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Author Topic: 5 Easy Ways to Improve Your Cryptocurrency Trading Profits  (Read 248 times)
sisule
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January 19, 2020, 12:28:48 AM
 #21

Dont know whats wrong with the site yet i cant open it even though i have strong and stable connection.Tried for several browsers but still have the same problem.

Okay setting it aside and basing up on topic title on getting improvement with your trading.It might sound easy but wont really be that simple to follow.
Experience would always be the key for you to learn everything.You would face up common mistakes and learn from it until you do learn it gradually
and making you as a better trader as soon you do realize on familiarizing anything on different market situations and corresponding decisions to be made.

The site is accessible on my end. So here are the five ways as mentioned in the article in case you got curious:

  • Trade With a Multiplier
  • Trade on the Short Side
  • Set up Automatic Alerts
  • Use All the Available Tools and More
  • Cut Down Your Fees

The writer is obviously referring to margin trading which is very risky especially for newbies. I don't even encourage average traders to get into margin trading. It is very risky everything is like gambling. So I only agree on the 3rd up to 5th. The 1st and 2nd are case to case basis.
I agree when some wrote article or topic better mention in their discussion forum without have visit their link or he try to make something else by promoting his website in this forum, I think many way how to be success and get much profit with trading like use multiple altcoin for trading, its the best and most profitable way when we loss chance for getting profit with one altcoin but we still have chance at other coin and not put all your assets in one bracket.
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Savemore
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January 19, 2020, 01:57:45 AM
 #22

Dont know whats wrong with the site yet i cant open it even though i have strong and stable connection.Tried for several browsers but still have the same problem.

Okay setting it aside and basing up on topic title on getting improvement with your trading.It might sound easy but wont really be that simple to follow.
Experience would always be the key for you to learn everything.You would face up common mistakes and learn from it until you do learn it gradually
and making you as a better trader as soon you do realize on familiarizing anything on different market situations and corresponding decisions to be made.

The site is accessible on my end. So here are the five ways as mentioned in the article in case you got curious:

  • Trade With a Multiplier
  • Trade on the Short Side
  • Set up Automatic Alerts
  • Use All the Available Tools and More
  • Cut Down Your Fees

The writer is obviously referring to margin trading which is very risky especially for newbies. I don't even encourage average traders to get into margin trading. It is very risky everything is like gambling. So I only agree on the 3rd up to 5th. The 1st and 2nd are case to case basis.
Automatic alerts are important specially for those who have full time job. Even if they are not monitoring their portfolio, they can know what is happening through automatic alerts. Proper risk and management can help us to improve our skill, having a stop loss can make us to become a discipline trader. I can define a discipline trade which he/she can control his/her greed, fear and emotions.
nicolas1979
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January 19, 2020, 06:04:10 AM
 #23

The web is so heavy, I think you need some modification and make the web simple. Mostly I agree with your tips except alarm and use all available tools in trading dashboard. Alarm is remainder but this tools can't detect which one fake and real movement?. Second reason is every tools in trading dashboard created to help you but the real tools is indicator it self. We don't say about delay or the data is not accurate but indicator more helping about predict movement. Another tools only giving view ( just view ) but indicator follow market and give you clue where you can start and finish.

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topbitcoin
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January 19, 2020, 07:31:28 AM
 #24

Use tools that i have, unfortunately only tools that i use to make profit is news. Well, although not much experience, sometime follow news will really helpful for me. I can hold bitcoin longer than i hold altcoin because good news that sometime come from bitcoin and usually it make bitcoin price pumped after it.

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January 19, 2020, 12:20:36 PM
 #25

Learn basic technical analysis, never be emotional, learn risk management, Of course proper risk management, don't fall for permabulls or permabears telling you bitcoin always is going up even when we are in a bear market, when market crashes 50% in one day, don't panic, that's normal round these parts etc. Learn to be independent from others. Until you've achieved this don't touch trading. at that point you will be able to make 500-1000% returns easily on trading.
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January 19, 2020, 12:39:47 PM
 #26

He didn't say anything about it being his though. It's an article he probably found on the net and he wants it to be shared to the forum.

His post history gonna tell you about him more than what he said in this post, don't be lazy to check Smiley

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January 19, 2020, 01:49:23 PM
 #27

Assuming daniel didn't wrote this out of some advertisement reasons, there are plenty of reasons why this should be not favorable for people who are not expert traders. It both suggests that improving trading profits includes trading with high leverages which have very low margin of error where you can lose all your money, but it also suggests taking advantage of shorting bitcoin as well which as of a bull run we are in right now may not be the best advice.

I am not saying these are all wrong ideas, they are very well could be the best ideas to make as much profit as you can do but it doesn't really mention the insane level of risk involved as well, I personally would put a disclaimer stating that, all of these could bring you more reward but could also end up making your wallet go to zero as well.
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January 19, 2020, 03:33:40 PM
 #28


Technical Analysis in the market is the most essential and helpful thing to do in trading because it will depend your strategies and plans before you do a transactions. You can consider yourself still a newbie if you notice that, when you trade for so long but still you didn't have a large profit or it didn't reach your target profit. So that you need to change your strategies and learn from the mistakes you've made. Help yourself grow before your money, and know that patience, hard-work and critical thinking do to your trading experience.

margin trading were not here back then but it was more of accumulation that makes it more profitable. when you have just about 1BTC and you get out of the market in a day with about 1.1 BTC, that's what profitable. you still look at the charts and use the indicators just as how it should be used. its the altcoins that is easy to accumulate in times of bull market. accumulating 1.2M doge from 1M doge seem possible this time.










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January 19, 2020, 04:05:29 PM
 #29

The only acceptable thing that the article posted is about setting up automatic alerts on price movements. But the article isn't really fit to beginners even the mid-level traders. When we talk about leverage and derivatives trading most traders we have in the market doesn't even know what that is and it is really risky for them to follow this kind of suggestion especially when they don't even dive in what those are all about. Aside from that why even suggest leverage trading in the first place if they aren't even profiting from normal trading? If they go ahead they'll just be risking their money more so maybe the right way for what the traders should do is to be successful in normal trading first before they even open up onto other kinds of crypto trading.
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