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Author Topic: to be able to get a large profit in today's trading is very difficult!  (Read 2304 times)
ReiMomo
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December 21, 2019, 02:21:31 PM
 #21

Why it very difficult if you prefer in long term trading or holding rather. As long as there is volatility and the price fluctuates now and then, you will have profit by that. Dont assume that the market always showing green colors because that impossible to happen. The most important here is just you know when the perfect time of buying and selling points. Altcoins price was tied up to Bitcoin price and they are almost the same movement.

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December 21, 2019, 02:27:25 PM
 #22

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.

I should agree with you but I have my own reason why it is hard to get high profit in the current market condition. I would say, HYPE is ended and many people are leaving crypto market  which leads the price to not really volatile. In other hands, it means that the current traders and investors are those who really believe in crypto.

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December 21, 2019, 02:29:13 PM
 #23

the possibility of your analysis is not good, personally I do not trade on altcoin (I only trade btc/usd only), my way is that I determine the position of buying and selling through candlestick charts only.
And by the way, altcoin keeps going down because it's approaching Christmas and many people are selling their assets, so it doesn't seem right to trade this week. after Christmas there is a possibility that prices will rise again, try to prepare your buy position and don't forget to see the movements on the candlestick charts and also follow the updated news.

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December 21, 2019, 03:41:36 PM
 #24

Too bad to say that the market isn't like before. May we see that prices keep rising before but unfortunately, it is in a long struggle and we can't even experience bullish this time. And you are right OP, it is really difficult to become profitable but yet, we can still make it if we never been working on it so hard. Trading will also matter of what coins we are going to trade/hold, cause if we are using those less fortunate coins it is really we can think of becoming profitable.

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December 21, 2019, 03:43:45 PM
 #25

There is nothing we could do.
All altcoins are still marked red and that keeps on going up until now.
There is just not much profit in altcoins by now.
Try bitcoin if you are having troubles with alts. The market of it keeps moving but it will be difficult for a daily basis.

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December 21, 2019, 03:48:06 PM
 #26

The golden days of trading are over now. Its harder than ever to research and trade in these fluctuations of bitcoin pump and dump. Also the projects are having a tough time to deliver what they had planned because of various reasons. Right now we can see people are only interested in Bitcoin and because of this the dominance is higher than ever.

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December 21, 2019, 04:15:59 PM
 #27

Why it very difficult if you prefer in long term trading or holding rather. As long as there is volatility and the price fluctuates now and then, you will have profit by that. Dont assume that the market always showing green colors because that impossible to happen. The most important here is just you know when the perfect time of buying and selling points.

well said   .  this is crypto trading all about  .  we cant say that trading is difficult because of the massive decline of the price but if we will only look at the bright side we can still buy coins at cheap and then we can just trade them and take profits little by little because the coins can still fluctuate  .  we only need to disregard the mindset of earning large profit because if that is you seek thesedays you will only be dissapointed  . large profit can still come if you have patience of saving your small profits that you get from short term trading  .
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December 21, 2019, 04:24:30 PM
 #28

Aim small, miss small.

That should be your goal right now. The market makes small swings right now. You can still profit from that. But if your goal is to win big, then you have to wait longer. Take advantage of the small swings then even now, making a profit will not be that hard.
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December 21, 2019, 04:24:34 PM
 #29

the possibility of your analysis is not good, personally I do not trade on altcoin (I only trade btc/usd only), my way is that I determine the position of buying and selling through candlestick charts only.
And by the way, altcoin keeps going down because it's approaching Christmas and many people are selling their assets, so it doesn't seem right to trade this week. after Christmas there is a possibility that prices will rise again, try to prepare your buy position and don't forget to see the movements on the candlestick charts and also follow the updated news.

even with this major pairs its still difficult when you have no way of forseeing what is coming. there isn't really much left to do right now that just watch the market. i stopped trading for awhile because the market obviously is about to go up when you check the weekly chart but isn't moving that way still. maybe this is really the way it goes because of the bakkt or simply there are just who manipulates the market that will keep small traders stuck to just holding their btc instead.









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panganib999
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December 21, 2019, 04:32:58 PM
 #30

Well, not really today, but rather just in this season. BTC hasn't really shown any large movements that could provide any chances for traders to actually earn large profits. Pretty much the season could be said to be time for accumulation. Not only BTC, but also altcoins are currently being seen as such. Heck, they are even constantly going down instead, unlike BTC with its sideways movement. Plus, not much announcements about good altcoins have been left on the market, so no good investment could be really done in there.
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December 21, 2019, 04:45:27 PM
 #31

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.
For me what make difficult to do day trading is pick right coin, because since first we forced to look coin that might be can profitable in short amount of time. Honestly until now that kind of thing that i mentioned, i still can't do it good and i prefer on long term hold right now. If you already know about technical analysis, maybe only need more practice and time so you can always pick a good coin to trade.

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FLoving
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December 21, 2019, 04:54:16 PM
 #32

Why it very difficult if you prefer in long term trading or holding rather. As long as there is volatility and the price fluctuates now and then, you will have profit by that. Dont assume that the market always showing green colors because that impossible to happen. The most important here is just you know when the perfect time of buying and selling points. Altcoins price was tied up to Bitcoin price and they are almost the same movement.
Actually OP want to have the profit from altcoin trading just like the end of 2017 year which is hard in the current market but not everyone have to think about that time in crypto they also have to think about the time before that in which the price and market was behaving like that and in the time of halving the price got a huge value and all of those who hold their coins got a bigger profit. We are passing through the same  time and in this time our profit and benefit is in holding.
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December 21, 2019, 05:40:34 PM
 #33

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.
The market did not have too much volatility and altcoin had no waves. So it is impossible for you to make a profit during the day, it is best to invest in short-term or long-term in this cold market. That's the only way you can earn the most reliable profits without spending too much time tracking altcoin and bitcoin charts.
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December 21, 2019, 05:55:18 PM
 #34

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.
The market did not have too much volatility and altcoin had no waves. So it is impossible for you to make a profit during the day, it is best to invest in short-term or long-term in this cold market. That's the only way you can earn the most reliable profits without spending too much time tracking altcoin and bitcoin charts.
Tracking altcoin and bitcoin charts means that you are doing research about them before investing in them and it means that you will be able to buy and sell at the right time so it is better to not avoid it. If someone will not do that type of research then it is impossible to get profit and the loses are possible in that trade.
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December 21, 2019, 06:49:33 PM
 #35

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.
You do not really give us an idea of how long you have been trading but for the past two years trading altcoins has been a nightmare, obtaining profits in that market is so difficult that even if you were an expert trader your experience may not be that positive, there is not really any tips that we can give you the only way to obtain long term success is to devise a system that works on the long term and then stick to it, it sounds simple in theory but believe me when you try to actually employ that system you will realize how hard it is.
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December 21, 2019, 07:27:54 PM
 #36

You may not get a "large" profit in one swift action but you could always get a decent couple of profits that are quite small that combined makes a large profit. It is still difficult I know that, even making 20% profit in a whole year is difficult but if you know your times right we are talking about a currency that started the year 3400 dollars which is over 7000 dollars right now. That is 100% profit in one whole year and you can't say doubling your money is not a large profit.

Definitely, day traders are having a hard time but 2019 was an amazing year for the long term traders, if you started the year with bitcoin and didn't sell it (or didn't buy any new) you just made 100% of your investment back in just one year. There is not that many thing in world that can give you this much profit.

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December 21, 2019, 10:34:01 PM
 #37

The golden days of trading are over now. Its harder than ever to research and trade in these fluctuations of bitcoin pump and dump. Also the projects are having a tough time to deliver what they had planned because of various reasons. Right now we can see people are only interested in Bitcoin and because of this the dominance is higher than ever.

The golden years of dumb trading where you could go in at any moment and see 50% gains by the end of the day are surely over, but that doesn't mean trading is over. The market has changed since futures allow people to short and not only that they allow people to short with fiat, without knowing anything about crypto and owning it.

Now it's more difficult because those people are bearish and are trying to make money on their bearishness. If they were bullish they'd buy bitcoin instead of trading futures.
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December 22, 2019, 12:51:09 AM
 #38

Indeed, now we have to be patient waiting for the market to rise again, if we pay attention to the price movement for several months
not volatile. This makes it difficult to obtain large profits, but we must remain optimistic about the future of crypto trading. Now it is
natural that bitcoin and altcoin prices do not show fluctuating price movements, because we all will face christmas and new year. It's better
for us to take a break until the new year ends, and start trading in early 2020. Definitely going there is a surprise price increase, and if that
happens we will more easily generate large profits.

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December 22, 2019, 02:45:53 AM
 #39

Indeed, now we have to be patient waiting for the market to rise again, if we pay attention to the price movement for several months
not volatile. This makes it difficult to obtain large profits, but we must remain optimistic about the future of crypto trading. Now it is
natural that bitcoin and altcoin prices do not show fluctuating price movements, because we all will face christmas and new year. It's better
for us to take a break until the new year ends, and start trading in early 2020. Definitely going there is a surprise price increase, and if that
happens we will more easily generate large profits.
If you really observe the movement of the market, you will see a lot of opportunity from the past few weeks that are given by the altcoins in the market. There is always an opportunity in the market and you just need to analyze each of them in order see and to filter the good opportunities to bad ones. You have to do it by yourself and do not depend on other people's recommendation so you will be able to maximize the profit.
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December 22, 2019, 03:39:37 AM
 #40

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.
My sincere advice is that you should stop trading the alts now. There are hundreds of "potential" alts but only a few of them are real, such as Matic, Chainlink, ETH, Tezos, Cosmos, Tomo, ... besides, all is garbage and it will soon die when Bitcoin was dumped again. Besides, now the market is bitcoin, its Dominance is now up to 68.6% and shows that not many people are interested in alts anymore and of course no one will pump the price of the alts up. Now you should just trade bitcoin and hold it until the market grows again in 2020, don't try to trade when the market is in downtrend!


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