Good capital managemt is important

[Metall303]

another very important point is to learn how to always fix 10 percent of profits in fiat currency. this will always help to accumulate fiat currency for everyday needs and investments in the real sector of the economy. such diversification is also very important

[TheUltraElite]

Avoid new coins if you wanna trade in the long term. Although listed on the top exchanges, it isn't uncommon for them to actively engage in fraud in terms of price manipulation and trading volume.

You can have general mentality of not investing into altcoins because all of them are good for a short term profits but not long term, still there will be people who are taking that chance with startups on IPOs and get fooled by IEOs here which are named to imitate but failed to deliver. If you want to keep your coins safe, buying bitcoin is what I suggest people.

Long-term investments must be made on top altcoins

Even top altcoins are not give market performers. The only coin you need to make a good profit from is bitcoin - this has been proven so may times seeing the bear-bull cycles and watching the bitcoin and altcoin markets separately.

For a good capital, putting >90% into bitcoin for the amount allotted to cryptocurrencies is a very wise decision.

[Baihaki Khaizan]

as a beginner, I am very grateful to those of you who have shared this theory. I had previously been involved in business, but due to the lack of qualified management, it certainly made me lose my direction. thank you.

[Kezacky]

I think in trading depends on how the strategy or how far your knowledge of trading. I personally am not very active in trading because I don't have a high risk appetite, but next time I will try after the market is stable, have money and also knowledge capital.

[miklesm]

Capital management is do important today. There are huge coins to invest on the cryptocurrency market and if you do not follow some kind of strategy, you will simply loose all your funds invested in useless projects.

[InwardContour]

2. Learn and strategize how to manage your capital
3. Make research on choosing good exchange that will favour your trading.
4. Learn to take profit at intervals

Please add your suggestion for everyone to learn from it. Thank.you

Number 3 is the most important in my opinion, do not just trade on any exchange, trade only on exchanges with very high reputation and security since even after making profit, you might lose your entire funds on exchanges with low reputation/security. Again, go for exchanges with high trading volumes. Any trader who doesn't  use stop loss is making a grest mistake, even the coins we consider top notch might have a strong FUD unexpectedly like what happened to ENG months back and led to massive drop in price. Also, do not use same figure for both upper and lower limits of your SL, use a range so that you will be sure it picks. Lastly, remove greed, take profit when its necessary, some people still make the mistake of waiting for 100% to 1000% when in profit, a good trader checks the chart and know when to leave the trade.

[samcrypto]

Protecting your capital is not that easy, I actually lose a lot of it before learning on a hard way. I do agree on these things, you must be fully equipped and knowledgeable enough to survive on this market, choosing the best and having a best decision can help you to save your capital and make money out of it. Trading is also not easy, usually traders losses their capital within a day, so be careful on that and be a good trader who keeps on making profit.

[inanilujimi]

of course capital management is very important when you have a capital large enough to be traded to avoid high risk if you see crypto market fluctuations.
but it will be problematic when people do not have enough capital to trade and only wish luck on the market flow.

[Mia44]

I do not think capital management is needed in the crypto currency trading sphere.

Trading is all about risk; without risk there is no gain
Traders go into each trade with a mind to lose; but the confidence to make more profits than the loss.

Always dyor

I think capital management is important in any form of investment, and cryptocurrencies are no exception, even it is very important, because of the high risk. Without managing capital trade is no different than gambling

[shinratensei_]

Capital management is do important today. There are huge coins to invest on the cryptocurrency market and if you do not follow some kind of strategy, you will simply loose all your funds invested in useless projects.

It may be a little bit wrong. The capital management used to manage our money especially to manage our profit. Fund management is really important when you will be deciding to invest in the crypto or try to build your portfolios.
Strategy is not the only thing that will determine your success but there are so many factors too.

[swivel1983@gmail.com]

Money management is really very important. I also made mistakes, did not know how to trade correctly and did not properly manage my capital. It was a very valuable experience for me. And I can confidently say that you need to pay attention to this.

[Ezravdb]

I quite agree with the tips that you shared to help novice traders manage capital management so as not to rush into making decisions, maybe a little extra for novice traders in addition to capital management there are very important tips, namely when choosing a coin to trade because if you choose the wrong coin would be a big disaster for our capital, of course the most important thing is that we choose a Coin ranked 100 CMC to be our main target in trading.

[Odebowa]

capital management can be regarded as an accounting strategy that strives to maintain sufficient and equal levels of working capital, current assets, and current liabilities. This helps a company to meet its expense obligations while also maintaining sufficient cash flow and is primarily related to short term financial decisions.

Proper management of working capital is essential to a company's fundamental financial health and operational success as a business.

[Yamifoud]

When it comes to trading, it needs fully equipped knowledge about it, especially in fund management. Any business will fall because of this thing not only in trading. If you can manage your fund correctly, then you can see that your trading life has better outcomes and for sure it succeeds than to lose.
This is a vital thing we need to acquire in all aspects of our life and particularly when you are dealing at risk.


BTW,
Since we are talking about trading in here, I believe this thread does not belong to Altcoin discussion but it should be at the trading discussion board https://bitcointalk.org/index.php?board=8.0.

[Kasabus]

Money management is really very important. I also made mistakes, did not know how to trade correctly and did not properly manage my capital. It was a very valuable experience for me. And I can confidently say that you need to pay attention to this.

Good capital management is very essential not just in trading alone but in all aspects of business. Learn to make stop loss if you think you are losing a big amount already. And do not trade with a wrong coin because it will only make you lose more, rather trade on a coin that is on top of the coinmarket and that is more trusted by most of the traders.

[matchi2011]

I quite agree with the tips that you shared to help novice traders manage capital management so as not to rush into making decisions, maybe a little extra for novice traders in addition to capital management there are very important tips, namely when choosing a coin to trade because if you choose the wrong coin would be a big disaster for our capital, of course the most important thing is that we choose a Coin ranked 100 CMC to be our main target in trading.

Choosing the right project by following the progress of the team behind. If you have good information regarding on how the team are working behind the project you'll be able to decide properly. It will cater the fund management and the process whether for long term or short term goals.
It's always best to research and assess properly every decision that you'll going to take as risk within volatile market is really  unavoidable.

[maxreish]

I do not think capital management is needed in the crypto currency trading sphere.

We need it.
Are you not a trader? Managing your capital is very significant. If you can't manage your fund and you do hastily entries, your trades will probably be a mess.

What I do is to compute my capital fund with the leverage I am using so I can still move forward whenever immediate liquidation or cut loss occured. I always get my profits out and let stay my capital.

[aditasetia123]

money management very crucial for all traders , if they have not any plan with their money it will be very easy to lost in market. trade plan which is contain trade risk and profit ratio will help us to calculate on how long we able survive in market. if we dont have it , i think its same think with gambling.

[ttcsalam]

You are right. Many people think that you can own a lot of capital overnight.Many new investors invest without realizing it. They are suffering a lot due to not knowing the management.You need to study more before investing.

[VDraci]

The best advice from original post lists is learning to take profits, long term hold is good but you would have make more if you are the type that take profits or change your Bitcoin to usdt and buy again when Bitcoin goes down, before you know it you will double your BTC