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Author Topic: Profit matters most in crypto currency  (Read 1742 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (1 post by 1+ user deleted.)
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January 03, 2020, 06:33:55 PM
 #81

Crypto space is unpredictable, few weeks ago i quickly dump some tokens i earned from a bounty and after a day or two the price rise from 0.003 to 0.006 which is doubled, what should be everyone's priority in crypto space is solid projects, not all coins and tokens are meant to be dumped.

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January 03, 2020, 06:39:06 PM
 #82

Patience matter most in crypto currency

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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January 03, 2020, 07:14:03 PM
 #83

In conducting a trade of course we must be prepared with everything. Possible risks that exist and in this case very necessary knowledge that is qualified in every analysis of price movements, so that we can minimize any risk of loss that cans occur and the most important for a trader is patience and not panic in making a decision in making a transaction.

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January 03, 2020, 07:17:44 PM
 #84

Quality of a project is what matters most to me in crypto currencies, shitcoins are coins one could dump when there is few profits gain on them, if you dump quality projects for few dollars you will bite your tongue later on  Cheesy
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January 03, 2020, 07:23:44 PM
 #85

The problem is people don't have patience and it is a normal thing after facing a losing streak but short-term trading is the not right way to take profits because people who are afraid always go for short-term but if you look at the bigger picture you can see things more clear. I just half agree with your points but I think the long-term is the best way to accumulate in the crypto market.
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January 03, 2020, 09:15:48 PM
 #86

My brothers, anything crypto currency is highly volatile, don't hope on a hopeless hope, whenever you see profit, take it.

I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end

Like I always say, small money in ur bank account is far better than $3k in ur online crypto wallet/exchange,

it can only be better the moment it's converted to your local currency.

Invest in crypto, safeguard your profit.

NB: Just my believes and mindset, I would love to learn even further from everyone here.
Ignore my English too

Happy new year.
In trading, don't prioritize lust because lust can make you wrong when making decisions. some trade experts say focus on what is in front of you means that we should take real advantage rather than expect the pope to come to you. Manage your finances before you are governed by your anger.

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January 03, 2020, 10:40:08 PM
 #87

I have been in situation where I dillly dallied and eventually lost the entire profit. I have learnt my lesson these days every little profit that comes my way o am taking it straight up, no time to waste
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January 03, 2020, 10:52:53 PM
 #88

I agree that always take profit when possible is important, but i think most people dont think like that. Lots of people know what the market did in 2017 and now they always want that bull run happen again, so most of them will waiting for large profit and not accept small profit.


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January 03, 2020, 10:57:07 PM
 #89

I agree that always take profit when possible is important, but i think most people dont think like that. Lots of people know what the market did in 2017 and now they always want that bull run happen again, so most of them will waiting for large profit and not accept small profit.
indeed in 2017 you can get a lot of profit because cryptocurrency prices in exchange places are increasing and demand conditions are very high so that it can make the price very expensive and many people get profit, whereas in 2018 until 2019 it is difficult to be able to make a profit because his condition is weakening, hopefully in 2020 this can get a lot more profit from cryptocurrency.

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January 04, 2020, 01:25:26 AM
 #90

Yes sure, I'm agree with you. In the end just want to get profit even it just 1% from trade. We just need doing it consistently, let's make it 1% growth per day in your an exchange account, you will see how much it will be in a month. Even crypto market is unpredictable at least you must follow the rules of you own when trades.

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January 04, 2020, 01:45:52 AM
 #91

whenever you see profit, take it.

I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end

Yes, I do agree on taking profit as soon as you see some, but it still depends on how much profit will make you happy. Some see profits and grabing it as soon as they feel happy about it but also feel unsatisfied when they found out that their investment should have earned more if they haven't took that opportunity.

Like the OP said, profit matters most in cryptos, and all investors want is to earn large amount of profits but we do not know when will it happen. So we should always know ourselves, what will make us happy and satisfied. How much money do we want in order for us to be happy and satisfied.
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January 04, 2020, 03:43:32 AM
 #92

Yes sure, I'm agree with you. In the end just want to get profit even it just 1% from trade. We just need doing it consistently, let's make it 1% growth per day in your an exchange account, you will see how much it will be in a month. Even crypto market is unpredictable at least you must follow the rules of you own when trades.
Actually making 1% profit from trading is not easy and you need to have a lot of knowledge to be able to be more successful in this market. In my opinion, the most important thing is profit and must always know how to manage assets because this is the most basic thing before you choose to invest. In addition, you should also learn from experts on trading because they will give you a lot of useful advice.

However, you may not always be able to make a good profit and there will certainly be times when you feel very bored when you trade.

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January 04, 2020, 03:46:36 AM
 #93

Yes sure, I'm agree with you. In the end just want to get profit even it just 1% from trade. We just need doing it consistently, let's make it 1% growth per day in your an exchange account, you will see how much it will be in a month. Even crypto market is unpredictable at least you must follow the rules of you own when trades.

And make sure don't go all in in every trade because that will be a waste if we did 1% profits each day but there are one day that our coins that lost 10% then we cutted loss, our 11 days would be a waste and not gaining anything. Money and assets management is really needed in cryptocurrency because a coins could gain 100% or loss 100% in just a day.
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January 04, 2020, 04:02:14 AM
 #94

profits that are consistent with regular trading will indeed be better than having to hold coins, because prices are very volatile and market conditions are very bad.
By doing scalping or continuous trading of course the profit will get quite a lot, if not trapped at market prices and can read the market movements well. Usually use a low TF to trade scalping.
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January 04, 2020, 05:48:06 AM
 #95

yes i agree with you op it is better to get a little profit but it is real rather than continuing to hold coins in exchange and hope prices continue to rise. but in reality the price does not go up it actually decreases. now I also prefer to make short-term investments if the coins that I hold have experienced a 10% increase I will sell and take profits. and when the coin price goes down I will buy again. I think this method is more profitable than long-term investments that have to wait a long time to make a profit.

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gabbie2010
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January 04, 2020, 07:35:10 AM
 #96

profits that are consistent with regular trading will indeed be better than having to hold coins, because prices are very volatile and market conditions are very bad.
By doing scalping or continuous trading of course the profit will get quite a lot, if not trapped at market prices and can read the market movements well. Usually use a low TF to trade scalping.

You nailed it here, just like forex trading were a trader make profits consistently without taking a big risk in a very volatile and unfavorable market conditions, however in crypto when a trader buys at the peak and the price declined or dumps the trader has to wait for a  very long period of time for the price to pump or recover to break-even before taking profits.
Trading and earning 1% profits daily consistently with a good money management would amount to a big profit in a long term.

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January 04, 2020, 11:28:06 AM
 #97

Yes, profit does matter in crypto, Nowadays everyone comes in crypto to make money, though the purpose was different before! Taking profit is really a brave move, and I always love to take it. Because when 90% of people keep telling you to hold, don't sell then selling token is not really easy! But whoever was greedy they are regretting every day and the seller becomes the winners. That's why my strategy is very simple, sell your crypto whenever you need it or want it! Hold it when you have enough money to spend and hold a certain amount which you can lose happily!

Bitcoin is gonna hit 100K usd
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January 04, 2020, 01:35:48 PM
 #98

not with me, I have greater assets in digital currency than money in my savings. I'm not doing this without a reason, I'm still waiting for the highest price before moving my digital assets to cash  Grin I don't want to regret a second time like the end of 2017
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January 04, 2020, 08:06:03 PM
 #99

Yes, everyone wants a good profit from their investment, but sometimes we need to hold tight and buy more. Right now, the crypto market condition is not better but everyone expects a better price for every potential coin. So, if someone sells their coin at this moment, they will regret after a couple of months. So, not every time is good for sell coins, but and hold now and sell after a couple of months and take the profit!

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January 04, 2020, 08:14:52 PM
 #100

crypto which we call to invest money or want to get profit from it yes I can say it's safer to save your money in the bank than to save in crypto because it will make you lucky haha ​​this is a joke
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