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Author Topic: to be able to get a large profit in today's trading is very difficult!  (Read 2297 times)
Joyawan13 (OP)
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December 21, 2019, 04:27:17 AM
 #1

what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.

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December 21, 2019, 06:57:34 AM
 #2

Now a days making profit from altcoins really difficult.but with proper research can help to make profit.few days ago made profit from ltc and eth.Though profit amount was not high.Now I exchange my all altcoins to USDT.Now trying to watch Market carefully.in this situation entry in altcoins is risky(in my view).    

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December 21, 2019, 08:04:18 AM
 #3

altcoin what do you trade, my advice trade in coins that are already popular, and avoid new altcoins, or just trade with bitcoin vs USDT or other stable coins, because almost all altcoin will follow the movement of btc, to get a big profit, depending on your capital, for example you have a capital of $ 10,000 with a profit of only 1% you have got $ 100.
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December 21, 2019, 08:19:02 AM
 #4

Now a days making profit from altcoins really difficult.but with proper research can help to make profit.few days ago made profit from ltc and eth.Though profit amount was not high.Now I exchange my all altcoins to USDT.Now trying to watch Market carefully.in this situation entry in altcoins is risky(in my view).    

When it comes to trading, strategies are always important and a no.1 factor for you to earn in trading. Most of the altcoins are not that popular and they not prioritize it once it is not in the market list.

Always observe how market works and it will guide you on what to do next. Making decisions without proper execution is hard to exchange so watch out.

So not only bitcoin, altcoin is also uncertain and sometimes working in a downward movement.

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December 21, 2019, 08:34:34 AM
 #5

what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
Well, don't aim for big profit in one trade. Small but consistent profit can be huge too with compounding effect. The big pump days are over in my opinion. You won't see many big gains in altcoins that often anymore. Target for a small profit but do it consistently.

Don't rely on others tips. You should learn how to trade too. That way you can be independent and not begging for tips that end up bad anyway. Btw, do you know that you can profit from coin that going down too? I would recommend you to read a lot about trading before really jumping into it with real money. 
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December 21, 2019, 09:27:25 AM
 #6

not difficult if you want to learn and be grateful, behind your desire to get big profits is a big loss is also a big risk, have you thought about it where the trader has a high risk if we buy wrong and not on time to buy, just my advice if you want to get high profits you should have learned a lot from the trades that you have missed, I think that is enough to teach you, a few more you can learn the TA for crypto price analysis on YouTube also being able to measure the right time to buy and sell, difficult to study in this forum

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December 21, 2019, 09:31:25 AM
 #7

Being able to make a big profit in today's trading is very difficult or not. If you know well, you can easily earn profits by trading. But before trading, you must first learn how to trade. If you trade without knowing, you may lose the money you invested. Also, everything will depend on your capital. No matter how hard you can trade daily in the short term.



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December 21, 2019, 10:03:23 AM
 #8

Being able to make a big profit in today's trading is very difficult or not. If you know well, you can easily earn profits by trading. But before trading, you must first learn how to trade. If you trade without knowing, you may lose the money you invested. Also, everything will depend on your capital. No matter how hard you can trade daily in the short term.



Today many people are struggling with their trading because of different issues; it is easy today to find what we needed because of the internet. However, we cannot learn anything still we need to have to experience what real trading is. Even we have knowledge about how to trade; still, we need to continue studying and do our research to increase and gain the information we have. To have a concrete answer to our questions, it is better to ask another professional trader to make sure our transaction. We must learn to our mistakes in trade to make sure in the future it may help us. We just need to know in trading is when it is the right time to invest our money to avoid losing money and income.

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December 21, 2019, 10:35:26 AM
 #9

Honestly daily trading is profitable but  not as much as long term trading. If you do daily trading you need to choose right coin and right site to trade because all we know that there are so many site offering a good trading activity but in the end you will get break even income or worst loss. So it is better to make some research before you engage to trading.
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December 21, 2019, 10:58:30 AM
 #10

Exactly! OP has some points. But as a trader, you should still generate profits, small or large, that are still profits. You shouldn't go for large in first place, because it will also take some large risk.
For the past few weeks, we experienced some huge price actions like massive pumps and dumps, especially in Bitcoin, even you are trading short positions or long positions, these massive dumps and pumps will still REKT you.
For OP: you should also learn how to trade short positions so even bear market you can do some short positions or even in bull market, it's up to you.

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December 21, 2019, 11:01:13 AM
 #11

Daily trading should prioritize bitcoin analysis as a linking direction for altcoin trading, you certainly understand why altcoin always follows the same movements. All also depends on your capital, if only about $ 200 then the daily target doesn't have to be big, you have to get used to scalping consistently to start accumulating. it is better to wait if in a floating condition, the more often CL, your assets will also be reduced and affect your emotions.
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December 21, 2019, 11:10:50 AM
 #12

I think this is not the right time to trade in altcoins. You may buy it for hold for a certain time and trade with bitcoin. Just think about Matic, huge pump and dump are happening on that coin which makes Matic a shit coin, the same thing can happen in any other altcoin, therefore Etyhereum price collapsed again. So, better stop trading with altcoins for a while, trade with bitcoin or be a holder in this rough condition of the crypto market.

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December 21, 2019, 11:16:20 AM
 #13

Honestly daily trading is profitable but  not as much as long term trading. If you do daily trading you need to choose right coin and right site to trade because all we know that there are so many site offering a good trading activity but in the end you will get break even income or worst loss. So it is better to make some research before you engage to trading.
Let us be realistic here, Market that has a high volatility rate does not have the same rate of effectivity on trading in daily trading, It means you don't have the same chance as yesterday even if you have chosen the right coin if the market is not that profitable then it won't work. Regardless of what coin, what you need to have is a perfect timing to maximize your profit so you'll be lose proof.

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December 21, 2019, 11:58:04 AM
 #14

Altcoins are pretty much seeing constant ups and downs so I'm not gonna blame you for feeling like that. Even BTC has had difficulties establishing a pattern for daily traders to follow. But there's also the fact that its close to impossible to actually gain a large profit from day trading, much less altcoin day trading. Altcoins are huge opportunities sure, but most altcoins eventually go down the dumps if not going up slowly. They never experience a boom that are that huge in the market, sadly enough. Most coins only exist on the market for around 2 -3 months then die off because no one even uses them anymore.

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December 21, 2019, 12:08:18 PM
 #15

It officially started around mid 2018, when crypto market went into a bearish trend. Top ten altcoins went on a downward spiral and most of them are in the 60%-95% below it's all-time-high. As for the tips, hard to say, we all have different strategy here and I'm not sure if someone is willing to share his/her strategy. Also, bots are prevalent this day, I'm not saying that you need to get bot to help you out. But the market has bot that can trigger pump/dump everyday so it's really hard to make money today.

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December 21, 2019, 12:35:41 PM
 #16

what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.

Daytrading may not easy in this curreny market condition but if we really could take the advantages of it will be a great chance to gain profits since the price of almost all altcoin and bitcoin is so agile and we have so much chance to get profits from scalping trade. But we have to be really know the wave of the market to do it.

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Gheka
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December 21, 2019, 12:44:15 PM
 #17

I think this is not the right time to trade in altcoins. You may buy it for hold for a certain time and trade with bitcoin. Just think about Matic, huge pump and dump are happening on that coin which makes Matic a shit coin, the same thing can happen in any other altcoin, therefore Etyhereum price collapsed again. So, better stop trading with altcoins for a while, trade with bitcoin or be a holder in this rough condition of the crypto market.
I disagree with your opinion, although we can see Matic become a battleground for whales to pump and dump then become something that many people are afraid but you should see the profits that we can make when we make good use of these opportunities, the amount of money is immense if we know how to stop reasonably. While you can see the discomfort in bitcoin's movement, the downtrend of bitcoin is so frightening, investing in bitcoin sometimes only makes us more nervous than ever, altcoin is still a place to gain good profits but we are forced to live with risk if we want to make a lot of money

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December 21, 2019, 01:02:40 PM
 #18

I think this is not the right time to trade in altcoins. You may buy it for hold for a certain time and trade with bitcoin. Just think about Matic, huge pump and dump are happening on that coin which makes Matic a shit coin, the same thing can happen in any other altcoin, therefore Etyhereum price collapsed again. So, better stop trading with altcoins for a while, trade with bitcoin or be a holder in this rough condition of the crypto market.
I disagree with your opinion, although we can see Matic become a battleground for whales to pump and dump then become something that many people are afraid but you should see the profits that we can make when we make good use of these opportunities, the amount of money is immense if we know how to stop reasonably. While you can see the discomfort in bitcoin's movement, the downtrend of bitcoin is so frightening, investing in bitcoin sometimes only makes us more nervous than ever, altcoin is still a place to gain good profits but we are forced to live with risk if we want to make a lot of money
when bitcoin sideaway is indeed quite scary for daily trading, because at any time altcoin can go down. but if you are an expert that can minimize the risk, at least still able to take advantage of 10%, that's enough in my opinion. I myself can still make a profit of 10%, although not every day sometimes it takes 1-5 days.

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December 21, 2019, 01:34:33 PM
 #19

what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
bitcoin is stagnant, but I worry when Christmas the price of bitcoin falls because people have many needs. so the risk is also for altcoin, it's better to wait until the beginning of the year, while watching the movement of bitcoin until the end of the year. right now I prefer a few coins that down deep, so that later when the time comes I will get a big profit.

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December 21, 2019, 01:55:04 PM
 #20

It is very difficult to get big profit these days because of the current price wherein if it will increase but it’ll increase a little and the price also fluctuates rapidly so it is very hard to predict accurately and day trading now can be very challenging because of how the market moves. However, if you will only be smart in trading then you can still get profits it may not be that big but you will be able to get profit little by little and for let say days then if you will combine it you will realize it is already big, it is just a matter of proper strategizing.
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