Help in Trading

[Harriti]

I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?

Your strategy is correct when trading BTCUSDT but you need to know more. You know, finance is a very vast field and so does its knowledge. In order for you to earn money, you should have more knowledge about TA, it's very important. For example, you need to keep your profit level when you see the price of bitcoin just broke out of the strong resistance area, ... at the same time, you should also have basic knowledge of Dow and the psychology of the crowd. You need to learn more to increase your probability of winning, wish you success.

[worldtraveller321]

what would be good way and method to earn from BTC by moving back and forth to a stable coin?

[Edraket31]

I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?

Your strategy is correct when trading BTCUSDT but you need to know more. You know, finance is a very vast field and so does its knowledge. In order for you to earn money, you should have more knowledge about TA, it's very important. For example, you need to keep your profit level when you see the price of bitcoin just broke out of the strong resistance area, ... at the same time, you should also have basic knowledge of Dow and the psychology of the crowd. You need to learn more to increase your probability of winning, wish you success.

That's a good sign that you are earning, when you are analyzing and seeking advise from other people, because in reality, some people think that they are good enough and not asking for help from other people. Trading is not that easy as anyone thinks, it takes a lot of heartaches, stress, depression, fear, doubt, but once you overcome all of it then you will eventually become expert.

[AniviaBtc]

I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?

Perhaps you pay more fee than the profit you gain from your trade. You could be also trading in a short period of time wherein the market movement doesn't volatile too much making you unprofitable for your each trade. If you want that to change, try to study more how does the trading works and look for trading pairs who suits to your skills and has a minimal risk at the same time.

Or maybe he's impatient about his profit that's why he gets excited and he want to secure the money he get and convert it suddenly into USD again and that's very wrong.

Always wait for your time when exchanges will become worth it. Proper management and patience is a key in trading that's why those professional enough can control their emotions.

They can handle any circumstances in trading no matter what. Either green or red, they know what to do and they're good in decision making because of the experiences they had.

[gweedo]

I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?

Your strategy is correct when trading BTCUSDT but you need to know more. You know, finance is a very vast field and so does its knowledge. In order for you to earn money, you should have more knowledge about TA, it's very important. For example, you need to keep your profit level when you see the price of bitcoin just broke out of the strong resistance area, ... at the same time, you should also have basic knowledge of Dow and the psychology of the crowd. You need to learn more to increase your probability of winning, wish you success.

That's a good sign that you are earning, when you are analyzing and seeking advise from other people, because in reality, some people think that they are good enough and not asking for help from other people. Trading is not that easy as anyone thinks, it takes a lot of heartaches, stress, depression, fear, doubt, but once you overcome all of it then you will eventually become expert.

Anyone who can overcome all of these factors will become a giant in this market. To be honest, not too many people can do this, I have been in this market for many years and have more than 3 years of trading but I still have not overcome the psychology of trading. And you are right trading is not like we think, it is much harder when we enter the order

[FLoving]

I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?

The problem in you is that when you see green then you buy and it do not guarantee that it will further go green in that instant and when it turn red then you sell after price reaching to its down level so in this case no one will earn but will lose. Better way of trade is that you have to stay alert and have to buy before starting the green and have to sell before going to red. You secure only when you sell before going to red. For that you have to study all the charts and have to get alerts of any good and bad news. Other bets option is that you hold till a golden age of bitcoin market.

[Negotiation]

Before trading you must have sufficient knowledge of the trade Otherwise you may lose your money See various places before trading Research the analysis and also observe how a market is doing. Because there are both profit loss for the business so if you do not despair then try again from there.

[Subbir]

Everyday one thing new here you've got to find out one thing new here a day there's no means you'll get bored in an exceedingly very straightforward means, as critical obtaining associate degree education you ought to forever attempt to get the correct education, however solely then you'll come through success by commerce this can be positively an extended term arrange.

[Stargazer]

You can't make profits by doing this. Because BTC price goes up and down every day, if you do it this converting again and again, then your profits will be zero but the loss will have numbers. You have to be brave in trade, otherwise, you can't do well in trade. Loss and profit both are common here, sometimes you may lose, but that doesn't mean you end here, rather be strong and customize the trading strategy.

[barbara44]

You can't make profits by doing this. Because BTC price goes up and down every day, if you do it this converting again and again, then your profits will be zero but the loss will have numbers. You have to be brave in trade, otherwise, you can't do well in trade.

What is converting here? Every trader who trades bitcoin against fiat, must need to buy or sell bitcoins and USD more frequently which has no differences from what you mean by "converting". If you do this randomly then definitely you will lose all your capital and if you do this carefully like selling higher than buying then you are doing the actual trading (assuming at your selling price that you are covering all your fees+some profits).

Loss and profit both are common here, sometimes you may lose, but that doesn't mean you end here, rather be strong and customize the trading strategy.

Yes, even decades long experienced traders too must be booking losses time to time. But, they must be booking more profits than losses which is the reason they are able to continue their trading. To do so, you must need a strategy.

[Triffin]

what would be good way and method to earn from BTC by moving back and forth to a stable coin?

For me the best way to make money from bitcoin in is trading and investing for long term because both of them are the ways to get good profit by applying easily as long As you want.  As if you will trade for long term it will give you so relaxation about work and your other activities too, and will help you to make good futures for yourself. In bitcoin actually holding matters because of volatile nature.

[CarnagexD]

If you want to make sure that you are earning in trading or by buying and selling cryptocurrencies then you should set a specific target for profit taking and for your stop loss. You cannot just convert your bitcoin to fiat and vice versa when you just see a green or red in your portfolio. It is better to give it a time and always plan your trade before you even convert your money to cryptocurrency.

Most of new people tends to overlook the calculation of conversion fees and other fee generated on every trade so most probably what will happen is unnecessary loss just because you have seen a green on the price. What I always think of when trading is the timing, I always ask myself ' would I benefit if I sell on this point?' so I'll make an analysis to decide what to do next.

[BitHodler]

Most of new people tends to overlook the calculation of conversion fees and other fee generated on every trade so most probably what will happen is unnecessary loss just because you have seen a green on the price.

I don't think the fees are much of a surprise to people because they know what exchange has the lowest fees and sign up there. I'm sure you have seen threads pop up here where people ask questions about the fees.

What I think makes people lose out is the difference between bid and ask. On illiquid exchanges the difference can be so large that even when you make 2% on a trade, you still make a loss while you wonder how you could have lost.

[Sanugarid]

Most of new people tends to overlook the calculation of conversion fees and other fee generated on every trade so most probably what will happen is unnecessary loss just because you have seen a green on the price.

I don't think the fees are much of a surprise to people because they know what exchange has the lowest fees and sign up there. I'm sure you have seen threads pop up here where people ask questions about the fees.

What I think makes people lose out is the difference between bid and ask. On illiquid exchanges the difference can be so large that even when you make 2% on a trade, you still make a loss while you wonder how you could have lost.

Let's think about that fees are just a consequence for us or a tip for the middle man in trading. Don't think of it in a bad way, because fees are made the same as the taxes. It is not that big enough for us to be recognized as loss also.

And also because illiquid exchanges are also volatile like bitcoin, it means is not certain so it is very hard to manipulate trades.

[mbakruroh]

You already has good strategy but we also know red market still running and trading/ withdraw fee is not cheap. Only need to wait the right moment if you trade now your money will gonna. Be patient at lest until next year ( February - March ) to start new journey. Don't push too hard, slowly but sure take the important thing to raise your skill. If you run for profit than loss will you get.

[Barbut]

You already has good strategy but we also know red market still running and trading/ withdraw fee is not cheap. Only need to wait the right moment if you trade now your money will gonna. Be patient at lest until next year ( February - March ) to start new journey. Don't push too hard, slowly but sure take the important thing to raise your skill. If you run for profit than loss will you get.

If he is trading with USD instead of some stable coin like USDT commission is eating his money every time. What he needs to do is to find a better pair, to check trading fees and then to start trading. He didn't share the name of the exchange he is using, and we know that some exchanges have really high trading/withdraw fees. His strategy can be good, but his profit doesn't cover the expenses.

[nydiacaskey01]

You should at least see a little gain if you lock your funds by converting to USD. That has been the practice of many traders but the question is how much is your capital? If its too small, expect that when you trade profits will be a little. it small too specially if you spread your capital in different coins and convert it one by one to USD once you see red. Thats where you pay for the fees and maybe thats what eating your profits.

[Asmonist]

Its really quite unpredictable also in trading. Most likely it depends also on the amount of capital you trade or invest for the amount of returns you receive. Personally I'm also into trading for quite long time now and I'm also not earning that much. Well, I guess its just also right for me since I'm really not giving more time on it. Indeed, I believe a high-earning trade needs a focus and time and more capital.

[Pamadar]

You should at least see a little gain if you lock your funds by converting to USD. That has been the practice of many traders but the question is how much is your capital? If its too small, expect that when you trade profits will be a little. it small too specially if you spread your capital in different coins and convert it one by one to USD once you see red. Thats where you pay for the fees and maybe thats what eating your profits.

Agree to that, it's needed to be specified as trading fees will sucked up your capital if you miscalculated the percentages of those trading fees. If you always consider the amount of each transactions that you'll going to process and make sure that you calculated everything right.

[asus09]

You should at least see a little gain if you lock your funds by converting to USD. That has been the practice of many traders but the question is how much is your capital? If its too small, expect that when you trade profits will be a little. it small too specially if you spread your capital in different coins and convert it one by one to USD once you see red. Thats where you pay for the fees and maybe thats what eating your profits.

Agree to that, it's needed to be specified as trading fees will sucked up your capital if you miscalculated the percentages of those trading fees. If you always consider the amount of each transactions that you'll going to process and make sure that you calculated everything right.

Very safety way because USD look stable price although bitcoin have higher or lower price, maybe only one coin never have change how ever bitcoin price, want to break with higher price or not for bitcoin USD always look the same price, you can convert your assets when bitcoin or altcoin have lower price and selling when price of coin is up.