or exit points while trading. It can help you to figure what to do next especially when there's really relevance to the current market situations. Use this information to be well guided and not to blindly follow any trend. And like what you've just said, there's also fake news to create panics so you also need to verify the legitimacy of whoever forecast the information.
|
|
|
|
pieppiep
|
|
October 08, 2019, 05:25:28 AM |
|
In trading you need to rely more on news like you need to risk in this way like the market is really volatile because this is really worldwide
Then buy only little by little and with gap like example buy if the time of btc are around $10000,$8000,$6000,$4000,$2000 but if you can't afford then don't do invest then you can back anytime here in crypto
Trading on news is a bad option, news always comes slow, when I know something, the price goes up or down, and there's also fake news. Depending on the news in the transaction, I would lose the initiative, which is really not good. The news will only make people panic, and that is why they cannot see a chance to use the news, and they only get lost. Sometimes the news will not have any effect on the market because traders will think about searched on the other news that can be used for another source to compare the reality. So far, I don't rely on the news itself because I prefer to analyze the current market to see what is going on with the price so I can decide on what I need to do. Maybe you can use the news when you find that the news can be fake news and makes people panic so you can get the benefits from the news. That will be your chance to get a low price when the price is dumped too deep. But if there is nothing happen with the market, you don't have to do anything except waiting for the price to go up or down.
|
|
|
|
|