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Author Topic: to be able to get a large profit in today's trading is very difficult!  (Read 1851 times)
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January 01, 2020, 10:22:47 PM
 #101

Trading has always been difficult, hindsight is 2020 so when you do end up looking at what the prices was years ago you may think to yourself "I wish I bought at 33 dollars" but unfortunately as the people who lived those times I can tell you that we didn't see it going up this much neither, some of us bought around low levels and price went down so we cut our losses and considered it money lost, I personally got some bitcoin cheap but it went up so I sold it for a great profit but nowhere near these levels because that increase was good enough for me.

So, trading was always difficult, it didn't became difficult only recently. Focus on making a bit of profit, just a tiny bit, or try to just hold your coins, that is the only thing we can hope for these days.
In short, nothing is certain when we do talk on what would be the future looks like.Results or benefits will vary on how you do somewhat gamble on buying in low levels then hold up for long term.

If trading was easy then majority of us would really make money but come to think that market is composed of buyers and sellers.If theres someone whose profiting then theres someone losing.

Dont focus on rushing up on making money because this will just result into confusion since you do hurry up on things.
We not talking about short term or long term trading always hard to get much profit during bitcoin keep stable with lower price almost last one year, we don't know how to get little profit although 5% until 10% with trading and investing during bitcoin looks not growing up, maybe with second day on new years become most worth to start trading again and easy for earning profit every day.

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January 02, 2020, 10:21:22 PM
 #102

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.

This is due to the market conditions and your choice of trading pairs.
You should use the basic rules  by buying the deep, and check the liquidity of your trading pairs and volume.
Learn how to control your emotions,  it seem that you only trade on a particular few Alts, you should make a research overview of your coin and market.
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January 03, 2020, 05:54:18 PM
 #103

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.
In my own point of view, it is really hard to be able to get a large amount of money in trading nowadays, especially if we are facing a bear market that it ia really hard to make a good decision just for us to earn good profit. Some of us cut our losses when our holdings our down, and some just hodl, it is already a proof that trading is a risk that whatever your decisions will be it might be bad if our holdings are really down.



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January 03, 2020, 06:04:53 PM
 #104

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.
Let be real, you can find many pump and dump coins in the market and you might already know the risk involved in these coins and in the past one year which market has a momentum, only bitcoin and the rest of the top alt coins usually follow the bitcoin market and if you are investing in altcoin thinking it will give you the profit then no one can help you. Invest in bitcoin when the market goes down and have the patience rather than looking to make a profit on a daily basis unless you are trading with a bot that is able to evaluate the market situation.




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January 03, 2020, 08:22:23 PM
 #105

Hard to understand what you are saying. I guess you are using a translator? From what I understood, you are saying that you aren't able to make "significant" amount of profit and most of the time, you make loss when trying to sell. Well, then find out what you are doing wrong. Try to understand your mistake and get used to the market. You will find a similar pattern taking place for which you are making loss. Once you get to know about the flaws in your trading "strategy" from those patterns, try to fix it. You will be doing better this time.


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January 03, 2020, 09:48:25 PM
 #106

Why it's really hard if you want to sell or carry on a long-term basis. So long so uncertainty occurs and the price fluctuates from time to time, you will benefit from it. Don't presume the market will always show green colours because it can not happen. The most important thing about this is just that you know the right time to buy and sell money. The price of Altcoins was tied to the price of Bitcoin and it's almost the same movement.
I think you are suggesting to just become a long term investor rather than a profitable trader. You should prioritize utilizing the fluctuations in every cryptocurrency that you have and to do that is through proper planning. If the price of a cryptocurrency is against to your bias, then that means you are wrong and you should take action about it. Don't be a trader and turned into an investor just because you do not want to make your paper losses, real.

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January 03, 2020, 10:23:42 PM
 #107

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.

This is one reason why I left to trade altcoin and switch to margin trading I only trade bitcoin right now most altcoin that make a high spike are doing by pump and dump group. But like other said try to look to your mistake and analyze where did you make mistake so next time you will know what will do.

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January 03, 2020, 11:19:55 PM
 #108

You don't need to get just one singular very profitable trade to be successful in crypto. A lot of people just sit on trades until they reach outlandish targets, but if you're able to make lots of smaller profitable trades while capping losses on those trades, that works just as well too.

If you're trading Bitcoin, I suggest first doing so without leverage and then later moving onto leveraged trading at your own risk. Bitcoin's already volatile as it is, and it just gets worse with leverage and especially worse the higher you go with leverage. Same goes for alts; it's easy to get burned, but the potential profits are high too, though I do sometimes short altcoins on leverage.
Leverage is fine as long as you are trading small % of your capital in one position. Just set proper exit points and profit Cheesy It will let you trade some spots that would not be really worth it otherwise. It gets thing a little complicated but not too much above the standard curve. Both ways the biggest mistakes is betting too big at once so this will need to get fixed asap.
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January 04, 2020, 01:58:58 AM
 #109

Stop chasing and thinking for easy money here cause it might only disappoint you. The current market situation is really not in a good position unlike what we experience last 2017...If you are good and smart enough in trading you can still make more gains but it is really hard for sure, in fact, even expert has the same experience.

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January 04, 2020, 04:31:35 AM
 #110

~snip~

Well, according to what you explain, you start trading only so that your currency can go up and expect profits, although it is a very limited type of trade, you lose the essence of trading, because you must keep in mind that when Bitcoin falls in price altcoins go down, if you bet with some leverage to the Altcoins you obviously win.

You should always check the price of Bitcoin and analyze possible Bitcoin movements, so that you can enter the Altcoins market, the altcoins have no life of their own, Bitcoin does, Bitcoin is the King, the boss, I recommend that if you invest do it In Bitcoin, if you speculate mostly now the trend for altcoins is down due to bitcoin movements, although a good Bitcoin Bullish rally is expected.



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January 04, 2020, 06:06:26 PM
 #111

Stop chasing and thinking for easy money here cause it might only disappoint you. The current market situation is really not in a good position unlike what we experience last 2017...If you are good and smart enough in trading you can still make more gains but it is really hard for sure, in fact, even expert has the same experience.
Nothing is easy in this world because we gain something with our patience, hard work and allot of efforts and specially in crypto we will have to make profit by holding and waiting for it. So if good time came once then ir will surely come again but we will have to keep waiting and don’t panic, trade for long term you will earn huge profit one day.

 
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January 04, 2020, 06:30:55 PM
 #112

Stop chasing and thinking for easy money here cause it might only disappoint you. The current market situation is really not in a good position unlike what we experience last 2017...If you are good and smart enough in trading you can still make more gains but it is really hard for sure, in fact, even expert has the same experience.
Nothing is easy in this world because we gain something with our patience, hard work and allot of efforts and specially in crypto we will have to make profit by holding and waiting for it. So if good time came once then ir will surely come again but we will have to keep waiting and don’t panic, trade for long term you will earn huge profit one day.
It is really difficult to earn profit in trading especially if you are new in the market. If trading is our passion then we will find a way where we can become a knowledgeable trader, finding information is also difficult and it is why we should have researching skills. Like what you said, patience is also important in trading and every trader should learn how are we going to increase our patience.
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January 06, 2020, 05:11:27 PM
 #113

If you really observe the market movement, you will see a lot of opportunities given by the altcoins in the market from the past couple of weeks. There's always a chance on the market, and you just need to examine each of them to see and sort out the good opportunities for making good profits. You have to do it on your own and do not rely on recommendations from other people so that you can maximise the profit. Sticking to your own strategy is the best advice.

of course things need to be done choosing altcoin that is good enough to be used as day trading, although the benefits obtained are not too large in day trading if it is often done then the possibility of the benefits we collect every day will grow and certainly do not be greedy to have the ambition to get a profit big every day
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January 06, 2020, 05:20:35 PM
 #114

If you're trading Bitcoin, I suggest first doing so without leverage and then later moving onto leveraged trading at your own risk. Bitcoin's already volatile as it is, and it just gets worse with leverage and especially worse the higher you go with leverage. Same goes for alts; it's easy to get burned, but the potential profits are high too, though I do sometimes short altcoins on leverage.
You are an advanced trader as such something like that could work for you but we should not expect that most traders can use leverage successfully, as you say the volatility of this market is already huge and many traders do not use a stop loss which means that if they let their computer unattended with an active trade and the market goes against them that can be enough to lose all the money you have in your account and we have seen several examples of this over the years in the forum.
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January 06, 2020, 07:10:20 PM
 #115

I don't think it was ever easy, maybe just the opportunities were better.
Making any kind of profit isn't easy and doesn't come without efforts. It's very important to set realistic goals according to your possibilities and capabilities and to have enough patience. Success and profit don't come over night.
Skilled and experienced traders stil can make very nice profit but that takes constant dedication to the market.

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January 07, 2020, 01:10:09 PM
 #116

Stop chasing and thinking for easy money here cause it might only disappoint you. The current market situation is really not in a good position unlike what we experience last 2017...If you are good and smart enough in trading you can still make more gains but it is really hard for sure, in fact, even expert has the same experience.
Nothing is easy in this world because we gain something with our patience, hard work and allot of efforts and specially in crypto we will have to make profit by holding and waiting for it. So if good time came once then ir will surely come again but we will have to keep waiting and don’t panic, trade for long term you will earn huge profit one day.
It is really difficult to earn profit in trading especially if you are new in the market. If trading is our passion then we will find a way where we can become a knowledgeable trader, finding information is also difficult and it is why we should have researching skills. Like what you said, patience is also important in trading and every trader should learn how are we going to increase our patience.
That is understandable, it all becomes successful when we learn to control ourselves and patience as well. Many traders suffer such difficulties coz they never anticipate such differences and it surprises them. Experts never look of what it happens today but always anticipating of what it happens in the future  and that it brings them achieving their goal.

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January 07, 2020, 01:35:02 PM
 #117

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.
if you are not a expert trader,then i may advice you to stop trading first and just use Holding strategy while you are still learning.

trading is not for all mate and this has been proven by many prospective traders that fails and now blaming the market because of the volatility,i have tried once but stopped now as i believe that we are not all deserve to trade not unless we will spend too much time to learn and may find Good adviser and teacher before we will enter Daytrading the riskiest way to earn in this market(but also the most profitable)

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January 07, 2020, 02:11:51 PM
 #118

Choose one of the altcoin that is on the top 10 list because they tend to rally along with bitcoin and before investing into altcoins it would be probably better to pick coins that has a good market cap and with good potential that is backed with legit companies and real CEO.
It would be highly recommended for newbies to watch crypto trading experts on youtube on how they do things, for you to have better understanding on what they're doing and from there you could find people that will give advice.

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January 07, 2020, 02:40:09 PM
 #119

Yep you’re right it has been really difficult these days but I just see it as how’s it’s meant to be, because trading is really a difficult thing to do. Recently, I stopped trading frequently and only trades when I think is the right time to trade and I know there is the possibility that I’ll make profit. What I focus now is just long term, and it is working for me though it’s unlike short term where you might make profit frequently or loss, but it is more safe and you will wait long time, and it gives me the time to focus on other important things.

Making profits in crypto trading is always difficult which means the current scenario of sideways markets allow only the experts to make profits but fortunately last 2 days market remains bullish and this could bring some intermediate traders too into profit zones.



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January 07, 2020, 03:33:47 PM
 #120

Choose one of the altcoin that is on the top 10 list because they tend to rally along with bitcoin and before investing into altcoins it would be probably better to pick coins that has a good market cap and with good potential that is backed with legit companies and real CEO.
It would be highly recommended for newbies to watch crypto trading experts on youtube on how they do things, for you to have better understanding on what they're doing and from there you could find people that will give advice.

Not guarantee with top 10 list altcoin on the coin market cap because many top coin keep stable with lower price and very difficualt wanna grow up like Ripple, maybe many investor know whit ripple in third position in exchange market but price never growing up after last two years have raise with higher price, I think most profitable with higher profit by investing in new coin only.

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GEOMA DAO


Take a Look Into the Future


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